Fixed rates and three monthly payments
Borrow up to $1,000 in $100 increments with a fixed rate for every $100 you borrow. Then, repay the loan in three monthly payments.
Not a U.S. Bank checking customer? Explore our checking account options.
For every $100 borrowed you pay a $6 fee. If you borrow $400, your fee will be $24. You’ll pay back a total of $424 in three monthly payments of approximately $141.33 each. Your total cost to borrow (annual percentage rate) will be 35.65%.
A Simple Loan is a one-time, high-cost loan. If you need more than $1,000 or are looking for ongoing credit, our other loan and credit options might make more sense for you.
Looking to consolidate debt or fund a major purchase? Current U.S. Bank customers with credit approval can borrow up to $50,0002 with our personal loan.
Get perks for your everyday spending with a U.S. Bank credit card. Find the card that best fits your lifestyle and earn cash back, rewards, travel benefits and more.
Tackle financial goals with a little more flexibility. If you're a U.S. Bank customer, you can use available credit as needed and only pay interest on the funds you borrow.
Prevent overdrafts on your U.S. Bank checking account and pay no annual fee with a reserve line of credit.
Our application process is fast and easy.
If you’re at least 18 years old, you can start your application by logging in to mobile and online banking and accessing the Simple Loan application link on the checking account page.1