That’s why we give you five ways to waive the $12 monthly maintenance fee.
Make $500 or more in total qualifying Direct Deposits per statement cycle.
Have a personal Truist credit card, mortgage or consumer loan, excluding LightStream.®
Have a linked small business checking account.
Students under age 25.
As our relationship grows, so do your perks. Five levels—with automatic upgrades.Disclosure 4
Consider a Truist Confidence Account.
Build your confidence and a solid financial foundation.
We give clients five different ways to waive the $12 Monthly Maintenance Fee for each statement cycle.
See the Personal Deposit Accounts Fee Schedule for further details.
The $100 Negative Balance Buffer is only available with Truist One Checking and allows eligible clients to overdraw their account up to $100. All eligibility requirements below must be met to initially qualify for the $100 Negative Balance Buffer:
To remain qualified for the $100 Negative Balance Buffer, the requirement below must be met:
For accounts that qualify for the $100 Negative Balance Buffer and also have Overdraft Protection, Truist will use the $100 Negative Balance Buffer first. If the account has neither, transactions that exceed the account balance will typically be declined or returned.
Truist One Checking is a traditional checking account—but with great benefits that automatically adjust based on your balance. It also has a $100 Negative Balance Buffer2 for qualifying clients.
The Truist Confidence Account doesn’t have paper checks. And it helps you stay focused on your budget by only approving transactions if you have the funds in your account to cover them. While the rare overdraft can occur in some circumstances, charges that exceed the account balance will typically be declined.
Neither account has overdraft fees and both are great options for students since the monthly maintenance fees are waived for students under 25.
Absolutely. You can transfer money to and from your Truist One Checking account with online or mobile banking, and we’d be happy to help you in a branch.
Most transfers are free, but external transfers or wires do have a fee. See the Personal Deposit Accounts Fee Schedule for details.
Yes! Truist Bank is an FDIC member. This means your money is FDIC insured up to the amount allowable by law.
If you have a Truist One Checking account as well as one of the eligible Truist credit cards (see below), then you will receive a Loyalty Bonus based on your relationship status with Truist when you either redeem the credit card cash rewards into a Truist deposit account or redeem Enjoy Travel miles for travel.
The following credit cards are eligible to earn an enhanced Loyalty Bonus if you also have a Truist One Checking account:
If your card is not listed as “eligible” here, you will not earn an enhanced Loyalty Bonus, even if you have a Truist One Checking account. For your ease of reference, your credit card product type name is provided on your most recent credit card monthly statement. You can also find your credit card product type name in the online banking portal or mobile app by selecting the credit card tile, then “View Account Details.”
Truist Wealth and Truist PWM Rewards Card clients earn a 75% Loyalty Cash Bonus when you deposit cash rewards into any Truist deposit account. Truist Spectrum Cash Rewards clients are not eligible for the Truist One Loyalty Bonus but will continue to receive a 10% bonus when you deposit your rewards into any Truist deposit account.
If you have a Truist rewards credit card that is not eligible to earn an enhanced Loyalty Bonus, you will continue to earn rewards as outlined within your credit card’s existing Rewards Terms and Conditions. If you are interested in opening a new Truist Credit Card, go to Truist.com/credit-cards, select a rewards card, and apply. All credit cards are subject to credit approval.
$100 Negative Balance Buffer
Eligible clients who make qualifying recurring direct deposits can overdraw their account up to $100 without penalty.
Combined monthly average balance
This includes all eligible Truist consumer deposit balances in your checking accounts, savings, Certiﬁcates of Deposit, IRAs and/or all investments through Truist Investments Services, Inc. where you are the primary or secondary account owner. For each of your accounts used in the Portfolio, we use the monthly average ledger balance.
Combined monthly average balance
This includes all eligible Truist consumer deposit balances in your checking accounts, savings, Certiﬁcates of Deposit, IRAs and/or all investments through Truist Investments Services, Inc. where you are the primary or secondary account owner. For each of your accounts used in the Portfolio, we use the monthly average ledger balance. We then take the sum of all of these accounts to determine the combined Portfolio balance for the month. Each month, your level is based on the highest combined Portfolio value of the three previous months.
10%-50% credit card Loyalty Bonuses
Truist credit card clients can earn elevated rewards in the form of either a Loyalty Cash Bonus or Loyalty Travel Bonus. This is based on their credit card product type and method used to redeem. Your combined monthly average balance determines your bonus level. Not all Truist credit cards are eligible.
See important disclosures below.