ADVERTISING DISCLOSURE
ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most issuers whose offers appear on our site. Compensation fromour advertising partners may impact how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Truist One Checking Account Review

The content is accurate at the time of publication and is subject to change.

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 benefits 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: $400.298 Plus, earn 10% - 50% more rewards on select Truist credit cards.

Monthly fee: $12 (there's five ways to waive)300

Other fees: No overdraft fees, No ATM fees at Truist ATMs

FDIC Insured: Yes, up to the standard FDIC limit of $250,000

Fees

The Truist One Checking account requires a $50 minimum opening deposit. The account's monthly maintenance fee is $12, but you will be given five ways to waive this fee. Here's how you can waive the Truist One Checking monthly free:

- Make $500 or more in total qualifying direct deposits per statement cycle.

- Maintain a combined monthly average balance of $500 or more across all eligible Truist accounts.

- Have a personal Truist credit card, mortgage or consumer loan (excluding LightStream®).

- Have a linked small business checking account.

- Be a student under the age of 25.

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
Returned Deposited Item / Cashed Item Fee No charge
Incoming Domestic Wire Transfer Fee $15*
Outgoing Domestic Wire Transfer Fee $30
Debit Card Rush Delivery $30
Monthly Paper Statement Fee $3; no charge for paperless online statement

*Truist One Checking account receives one no-fee incoming domestic wire, or one no-fee incoming international wire, or one no-fee incoming funds transfer per calendar month. However, intermediary financial institutions may deduct fees from incoming international wires, reducing the amount of proceeds credited to your account. Fees may vary.

Bonuses and Rewards

The Truist One Checking promo offer is a limited time welcome offer for new members: you can get $400 when you open a new Truist One Checking account and receive at least one qualifying direct deposit of $500 or more and complete at least 15 qualifying debit card purchases within 90 days of account opening. The account must be open online and you should enter the promo code TRUIST400AFL24 to be eligible to participate in this promotion. Also note that the $400 cash bonus offer expires on June 26, 2024 (terms apply).298

In addition to the Truist One Checking bonus offer, you can earn a 10% to 50% Loyalty Bonus on cash back or miles you redeem into your Truist deposit account. 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.)

If you are a Delta frequent flyer, you can request a Delta SkyMiles® Debit Card from Truist for an annual fee of $95 to $25 (based on your Level tier). The Delta SkyMiles® Debit Card will allow you to earn 5,000 bonus miles and 1 mile per $2 on everyday purchases (terms apply).

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
Total monthly average balance $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
Delta SkyMiles Debit Card cost $95 $95 $75 ($20 discount) $75 ($20 discount) $25 ($70 discount)
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 per statement cycle 1 no-fee Official Check
1 no-fee Money Order
1 no-fee Official Check
1 no-fee Money Order
1 no-fee Official Check
1 no-fee Money Order
1 no-fee Official Check
1 no-fee Money Order
1 no-fee Official Check
1 no-fee Money Order
Annual fee discounts on a safe deposit box $25 $25 $25 $25 $25
Zelle® limits $2,000 daily
$10,000 rolling 30 days
$2,000 daily
$10,000 rolling 30 days
$2,000 daily
$10,000 rolling 30 days
$2,000 daily
$10,000 rolling 30 days
$5,000 daily
$15,000 rolling 30 days

$100 Negative Balance Buffer

The Truist One Checking is the only Truist account that offers a $100 Negative Balance Buffer299 that allows to overdraw the 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 days,

- Your account must be funded with a positive balance, and

- You must make a single direct deposit of at least $100 per month for two months in a row.

To continue enjoying and remain qualified for the $100 Negative Balance Buffer, you should continue making direct deposits of at least $100 each month.

This $100 Negative 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 your transactions will 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 Deals (a program that allows you to earn cash back at select merchants, enrollment required).

Account members can also manage their Truist One Checking account using online account access or the Truist Mobile app. Some online banking features include mobile check deposit, card controls, activity alerts, and sending money with Zelle.

Truist also has a network of ATMs. When you need cash, you can use Truist ATMs to withdraw money with no fees. Plus, you can unlock free non-Truist ARM 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, the Truist One is worth considering. The account offers great opportunities to waive monthly fees and to get access to additional perks. New members can also qualify for bonuses and limited time offers.

However, if you are looking for accounts that will earn interest, then you should look for interest-earning checking accounts from other banks.

our choice

APY
No
Monthly Fee
$12
Minimum Deposit
$50
Online Banking
Yes
  • For a limited time: Earn $400 with Truist One Checking. Terms apply.298
  • No overdraft fees.
  • $100 Negative Balance Buffer for eligible clients.299
  • There are five different ways to waive the $12 monthly maintenance fee.300
  • Personal debit card.
  • $25 annual fee discount on any size safe deposit box, subject to availability.
  • Five benefit levels give you more perks as your balances grow.301

must read FEATURED NEWS
AND RELATED RESEARCH

News: Capital One And Walmart End Partnership - Credit-Land.com
Jun 10, 2024

Capital One And Walmart End Partnership

Capital One will no longer be the exclusive issuer of Walmart credit cards. The two companies...

Citi Strata Premier℠ Card Review: Big Rewards and World Elite Mastercard Benefits

Citi Strata Premier℠ Card Review: Big Rewards and World Elite Mastercard Benefits

Citi waived goodbye to their Citi Premier® Card (expired offer) and presented a new...

EXPLORE
MORE CREDIT CARDS BY CATEGORIES

Cash Back
Travel
Balance Transfer
Low Interest
Fair Credit

questionsABOUT
CHECKING ACCOUNTS

Is it necessary to open a debit card together with a checking account?

Opening a debit card together with a checking account is not always obligatory, but it is a widespread and practical choice. A debit card provides convenient access to the funds in your checking account, allows you to...

Read more
What is the typical minimum balance requirement for a checking account?

The typical minimum balance requirement for a checking account can vary significantly based on the financial institution and the type of account you opt for. Many banks offer checking accounts with no minimum balance...

Read more
What is the primary purpose of a checking account?

A checking account is a universal financial instrument designed primarily for everyday transactions. It allows you to easily pay bills, make purchases, and withdraw cash. You can write checks, use debit cards, or set up...

Read more
See all questions

NOT SURE WHICH CARD
TO CHOOSE?

Ask our Experts and get free advice to your email!

ASK QUESTION

comments ABOUT
BEST CHECKING ACCOUNTS🜂

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions. All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

WHAT IS YOUR QUESTION?

Please enter your question and contact information so that we could send our answer to you by e-mail. Note: Please do not include personal information such as your SSN#, credit or debit account numbers.

EXTRA QUESTIONS TO DESCRIBE YOUR SITUATION IN MORE DETAILS:

* - required fields

By submitting your question, you agree to the following:*

By providing my email information, I authorize Credit-Land to email me regarding products and services Credit-Land provides. I acknowledge that this consent may be removed at my request but that until such consent is revoked, I may receive emails from Credit-Land.

Here at Credit-Land.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. We assume no liability for actions resulting from our advice and cannot guarantee the accuracy of information in all cases. Please seek appropriate professional or legal advice when needed.

Questions submitted to Credit-Land.com may be posted to our website with your first name, and may be edited for length and clarity. Please do not submit your Social Security number, credit or debit card number, or bank account number to us - though we will never share your name or email with anyone, sensitive information should never be posted to an FAQ form. We are not a bank or a credit card issuer, and we do not have access to your account information.

Thank You, Your Question Has Been Successfully Sent!
YOU'VE SUCCESSFULLY SUBSCRIBED!
PLEASE SPECIFY THE FOLLOWING:
All these fields are optional
your credit history
Excellent (750-850)
Good (700-749)
Fair (640-699)
Bad (350-639)
No Credit History
OR ENTER YOUR EXACT CREDIT SCORE
THEMES YOU ARE INTERESTED IN:
Traveling with Credit Cards: how to Save and Earn Rewards
How to Take Advantage of Credit Card Rewards
Credit Cards for Building Credit
Business Credit Card Offers
How to Save with Balance Transfer Credit Cards
Special Credit Card Offers for Students
Credit Cards with Low Interest Rates
Benefits of Credit Cards with No Annual Fee
Best Credit Card Offers with 0% Intro APR
By providing this information you help us make our news letters more useful and informative. Thank you!