Why should I bank with Truist?
No overdraft fees. Truist has joined other banks that have eliminated or reduced overdraft fees. The Truist One Checking account doesn't penalize customers for overdrafts, and overdraft protection transfers from a linked Truist deposit account are free.
- No check cashing fees.
- No overdraft feesfootnoteDisclosure 2, footnoteDisclosure 4
- Access to mobile and online banking.
- Account alerts and credit monitoring to stay focused on your goals.
- Free financial education with Truist Money and Mindset.
Truist is a decent choice if you live in the Southeast and want to avoid overdraft fees. Many national banks charge you when you overdraw, but Truist has two checking accounts with no overdraft fees. But to earn the highest interest rates, you may want to consider the best online banks instead.
At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities.
Truist One Checking has a $50 minimum opening deposit.
The Monthly Maintenance Fee can be waived by: Maintain a minimum daily ledger balance 1 of $300 OR. Schedule a recurring preauthorized internal transfer of $25 or more per statement cycle into the Truist One Savings Account OR. Waived for a minor under the age of 18 2 OR.
Earn a $300 bonus when you open a new Truist One Checking account and receive at least two qualifying direct deposits totaling $1,000 or more within 90 days of account opening. This offer is only available to individuals who received direct communication from Truist.
Truist was the only North Carolina-based bank among the banks that S&P assessed and was one of only two of the 10 deemed stable.
Chase is the largest bank in the country, holding over $3.38 trillion in assets. Bank of America is the second-largest bank with over $2.45 trillion in assets. Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.
Additionally, DBRS Morningstar confirmed the ratings of its primary banking subsidiary, Truist Bank (the Bank). The trend for all ratings is Stable. The Intrinsic Assessment (IA) for the Bank is AA, while its Support Assessment remains SA1.
Can you use Zelle with Truist?
In the Truist app, select Transfer & Pay, choose Send Money with Zelle®, and select Send. Then, choose Scan QR code to pay with Zelle® at the top of the Select Recipient screen. Your phone's camera will open.
Truist Personal Credit Cards, Personal and Business Debit Cards and Money Account cards are eligible for Truist Deals. The Truist Deals Program is separate and independent from any Truist Consumer Credit Card Rewards Program in which you are enrolled related to your Truist Consumer Credit Card Account(s).
February 5, 2024 /3BL/ - Truist today announced that for the third consecutive year it was named among the JUST 100 by JUST Capital and CNBC as part of its 2024 Rankings of America's Most JUST Companies. This year, Truist ranked #14 overall out of 937 brands.
How to Avoid the Monthly Maintenance Fee (MMF) The MMF can be waived for the Truist Bright Checking Account for each statement cycle by: • Making $500 or more in total qualifying direct deposits1 per statement cycle OR • Maintaining an average ledger balance2 of $1,500 per statement cycle.
Maintain a minimum daily ledger balance of $300 2, or more OR. Schedule a preauthorized internal transfer of $25 or more per statement cycle OR.
| Bank | Daily ATM withdrawal limits |
|---|---|
| Regions Bank | $808 |
| SoFi | $1,000 |
| Truist | $500 to $2,500, depending on account type |
| Union Savings Bank | $510; higher limits may be available with bank approval |
The monthly maintenance fee can be waived by: Maintain a minimum daily ledger balance of $300 OR. Schedule a recurring preauthorized internal transfer of $25 or more per statement cycle into the Truist One Savings account OR.
Truist Bright Checking pricing information:
The monthly maintenance fee is $12. $3 per month paper statement fee. 1 Avoid this fee by switching to free online statements.
- Personal and contact information, including their Social Security number.
- 2 years of address history.
- Employment and income information.
| BANK | BONUS AMOUNT | MINIMUM OPENING DEPOSIT |
|---|---|---|
| BANK OF AMERICA | $200 | $25 |
| BMO | $250 | $25 |
| CHASE | $300 | $0 |
| CIBC | $200 | $50 |
How long does it take to get a Truist debit card?
Debit cards will be delivered 5 to 7 business days after image approval. If your image is not approved, you have 10 days from your original request to submit a new image for approval.
Choose any personal check design at no charge. Truist Wealth Money Market account is a savings option available to clients with $1,000,000 or more in qualifying personal investments with Truist. Truist Wealth Money Market offers checks at no charge.
Truist also bears a risk of loss from borrower defaults for multi-family commercial mortgage loans sold to FNMA. In addition to repurchase claims from GSEs, Truist could be subject to indemnification claims from non-GSE purchasers of the Company's mortgage loans.
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Truist is headquartered in CHARLOTTE and is the 2nd largest bank in the state of North Carolina. It is also the 7th largest bank in the nation. It was established in 1872 and as of December of 2023, it had grown to 48,463 employees at 2,006 locations. Truist has a B+ health rating.
