Truist One Savings Account Review
Truist One Savings isn't available on Finder right now.
- Annual Percentage Yield (APY)
-
0.01%
- Fee
- $5 per month
(can be waived) - Minimum deposit to open
- $50
Our verdict
Multiple ways to waive the monthly fee, but the low APY doesn't make it feel worth the trouble.
The Truist One Savings account is a no-frills option with basic features like overdraft protection. There's a $5 monthly fee, but there are multiple ways to waive it. But all in all, this isn't a very competitive account, thanks to the very low APY and monthly fee you've got to waive.
Best for: Existing Truist checking customers.
Pros
-
Link to Truist checking accounts for overdraft protection
-
Waivable monthly fee
-
Works with Zelle
Cons
-
Very low APY
-
$50 opening deposit
What we like about the Truist One Savings Account
This account is a rather standard savings account, with a low $5 monthly fee (that can be waived in multiple ways), a $50 minimum opening deposit and tools for existing Truist checking customers.
And as with any account at Truist Bank, deposits are FDIC insured.
Link to checking for convenience
You can link the Truist One Savings Account as automatic overdraft backup for an existing Truist checking account, so an accidental shortfall gets covered rather than triggering an overdraft situation.
Also, Truist lets you schedule automatic monthly transfers from checking to help build toward savings goals without having to think about it.
Modern banking tools
The account includes mobile check deposit, the ability to transfer funds between accounts, Zelle for sending and receiving money and recurring bill pay setup. These are all great tools we prefer to see in a bank’s mobile app.
What could be better
The main downside with this account is the low APY. It’s leagues below the national average of 0.38% APY, as reported by the FDIC. You don’t have to look very hard to find a better interest rate with another savings account.
Another major drawback is that avoiding the $5 fee isn’t automatic. You have to actively meet one of the four waiver conditions:
- Linking a Truist personal checking account
- Keep a minimum balance of $300 or more
- Setting up a recurring transfer of at least $25 per statement cycle
- Be under 18 years of age (minors must open account at a branch)
Overall, this isn’t a very competitive savings account. Compare the best high-yield savings accounts with high APYs and no monthly fees.
Compare other top savings accounts
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseWhat is the Finder Score?
The Finder Score crunches over 250 savings accounts from hundreds of financial institutions. It takes into account the product's interest rate, fees, opening deposit and features - this gives you a simple score out of 10.
To provide a Score, Finder’s banking experts analyze hundreds of savings accounts against FDIC-reported national averages as a baseline. Accounts with rates well over the national average are scored the highest, while accounts with rates well below are scored low.
Truist customer reviews and ratings
| BBB accredited | Yes |
|---|---|
| BBB rating | A+ |
| BBB customer reviews | 1.1 out of 5 stars, based on 915 customer reviews |
| Trustpilot score | 1.2 out of 5 stars, based on 2,140 customer reviews |
| Customer reviews verified as of | 17 August 2026 |
On Trustpilot, it has an unclaimed profile with a low overall rating. Most reviews report poor customer service, long deposit hold times or unexpected late payments on loans. While most reviews are negative, these complaints are typical for banks.
Finder Scores: What they mean
If you want peace of mind, this rating will give it to you. These products offer the best value and outcomes considering various product features, terms, conditions and price.
Well-balanced products that provide what you need, offering a healthy mix of competitive features at a good price. However, they're not quite the best in class.
Bottom line: You can find better, but these products still offer reasonable value and have the basics sorted.
These products may not offer much value in the long run, and there are better options available.
Your reviews
Peter Finder
Writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.