U.S. Bank Launches Payment Switch to Help Customers Move Recurring Bills with Ease, Powered by Atomic

U.S. Bank today 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.

The launch expands a partnership that began in 2023, when U.S. Bank launched automated direct deposit switching powered by Atomic.

U.S. Bank Payment Switch: Key Facts

• Payment Switch allows clients to seamlessly move recurring bills and subscriptions to a U.S. Bank debit or credit card with a few simple steps.
• Clients can switch the payment method directly from the U.S. Bank Mobile App – no need to visit every merchant site.
• Payment Switch is a component of the Easy Switch solution that helps customers move their banking relationship to U.S. Bank in a matter of minutes.

Spend less time switching and stay on top of recurring expenses

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

• Streamlined payment switching – Move eligible subscriptions and bills without visiting each merchant’s site.
• See recurring payments in one place – View all subscriptions and recurring bills in the Bills and Subscriptions dashboard, ensuring fewer charges are overlooked.
• Stay in control of ongoing spending – Review upcoming charges, spot changes and cancel eligible subscriptions from the U.S. Bank experience.

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.

A guided experience for moving to U.S. Bank

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. Easy Switch is a guided way to move to U.S. Bank without having to figure out any step alone.

“Moving your paycheck is the first step to making a bank your primary account, and moving your bills is what makes it stick. We’ve powered direct deposit switching for U.S. Bank since 2023, and expanding into payment switching completes the picture. We’re proud to help U.S. Bank give customers a guided, end-to-end way to move their banking relationship in minutes.”

— Jordan Wright, Co-founder and CEO, Atomic

Read the full press release on U.S. Bank News & Stories.