U.S. Bank announced the launch of Payment Switch, giving customers a faster way to move recurring payments – such as streaming services, cell phones and utility bills – to a U.S. Bank debit or credit card. With just a few taps in the award-winning U.S. Bank Mobile App, customers can now switch the payment method for recurring bills on the Bills & Subscriptions dashboard – all without visiting every merchant site or third-party service.

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Payment Switch and the Bills & Subscription dashboard address three common frustrations:

Payment Switch is available to new and existing customers through the Mobile App. With a few simple steps, customers immediately benefit from robust U.S. Bank subscription management features.

The Bills & Subscriptions dashboard shows upcoming charges, identifies spend patterns and provides insight if a recurring payment changes from prior months – helping customers catch increases, avoid surprises and decide what subscriptions they want to keep. By simplifying how customers see and manage their recurring payments, U.S. Bank makes it easier to stay in control of their finances.

Payment Switch was developed with fintech provider Atomic, which also powers U.S. Bank’s automated direct deposit setup. This new payment switch capability is the third component of U.S. Bank Easy Switch, a solution that helps customers move their banking relationship to U.S. Bank in a matter of minutes.

Customers can quickly and easily open an account, redirect their direct deposit and move recurring payments, reducing the chance of a missed payment during the transition.

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