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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

Name Product Interest rates (APY) Fee Minimum deposit to open Interest earned
American Express® High Yield Savings
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
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)
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
A savings account with a higher-than-average rate and minimal fees.
SoFi Money
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
$5 per month
(can be waived)
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
No account opening or maintenance fees. Daily compounding interest. Earn one of the nation's top rates
Discover Online Savings Account
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)
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
This money market account offers a competitive APY.
UFB Direct High Yield Savings
Earn an APY when your balance is higher than $10,000 with this no-monthly-fee savings account.
Betterment Everyday Cash Reserve
This savings account has no account and overdraft fees, plus it requires no minimum balance.
Synchrony High Yield Savings
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)
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
A free high-interest savings account with a $100 minimum deposit to open
Ponce Bank Savings
Ponce Bank Savings
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
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
The Central Bank of Kansas City Savings account, offered in partnership with Save Better, has a $1 opening deposit and earns 0.4% APY.

Compare up to 4 providers

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.

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