If you are contemplating the idea of opening a new bank account or acquiring a new credit card, bank bonuses and promotions can provide some complimentary cash along the way.
Numerous banks, including Truist Bank, present seasonal and ongoing bonuses and promotions for both personal and business clients.
I have previously maintained Truist consumer bank accounts and have successfully completed some of the bonuses listed below.
Truist provides bonuses on both consumer and business offerings and is quite generous with the amounts as they seek to increase their deposit base after merging SunTrust and BB&T to create Truist.
Current Truist Bank Bonuses
Below are the current Truist promotions and bonuses available as of today:
Truist One Checking: $400 Bonus
Truist presents a $400 bonus for new accountholders who establish a Truist One Checking personal checking account. This offer is simple to take advantage of but will expire on April 30, 2025. The qualifying checking account must be opened online and must have a mailing address in: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, or DC.
Truist Small Business Checking: $400 Bonus
Truist provides a $400 bonus for accountholders who initiate a Truist Simple Business Checking or Dynamic Business Checking account. Unlike numerous business checking accounts that necessitate a large deposit for the bonus, Truist requires only a relatively modest deposit. The business’s physical address must be in: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, or DC.
Truist Enjoy Travel Credit Card: 20,000 Bonus Miles
The Truist Enjoy Travel credit card is a competitive option that matches some top cards from American Express and Chase in terms of benefits and earning potential, and it features no annual fee. You can accumulate rewards more quickly than with other cards, and there is a current promotion to earn up to 20,000 bonus miles, valued at $200 in cash redemption.
Requirements:
1. Apply for and secure the Truist Enjoy Travel credit card.
2. Spend $1,500 in purchases during the first three months of account opening.
Here’s a look at the rewards framework:
– Earn 2x miles for every $1 spent on airfare, car rentals, and hotels.
– Earn 1x miles for every $1 on all other eligible purchases.
– A statement credit of up to $85 for TSA PreCheck® or Global Entry® fees is granted once every four years.
– You earn a 10% – 50% Loyalty Travel Bonus based on your Truist deposit relationship when redeeming rewards for travel.
– Points do not expire as long as the account remains active.
FAQs
What are bank bonuses?
Bank bonuses are cash rewards and other benefits that banks provide to customers who fulfill specific criteria, such as depositing a certain amount of new funds into a new account for a designated time. These bonuses can attract new customers or reward loyal clients, offering extra cash as a welcome incentive.
What should I be mindful of?
While complimentary cash is enticing, it’s vital to pay attention to the fine print accompanying any sign-up bonus that interests you. Most promotions demand several direct deposits within a defined timeframe, and the funds often need to remain in the account for several months before the bonus is granted. Some offers are available online, while others are strictly in-branch. Be cautious of any fees associated with the account and the applicable APR rate once introductory offers conclude. Each promotion possesses unique terms and conditions, so it is essential to understand them prior to participation.
Is a Truist Bank Bonus Right for You?
Truist is an excellent option if you are aiming to open a new account while optimizing bonus offers. However, these bonuses are mostly intended for new Truist customers. Existing customers should check eligibility with customer service before applying for new products to ensure they receive the bonus. It is prudent to explore and comprehend bonus requirements to choose the best offers for your needs. Many accounts incur a monthly service fee, which can typically be waived by fulfilling specific criteria. Several banks present ongoing and seasonal promotions, and these offers frequently change with expiration dates.