Truist Focus Checking is a non-interest bearing account.
Statements are provided monthly and may be combined with other deposit accounts.
Charged-Off Account fee
Account closed in overdraft, $30.
$36 per item, per occurrence.
Maximum Number of Overdraft Fees Per Day
Three total Overdraft Fees per day.
Overdraft Fee Threshold
For transactions under $5, Truist will waive Overdraft Fees.
This is an optional service you can add to your account that allows Truist, at its discretion, to authorize and pay transactions on ATM and everyday debit card purchases when there are insufficient funds in your account.
Opt out: Your account is automatically opted out of Overdraft Coverage at account opening. By opting out of Overdraft Coverage, Truist will automatically decline all future ATM and everyday debit card transactions that would overdraw your account. Since these transactions will be declined when you have insufficient funds, you will not be charged the Overdraft Fee for ATM or one-time debit card transactions.
Opt in: By opting in to Overdraft Coverage, Truist may pay ATM and everyday debit card transactions at the bank’s discretion when your account does not have sufficient funds to cover the transaction.
Your choice to opt in or opt out of Overdraft Coverage does not apply to checks, ACH and recurring debit card transactions. Truist may pay these transactions at our discretion and fees may apply.
This optional service helps you avoid overdraft fees and/or declined transactions by linking your Truist checking or money market account (the “protected” account) to another Truist deposit account, credit card5, or line of credit5, ,6, (the “protector” account). We will use available funds in your linked account (the “protector” account), to authorize or pay your transactions if there are insufficient funds in your checking or money market account. The amount transferred is the exact amount of the overdraft based on balance availability.
If your account has both Overdraft Protection and Overdraft Coverage, Truist will use Overdraft Protection first. If your account has neither, everyday debit card and ATM transactions that exceed the account balance will be declined.
Other Account-Related Fees
No fee for transactions (cash withdrawal, balance inquiries or transfers) at Truist ATMs7
Funds are generally available the next business day after the deposit is received.
Transactions are processed each business day (Monday through Friday except federal holidays) during nightly processing and the results are posted to your account.
Check deposits will be posted to your account and available for use after nightly processing unless a hold is placed.
See the Funds Availability Policy in the Bank Services Agreement for account details.
Truist will post items to your account based on your available balance. The available balance can be impacted by pending transactions. Examples of common pending transactions can be found in the Bank Services Agreement.
Once the available balance is determined, prior-day credits and debits will post before current-day credits and debits. Once prior-day credits and debits are determined, if any, transactions will post in order according to the groupings below:
Deposits and credits – All deposits and credits will be posted to the account first. This includes cash, checks deposits and incoming transfers (i.e., direct deposits and wires) received before the cutoff time at the location the deposit or transfer was made.
Bank-initiated transactions – These transactions include corrections and Deposited Item Returned Checks.
Client-initiated withdrawals and debits – Withdrawals/payments that have been previously authorized and cannot be returned unpaid. This category includes: debit card purchases, ATM withdrawals, account transfers and teller-cashed checks. If more than one of these transactions is received for payment from your account, the items are generally sorted and paid based on the date and time of the transaction. For a debit card transaction, if a merchant does not seek authorization from the bank at the time of the transaction, the date the transaction is received for payment from your account will be used.
Client-initiated withdrawals and debits such as ACH (automated payments) – Transactions such as bills that are paid by authorizing a third party to withdraw funds directly from your account. If there is more than one of these types of transactions, they will be sorted by the date and time that they are received. Multiple transactions that have the same time will be sorted and paid from lowest to highest serial number.
Client-initiated checks – Checks will be posted and sorted in sequential order.
Bank fees – Fees, such as the Monthly Maintenance Fee, will post to your account last. Please note that some fees will be posted to your account at the time they are incurred and others, like maintenance fees, will post last.