US Bank Savings Rate Audit
A major regional bank. Standard savings pays 0.05% APY. The best high-yield savings accounts pay 4.20% APY — a 4.15% point gap that costs real money every year.
US Bank's rate is not currently in SwitchWize's live-tracked set — the 0.05% APY shown is an estimate. Confirm the current rate directly with US Bank before relying on it.
Annual Cost of Staying at US Bank
| Balance | US Bank Earns | Best HYSA Earns | You Lose |
|---|---|---|---|
| $10,000 | $5 | $420 | $415/yr |
| $25,000 | $13 | $1,050 | $1,037/yr |
| $50,000 | $25 | $2,100 | $2,075/yr |
| $100,000 | $50 | $4,200 | $4,150/yr |
Advertising disclosure: Some products are from partners. This does not affect rankings.
Full disclosure →SoFi Checking & Savings
SoFi
Based on your savings balance, this account maximizes your yield with FDIC protection.
Advertising disclosure: SwitchWize may earn a referral fee if you open an account through this link. This does not affect our rankings or recommendations. Learn more
Calculate your exact penalty
Enter your real balance and current rate for a personalized breakdown.
Open Rate Gap Calculator →Frequently Asked Questions
What APY does US Bank pay on savings?
US Bank is not in SwitchWize's live rate-tracking set yet; 0.05% APY is an estimate, not a verified current rate. Confirm directly with US Bank before relying on this figure. The best available high-yield savings rates pay 4.20% APY.
How much am I losing at US Bank?
Using the estimated 0.05% APY, the gap to the best HYSA (4.20%) would cost roughly $1,038 per year on a $25,000 balance — treat this as indicative until the exact current rate is confirmed.