If you are thinking about establishing a new bank account or acquiring a new credit card, bank bonuses and promotions can provide you with some complimentary funds as an incentive. Numerous banks, such as Truist Bank, offer seasonal and ongoing bonuses and deals for both personal and business customers. I have previously maintained Truist consumer bank accounts and have fulfilled some of the bonuses mentioned below. Truist is quite generous with its bonus amounts for both consumer and business products as it aims to increase its deposit base after the merger of SunTrust and BB&T to create Truist.
**Current Truist Bank Bonuses**
Here are the existing Truist promotions and bonuses you can benefit from today:
**Truist One Checking: $400 Bonus**
Truist is granting a $400 bonus for new accountholders who establish a Truist One Checking personal checking account. This offer is straightforward to take advantage of. The qualifying account must be set up online with 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 offers a $400 bonus for accountholders who launch a Truist Simple Business Checking or Dynamic Business Checking account. While many business checking accounts require a significant cash deposit to qualify for the bonus, Truist only demands 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 competitive with leading cards from American Express and Chase in terms of benefits and earning capabilities, yet it carries no annual fee. You can accumulate up to 20,000 bonus miles through a current promotion. These points possess a cash redemption value of $200.
**Requirements:**
1. Apply for and receive the Truist Enjoy Travel credit card.
2. Make $1,500 in purchases within the initial three months of account opening.
Here’s the existing rewards earning structure:
– Earn 2x miles per $1 spent on airfare, car rentals, and hotels.
– Earn 1x miles per $1 spent on all other eligible purchases.
– Obtain a statement credit up to $85 for TSA PreCheck® or Global Entry® fee every four years.
– Gain a 10% – 50% Loyalty Travel Bonus based on your Truist deposit relationship when redeeming rewards for travel through the rewards program.
– Points do not expire as long as the account is active.
**FAQs**
**What are bank bonuses?**
Bank bonuses are cash incentives and other benefits provided by the bank to customers for fulfilling certain criteria, often involving depositing a specified amount of new money into a new account and keeping it there for a period. Banks leverage these bonuses to attract new customers or reward loyal clients. Participating in these offers can yield additional cash rewards.
**What should I be cautious about?**
While complimentary funds are enticing, it’s crucial to meticulously review the terms associated with any sign-up bonus you contemplate. Most promotions necessitate several direct deposits into the account within a specified period, usually from an employer or external agency. Funds typically need to stay in the account for several months before the bonus is awarded. Some offers are available online, while others are solely in-branch. Be aware that some accounts may carry a monthly fee, often waivable by meeting specific criteria. Always consider the applicable APR once any introductory offers have expired. Each promotion has its own terms and conditions, so make sure you comprehend the limitations and obligations before participating. All necessary details should be accessible on the promotion page of the bank’s website. If not, inquire with a bank representative for a copy.
Investigating Truist’s bonuses can be beneficial for new account holders, providing an opportunity to make your funds go further with bonus codes. These bonuses are exclusively available to new Truist customers. If you already hold a Truist consumer account, verify your eligibility with customer service before applying for a new card or account to secure your bonus. Prior to opening a new bank account to obtain a bonus, shop around to grasp the bonus prerequisites and eligibility criteria, aiding you in finding the most fitting offers. Certain accounts accompany a monthly service fee that can be waived by fulfilling particular requirements. Many other banks also present ongoing and seasonal promotions with expiration dates, so keep these in mind when choosing offers.