U.S. Bank Personal Loans

U.S. Bank offers personal loans including a standard unsecured personal loan and a small-dollar loan product called Simple Loan, which is available to existing U.S. Bank customers. U.S. Bank is one of the five largest commercial banks in the United States, with branches in many but not all states.

The standard U.S. Bank personal loan is an unsecured installment loan with fixed rates and fixed monthly payments. It can be used for debt consolidation, home improvement, major purchases, and other personal expenses. Existing U.S. Bank customers may receive a discount on the interest rate when they set up automatic payments from a U.S. Bank account.

The Simple Loan is a small-dollar loan available only to existing U.S. Bank checking customers with a qualifying account history. It is designed as an alternative to payday loans and short-term high-cost products, offering a more affordable way to access a small amount quickly. The Simple Loan charges a flat fee rather than an ongoing interest rate, and repayment is spread over three months via automatic withdrawals from your U.S. Bank account. While the flat fee is lower than typical payday loan costs, it still represents a meaningful cost for a small loan amount.

U.S. Bank personal loan availability depends on your state of residence and your existing relationship with the bank. If you are not an existing U.S. Bank customer, a standard personal loan may still be available, but branch locations are concentrated in certain regions.

Compare U.S. Bank's personal loan terms against credit unions and other lenders before committing. U.S. Bank is FDIC-insured.