Grow your cash reserves.

Eligible clientsDisclosure 1 can earn a 3.40% annual percentage yield (APY)Disclosure 2 with a new Truist Business Money Market account.Disclosure 1

How to get started:

Open a new Truist Business Money Market account.Disclosure 1

Step 2

Make a minimum deposit of $100.Disclosure 3

thumbs up, step 3
Earn 3.40% APYDisclosure 2

on eligible accounts with balances $0.01 and greater.

Truist Business Money Market Account

Smart money move: Save more—and stay ahead of surprises—with a new Truist Business Money Market account.

Waive the $10 monthly maintenance fee by keeping a $5,000 minimum daily balance.Disclosure 3

Make six no-fee transfers or withdrawals per month.Disclosure 4

Deposit up to 10 items per month with no fee.Disclosure 5

Easy access to your funds and check-writing capabilities.Disclosure 4

Frequently asked questions

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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

To qualify for the 3.40% APY offer, clients must open a new Truist Business Money Market account at a branch, by phone, or online.Disclosure 1

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. 

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.

Ready to earn 3.40% APY?Disclosure 2

Open a Truist Business Money Market account with a minimum deposit of $100.Disclosure 3

For questions or help opening your account, call our Small Business Direct line at 844-279-8256.