If you are contemplating opening a new bank account or credit card, bank bonuses and promotions can provide you with some extra cash during the process. Numerous banks, such as Truist Bank, offer seasonal and continuous bonuses and deals for both personal and business customers. I have personally maintained Truist consumer bank accounts and have participated in several of the bonuses detailed below. Truist provides bonuses on both consumer and business products and is generous with the amounts as they aim to grow their deposit base following the merger of SunTrust and BB&T to establish Truist.
Current Truist Bank Bonuses
Below is the compilation of the current Truist promotions and bonuses available to you today:
Truist One Checking: $400 Bonus
Truist is presenting a $400 bonus for new account holders who establish a Truist One Checking personal checking account. To be eligible, the checking account must 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 provides a $400 bonus for account holders who open a Truist Simple Business Checking or Dynamic Business Checking account. The account requires a relatively modest deposit. The physical address of the business 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 offers perks comparable to major American Express and Chase cards without an annual fee. There’s an active promotion where you can earn 20,000 bonus miles, which is equal to $200 in cash redemption. Requirements include applying for and receiving the card, as well as making $1,500 in purchases within the first three months of account activation.
The current rewards structure includes:
– 2x miles per $1 spent on airfare, car rentals, and hotels.
– 1x miles per $1 spent on all other eligible purchases.
– A statement credit of up to $85 for TSA PreCheck® or Global Entry® fee is granted every four years.
Additionally, you’ll earn a 10%-50% Loyalty Travel Bonus based on your Truist deposit relationship upon redeeming rewards for travel through the rewards program. Points do not expire as long as the account stays open.
FAQs
What are bank bonuses?
Bank bonuses are cash rewards and other incentives offered by banks to customers for fulfilling specific criteria, usually involving depositing a particular amount of new funds into a new account and maintaining it for a certain duration. These incentives are designed to attract new customers or reward longstanding clients.
What should I be cautious of?
While the prospect of free money is tempting, it’s essential to examine the fine print associated with any sign-up bonus. Most bonuses necessitate several direct deposits within a designated timeframe, and funds typically must remain in the account for multiple months to qualify. Some promotions are exclusive to online applications, while others are limited to in-branch only. Be mindful of account fees, which are generally monthly, but may be waived under certain circumstances. The applicable APR rate is another factor to consider, particularly after the introductory offers end. Each promotion has its own terms and conditions, so make sure you comprehend these before moving forward.
Is A Truist Bank Bonus Right For You?
Truist is an excellent option if you intend to establish a new account while optimizing your finances with bonus offer codes. New Truist customers can take advantage of these offers. Current Truist account holders should confirm eligibility with a customer service representative before applying for a new card or account to ensure qualification for bonuses. Explore various bank offers and eligibility criteria to discover the one that best aligns with your needs, taking into account service fees that may be waived under certain conditions. Numerous banks provide ongoing and seasonal promotions; remain aware of expiration dates as they frequently change.