This offer has expired. See the full list of available bank bonuses here.
Suntrust Bank Bonus, Get $500 with New Checking Account
SunTrust Bank has a new checking account bonus that can net you $500 in cash. Offer is available only in a few states from October 1, 2020 through January 4, 2021. Check the details below and see whether you are eligible and how to get this bonus.
Earn $500 when you open a new SunTrust Advantage Checking account and
- Complete at least $3,000 in Direct Deposits into the new checking account, per statement cycle, for two consecutive statement cycles within the first three full monthly statement cycles
Account must be opened online with promo code Q420ADVANTAGE by January 4, 2021. The reward will be credited to the new checking account up to 8 weeks after the Direct Deposit qualification requirement has been verified.
Advantage Checking has a $20 monthly fee that is waived with the following options:
- Make $3,000 or more in Total Monthly Qualifying Direct Deposits OR
- Maintain a Total Combined Relationship Balance of $10,000 or more linked across deposits and investments OR
- Have a linked personal SunTrust Credit Card, Mortgage or Loan OR
- Have a Linked Small Business Checking Account
If you do get charged a fee, remember to always ask for a refund at least for the first charge.
You must not have closed a personal checking account within 180 days of the promotion start date.
The checking account must be opened online with, and the client must have, an address in the following states: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia.
The bonus is now better, as you get $100 more and the requirements are still the same. You need to make $3,000 in direct deposits for two months out of the first three. The account also comes with a $20 monthly fee that is waived with that $3K deposit. There’s also optional Delta SkyMiles World Debit Card with an annual fee of $95. It earns 5,000 bonus miles after first purchase and 1 mile for every $2 spent up to $4K monthly. Used to be one miles per dollar before.
If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
- Offer Page
- Account Type: Advantage Checking
- Promo code: Q420ADVANTAGE
- Availability: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, Washington D.C., and West Virginia
- Expiration Date: 1/4/21
- Inquiry Type: Soft pull
- Opening Deposit Credit Card Funding: Yes up to $1,000
- Direct Deposit Requirement: $3K 2x within 3 months
- Monthly Fee: $20 (see above)
- Closing Account Fee: $25 if closed within 6 months
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