How do I transfer a balance with U.S. Bank?

If you are currently struggling to pay down high-interest debt, you may want to consider transferring a balance to a U.S. Bank credit card. Balance transferring can help you pay off debt faster and can save you a lot of money on interest charged. 

The best way to transfer a balance with U.S. Bank is to apply for the U.S. Bank Visa Platinum Card, which has a 0% balance transfer APR for the first 20 months with a 3% transfer fee ($5 minimum). After 20 months, the Platinum Card’s regular APR is 13.99%-23.99% (variable) and applies to any remaining balance. 

U.S. Bank accepts balance transfers from credit cards from other issuers, but you cannot transfer balances from other U.S. Bank accounts.

How to transfer a balance online

Transferring a balance with U.S. Bank online can be done in a few simple steps.

1. Log into your U.S. Bank Online Banking account
2. Select the desired credit card from the “My Accounts” page
3. Go to the “Take Action” menu on the left and select “Request a Balance Transfer”
4. Select your offer, making sure to put in the solicited information, including the payee, account number, transfer amount and payment address
5. Review the details of your balance transfer and hit submit

How to transfer a balance via phone

You can also request a U.S. Bank balance transfer by phone. It can be done with these simple steps:

1. Call U.S. Bank customer service at 800-285-8585
2. When asked, say “main menu,” then “representative”
3. Let them know you’re requesting a balance transfer and provide the representative with the necessary information, including the details of the account that currently holds your debt and how much you wish to transfer

It can take up to two weeks for your balance transfer to be complete, so as you wait, be sure to continue paying your creditors to avoid late fees.