Are you hunting (pun intended) for the best checking account bonus? Check out Huntington Bank.

Huntington Bank is currently offering new customers either a $200 or $300 cash bonus for a personal checking account and up to $750 for a new business checking account.

The $200 bonus comes with the personal Perks Checking account and the $300 bonus comes with the Platinum Perks Checking account.

If you’re looking for a business checking account you can earn either $100 for the Business Checking 100 account, $400 for the Unlimited Business Checking account and $750 for the Unlimited Plus Business Checking account.

Find out how to take advantage of these promotions below. There is still plenty of time!

How to Qualify for Each Personal Checking Bonus

Huntington Bank offers 3 personal checking accounts at this time. These are:

1. Asterisk-Free Checking – No Bonus.
2. Perks Checking – $200 Bonus.
3. Platinum Perks Checking – $300 Bonus.

How to Get the $200 Bonus with a new Perks Checking account at Huntington Bank:

• deposit at least $1,000 within 60 days of opening and maintain this balance for at least 90 days to earn the $200 bonus.
• The cash bonus will be deposited into your account within 14 days of completing the above.

How to Get the $300 Bonus with a new Perks Checking account at Huntington Bank:

• deposit at least $25,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $300 bonus.
• The cash bonus will be deposited into your account within 14 days of completing the above.

You must fund your account with money that is new to Huntington Bank with the only exception being funds that you’re moving from a matured CD.

Use this link and select “Apply Now” to receive your bonus code and be sure to apply this when opening your new account.

📌 Please Note – There are location restrictions. Only residents of the following states are eligible:

• Colorado
• Illinois
• Indiana
• Kentucky
• Michigan
• Minnesota
• Ohio
• Pennsylvania
• South Dakota
• West Virginia
• Wisconsin

You will not be eligible for this promotion if you currently have or have had a checking account with Huntington Bank in the last 6 months (even if you have since closed the account). This includes being listed on an account as a joint owner or beneficiary.

This offer is valid through February 7, 2023. Open an account by then to be eligible. Let’s take a look at each of these personal checking accounts before going into the details of the business checking offers.

Huntington Bank Asterisk-Free Checking Account

There is no monthly maintenance fee for this account. There are also no minimum opening deposit or balance requirements to avoid penalties.

The Asterisk-Free checking account doesn’t have much to it. It does not earn interest or come with many perks, but it does include basic benefits like overdraft protection and free deposits and internal transfers.

There is no fee for in-network ATM transactions but you will pay $3 for every out-of-network ATM transaction. This transaction fee is not reimbursed for this account. There is no fee for using bill pay services, a $0.50 fee per incoming or outgoing Zelle transaction, a $15 fee for each domestic incoming wire transfer and $25 fee for each domestic outgoing wire transfer, and a 3% foreign transaction fee.

You will incur an overdraft fee of $36 when you withdraw beyond the balance of your account, but Huntington offers a 24-hour grace period to all customers to help you avoid this. If you overdraw and get charged the fee, you will have by midnight the next business day to fund your account to cover the full overdraft as well as any pending transactions that will further increase your negative balance in that time. But if you overdraw by less than $50, the fee is waived automatically. 

These account fees and overdraft terms apply to all of the following checking accounts.

Perks Checking Account

This account has a monthly maintenance fee of $10 that can be waived by either maintaining a balance of $5,000 or more in checking and savings accounts with Huntington Bank or by setting up monthly direct deposits of $1,000 or more into the Perks Checking account.

This account currently earns interest at a rate of 0.02% for all balance tiers. Up to five out-of-network ATM fees are waived per statement period and you may be eligible for fee reimbursement if you incur charges at non-Huntington ATMs on these transactions. 

Credit Score monitoring is included with this account at no added cost. This includes a quarterly copy of your Experian credit report, a monthly VantageScore alert, access to a credit simulator to understand how different factors affect your credit, and more.

Platinum Perks Checking Account

This account has a monthly maintenance fee of $25 that is waived when you maintain a combined balance of at least $25,000 across your Huntington accounts.

This account currently earns interest at a rate of 0.03% for all balance tiers. You can make an unlimited number of out-of-network ATM withdrawals at no added cost. In addition to waiving your non-Huntington ATM fee, Huntington will reimburse you for third-party withdrawal fees you may incur but will not cover processing or transfer fees.

Credit Score monitoring is also included with this account for free in addition to Identity Monitoring services. When you enroll in Identity Monitoring, Huntington will monitor your Experian report and internet presence for suspicious activity and report on theft attempts.

How to Qualify for Each Business Checking account Bonus

This promotion allows you to earn either $100, $400, or $750 when you open a qualifying business checking account.

Open one of the following accounts: Business Checking 100, Unlimited Business Checking, or Unlimited Plus Business Checking. 

See the deposit requirements and bonuses for each account below:

• Business Checking 100 – must deposit at least $2,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $100 bonus
• Unlimited Business Checking – must deposit at least $5,000 within 60 days of opening and maintain this balance for at least 90 days to a $400 bonus
• Unlimited Plus business Checking – must deposit at least $20,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $750 bonus

After meeting these requirements, your bonus will be deposited into your account automatically within 14 days of qualifying. You must deposit new money and cannot transfer the funds from another Huntington personal or business account.

Make sure you apply using this link to get your bonus code. You can also open your new account in person by selecting “Open at a Branch” below the offer to request a coupon to be sent to your email and presenting this.

You cannot qualify for this offer if you already have a business checking account with Huntington or have had an account, open or closed, within the past six months.

Note that there are location restrictions for this promotion as well. You are only eligible for a bonus if you live in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, and Wisconsin. 

The deadline to open your new account is February 5th, 2023. 

Note that if you close your account within 180 days of opening, you will not forfeit your bonus but will be charged an Early Account Closing Fee.

Huntington Bank Business Checking 100 Checking Account

This account does not have a monthly maintenance fee and there is no minimum balance required to open or keep your account (except for the $2,000 required to earn the $100 bonus).

The Huntington Business Checking 100 account allows for up to 100 business transactions at no charge per statement period. This includes checks you write or deposit, incoming ACH transfers, purchases made with your debit card, bill payments, and other business-related spending. If you exceed this limit, you will pay $0.50 for each transaction after.

You are permitted to make up to $5,000 in cash or currency deposits per month without incurring any fees. After that, you’ll pay a fee of $0.30 for every $100 you deposit. 

This account does not earn interest. It includes 120 days of a Reverse Positive Pay bonus service at no added cost. This is a fraud protection tool that detects suspicious activity and reports this to you for approval so you can decide if a payment should be returned. After this trial period, this service costs $5 per month if you decide to continue.

Because this account has a lower transaction limit, it’s going to be best for small businesses, entrepreneurs, and startups. But if you see yourself making more than 100 transactions in a month or depositing more than $5,000, check out the next two accounts instead.

Huntington Bank Unlimited and Unlimited Plus Business Checking Account

The following two business checking accounts options are very similar, so we’ll just point out what makes them different.

Huntington Bank Unlimited Business Checking Account

The Huntington Unlimited Business Checking account has a $20 monthly maintenance fee that is waived when you maintain a combined balance of at least $10,000 across your Huntington deposit accounts. This can include all of your checking accounts, savings accounts, MMAs, and CDs with Huntington. This is the only way to waive the fee.

The Huntington Unlimited Business Checking account allows for unlimited business transactions at no charge and up to $10,000 in cash or other deposits per statement period. This option also includes one Bonus Service for free for the entire time the account is open and in good standing. Choose from the following:

• Reverse Positive Pay – an early fraud detection tool
• Huntington Deposit Scan – up to 50 free mobile check deposits per month
• Payroll – 10% off payroll services through Paychex
• Wires – two free incoming domestic wire transfers per month (otherwise $18 each)
• Returned Deposited Items – up to 25 free returned items per month (otherwise $13 each)

You choose your Bonus Service when opening your account.

The same overdraft services and terms outlined above apply for this account as well as the Huntington Unlimited Plus Business Checking account. 

This is not an interest-bearing checking account.

Huntington Bank Unlimited Plus Business Checking Account

This account has a $40 monthly maintenance fee that is waived when you maintain a combined balance of at least $50,000 across your Huntington deposit accounts.

The Huntington Unlimited Plus Business Checking account allows for unlimited monthly business transactions and up to $25,000 in cash or currency deposits per statement period.

This account earns interest by balance, but you’ll need to talk with a representative to find out what rate you qualify for. Rates are not publicly disclosed.

Two Bonus Services are included with this account at no added cost. Choose from Fraud Tool, Huntington Deposit Scan, Payroll, Wires, and Returned Deposited Items when setting up your account.

We recommend this account for you if you have a larger business and will be able to take advantage of the transaction and deposit limits and suite of available perks. 

Final Thoughts

These are decent checking accounts overall when you can qualify for the bonus offers. If you plan to keep a high balance and can avoid the monthly fees, then the Perks or Platinum Perks Checking are rewarding offers.

Just be sure you’ll be able to meet the requirements to avoid the monthly fee. If you’re looking for a free option, check back periodically because their “Asterisk-free Checking” account has provided a bonus in the past.

Lastly, the rates on the accounts that do earn interest are not competitive at all while APYs (annual percentage yields) are rising across the board right now.

[Update June 2022: Aspiration is offering consumers a $150 sign up bonus when you sign up and spend $1,000 in the first 60 days of opening the account. See more details here. Read more about Aspiration and their savings rates below.]

Aspiration is not a bank but rather a financial services company that has come up with quite the aspirational product – a hybrid checking/savings account with the goal of making the world a better place.

Aspiration has taken the best features of checking and savings accounts (i.e. cash back on debit purchases, unlimited ATM reimbursements and a solid APY on idle cash) and combined that with a streamlined way of investing in ethical companies.

The Aspiration Spend & Save account was named one of the best cash management accounts on the market for 2020 by NerdWallet— “it lets you invest sustainably and save while you do it.”

Today, the Spend & Save account by Aspiration comes with two plans to choose from:

• Aspiration – free – 3 to 5% cash back on conscious coalition purchases.
• Aspiration Plus – $7.99/mo or $5.99/mo if you pay annually. Earn up to 5.0% APY on savings (balances up to $10k) plus up to 10% cash back on conscious coalition purchases AND Aspiration will offset your carbon footprint every time you drive.

If you’re in the market for a cash management account that is as personally fulfilling as it is financially rewarding, continue reading our review of both plans below.

Aspiration Spend and Save Rate + Details

For the Aspiration Plus plan members, you have the chance to earn an unheard of APY of 5.00% on balances up to $10,000.

The biggest “catch” with earning the exceptional APY is that the plan requires you to also spend $1000 or more, monthly, with your Aspiration debit card. If this requirement is not met your balance will earn a more modest 0.10% APY.

A minimum deposit of just $10 is required to open the account, but you must enroll in Aspiration Plus to earn the APY.

Aspiration Plus APY

Balance	APY
$10 – $10,000	5.0%
$10,001 +	0.10%

To put these yields in perspective, the current national average for a savings account and an interest checking account are just 0.06% APY and 0.03% APY, respectively, according to FDIC data.

Aspiration APY

Balance	APY
$10 – $10,000	3.0%
$10,000 +	0%

The regular Aspiration plan does not provide any yield on your balance.

FDIC Insurance through Program Banks

Aspiration deposits are insured up to $2.46 million per depositor by the FDIC. This is just shy of 10x what a typical bank provides. This is possible through the use of the FDIC Deposit Sweep Program, which “sweeps” your funds into FDIC-insured bank accounts at day’s end to protect them.

Operating as your custodian and agent, Aspiration will select these banks for you from a long list of at least 10 participating Program Banks. They will post a Priority List of these selections for your viewing. This list will tell you which banks your funds will be put into and what the priority will look like (i.e. which bank will get the first tranche, second tranche, third and so on until all your money is safely parked).

As mentioned, at the end of each business day your cash balance is “swept up,” and distributed amongst, one or more of Aspiration’s partner banks up to $246,500 per bank.

Here is a current list of Aspiration’s current Program Bank members (all members FDIC):

• Coastal Community Bank
• EagleBank
• Ion Bank
• Bremer Bank, NA
• ProgressBank
• Bank of New Hampshire
• Manufacturers Bank
• C3Bank, NA
• The Freedom Bank of Virginia
• Bridgewater Bank
• Nano Banc

If the $2.46m is exceeded, you will have an excess bank for this additional amount. Deposits in the Excess Bank will not be insured. Contact Aspiration at (800) 683-8529 if you are over this limit in one or more of the banks on this list or if you would like to alter your Priority List.

Though your money won’t be held at Aspiration, it can still be accessed as usual through Aspiration. A Spend and Save account is not technically a deposit account, so deposits into it need to be distributed into other deposit accounts in order to still receive insurance coverage.

Accessing Your Funds

Accessing your funds is simple and straightforward and on par with many online bank savings accounts and money market accounts. The following methods are allowed.

Depositing funds can be down via:

1. ACH Transfer
2. Wire transfer
3. Mailed check
4. Mobile-deposited check

Withdrawing funds can be down via:

1. ACH transfer
2. Wire transfer
3. Request a mailed check
4. ATM withdrawal
5. Point-of-sale withdrawal

Account Fees

Aspiration’s “Pay What is Fair” fee is certainly an interesting approach to fees. They simply state that you choose their fee.

They’re confident in their ability to bring you best in class digital financial products and in return they hope you will be kind enough to pay them something for the value you received. But you certainly don’t have to and the ball is entirely in your court. The fee you pay can be $0 for as long as you’re with them if you so choose.

Fee Schedule

Type	Fee
Monthly Maintenance	Pay what is fair
Minimum to Open	$10
ATM Withdrawal	$0
Overdraft	NA. The account won’t allow it.
Stop Payment	$0
Insufficient Funds	$0
Domestic Wires (In and Out)	$0.82 each
International Wire In	$2.50
International Wire Out	$15
Return Item Charges	$1.15 per item under $5,000 $5.33 per item over $5,000
Foreign Item Collection	$30 plus the foreign bank’s fees
Canadian Item Collection	$5
Expedited Debit Card	$35
Account Research	Free

You may write checks with an Aspiration Spend and Save, but you will need to order paper checks. Aspiration tries to be as environmentally friendly as possible, so you’ll have to go out of your way to get paper.

Aspiration Spend and Save at a Glance

The Aspiration Spend and Save account is a cash management account that is divided up into two plans – Aspiration and Aspiration Plus.

As mentioned, the regular Aspiration plan is free and has several noteworthy benefits. These include:

• An Aspiration Debit Card issued by Coastal Community Bank, based in Washington State.
• A guarantee your deposits won’t fund fossil fuel exploration or production
• 55,000 free in-network ATMs using Allpoint locations (found in Walgreens, CVS and Target)
• 3-5% cash back on Conscience Coalition purchases
• Personal impact score to help you shop to match your values
• Option to plant a tree with every purchase roundup
• FDIC insurance up to $2.46 million using bank sweep programs which “sweep” your funds up into member FDIC banks to leverage their FDIC insurance
• pay whatever monthly fee you think is fair (even if it’s zero)

The fact that the Aspiration Spend and Save account will never be used to pay for fossil fuel exploration or production is taking direct aim at America’s largest banks. The four leading banks in the U.S. — Chase, Wells Fargo, Citi, and Bank of America — are responsible for the most fossil fuel production by any banks in the world.

If you opt for the Aspiration Plus plan at $7/mo or $69/annually you have the ability to unlock more features and rewards. On top of all the bulleted items listed above, the Aspiration Plus plan will also include:

• 10% cash back on Conscience Coalition purchases
• Up to 5.00% APY on your savings up to $10,000
• Planet Protection which purchases carbon offsets to balance out your gas consumption. Drive all you want with a clear conscience!

Both the 10% cash back on Conscience Coalition purchases and the Planet Protection program are novel benefits and unique differentiators for Aspiration.

All Aspiration Spend and Save customers will be able to see their spending impact in the form of an impact score which not only gives you spending bonuses but also shows you how the companies you’ve supported use their profits to do social and environmental good.

Conscience Coalition Partners

Aspiration has teamed up with corporations that put morals and ethics at the heart of their business.

Every Conscience Coalition partner that Aspiration has is an impact leader. These companies achieve high scores on the Aspiration Impact Measurement (AIM) tool. These companies are made up of pioneers in giving, sustainability, workplace equality, or transparency.

Remember, when purchasing from these companies your cash back will vary based on your Aspiration plan. If you’re on the regular, free plan you’ll earn between 3 and 5 percent cash back and if you’re on the Aspiration Plus plan you’ll earn 10% cash back.

Planet Protection

It’s no secret that driving our cars is one of the biggest contributors to climate change. With the Aspiration Planet Protection program; however, you’ll be able to drive your car as much as you want with a clean and clear conscience.

The Aspiration Planet Protection program purchases carbon offsets based on every gallon of gas you purchase with your debit card. This means that regardless of what kind of car you drive, you can rest assured that Aspiration will be neutralizing your carbon output.

This feature is only available with the Aspiration Plus plan.

IRA and Sustainable Investing Fund

Aspiration also makes investing easy by offering users professionally managed funds that are 100% free of any fossil fuel investment(s).

If you utilize this service your money is placed in the redwood fund (REDWX) which only invests in companies with sustainable environmental and employee practices. A $10,000 minimum is required.

Aspiration also allows its users to open an IRA through Redwood IRA. The same investment principles apply in that they only invest in sustainable businesses and companies who care about their employees. A $10,000 minimum is required.

Customer Sentiment and Reviews

Customer satisfaction with this financial firm is mixed and fairly average overall. This cash management product comes through for users with competitive rates, high FDIC-insurance and simplicity, but some users are frustrated with how often rewards, rates, and features change.

Customer service is said to be good and accessible and the online banking platform is generally thought to be more than sufficient—easy to use and complete.

To reach a customer support representative, call (800) 683-8529 during business hours of 6 AM – 6PM Pacific Time Monday through Friday and 8 AM – 4 PM Saturday and Sunday. You can also follow the corporation on Twitter, Facebook, and YouTube.

The mobile app for this firm is well-liked. The Aspiration app for Apple devices has a 4.8 star rating on the App Store and for Android devices has a 4.2 star rating on Google Play.

Are you a checking customer with HSBC yet? This could be good news for you. If you open a new eligible checking account with HSBC right now, you can qualify for a cash bonus of up to $500.

To be eligible for this bonus, you need to meet requirements for direct deposit transfer activity and cannot be an existing checking account customer with this bank. Is this checking account offer right for you? Let’s talk about why or why not.

How to Get a $500 Bonus

To qualify for the $500 welcome offer, you must open a new HSBC Premier Checking account. Then, you need to do the following:

• Receive a total of at least $10,000 in direct deposit transactions per month for three consecutive months after opening your account, starting with the second month your account is open.

After meeting this requirement, you will automatically receive your welcome bonus within eight weeks of qualifying. The direct deposit transactions must come from a third party such as an employer payroll or regular ACH transfer. Internal transfers, mobile deposits, and ATM deposits do not count.

There is no minimum balance or other activity requirement to qualify.

You must be a U.S. resident and at least 18 years old to be eligible for this offer. You will not qualify if you are an existing customer with HSBC (including checking and investment accounts) or had a deposit or investment accounts between March 31, 2019 and March 31, 2022, even if the account has since been closed. If you accept this offer, you will not be able to qualify for a future welcome offer with HSBC.

Be sure to use this link when opening your account to apply for the bonus offer. Note that this offer is only available online.

This offer is valid from now through June 30th, 2022. Open your account by this date to qualify. The account must be open and in good standing when the bonus is applied to your account.

HSBC Premier Checking Account Details

There is a $50 monthly maintenance fee that can be waived in one of three ways: 

• Maintaining an average daily balance of at least $75,000 across all your personal deposit and investment accounts with HSBC,
• Receiving at least $5,000 in recurring direct deposit transactions per calendar month, or
• Having an HSBC U.S. residential mortgage loan worth at least $500,000 when you opened it.

The fee will also be waived for you if you maintain Jade or Private Bank status. To reach Jade status, you need a combined relationship balance of at least $1,000,000 and this checking account needs to remain in good standing. To reach Private Bank status, you need an invitation from HSBC and your account will be reviewed by your Relationship Manager to determine your eligibility. You can ask about your eligibility without an invitation.

There are no minimum deposit or monthly balance requirements for this account.

This account includes up to five fee rebates per statement period when you use your debit card at non-HSBC ATMs and incur surcharges. You will not need to pay fees when using in-network ATMs in the U.S.

Technically speaking, this is an interest-bearing checking account. But it only earns 0.01% on all balance tiers at the moment, so it’s nothing to write home about. You need to have at least $5 in your account to earn interest. The national average rate for an interest checking account sits at 0.03%.

Note that the monthly direct deposit transfer requirement to qualify for the bonus offer is not the same as the minimum monthly direct deposit requirement to and waive the $50 maintenance fee. In other words, you can’t count the same direct deposit transactions twice to get the bonus and have the fee waived.

Opening an HSBC Premier checking account can start a Premier relationship with HSBC that comes with perks like professional support from a dedicated Relationship Manager, higher interest rates on savings accounts, and global perks like international banking services.

What about that higher savings yield? This account qualifies you for a relationship interest rate for the HSBC Premier Relationship Savings account. The relationship interest rate is currently 0.50% across all balance tiers. 

After linking your checking account with this savings account, you need to meet one of the following requirements each month to earn the relationship rate:

• Spend at least $500 with your HSBC Premier Debit World Mastercard or HSBC Debit Card on any transactions, excluding ATM withdrawals
• Receive at least $5,000 in qualifying direct deposit transactions into your HSBC Premier Checking account
• Have an HSBC U.S. residential mortgage loan worth at least $500,000 when you opened it
• Maintain Jade status

Otherwise, the standard APY for this savings account is just 0.05%. The national average rate for a savings account is 0.05% at the moment, for reference.

The HSBC Premier Debit World Mastercard charges no foreign transaction fees and you will not pay fees at most international HSBC ATMs.

Consider the HSBC Premier Credit Card to earn two points per dollar on all travel purchases and benefits like a TSA Pre-Check credit, phone protection up to $600, and global Wi-Fi.

Final Thoughts

This is a better bonus than most checking accounts are offering and that’s because it’s a bit harder to qualify for. This isn’t your average checking account. Far from free and certainly not basic, this account would be a good fit for anyone looking to do international banking or for premier customer service features. The HSBC Premier Checking account is pretty much your ticket to HSBC Relationship status.

This is not the account for you if you want a free and/or high-yield checking account. The $500 account bonus for new HSBC Premier Checking accounts is currently the only checking account offer available with HSBC.

In 2019, SunTrust Bank merged with BB&T (Branch Banking and Trust Company) to become Truist, now the sixth-largest bank by total assets in the U.S.

If you’re interested in becoming a customer, this could prove to be pretty lucrative. New customers who open an eligible Truist checking account can qualify for a cash bonus of up to $500. Read the fine print here and find out if an account with this bank is a good fit for your money and goals.

How to Get the $500 Bonus

Now through April 30th, 2022, you can qualify for a $500 cash bonus when you open a new qualifying checking account. 

These include the Truist Dimension Checking account, the Truist Bright Checking account, and the Truist Fundamental Checking account. There are only two things you need to do to get the bonus.

• First, you must enroll in this offer using the promo code TR1CHK22B to be eligible for this promotion when opening your new account.
• Next, you must successfully link direct deposit and receive at least $1,000 between two qualifying transactions in the first 90 days of having the account.

After meeting these requirements, you will receive your $500 automatically within four weeks of qualifying. All of these accounts can be opened fully online or you can present your promo code at a Truist branch location.

You will not be eligible for this bonus if you currently have a checking account with Truist Bank or have had a personal checking account with Truist Bank, BB&T, or SunTrust Bank and closed it on February 1st, 2021. 

Also, you must be a resident of one of the following states to qualify: Alabama, Arkansas, Georgia, Florida, Indiana, Kentucky, Maryland, Mississippi, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, and DC.

Read more about each of the three qualifying checking accounts below.

Related: See 2022’s best checking account bonuses that do not require direct deposit set up.

Truist Dimension Checking Account

The minimum deposit required to open a new Truist Dimension Checking account is $50.

This account charges a $20 monthly maintenance fee that can be waived in one of three ways:

• Receiving at least $3,000 in direct deposit transactions per month or maintaining an average daily balance of $10,000 or more
• Having a personal Truist mortgage, credit card, or consumer loan (including LightStream products)
• Linking a Truist Small Business checking account with this account (eligible accounts include Truist Dynamic Checking, Business Interest Checking, Simple Business Checking, and Business Value 200)

The Dimension Checking account includes rewards that are determined by your tier with Dimension Premier being the highest rewards level. Your rewards level correlates with your account balance and comes with a certain amount of perks.

	Balance	Credit Card Bonus	Annual Fee	ATM withdrawals
Dimension Core	$0 – 25,000	10%	$95	1
Dimension Select	$25k – 100k	25%	$75	3
Dimension Premier	$100k+	50%	$25	Unlimited

The credit card loyalty bonus applies to the Truist Enjoy Cash credit card. This credit card earns 3% cash back on all gas purchases, 2% on utilities and groceries, and 1% on everything else. Or, you can opt instead to receive 1.5% cash back on everything (note that you must decide how you want to earn when opening and can’t change it later). There is no annual fee for this card and your loyalty cash bonus will be deposited  

New Delta SkyMiles Debit Cards are only available to Truist Dimension Checking and Wealth and Truist Asset Management Account Checking users. With the Dimension Checking account, you will earn one mile for every $2 you spend using your debit card for point-of-sale and signature-based purchases, plus an extra mile per $2 when you make travel purchases directly through Delta. You can earn up to 4,000 miles every 30 days with this card.

In addition to perks that are determined by your rewards level, this account comes with benefits for all users. These include having the monthly maintenance fee waived for a Truist Savings account, a $25 discount on safe deposit boxes, and having the monthly fee waived for up to four other Truist checking accounts when linked with this account. You can also activate Overdraft Protection to avoid fees.

This account also earns interest at a current rate of $0.01 across all balance tiers. To earn interest, you just need to maintain a positive balance in your account.

Truist Bright Checking Account

The minimum deposit required to open a new Truist Bright Checking account is $50.

This account charges a $12 monthly maintenance fee that can be waived in one of two ways:

• Receiving at least $500 in direct deposit transactions per month
• Maintain an average ledge balance of $1,500 or more

This is an everyday checking account with benefits such as overdraft protection services, free ATM transactions when you use in-network Truist ATMs, and bill pay features. 

If you opt in to Overdraft Coverage, Truist may cover transactions and withdrawals that overdraft your account and you will be expected to repay this. If you do not, transactions that would cause your account to have a negative balance are automatically declined. If you opt in to Overdraft Protection, Truist will withdraw funds from your linked deposit account to cover overdrafts at a fee of $12.50 per transfer (waived if you overdraft by less than $5).

The Truist Bright Checking account does not earn interest and there are no rewards tiers. This account is best for you if you plan to set up direct deposits, which you need to anyway to get the $500 bonus.

Truist Fundamental Checking Account

The minimum deposit required to open a new Truist Fundamental Checking account is $50.

This account charges a $5 monthly maintenance fee ($3 if you live in New Jersey) that cannot be waived regardless of your balance or activity. There is no minimum balance requirement for this account. 

The Truist Fundamental Checking account does not earn interest. The overdraft coverage and protection services mentioned above for the Truist Bright Checking account are also available for this account, with the same fees and requirements. Other than that, there are no additional benefits or rewards.

It’s a really basic checking account overall. There are many free checking accounts out there with similar features, so we don’t recommend this option for your primary checking needs. 

With that said, this could be a good choice for your first checking account or for teens to open jointly with a parent or guardian. There are more rewarding accounts out there for this, but the bonus offer could make it worth it.

Final Thoughts

If you’re looking for a checking account with a competitive interest rate, you won’t find it with Truist Bank. But this is one of the better bonus offers we’ve seen in a while considering the requirement is to receive just $1,000 in direct deposit transactions within 90 days. $500 is nothing to scoff at, especially when it’s this easy to get.

Although these checking accounts aren’t free, they are good options if you want rewards. With travel perks like a discounted Delta SkyMiles debit card and earning bonuses when you use your credit card, plus a variety of ways to waive the fee, we recommend the Truist Dimension Checking account.