US Bank vs Payline

US Bank is a big national bank with wide array of services and many account options. How does it compare to Payline? Read our comparison chart below.

US Bank has over 2,200 branches across 26 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees. Their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.

While Payline uses an Interchange-Plus pricing model. Swiped transactions are Interchange + 0.2% + $0.10 per transaction, plus a $10 monthly fee. There is no contract and your first month is free. Payline is also known to work with high-risk merchants.

Compare US Bank with Payline, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	US Bank	Payline
	Member FDIC
	Visit Site	Visit Site
	SPECIAL OFFER U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus - Learn More Read US Bank Review
	Benefits and Features
Savings	0.01% APY. Minimum deposit $25. Monthly maintenance fee $4, unless you have $300 minimum daily ledger balance OR $1,000 average monthly collected balance.
CD	Standard Term CD: 0.05% - 0.25% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $249,999.
Checking	Smartly Checking
Money Market	0.01% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 daily ledger balance.
Equipment		POS (EMV Chip & PIN, Magstripe, NFC/contactless), Mobile Payment Processing, Subscription Billing, ACH Payments, Online Processing
Customer Service	24/7 Live Customer Service (Telephone)	Phone, Email
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
Customer Service
Price
Equipment
Contract
Ecommerce
High Volume Business
Low Volume Business
Pros & Cons	Pros: Promo CD with high APY Free student account 24/7 customer service Cons: Low savings APY	Pros: User-friendly interface Transparent interchange-plus pricing model Cons: Monthly fee $25 monthly minimum processing requirement
Bottom Line	Big national bank with wide array of services and many account options... Read full review	Good credit card processor for most businesses... Read full review
	Visit Site	Visit Site
	U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus Silver Business Checking Package - Up to $800 Bonus Gold Business Checking Package - Up to $800 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. US Bank: Pricing information from published website as of 04/09/2024 based on 91107 zip code.

Member FDIC

U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus

Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC.

Earn up to $500 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:

Enroll in online banking or the U.S. Bank Mobile App
Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $100, $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500

Earn up to $200 with a new Standard Savings account.

Make new money deposit(s) totaling $15,000 or more by July 17, 2024
Maintain that balance until October 31, 2024

Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.

Learn More

Expires 6/27/2024

Member FDIC

Silver Business Checking Package - Up to $800 Bonus

Earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through April 23, 2024. Member FDIC. Complete these steps to earn the offer:

Earn your $350.