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Compare Truist Bank products: Savings, Checking, and CDs

Two banks have merged to offer you a range of products for personal and business use.

Updated

Truist Bank
Suntrust and BB&T merged to create Truist Bank. The bank offers a range of products for personal and business use. But it’s still predominantly located on the East Coast.

What banking products does Truist Bank offer?

Together, SunTrust and BB&T offer a large suite of checking and savings accounts for individuals and businesses:

Why should I open an account at Truist Bank?

Truist Bank offers traditional perks like online and mobile banking, FDIC-insured deposits and a debit card, as well as:

  • Minimal fees. Some of BB&T’s checking and savings accounts have minimal to no fees for those just starting out.
  • Varying minimum deposits. Choose from basic accounts with $0 minimum balances to premium accounts with $10,000.
  • Multiple locations. SunTrust and BB&T have thousands of locations scattered across the East Coast.
  • Variety. Choose from 27 different checking and savings accounts across SunTrust and BB&T.

What should I look out for?

If you’re considering an account with Truist Bank, watch out for these drawbacks:

  • Low APYs. Most interest-bearing accounts earn a low 0.1% APY.
  • Companies are still separate. Although BB&T and SunTrust have merged, you’ll still have to bank with each company separately.
  • Regional locations. SunTrust and BB&T are located in the East Coast, so it may not appeal to Midwest or West Coast residents.
  • Some accounts must be opened in person. You may need to visit a branch to open some accounts, making it more difficult to bank with Truist if you don’t live in the East Coast.

Compare Truist Bank to the competition

$
$
months
Name Product Interest rates (APY) Fee Minimum deposit to open Interest earned More info
American Express® Personal Savings High Yield Savings
1.00%
$0
$0
Go to site
View details
Enjoy no monthly fees and a competitive APY with this online-only savings account. Accounts offered by American Express National Bank, Member FDIC.
CIT Bank Savings Builder High Yield Savings Account

0.95% on balances of $25,000+ or set up a direct deposit of $100+ each month
0.79% on balances of $0 to $24,999
$0
$100
Go to site
View details
No account opening or maintenance fees. Daily compounding interest. Earn one of the nation's top rates
Discover Online Savings Account
1.01%
$0
$0
Go to site
View details
Take advantage of a high-interest online savings account with no fees, no minimums and more.
Aspiration Spend & Save Account

1.00% on balances of $0 to $10,000 but you’ll need to be enrolled in Aspiration Plus and make at least $1,000 in debit card purchases a month
$0
$10
Go to site
View details
A spend and save combo account with no monthly service fees, free access to every ATM in the world, unlimited cash back rewards and deposits insured by the FDIC. The Aspiration Spend & Save Account is a cash management account offering of Aspiration Financial, LLC, an SEC-registered broker-dealer. Aspiration is not a chartered bank.
UFB Direct High Yield Savings
0.40%
$0
$100
Go to site
View details
Earn an APY when your balance is higher than $10,000 with this no-monthly-fee savings account.
BBVA Money Market

0.19% on balances of $1,000,000+
0.10% on balances of $100,000 to $999,999
0.05% on balances of $0 to $99,999
$15 per month
(can be waived)
$25
Go to site
View details
Earn a promotional APY for your first 3 months and access your money by ATM, check or bill pay.
Radius Bank High-Yield Savings

0.25% on balances of $25,000+
0.15% on balances of $2,500 to $24,999.99
0.05% on balances of $10 to $2,499.99
$0
$100
Go to site
View details
A free high-interest savings account with a $100 minimum deposit to open
UFB Direct Premium Money Market Account

0.40% on balances of $25,000+
0.10% on balances of $0 to $24,999.99
$10 per month
(can be waived)
$5,000
Go to site
View details
Enjoy the security and earning potential of a savings account while maintaining the flexibility to write checks.
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Compare up to 4 providers

Truist Bank customer service

You’ll need to contact either BB&T or SunTrust depending on which institution you opened an account with:

BB&T customer service

To speak with a representative from BB&T:

  • Call 800-226-5228 daily from 6 a.m. to midnight ET.
  • Visit a local branch in person.
  • Send a secure message through the online banking portal.
  • Tweet @BBT.

SunTrust customer service

To speak with a representative from SunTrust:

  • Call 800-786-8787.
  • Visit a local branch near you.
  • Send a secure message through the online banking portal.
  • Send a letter via US Mail to:
      SunTrust Bank
      PO Box 85024
      Richmond, VA 23285-5024

Bottom line

If you’re looking for a large bank with a wide variety of products, Truist Bank may be a good fit. But if you want an account with higher interest rates, shop around for higher yields.

Frequently asked questions

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