Simple Business Checking: No Monthly Maintenance Fee

$0 Monthly maintenance fee
50 Monthly transactions at no charge^{Disclosure 1}
($0.50 per each additional transaction)
$2,000 Cash processing per month at no charge^{Disclosure 2}
($0.0031 per $1.00 when over $2000)

Why Truist Simple Business Checking?

Funding made easy

Get started with a $100 minimum opening deposit:

Transfer money from an existing Truist or non-Truist account.^{Disclosure 3}
Use a debit card.
Deposit a check with your mobile device.^{Disclosure 4}
Make a deposit at your local branch or ATM.

Personalize your debit card

Show off your business name or logo when you pay. Get a Truist Business Debit Card that’s uniquely yours.

Discounted checks

$25 discount on your first order of checks.

Open now

Ready to open your Truist Simple 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 to read the Business Deposits Checklist. for information that may be needed.

Make your first deposit.

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

Get started here.

Open now

Transcript

No Fee, No Minimum Deposit Business Checking

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Welcome to Truist Simple Business Checking, an ideal account for small businesses and startups that have low balances and low monthly transactions with up to 50 monthly transactions and $2,000 monthly cash processing at no charge.

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Disclosure:

No charge for the first 50 total combined transactions per monthly statement cycle. Transactions include deposits and deposited items, checks, ATM transactions, point-of-sale purchases, and ACH debits. Wire transfer services and commercial and treasury management services may also be included. There are fees for exceeding stated limits. See Truist's Business Deposit Account Fee Schedule for additional details.

No charge for the first $2,000 of cash deposits per monthly statement cycle. There are fees for exceeding stated cash processing limits. See Truist's Business Deposit Account Fee Schedule for additional details.

All at no monthly maintenance fee. And that's just the start.

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With a few easy steps you can enjoy simple, straightforward checking with basic tools and features your business needs to thrive.

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Enroll in online banking and download the app to start managing your money virtually anytime from pretty much anywhere.

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You can link other bank accounts, make deposits, send payments and more.

Add debit cards for you and your employees to take advantage of deals on the things you buy every day.

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Simply sign in to online banking to select the deals you want. You can even personalize your debit card with your company logo.

Need checks? Save $25 on your first order.

(Visual Description: Transfer from and existing account

Use a debit or prepaid card

Deposit a check)

Start enjoying all these benefits when you fund your account.

And remember with us, you have a partner for every step of your journey. Whatever your needs, we've got the expertise, advice, and solutions to help.

That's a partnership you can depend on.

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Disclosure:

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 5}

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 6} From daily balances and overdrawn accounts to user ID changes—we’ve got you covered.

Zelle®

Send and receive money in minutes.^{Disclosure 7} 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 8} can earn a 3.70% annual percentage yield (APY) with a new Truist Business Money Market account.^{Disclosure 9}

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 10}

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 Simple 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 Simple Business Checking?