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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.

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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
American Express® High Yield Savings
0.60%
$0
$0
Enjoy no monthly fees and a competitive APY with this online-only savings account. Accounts offered by American Express National Bank, Member FDIC.
Axos Bank High Yield Savings
0.61%
$0
$250
No monthly maintenance fees. No minimum balance requirements. Interest compounded daily.
Aspiration Spend & Save Account

1.00% on $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 per month or $7 per month for Aspiration Plus ($5.75 per month if you pay annually)
$10
Deposits are fossil fuel-free and insured by the FDIC. Enjoy a spend and save combo account with unlimited cash back rewards and a $100 bonus when you spend $1,000 in your first 60 days.
CIT Bank Money Market
0.55%
$0
$100
A savings account with a higher-than-average rate and minimal fees.
SoFi Money
0.25%
$0
$0
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.
Chase Savings
0.01%
$5 per month
(can be waived)
$0
A simple savings account with low, waivable monthly fees and a $150 signup bonus when you meet deposit and balance requirements.
CIT Bank Savings Builder High Yield Savings Account

0.50% on $25,000+ or set up a direct deposit of $100+ each month
0.30% on $0 to $24,999
$0
$100
No account opening or maintenance fees. Daily compounding interest. Earn one of the nation's top rates
Discover Online Savings Account
0.60%
$0
$0
Take advantage of a high-interest online savings account with no fees, no minimums and more.
BBVA Money Market

0.21% on $1,000,000+ for 3 months (0.20% after)
0.13% on $10,000 to $999,999.99 for 3 months (0.10% after)
0.05% on $0 to $10,000
$15 per month
(can be waived)
$25
Earn a promotional APY for your first 3 months and access your money by ATM, check or bill pay.
Discover Money Market

0.50% on $100,000+
0.45% on $1 to $99,999
$0
$2,500
This money market account offers a competitive APY.
UFB Direct High Yield Savings
0.40%
$0
$100
Earn an APY when your balance is higher than $10,000 with this no-monthly-fee savings account.
Betterment Everyday Cash Reserve
0.40%
$0
$10
This savings account has no account and overdraft fees, plus it requires no minimum balance.
Synchrony High Yield Savings
0.65%
$0
$0
Earn one of the highest interest rates without the fees.
UFB Direct Premium Money Market Account

0.40% on $25,000+
0.10% on $0 to $24,999.99
$10 per month
(can be waived)
$5,000
Enjoy the security and earning potential of a savings account while maintaining the flexibility to write checks.
Radius Bank High-Yield Savings

0.25% on $25,000+
0.15% on $2,500 to $24,999.99
0.05% on $10 to $2,499.99
$0
$100
A free high-interest savings account with a $100 minimum deposit to open
Ponce Bank Savings
Ponce Bank Savings
0.50%
$0
$1
Ponce Bank Savings account, offered in partnership with Save Better, has a $1 opening deposit and earns 0.50% APY.
Continental Bank Savings
Continental Bank Savings
0.45%
$0
$1
Continental Bank Savings account, offered in partnership with Save Better, has a $1 opening deposit and earns 0.45% APY.
Central Bank of Kansas City Savings
Central Bank of Kansas City Savings
0.40%
$0
$1
The Central Bank of Kansas City Savings account, offered in partnership with Save Better, has a $1 opening deposit and earns 0.4% APY.
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Truist user reviews

3.2 / 5.0 (1 reviews)
  • Horrible company the worst financial company i have ever worked with. Technology is a mess,...
    read full review

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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