![]() ![]() Level 2 ($10,000 to $24,999.99): Notable benefits include a 20% credit card rewards bonus, 50% check reorder discount, one out-of-network ATM fee reimbursement per month, and an additional Truist One checking account (which is useful if you want to set up a custodial or joint account for a minor).Other notable benefits include a 10% rewards bonus on a linked Truist credit card spending and a $25 discount on Truist’s annual safe deposit box fee. Level 1 (up to $9,999.99): This level comes with all the standard features of Truist One.Eligible accounts include checking, savings, CD, and investment accounts. Loyalty Levels & BenefitsĪs a Truist One account holder, you’re automatically assigned to one of five benefit levels based on the total combined value of all eligible Truist accounts. Moving forward, you must receive at least one direct deposit totaling $100 each month to remain qualified. To qualify, your account must be open for at least 35 days, be funded and have a positive balance at the time of approval, and receive at least one direct deposit totaling $100 per month for two consecutive months. Truist generally declines transactions that would result in an overdraft greater than $100. Truist One comes with complimentary overdraft protection, known as Negative Balance Buffer, for negative balances up to $100. Reorder fees depend on your loyalty level. You get a free 10-pack of paper checks when you open your Truist One account. However, this isn’t much of a benefit because Truist Savings yields basically nothing (.01% APY on all balances). Truist One comes with a complimentary Truist Savings account, which normally carries a $5 monthly maintenance fee. Withdrawal fees and other transaction fees may apply outside this network. Truist has a network of about 3,000 branded ATMs offering fee-free withdrawals. Have a linked small-business checking account with Truist.Have a personal Truist credit card, loan, or mortgage, excluding Lightstream personal loans.Maintain a balance of at least $500 in eligible linked Truist deposit and investment accounts as of the last business day of the statement period.Receive at least $500 in qualifying direct deposits into your account.There are five ways to waive it in any given statement cycle: Truist One has a $12 monthly maintenance fee. Once open, you don’t have to maintain a minimum balance, though one of the waiver options for the monthly maintenance fee involves keeping a $500 balance in eligible Truist accounts. However, its loyalty levels and associated benefits add some complexity. Truist One has a standard set of checking account features, from a low minimum opening deposit requirement to a monthly maintenance fee with multiple ways to waive. As long as your Truist One Checking account remains open, you pay no monthly fee on your linked Truist Savings account. No maintenance fee on your linked savings account.Even if you don’t have a sizable balance, you get free overdraft protection for negative balances up to $100. Free, limited overdraft protection for eligible account holders.Once your balance exceeds $10,000, the perks really add up here. Legitimately valuable benefits as your combined balance increases.You can waive this account’s monthly maintenance fee with a combined balance as low as $500 or a modest monthly direct deposit. Relatively easy maintenance fee waivers.Truist One Checking stands out for several reasons: Notable perks of higher benefit levels include substantial rewards bonuses on linked Truist credit cards, ATM fee waivers, and maintenance fee waivers on linked accounts. As your combined balance increases or decreases, Truist automatically moves you between benefit levels. Truist One’s perks vary based on how much you have in all eligible Truist checking, savings, investment, and other qualifying accounts. It has a $12 monthly maintenance fee that’s relatively easy to waive with a qualifying monthly direct deposit, minimum balance, or other linked Truist accounts. Truist One Checking is a consumer checking account from Truist, formerly known as SunTrust Bank. But Truist One is a bit more complicated than your average checking account, so don’t rush to open one until you understand all its ins and outs. Having just one choice with Truist certainly simplifies the decision. Though it’s one of the biggest banks in the United States, it offers just one main consumer checking account: Truist One Checking. Many offer more than one checking account option, sometimes several. Between online banks operating nationwide and brick-and-mortar banks and credit unions serving your home region, there are hundreds if not thousands of legitimate institutions to choose from. Choosing a checking account can be an overwhelming process. ![]()
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