Offer Details
Written by: RJ
Requirements
- Open a new automated investor account
- Deposit $1k within 30 days of opening
- Maintain balance for 120 days
- Bonus posts 5-7 months after opening
Eligibility
- Nationwide
- Automated Investor is currently only available to existing clients of U.S. Bancorp Investments
- I read this as be an existing US Bank customer with a card or checking account for example
- Can’t have received automated investor bonuses in the past 24 months
Fees
- Annual advisory fee of 0.24% on invested assets is billed quarterly
- ETF fees may also apply
Account Closure
- No rule listed
Chex
- N/A
Valid through: 4/15/24
Thoughts
Seems easy enough. I’m assuming the funds must be invested. US Bank looks as if they invest in ETFs, so there may be additional fees charged based on the assets the computer chooses.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.