If you are thinking about establishing a new bank account or acquiring a new credit card, bank promotions and bonuses can deliver some complimentary funds along the way.
Financial institutions like Truist Bank present seasonal and ongoing incentives and bonuses for both individual and business clients.
Having previously held consumer bank accounts with Truist, I have engaged in some of the bonuses outlined below.
Truist provides bonuses on their consumer and business offerings, delivering substantial sums since the unification of SunTrust and BB&T into Truist, with a goal of broadening their deposit base.
Current Truist Bank Promotions
Here are the active Truist promotions and bonuses available today:
Truist One Checking: $400 Bonus
Truist offers a $400 bonus for new accounts created with a Truist One Checking personal checking account.
This deal is easily attainable.
The qualifying checking account needs to be opened 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 grants a $400 bonus for individuals who establish a Truist Simple Business Checking or Dynamic Business Checking account.
While many business checking accounts necessitate a considerable cash deposit to qualify for the bonus, Truist only requires 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 competes with leading cards, providing benefits and earning opportunities with NO ANNUAL FEE.
You can accumulate rewards quicker than with other cards, with a current promotion that includes up to 20,000 bonus miles.
These points carry a cash redemption value of $200.
Requirements:
1. Apply for and obtain the Truist Enjoy Travel credit card.
2. Spend $1,500 within the first three months of account opening.
Current rewards structure:
– Earn 2x miles per $1 spent on airfare, car rentals, and hotels.
– Earn 1x miles per $1 spent on all other qualifying purchases.
– Receive a statement credit up to $85 for TSA PreCheck® or Global Entry® fee every four years.
Receive a 10% – 50% Loyalty Travel Bonus based on your Truist deposit relationship when redeeming rewards for travel. Points do not expire while the account remains open.
FAQs
What are bank bonuses?
Bank bonuses are cash rewards and additional benefits offered to customers for fulfilling specific criteria, generally involving depositing a certain amount of new funds into a new account for a designated period. Banks utilize these incentives to attract new clients and reward existing ones.
What should I be cautious of?
While free funds are appealing, it is essential to review the terms of any sign-up bonus. Most promotions necessitate direct deposits within a particular timeframe, with funds preserved in the account for several months. Some offers are available online, while others need to be accessed in-branch. Be mindful of potential monthly fees and the APR rates after the introductory period. Grasping the terms and conditions of each offer is vital to avoid surprises.
Is a Truist Bank Bonus Right for You?
Truist presents an excellent option for opening a new account while taking advantage of bonus promotions. Bonuses are usually intended for new Truist clients. If you are an existing account holder, consult customer service regarding eligibility for bonuses associated with new accounts or cards.
Before establishing a bank account for a bonus, compare deals from different card issuers. Review the requirements and eligibility criteria to identify the best options. Take the time to comprehend the conditions to avert disappointment. Monthly service fees may apply but can frequently be waived through certain actions. The expiration dates of promotions often shift; keep this in mind when evaluating offers.