Bank from home with these digital features (2024)

Designed with security and convenience in mind, these advanced digital features make it easy to stay on top of finances from the comfort of your couch.

There are now more ways than ever to do things from your home (or on the go) including banking. Digital platforms likethe U.S. Bank Mobile App with Smart Assistant® allow customers to safely manage day-to-day banking without requiring a visit to a branch. Let’s take a look at a few ways to monitor your money from your home using secure and convenient technology.

Bank by voice

The U.S. Bank Smart Assistant®allows you to ask banking-related questions and speak requests using voice technology within the U.S. Bank Mobile App. Instead of navigating a series of menus, checking boxes and flipping through a digital interface, the Smart Assistant is readily accessible and similar to an in-person assistant. With a simple text or voice cue, it can help with everything from Zelle®transfers to checking when your bills are due. You can also ask for data about spending habits and move money quickly, with a quick command like “transfer money from checking to savings.” Instead of making a trip to see your teller, you have the option to communicate with the Smart Assistant without leaving the house.

Use a safe and secure platform

When using or entering financial information online, it’s critically important to take all security measures available to protect your data. The U.S. BankMobile App has an Online Risk-Free Guarantee that protects users from unauthorized activity or potential losses if used correctly. To make the log-in process quick, easy and safe, iPhone and iPad users can use TouchID or FaceID, and Android users can use fingerprint authentication.

Debit and credit card controls can help you stay on top of all card activity and monitor for something unusual. You’ll have access to notifications and reminders – including travel notifications – which you can customize to fit your needs and preferences. In the event that you do happen to misplace your card, you can temporarily “lock” it in the app for safekeeping and “unlock” it if you find it. From the app, you can also conveniently report multiple cards lost or stolen at the same time and arrange for new ones to be sent to you.

If you’d prefer to bank from your desktop or tablet, online banking is another safe and secure option. The Online Risk-Free Guarantee still applies. Plus, new encryption and firewall technology means your personal information is protected.

Take advantage of digital bills and statements

With the bill pay feature, you can forget the hassle of visiting multiple websites to pay your bills each month. To set it up, simply enroll in bill pay, add each biller and schedule a recurring payment. Once complete, you don’t have to worry about tracking multiple bills and you can rest assured that all your bills are paid on time. Bonus tip: setting up the bill pay feature reduces all that extra paper.

You can review e-statements and transaction history online or directly in the app.With Money Tracker you can view your spending across all of your accounts, including external accounts with other financial institutions.

If you’re interested in making the switch from paper filing to digital organization, you can view your statements and set up access to electronic tax documents, performance reports and trade confirmations. This digital method allows you to view documents up to three days earlier than by mail, reducing the likelihood of mail fraud and identity theft.

Worried about how you’ll hold onto your records? Most systems let you trace several years of printable statements.

Open cards, deposit checks and make digital transfers from home

Mobile apps also help you limit your visits to your local branch or ATM with its virtual check deposit feature. You can safely deposit your check, 24 hours a day, 7 days a week. Often, the amount is transferred into your account immediately.

To use this feature, within the app take a photo of the front and the back of the signed check, and then deposit them to your account. You’ll see the amount added to your balance within one business day.

The app also helps you send money easily and securely. Send funds to anyone with a bank account in the United States in just a few minutes via Zelle®, a person-to-person money transfer service. All you need to do is enter their email address or mobile phone number and hit “send.” This offers a quick, easy way to split a restaurant bill with friends, send the gift of money for a birthday, or pay your pet sitter or babysitter without the need for cash or checks. You can even request payments from others. Zelle® services are completely free when doing personal banking with U.S. Bank.

Digital features made for real life

Sometimes banking requires a visit to your local branch.You canfind a locationand book an appointment from the U.S. Bank website or right from the app. Virtual appointments are also now available.Made for busy schedules and remote banking, the U.S. Bank online platform and app have everything you need in one place, accessible at your fingertips.

To send money in minutes with Zelle in the U.S. BankMobile App or online experience, you must have an eligible U.S. Bank account and have a mobile number registered in your online and mobile banking profile for at least three calendar days. Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle. Users must have a bank account in the U.S. to use Zelle. Terms and conditions apply.

Requests for money with Zelle (including Split requests) sent to a U.S. mobile number require that the mobile number first be enrolled with Zelle

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Deposits made using mobile check deposit are subject to the Digital Services Agreement and may not be available for immediate withdrawal. In some cases it may take more than on business day for funds to be available.

As an expert in digital banking and financial technology, I have a deep understanding of the advanced digital features that have been designed with security and convenience in mind. My expertise stems from years of experience in the financial technology industry, staying updated on the latest developments, and hands-on use of various digital banking platforms.

Let's break down the concepts used in the article and delve into the key points:

  1. Bank by Voice with Smart Assistant®:

    • The U.S. Bank Mobile App features the Smart Assistant®, which allows users to interact with their banking services using voice commands.
    • Users can perform various tasks such as Zelle® transfers, checking bill due dates, obtaining spending habit data, and transferring money between accounts using simple voice cues.
  2. Safe and Secure Platform:

    • The article emphasizes the importance of security when using digital banking platforms.
    • The U.S. Bank Mobile App provides an Online Risk-Free Guarantee to protect users from unauthorized activity or potential losses.
    • Biometric authentication methods like TouchID, FaceID (for iPhone and iPad users), and fingerprint authentication (for Android users) enhance the login process's security.
  3. Debit and Credit Card Controls:

    • The app allows users to set controls on their debit and credit cards, enabling them to monitor card activity closely.
    • Users receive notifications and reminders, including travel notifications, which can be customized based on individual preferences.
    • In case a card is misplaced, it can be temporarily locked through the app for safety.
  4. Online Banking with Encryption:

    • Online banking is highlighted as a secure option for those who prefer managing finances from their desktop or tablet.
    • The Online Risk-Free Guarantee extends to online banking, ensuring the protection of personal information through encryption and firewall technology.
  5. Digital Bills and Statements:

    • The bill pay feature allows users to pay bills conveniently without visiting multiple websites, reducing paper usage.
    • E-statements and transaction history can be reviewed online or within the app.
    • Money Tracker provides insights into spending across all accounts, even external ones with different financial institutions.
  6. Open Cards, Deposit Checks, and Digital Transfers:

    • The mobile app facilitates virtual check deposits, allowing users to deposit checks safely and conveniently.
    • Checks can be deposited by taking photos of the front and back within the app, with the amount reflected in the account within one business day.
    • Digital transfers, including person-to-person money transfers via Zelle®, are available for various purposes, such as splitting bills or sending gifts.
  7. Virtual Appointments and In-Person Banking:

    • Users can find local branches and book appointments through the U.S. Bank website or app.
    • Virtual appointments are now available, providing flexibility for users with busy schedules.
  8. Zelle™ Services:

    • Zelle™ enables users to send money quickly and securely to anyone with a U.S. bank account.
    • The service is free for personal banking with U.S. Bank, and users can request payments from others.

In summary, the U.S. Bank Mobile App with Smart Assistant® offers a comprehensive set of features that prioritize security and convenience, allowing users to manage their finances seamlessly from the comfort of their homes.

Bank from home with these digital features (2024)


What is digital banking and its features? ›

Digital Banking allows you to conduct transactions on devices like computers, laptops, tablets, and mobile phones. You can open a digital bank account without visiting the bank branch. You can also make utility bill payments and set up billers. With Digital Banking, you can access your bank account 24x7.

How are digital banks different from normal banks? ›

Because online banks are completely digital, they tend to have lower overhead costs and focus more on building user-friendly, feature-rich mobile apps and websites. This allows them to offer the following perks: No or low fees. Most online banks don't charge monthly maintenance fees.

What makes a good digital bank? ›

These include the ability to: Some digital banks also provide better exchange rates than the more traditional bank accounts, and offer fee-free spending and withdrawals overseas, meaning they can be better to use when you're travelling abroad. Plus, mobile banking apps make it easier to manage contactless payments.

Is digital banking good or bad? ›

The lack of overhead gives internet banks advantages over traditional banks, including fewer or lower fees and accounts with higher APYs. Internet banks lack personal relationships, no proprietary ATMs, and more limited services.

What is an example of digital banking? ›

What are the examples of digital banking? Revolut, Fidor, Simple, N26, and Monzo are some of the better-known digital banking systems out there today using which customers can open an account in minutes on their phone, whenever and wherever they want. However, digital banking is not limited only to online banks.

What is the difference between mobile banking and digital banking? ›

The biggest difference between the two is their functionality. Internet Banking allows you to conduct online transactions through your PC or laptop and an internet connection. On the other hand, mobile banking can be done with or without internet. Many banks nowadays have their mobile apps for mobile banking.

Why are people switching to digital banks? ›

Not only do digital banks allow users to make account deposits and transfers remotely; but they also provide them with the opportunity to more easily apply for loans and access personalized money management services.

Should I switch to a digital bank? ›

While the upsides of using an online bank often include higher rates and fewer bank fees, a potential downside can be the lack of branches. If you're a person who prefers being able to do your banking in person at a branch, it's probably best to stick with a bank that can accommodate that.

Can you deposit cash with an online bank? ›

If your online bank is part of an ATM network, you can deposit cash into your online account via a linked cash machine. You can also consider getting a reloadable prepaid debit card that you can deposit cash onto and link it to your online bank account.

Is it safe to open digital bank account? ›

Digital Savings Account ensures a paperless, quick, and safe way to open an account. The only documents required for opening an account are your Aadhaar and Permanent Account Number (PAN) card.

What is the most successful digital bank? ›

Best Digital Banks
  • Nubank. Founded in 2013 with the mission of reinventing financial services, Nubank has become one of the world's largest banking platforms in the world – serving 90 million customers across Brazil, Mexico and Colombia. ...
  • Quontic. ...
  • Varo. ...
  • NBKC Bank. ...
  • Chime. ...
  • Revolut. ...
  • Discover Bank. ...
  • Starling Bank.

Is my money safe in a digital bank? ›

If they're FDIC-insured, online banks are as safe as traditional brick-and-mortar banks in many ways. You can also take steps as a consumer to ensure your account is as protected as possible when banking online, whether you bank with a brick-and-mortar or an online bank, also called a direct or digital bank.

Which bank has best digital banking? ›

Forbes Advisor Ratings
Policy NameForbes Advisor India RatingMinimum Balance
IDFC FIRST Bank Future FIRST Savings Account4.5INR 25,000 and INR 10,000 each.
Selfe Digital Savings Account4.5Zero
Yes Bank Savings Account PRO3.5INR 10,000
Axis Bank Easy Access Digital Savings Account3.0INR 25,000
1 more row

What are two reasons to not use online banking? ›

  • Customer service lacks personal touch.
  • Not an option for those lacking access to the internet.
  • ATM options may be limited.
  • Greater due diligence required to vet the bank.
Dec 31, 2021

What is digital banking in simple words? ›

The Digital Banking definition is banking done through the digital platform, doing away with all the paperwork like cheques, pay-in slips, Demand Drafts, and so on. It means availability of all banking activities online.

What are the advantages and disadvantages of digital banking? ›

9 Advantages and Disadvantages of Digital Banking
  • #1: Access to Money and Account Information. ...
  • #2: Equity. ...
  • #3: Paperless Banking. ...
  • #4: 24/7 Customer Assistance. ...
  • #5: Speedy Transactions. ...
  • #1: Security. ...
  • #2: Downtime. ...
  • #3: Learning Curve.
Jun 28, 2023

What are the main features of internet banking? ›

Features of Online Banking
  • Check the account statement online.
  • Open a fixed deposit account.
  • Pay utility bills such as water bill and electricity bill.
  • Make merchant payments.
  • Transfer funds.
  • Order for a cheque book.
  • Buy general insurance.
  • Recharge prepaid mobile/DTH.
May 25, 2023

What are the features and benefits of online banking? ›

Check out our top 6 benefits:
  • Access your account 24/7. One of the biggest advantages of online banking is that you can access your account 24/7, wherever you are. ...
  • Bank on your phone or tablet. ...
  • It's quick and easy. ...
  • Keep on top of your finances. ...
  • Pay bills and make payments. ...
  • Transfer money between accounts.


Top Articles
Latest Posts
Article information

Author: Reed Wilderman

Last Updated:

Views: 5823

Rating: 4.1 / 5 (52 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Reed Wilderman

Birthday: 1992-06-14

Address: 998 Estell Village, Lake Oscarberg, SD 48713-6877

Phone: +21813267449721

Job: Technology Engineer

Hobby: Swimming, Do it yourself, Beekeeping, Lapidary, Cosplaying, Hiking, Graffiti

Introduction: My name is Reed Wilderman, I am a faithful, bright, lucky, adventurous, lively, rich, vast person who loves writing and wants to share my knowledge and understanding with you.