Dynamic Business Checking: Maximize Your Perks

$20 Monthly maintenance fee(waived with $5,000 average relationship balance^{Disclosure 1})
500 Monthly transactions at no charge^{Disclosure 2}($0.50 per each additional transaction)
$25,000 Cash processing per month at no charge^{Disclosure 3}($0.0031 per $1.00 when over $25,000)

Why Truist Dynamic Business Checking?

Funding made easy

Get started with a $100 minimum opening deposit:

Transfer money from an existing Truist or non-Truist account.^{Disclosure 4}
Use a debit card.
Deposit a check with your mobile device.^{Disclosure 5}
Make a deposit at your local branch or ATM.

Benefits built around your business

$50 discount on your first order of checks.
No fee for the first four (4) incoming domestic wires.
Truist business debit card with option to personalize for you and your employees.

Perks that grow with your balance

The Truist business credit card loyalty bonus, merchant services discount credits, Truist Online Payroll fee discounts, small business lending rate discounts—qualify for these benefits and more as your combined deposit total across accounts grows.^{Disclosure 6}

Open now

Dynamic Business Checking reward levels

Your combined balance across all your Truist business accounts—checking, savings, money market, and CDs—determines your reward level. As your balance changes and business grows, you'll automatically move between each tier.^{Disclosure 6}

Core Rewards

If your business has
<$25K
in combined deposits^{Disclosure 6}

10%: Business credit card rewards loyalty bonus^{Disclosure *}

Plus Rewards

If your business has
$25K-$49,999
in combined deposits^{Disclosure 6}

25%: Business credit card rewards loyalty bonus (Truist Business Premium credit card capped at 10%)^{Disclosure *}
$5: Merchant Services monthly discount credit^{Disclosure 7}
0.25%: Small business lending interest rate discount^{Disclosure 8}
$5: Discount off the standard Online Payroll monthly maintenance fee^{Disclosure 9}
2: Non-Truist ATM Fee waivers for domestic ATMs

Preferred Rewards

If your business has
$50K +
in combined deposits^{Disclosure 6}

50%: Business credit card rewards loyalty bonus (Truist Business Premium credit card capped at 10%)^{Disclosure *}
$10: Merchant Services monthly discount credit^{Disclosure 7}
0.50%: Small business lending interest rate discount^{Disclosure 8}
$10: Discount off the standard Online Payroll monthly maintenance fee^{Disclosure 9}
Unlimited: Non-Truist ATM Fee waivers for domestic ATMs

^{Disclosure *}Truist business credit card clients can earn elevated rewards in the form of either a Loyalty Cash Bonus or Loyalty Travel Bonus based on their credit card product type, the method by which they redeem, and their deposit relationship(s) at Truist (including Dynamic Business Checking account holders). More information on this rewards bonus option can be found within the Rewards Program Terms and Conditions applicable to the client’s respective credit card; restrictions apply. Truist Business credit cards are subject to credit approval.

Ready to open your Truist Dynamic Business Checking account?

Tell us about you and your business.

Generally, you’ll need to provide information about yourself, your business, and any related documentation. See this checklist for information that may be needed.

Make your first deposit.

Truist Dynamic Business Checking has a $100 minimum opening deposit.

Get started here.

Open now

MOBILE BANKING

Fast. Simple. Secure.

Save time with our mobile banking app.

Scan this code with your phone’s camera to download Truist Mobile.

View our Privacy policies

Make plans. Pay Bills. Get Paid.

Enroll in online banking^{Disclosure 10}

Control access to your accounts with unique IDs and user permissions for anyone in your company.

Bill pay

Schedule payments, set reminders, and view your payment history.

Manage account alerts

Get notified about important account activities.^{Disclosure 11} From daily balances and overdrawn accounts to user ID changes—we’ve got you covered.

Zelle®

Send and receive money in minutes.^{Disclosure 12} Customers enrolled in Zelle® can simply scan your QR code—no manual entry of phone numbers or email addresses.

Resources and other ways we can help

Business Lifecycle Planning

With practical advice, full scale capabilities, and caring partnership, we’re continually focused on the long-term success of your business.

Learn more

Truist Business Money Market

Eligible clients^{Disclosure 13} can earn a 3.70% annual percentage yield (APY) with a new Truist Business Money Market account.^{Disclosure 14}

Learn more

Truist Business credit cards

We offer several choices, including cash back and travel rewards options, so you can select the card that fits your business.

Credit cards subject to credit approval.

Learn more

Truist Business loans and lines of credit

We're here with lending options to start making that next big thing real.^{Disclosure 15}

Learn more

Contact us

We’re here to hear—and help.

Let’s chat about how we can help you take care of business.

Make an appointment.

Schedule an in-person or virtual appointment.

Schedule an appointment

Call us.

Talk to a Small Business specialist at 833-866-5129.

Got questions?

We have answers.

What do I need to apply for a business checking account?

Generally, you’ll need to provide information about yourself, your business, and any related documentation. This includes:

Business information, including tax ID and NAICS information
Estimated annual revenue
State and date established
Personal and contact information, including your Social Security Number
2 years of address history
Employment and income information

See this checklist for other forms of information that may be needed. A $100 minimum opening deposit is required.

What is an NAICS code, and do I need it to apply?

The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. This code is determined by the industry type of your business. You’ll need this code to apply, but you can search for it by entering your industry description while you’re applying.

Do I need an EIN to open a business checking account at Truist?

Not always. If you're a sole proprietor, you can open a Truist business checking account using your Social Security number instead of an Employer Identification Number (EIN). However, if your business is a corporation, partnership, or LLC, an EIN is generally required.

How do I open a business checking account online?

Opening a Truist Dynamic Business Checking account online is easy and secure. Here’s how: 

Click “Open now” to start your application
Provide your business and personal information
Upload required documents and submit your application

Once approved, you can manage your account online or through the Truist mobile app - with no monthly maintenance fee.

How do I know if I need to add additional people to my business checking account?

If you plan to designate additional parties as beneficial owner, authorized signer or controlling party, you’ll need to add those persons to your application.

Get rewarded for your relationship.

Truist Business Cash Rewards Credit Card

Why Truist Dynamic Business Checking?

Dynamic Business Checking reward levels