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U.S. Bank Reserve Line of Credit

Get more from your checking account with overdraft protection from a U.S. Bank Reserve Line of Credit.

U.S. Bank Reserve Line of Credit benefits include1:

  • Protection for your U.S. Bank checking account from accidental overdrafts
  • No annual fee
  • Convenient automatic advances into your checking account in increments of $200 when the balance falls below zero2
  • Low monthly payments
  • Easy access to your line of credit by:
    • Writing a check
    • Using your U.S. Bank Check Card
    • Making a transfer at an ATM, branch, or in U.S. Bank Internet Banking

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Additional options for overdraft protection include:

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  1. U.S. Bank's Reserve Line product is the primary source of overdraft protection for most customers. The Reserve Line has no annual fees. You only pay finance charges on the amount you borrow. Customers can manually advance to cover short term cash needs at no cost.

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  2. Automatic advances made by the bank will be assessed a $2.00 Automated Advance Fee (the maximum daily automated fee is $2.00). A Late Payment Fee of $20.00 will be assessed each billing cycle if any portion of the Reserve Line payment amount is past due three days after the billing due date. The Daily Periodic Rate of Finance Charge is 0.06% (for example, if the outstanding balance is $100, this rate of finance charge equates to $0.06/day in interest).
    The ANNUAL PERCENTAGE RATE (APR) is 21.9%


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