How to Stop Getting Paper Bank Statements and Go Digital

Going digital can be a game-changer for your bank statements.

You can stop getting paper bank statements by contacting your bank and asking them to switch you to electronic statements. This is a simple process that can be done online, by phone, or in-person.

Most banks offer e-statements as a standard feature, so you can expect a seamless transition. In fact, some banks have already begun to phase out paper statements altogether.

By going digital, you'll not only reduce paper clutter but also help the environment.

Curious to learn more? Check out: Paper Cut

Going paperless is a game-changer. Less paper means less clutter and a more organized life.

You'll have faster access to your financial documents, delivered securely to your account. This is especially convenient if you're always on-the-go.

Greater security is another benefit of going paperless. Electronic financial documents are harder to lose or misplace, and they're also protected from unauthorized access.

By switching to electronic bank statements, you'll be reducing your environmental impact.

If you want to stop receiving paper statements, you can change your paperless preferences in online banking or the U.S. Bank Mobile App. To do this, you'll need to have an email address on file.

You can access your paperless preferences in online banking by selecting Accounts at the top of the page, then choosing the type of document to view. From there, select Paperless Preferences under the Document options heading on the right side of your screen.

Alternatively, you can also change your preferences using the U.S. Bank Mobile App. Open the main menu, choose Statements & docs, then select Paperless preferences.

To go back to receiving paper statements, simply follow the same directions to uncheck your paperless preferences. It's a good idea to allow one full statement period for any changes to take effect.

You may be sent a paper document, even though you've signed up for paperless preferences. This usually happens because certain notices and communications are required to be mailed to you.

If this caught your attention, see: How Is Online Banking and Mobile Banking Different

Here's a step-by-step guide to changing your paperless preferences:

Note that you can update your preferences anytime you're signed into the U.S. Bank Mobile App by going back to your paperless settings.

After going paperless, you can expect to receive electronic versions of your bank statements. E-statements contain the same account information as paper statements, with a few exceptions.

You can access your e-statements online or through the U.S. Bank Mobile App. Paperless documents available include e-statements for all accounts, electronic tax documents, and performance reports for select accounts.

Some examples of paperless documents you can expect to receive include: Consolidated 1099 Forms1099 REMIC Forms (Real-estate)1042S Forms1099R Forms (Retirement)5498 Forms1099 AMBIR FormsB Notice Forms

If you change your mind and want to start receiving paper statements again, you can do so by changing your paperless preferences in online banking or the U.S. Bank Mobile App.

On a similar theme: Cleanroom Paper

Going paperless with your bank statements can be a great way to reduce clutter and stay organized, but it's natural to wonder if you'll still receive paper statements.

You'll automatically receive paper statements for certain accounts, such as checking, savings, and money market accounts, as well as consumer loan and home equity line of credit accounts.

However, if you choose e-statements for these accounts, you'll no longer receive paper statements or paper versions of most letters and notices.

For business loan and line of credit accounts, you'll automatically receive both paper statements and e-statements, so you won't have to worry about missing out on any important documents.

Consumer and small business credit card, charge card, credit line, personal line of credit, and investment equity line of credit accounts also come with both paper and e-statements, and going paperless won't affect your access to these documents.

Here's a breakdown of what to expect for different types of accounts:

If you do decide to go paperless, keep in mind that your canceled checks will no longer be mailed back to you. However, you can access images of canceled checks and deposit slips through U.S. Bank online or mobile banking.

Going paperless can be a game-changer, but sometimes you might need to switch back to paper statements. You can change your paperless preferences at any time.

To receive paper statements again, you can follow these steps. In online banking, go to My accounts, select My documents, and then select Paperless preferences. Select U.S. Mail for any documents you wish to receive in paper form and select Save.

Alternatively, you can use the U.S. Bank Mobile App. Select Statements & docs from the main menu and then select Paperless preferences. Uncheck the boxes marked E-statements and/or Paperless letters & notices for any documents you wish to receive in paper form and select Save.

It's worth noting that you can only switch back to paper statements if you previously opted out of paperless statements.

To change your paperless preferences, you'll need to have an email address on file. This is a requirement for both online banking and the U.S. Bank Mobile App.

You can change your paperless preferences using online banking by selecting Accounts, then choosing the type of document to view. From there, select Paperless Preferences under the Document options heading and determine which accounts you want to be paperless.

To go paperless using the U.S. Bank Mobile App, open the main menu, choose Statements & docs, then select Paperless preferences.

Not all accounts are eligible to go paperless, so be sure to review the list of eligible accounts before making any changes. You can find this list in the article section.

Here are some paperless document options available:

There is no charge to receive statements online. This means you can access your account information and statements without incurring any extra fees.

You can rest assured knowing that going digital won't cost you anything.

You can receive a range of paperless documents through online banking or the U.S. Bank Mobile App.

E-statements for all accounts are available, which contain the same account information as paper statements.

Electronic tax documents, performance reports, and trade confirmations are also available for select accounts.

Some specific tax documents that can be received electronically include Consolidated 1099 Forms, 1099 REMIC Forms, 1042S Forms, 1099R Forms, 5498 Forms, 1099 AMBIR Forms, and B Notice Forms.

These electronic documents can be accessed through online banking or the U.S. Bank Mobile App, and can be viewed at any time, making it easier to stay on top of your finances.