New promo code: DC2425TR1400, extended through 4/30/25.
New Eligibility Date: who closed previous accounts before 10/31/23 are eligible now.
Update 6/23/24: Offer extended until 10/30/2024
Update 2/28/24: Bonus is now $400 and extended until 6/26/24.
Offer at a glance
- Maximum bonus amount: $400
- Availability: AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC
- Direct deposit required: Yes, one Direct Deposit of $500 or more within 90 days of account opening
- Additional requirements: Use promo code
- Hard/soft pull: Soft pull
- ChexSystems: Yes
- Credit card funding:Up to $500
- Monthly fees: $12, avoidable
- Early account termination fee: None
- Household limit: None
- Expiration date: July 14, 2022
Contents
The Offer
- Truist is offering a bonus of $400 when you open a new checking account and complete the following requirements:
- Use promo code TRUIST400DC24
- 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. All debit purchases must be posted to your account to qualify.
The Fine Print
- Valid for new personal Truist Dimension, Truist Bright or Truist Fundamental checking accounts opened from 4/1/22 through 7/14/22. Enrollment in the promotion is required at account opening using promo code TR2CHK22 to be eligible for any promotion reward. Please refer to the Account Opening and Enrollment section below for instructions.
- How to Earn $300:
- Open a new eligible* Truist personal checking account from April 1, 2022 through July 14, 2022
- Receive at least 2 qualifying Direct Deposits** totaling $500 or more within 90 days of account opening.
- Clients with an existing personal checking account with Truist or who have closed an account with Truist on or after 1/20/22 are not eligible to participate. Account holder must be 18 or older at the time of account opening. Truist employees are not eligible. Offer available only to US residents with a valid US taxpayer identification number. The qualifying checking account must be opened in a Truist branch in one of the following states, or online, and have a mailing address in: AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Truist Bright Checking has a $12 monthly fee this is waived with either of the following requirements:
- Monthly direct deposits over $500 or
$1,500$500 average ledger balance
Early Account Termination Fee
I didn’t see any mention of the EATF in the fee schedule.
Our Verdict
Truist is the new name for the merged BB&T and SunTrust bank. Keep in mind you won’t be eligible for this bonus if you’ve held a BB&T/SunTrust or Truist account since 2/1/21. They launched with a $500 bonus, but we haven’t seen that bonus return and normally it’s only $200 so I’d recommend doing this offer and will add to the best bank account bonuses.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Post history:
- Update 11/13/23: Extended until February 27, 2024.
- Update 8/13/23: Deal is back and valid until October 31, 2023. Bonus has been reduced to $300, so worth waiting for $400 to return.
- Update 5/27/23: Extended until July 25, 2023.
- Update 5/16/23: Extended until June 1, 2023.
- Update 4/17/23: Deal is back and valid until 5/15/23. Hat tip to Tornado
- Update 1/22/23: Make sure adblocker is disabled to get promo code to work properly.
- Update 1/22/23: Deal is back, has been increased to $400 from $200 and valid until Apr. 14, 2023. Terms do state ‘Offer Eligibility: Offer is only available to individuals who received a direct communication from Truist.’ so unsure if this targeted or not. Does show up in a google search for vague terms such as ‘checking bonus’.
- Update 11/12/22: Deal is back but reduced to $200. Hat tip to reader John.
View Comments (2287)
$501 ACH from Fidelity worked.
Took 7 days from last debit card transaction for bonus to post
Promo code from their website and the one listed here does not work as of 11/22/2024.
Use the code in the note at the top of the page. DC2425TR1400 @guest_1957054
Has anyone seen a payout post 11/1 T&C change? With or without real DD? Still nothing from me after completing non-DD by 11/4.
The reward will be deposited to the new checking account within 4 weeks after the qualification requirements have been met and verified.
Still no bonus. Used chase for DDs
No bonus here or for P2 yet under the new promo. Both of us completed the DD via Chase Biz payroll ACH. I pushed mine on 11/5, his a week later, still no sign of the bonus for either of us.
Looks like they were still paying out quickly prior to this change...I wonder if their system is still expecting debit transactions, even though that requirement was removed from the terms.
Still no bonus also for the new 11/1 terms
11/01 account opened
11/05 $50 initial deposit
11/06 $1005 Chase
11/08 $1005 Chase
11/22 Still no bonus
10/14 account opened, can't remember if I funded it
10/24 Fidelity (cma) push
11/05 15 debit purchases finished (all normal purchases)
11/15 $400 bonus
BTW there's another way to avoid monthly fee, have an open small business bank account (which in itself is free). So that way you don't have to keep the $500 in there or do a $500 push every month while you keep it open. So I'd suggest doing the business first (EIN is better) and then the personal, and close both around the same time.
I almost want to keep the accounts open long term because it's at a really convenient place for me and the people who work there are really nice (I had to go in and verify for the business account, but not personal) but $800 a year between business and personal is too much to pass up on...
P1 (me)
9/27 - signed up, received account approval email which shows the TRUIST400DC24 was used. Did not receive the "on your way to receiving bonus" email.
10/4 - $500 work DD
Didn't receive debit card, had to call and get a card ordered. Very weird.
10/25 - 5x $1 debit purchases for tax payments
10/28 - 10x $1 debit purchases for tax payments
Still no bonus.
P2 (wife)
10/30 - signed up, received "on your way to receiving bonus" email
11/1 - $500 DD from my work
11/4 - 10x $1 debit purchases for tax payments
11/5 - 5x $1 debit purchases for tax payments
11/15 - $400 promotion received
I just called Truist support. They couldn't find any promotions on my account so they created a ticket to get the promotions team involved. I'm glad I have the signup email which shows my account & promo code used. They said I have to wait up to 15 calendar days for a response.
11/4 - opened account
11/8 - real dd of $500
11/8-11/14 - 15 debit purchases from various stores
11-14 - received an email saying I’m on my way to earning a reward
11-19 - no reward
any ideas on why it hasn’t posted yet?
What code did you use? The bonus terms changed on 11/1 (or maybe 10/31) to require two deposits totaling $1k, and no debit transactions. If you signed up on 11/4 you might be under the new terms.
@guest_1954989 wait 10 calendar days from your last debit card purchase. it should come.
10/17 Account Open
10/25 $50 Initial Deposit (Fidelity)
10/31 $1.5k Payroll Direct Deposit
11/15 $400 Bonus Received
Pretty easy bonus. Just used the debit card for daily purchases until I hit 15 transactions.
10/27 account open with $50
11/4 $505 Fidelity push
11/7-11/10 15 debits (mix of $1 Amazon Pepper gift cards and some other purchases)
11/15 $400 bonus
DP from a newb:
10/24 – Account opened with code TRUIST400DC24, initial $50 funding from Wells Fargo
11/08 – $525.00 Real DD
10/30-11/05 – 15x $1.00 - $1.05 payments to ATT mobile (5x day)
11/13 – Tracker updated tasks completed
11/15 – $400 Bonus received
Apparently they charge $3.00 to external ACH out to another bank. What have others done? Pay the fee? ATM withdrawal? Other?
How long should I wait until I empty the account and close it?
@guest_1953037 To 0 my accounts I try to do Zelle to myself or my wife, which is immediate. If that fails for whatever reason, I'll just setup ACH withdrawal from my primary bank so it pulls the money from the account I wish to close. It takes a couple extra days for ACH verification and then transit time, but it gets the job done. Just gotta make sure the timing doesn't go past your statement date if you are trying to avoid a maintenance fee and you haven't done what's necessary to avoid it.
Pull from another bank to avoid the fee.
do you think they will bring back the $500 offer?
not sure it's worth taking yet
@guest_1950081 I personally don't think so. I feel that $500 bonus was related to them being a new bank merged with BB&T. I last closed the account in end of 2022, so it was time to churn again.