SunTrust Bank has a new checking account bonus that can net you $250. The bonus comes in two parts:
Earn $125 when you
- Open a new SunTrust checking account
- Deposit at least $100 within 14 days of account opening
- Complete at least $500 in Direct Deposits* within 60 days of account opening
Earn an additional $125
- When you continue to maintain at least $500 in monthly Direct Deposits* until December 31, 2016.
Offer valid for new SunTrust personal checking clients only. Account must be opened online with promo code Q316CHKNGOLP1 OR at a branch with a branch coupon from August 1 to September 19, 2016. When you open one online make sure the promo code is entered on the first page of the application and then “Yes” is selected to enroll in the offer in the following page.
Essential Checking is the best option for this bonus. The account comes with a $7 monthly fee that can be waived with the following options
- Minimum of 10 Banking Transactions per statement cycle OR
- $500 or more in total qualifying monthly Direct Deposit(s) OR
- $500 minimum daily balance OR
- A 5-year Student Waiver
If you do get charged a fee, remember to always ask for a refund at least for the first charge.
Who is eligible?
Current customers or customers who closed a personal checking account within 180 days of the promotion start date will not be eligible for the promotion.
The offer is available only to U.S. Residents with a U.S. Address in the following states: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, Washington D.C., and West Virginia.
I’m forced out of this offer since I’m not in one of the lucky states.
- Apply Online Here or Print Coupon to Apply In Branch
- Account Type: Select Checking
- Availability: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, Washington D.C., and West Virginia
- Expiration Date: 09/19/2016
- Inquiry Type: Soft pull
- Opening Deposit Credit Card Funding: Yes up to $1000
- Direct Deposit Requirement: $500
- Other Requirements: Maintain $500 balance until 12/31/2016
- Monthly Fee: $7 but waivable (see above)
- Closing Account Fee: 25 if closed within 6 months