Bank of America has more than 5,000 locations and 16,000 ATMs nationwide. They offer many different accounts: checking, savings, CDs, IRA and investment accounts through Merrill Edge. They are highly praised for their good customer service with extended hours.
Whereas, US Bank has 3,000 branches across 26 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees, but their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.
Read below and learn about which bank better suits your financial needs!
| BONUS LINK | OFFER | REVIEW |
| Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $100 Cash | Review |
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| Bank of America | US Bank | |
| Locations | Over 5,000 locations (Locator) | More than 3,000 branches across 26 states:
Arizona, California, Colorado, Florida, Hawaii, Illinois, Louisiana, Massachusetts, Michigan, New Jersey, New York, Tennessee, Texas, Washington, & Wisconsin. (Locator) |
| ATMs | Over 1,800 ATMs | More than 4,700 ATMs across the country |
| Savings | 3/5 | 3/5 |
| CD | 2/5 | 4/5 |
| Checking | 2.5/5 | 3/5 |
| Money Market | N/A | 3/5 |
| Customer Service | 4/5 | 4.5/5 |
| Mobile App | 4.5/5 | 4.5/5 |
| Pros | -National availability -Extended customer service hours -Full service bank |
-Promo CD with high APY – Free student account -24/7 customer service |
| Cons | -No free checking option – Low interest rate -Many miscellaneous banking fees |
-High minimums to waive fees -Low savings APY |
| Bottom Line | Bank of America operates nationwide offering many account options like checking, savings, and more! | US Bank offers a wide array of services and many account options. |
Conclusion
Bank of America and US Bank are some of the top banking institutions within the U.S. They offer several account options and features for your banking needs.
In summary:
- Bank of America has many account options and their user friendly interface and mobile app is noteworthy.
- U.S. Bank is the country’s fifth largest bank, their promotional CD Special offers high interest rates. Plus their mobile app is one of their notable aspects for their users.
For more variety of options, see our list of the best bank account bonuses & savings account offers.
