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Truist One Checking Account Review
Posted on Mar 22, 2024
Updated on Aug 1, 2025
Truist Bank (Member FDIC) was founded in 2019 as the result of the merger of BB&T and SunTrust. It is headquartered in Charlotte, North Carolina, and operates over 2,500 branches in the South, Mid-Atlantic, and Midwest. Today, Truist is a top 10 U.S. commercial bank that offers a wide range of financial services, including checking accounts, saving accounts, certificates of deposit, credit cards, loans, and other financial products.
Here we'll review Truist's standard checking account: Truist One Checking. This account charges no overdraft fees, offers multiple ways to waive monthly maintenance fees, and has benefit tiers with additional loyalty perks and rewards. Read on to learn more about these and other features of a Truist checking account.
Quick overview: Truist One Checking
Minimum opening deposit: $50
Bonus & rewards: $400298 with qualifying activities. Plus, earn 10% - 50% Loyalty Bonus303 on eligible Truist credit cards based on your Truist deposit relationship and the reward redemption method.
Monthly fee: $12 (multiple ways to waive)
Other fees: No overdraft fees
Online and mobile banking422 : Deposit checks423 , pay bills, send money with Zelle®297
FDIC Insured: Yes, up to the amount allowable by law
Fees
The Truist One Checking account requires a $50 minimum opening deposit. The account's monthly maintenance fee is $12, but there are multiple ways to waive this fee. Here's how you can waive the Truist One Checking monthly free (you only need to do one!):
- Make $500 or more in total qualifying direct deposits per statement cycle.300
- Maintain a total combined ledger balance of $500 or more across all eligible Truist accounts.300
- Have a personal Truist credit card, mortgage or consumer loan, including LightStream®.300
- Have a linked small business checking account.300
- Be a student.300
The monthly maintenance fee is also waived for primary account holders under the age of 25 or age 62 and older. While the monthly fee can be waived, there are a few other fees associated with the Truist One Checking account. These are the usual fees you may have to pay for any checking account.
| Fee | |
|---|---|
| Out-of-Network ATM Fee | $3 per transaction; $5 outside the U.S. |
| International Point of Sale/ATM Withdrawal | 3% per transaction |
| Stop Payment Fee | $35 each (Fee waived for Level 3, Level 4, and Level Premier) |
| Returned Deposited Item / Cashed Item Fee | No charge |
| Overdraft Related Fees | None |
| Monthly Paper Statement Fee | No charge per Paper Statement or Paperless Online Statement |
Bonuses and Rewards
The Truist One Checking promo offer is a limited time offer for new personal checking customers: you can get $400 when you open a new Truist One Checking account online and receive at least two qualifying direct deposits totaling $2,000 or more and complete at least 20 qualifying debit card purchases within 120 days of account opening. The account must be opened online and you should use the promo code AFL400TR1Q425 to be eligible to participate in this promotion. Also note that the $400 cash bonus offer expires on March 25, 2026 (terms apply)298.
Truist One Checking Levels include a Truist Credit card Loyalty Bonus: you can earn a 10% to 50% Loyalty Bonus based on your Truist deposit relationship and the method by which you redeem your Truist credit card rewards. Rewards are earned in the form of a Loyalty Cash Bonus or Loyality Travel Bonus depending on your Truist Credit card rewards type. To be eligible to receive a Loyalty Bonus, you should have a Truist One Checking account and one of the eligible Truist credit cards (like Truist Cash Rewards or Truist Travel Rewards, etc. Not all Truist credit cards are eligible. See Benefit Levels table.)
Benefit Levels
To reward loyal members, Truist One offers five Levels of perks301. The more you have on your combined average balance across all eligible Truist accounts, the more perks you get. Eligible Truist accounts include checking accounts, savings, CDs, IRAs and/or investments through Truist Investment Services, Inc.
As you move to the next Level, you will earn more rewards and get more perks, like more waived fees and free checks. Truist will automatically move you to the next Level once you reach the next level's threshold. Here's what each Level tier unlocks:
| Level 1 | Level 2 | Level 3 | Level 4 | Level Premier | |
|---|---|---|---|---|---|
| Combined monthly average balance424 | $0.00 - $9,999.99 | $10,000 - $24,999.99 | $25,000 - $49,999.99 | $50,000 - $99,999.99 | $100,000+ or Premier/Wealth Client |
| Truist credit card Loyalty Bonus | 10% | 20% | 30% | 40% | 50% |
| Debit card daily limits |
$500 ATM $3,000 POS |
$500 ATM $3,000 POS |
$2,500 ATM $3,000 POS |
$2,500 ATM $3,000 POS |
$2,500 ATM $3,000 POS |
| Additional Truist One Checking and/or Truist One Savings accounts with no monthly fee | 1 Savings |
1 Checking 1 Savings |
2 Checking 1 Savings |
3 Checking 1 Savings |
Unlimited Checking and Savings |
| No-fee withdrawals at non-Truist ATMs | None | 1 per monthly cycle | 3 per monthly cycle | 5 per monthly cycle | Unlimited |
| Check orders | Free first order (10-pack) |
Free first order (10-pack) 50% reorder discount |
Free first order (10-pack) Free reorders |
Free first order (10-pack) Free reorders |
Free first order (10-pack) Free reorders |
| Official checks/money orders | No charge for Official Checks and Money Orders | No charge for Official Checks and Money Orders | No charge for Official Checks and Money Orders | No charge for Official Checks and Money Orders | No charge for Official Checks and Money Orders |
| Annual fee discounts on a safe deposit box | $25 | $25 | $25 | $25 | $25 |
Balance Buffer
The Truist One Checking is the only Truist account that offers a Balance Buffer299 that allows eligible clients to overdraw your account for up to $100. This feature is automatic, meaning you do not need to request it specifically. You simply need to meet eligibility requirements to enjoy it. Here are the requirements to qualify for this feature:
- Your account must be opened for a minimum of 35 calendar days,
- Your account must be funded with a positive balance, and
- You must make a single direct deposit of at least $100 within the last 35 calendar days.
To continue enjoying and remain qualified for the Balance Buffer, you have to continue making direct deposits of at least $100 every 35 calendar days.
This Balance Buffer benefit comes in addition to the no overdraft fees feature. Thus, if you overdraw your Truist One Checking account, Truist will first use that $100 to have your transactions go through. And if there is no buffer left, only then will your transactions be declined - with no fees.
Other benefits and features
The Truist One Checking account comes with a personal Visa debit card. The card can be added to digital wallets, has contactless chip technology, and is eligible for Truist Deals302 (a program that allows you to earn cash back at select merchants, enrollment required).
Truist clients can also manage their Truist One Checking account using online account access or the Truist Mobile app422. Some online banking features include mobile check deposit423, card controls, activity alerts425, and sending money with Zelle®297.
Truist also has a network of ATMs. When you need cash, you can use Truist ATMs to withdraw money with no withdrawal fee. Plus, you can unlock free non-Truist ATM transactions starting at Level 2 of Truist One Checking account.
Bottom line
The Truist One Checking account is a good option for consumers who live near one or two Truist Bank locations in the South, East and Midwest. If you like convenience and functionality offered by mobile and online banking but are not ready to switch to fully digital banking, Truist One Checking is worth considering. The account offers great opportunities to waive the monthly fee and to get access to additional perks. Members can also earn loyalty bonuses and get various perks.
However, if you are looking for accounts that will earn interest, then you should look for interest-earning checking accounts from other banks.
