Truist One Checking Review: Practical Perks and a Bonus

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Quick Take: The Truist One Checking account offers generous bonuses on cash-back rewards to customers who also have an eligible Truist credit card. There are no overdraft fees and an easy-to-waive monthly fee. Opening a new Truist One Checking account could also earn you a bonus of $400 when you meet the requirements.

Truist One Checking Overview

Truist offers a checking account with a low monthly fee of $12, which is easily waived. Headquartered in North Carolina, the bank has over 2,000 branches across 17 states and Washington, D.C. Formed by the merger of BB&T and SunTrust, Truist is now the eighth-largest commercial bank in the U.S.

Key Features

Here’s a look at some of the standout features of a Truist One Checking account.

Fees

Truist One Checking has a low monthly fee of $12, which you can waive in a few ways:

• With total qualifying direct deposits of $500 or more per statement cycle
• Maintaining a total combined ledger balance of at least $500 across your Truist related accounts
• Having a personal Truist credit card, mortgage or consumer loan, including LightStream®
• Linking a small-business checking account
• If you are under the age of 25 or age 62 and older
• If you are a student

There are no overdraft fees and no ATM fees for using in-network ATMs.

Rewards

You can earn rewards with a Truist One Checking account. Truist offers a 10% to 50% bonus on cash back or rewards points you earn on purchases made with an eligible Truist credit card. Your earnings will depend on your level or account balance. For an annual fee of $25 to $95, you can request a Delta SkyMiles debit card and earn miles on qualifying purchases.

If you are interested in opening a new Truist One Checking account, you could earn a bonus. After opening your account online, you will need to complete two direct deposits totaling $2,000 or more within 120 days. Doing this could earn you $400. Keep in mind that this offer is good through Jul. 9, 2026.

ATM Options

Truist has a large number of ATMs — more than 3,000 — which makes banking on the go easy. You can use the locator on Truist’s website to find an ATM closest to you. Account holders can avoid ATM fees by using Truist-specific ATMs. If you find yourself at a non-Truist ATM, you will have to pay a $3 fee.

Features

In addition to earning rewards on Truist credit card purchases, Truist One Checking account holders also get a $25 annual fee discount on a safe deposit box and free checks. Customers who qualify for the $100 Negative Balance Buffer can also overdraw their checking account up to $100.

How Truist One Checking Stands Out

Truist offers a straightforward checking option with no overdraft fees and a $100 overdraft cushion to qualified customers. The $400 bonus, which is available now through Jul. 9, 2026, makes Truist worth considering if you can meet the direct deposit requirements.

Comparable Checking Account Options

With plenty of traditional and online banking options to choose from, selecting a checking account isn’t always easy. How does Truist stack up against some of the other largest banks in the U.S.?

Chase Total Checking®

Chase, the largest bank in the U.S., is currently offering a $300 sign-up bonus when you set up direct deposits totaling at least $500 within the first 90 days of account opening. Chase also charges a monthly fee of $12, which you can waive in a few ways:

• With direct deposits of $500 or more
• A beginning daily balance of $1,500 or more
• An average beginning day balance of $5,000 or more in the account and qualifying linked Chase accounts

With a nationwide presence, Chase has more branch locations and ATMs than Truist.

Wells Fargo Everyday Checking

Wells Fargo, another of the Big Four banks in the U.S., offers a bonus of $300 on its Everyday Checking account. You can qualify for this bonus by opening a new account with a minimum deposit of $25 and receiving at least $1,000 in qualifying direct deposits within 90 days of opening the account. The Everyday Checking account has a $10 monthly fee, which can be waived with a $500 minimum daily balance or $500 in qualifying direct deposits. Wells Fargo offers its checking account free to those ages 17 to 24.

How To Apply

You can apply for a Truist One Checking account online or in person at a branch. However, you must open the account online and enter a promo code to qualify for the $400 bonus. You’ll need to make an opening deposit of at least $50 and provide your contact information and Social Security number, two years of address history, and employment and income information.

Who the Truist One Checking Account Is Best For

A Truist One Checking account is best for those who want to avoid the possibility of overdraft fees and can meet the requirements for waiving the monthly fee. If you carry a Truist credit card, you can take advantage of bonus rewards with your Truist One Checking account.

Final Take

Truist One Checking offers significant benefits for its customers, including generous rewards, no overdraft fees and a low monthly fee that you can waive easily. If you think it is a good checking account option for your needs, see if you can meet the requirements to earn the $400 bonus. Just look past the bonus offer to the account’s features and fees to determine if it’s the best account for you. You can find attractive new account bonuses at other banks that might meet your needs better.

Andrea Norris contributed to the reporting for this article.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

The information related to Chase Total Checking was collected by GOBankingRates and has not been reviewed or provided by the issuer of this product. Product details may vary. Please see the issuer’s website for current information. GOBankingRates does not receive commission for this product.

The Monthly Maintenance Fee (MMF) can be waived for the Truist One Checking account for each statement cycle by any one of the following:
Maintenance fees are waived for primary account owners under the age of 25 or age 62 and older.
Making $500 or more in total qualifying Direct Deposits per statement cycle. A qualifying direct deposit is an electronic credit via ACH deposited to your account during the current statement cycle. Pre-authorized transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device, debit card/prepaid card number or the mail are not eligible to meet this requirement.
Maintain a total combined ledger balance of $500 or more in your Truist related accounts. Related accounts automatically include all applicable accounts associated with primary and secondary account owners. Your total combined ledger balance is the sum of the actual balances of all your Truist related accounts across personal deposit accounts (checking, savings, money market, CD, or IRA) and brokerage accounts introduced through Truist Investment Services, Inc. (TIS) including TIS accounts managed by Truist Advisory Services, Inc., as reflected on the business day before your statement cycle end date (the actual balance in your account does not reflect any holds or pending transactions). Truist HSA is excluded from total combined ledger balance.
Having a personal Truist credit card, mortgage or consumer loan, including LightStream®.
Having a linked Small Business Checking Account. Eligible Small Business account types include: Truist Dynamic Checking, Business Interest Checking, Simple Business Checking and Business Value 200.
Primary account owner is a student. The waiver for a student requires they are listed as the primary account owner and they provide their anticipated graduation date. The waiver expires on the provided graduation date. On this date, the account is subject to the Monthly Maintenance Fee unless at least one waiver criterion is satisfied.

The Balance Buffer is only available with Truist One Checking and allows clients to overdraw their account up to $100. There is no decision required as this feature is automatically available when a client qualifies.
To INITIALLY QUALIFY for the Balance Buffer, the requirements below must be met:
-Account must be opened for a minimum of 35 calendar days
-Account must be funded with a positive balance
-A single direct deposit of at least $100 made within the last 35 calendar days
To REMAIN QUALIFIED for the Balance Buffer, the requirement below must be met:
A single direct deposit of at least $100 made within the last 35 calendar days. After qualifying, if 35 calendar days pass without a Direct Deposit of at least $100, you will no longer have access to the Balance Buffer.
For accounts that qualify for the Balance Buffer, once the account is overdrawn by $100, additional transactions will typically be declined or returned.
For accounts that qualify for the Balance Buffer and also have Overdraft Protection, Truist will use the Balance Buffer first. If the account has neither, transactions that exceed the account balance will typically be declined or returned.

Terms and Conditions for Truist One Checking Affiliate $400 Online Offer Q2 2026: AFL400TR1Q226
Offer Information: Open a new Truist One Checking account online from 3/26/26 through 7/9/26, complete the following activities within 120 days of the account opening and earn $400. You must open the account online and enter the promo code to be eligible to participate in the promotion.
-Receive at least two qualifying direct deposits* totaling $2,000 or more AND
-Complete at least 20 qualifying debit card purchases** within 120 days of account opening. All debit purchases must be posted to your account to qualify.
Account must be opened online. Enrollment in the promotion is required at the time of account opening using promo code AFL400TR1Q226. Please refer to the Account Opening and Enrollment section below for full instructions.
*A qualifying direct deposit is an electronic credit (greater than $5.00) deposited into your new checking account via ACH. Person to person payments (such as Zelle®), Real Time Payments (RTP), pre-authorized transfers made from one account to another, or deposits made via a branch, ATM, online transfer, mobile device, debit/prepaid card number or the mail are not eligible direct deposits.
**Qualifying debit card purchases include any purchase made with a Truist debit card and posted to the new checking account within 120 days of account opening. ATM withdrawals using your debit card are not qualifying transactions. Zelle® transactions are not qualifying transactions. Bank fees are not included.
Offer Eligibility: Clients that are the primary account holder on an existing personal checking account with Truist or who have closed a personal checking account with Truist on or after 3/26/25 are not eligible to participate. Offer valid for Truist One Checking accounts only. Primary account holder must be 18 or older at the time of account opening. Truist employees, Directors, Officers, and Local Boards/Advisors are not eligible. Offer available only to US residents with a valid US taxpayer identification number. The qualifying checking account must be opened online and have a physical address in: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.
Reward Processing: The reward will be deposited to the new checking account within 4 weeks after the qualification requirements have been met and verified. Promotion is only applicable once per checking account and per client. Truist may report the value of any offer reward received to the IRS as required by law. Any applicable taxes are the responsibility of the recipient.
Reward Forfeiture: Reward forfeiture will occur if: (1) the new checking account is changed to an account type not included in this client offer (2) the new checking account has a $0.00 or negative available balance or is restricted at the time Truist verifies the qualification requirements have been met or (3) the new checking account is closed at the time of payout. An account is considered restricted if it has a temporary or permanent block that prevents credits from posting to the account. Truist verification will occur one time after the qualification requirements are initially met.
Other Terms: Minimum opening deposit is $50. The offer is non-transferable, may not be combined with any other checking offers, is subject to change, and may be discontinued at any time. Truist reserves the right, in its sole discretion: 1) to prohibit a reward payout for any offers claimed through third-party websites with no affiliation or prior authorization from Truist; and 2) to disqualify any account if Truist suspects accounts are being opened for the purpose of exploiting this promotional offer. All standard account terms and conditions apply.
Account Opening & Enrollment Instructions: To open and enroll your new account in the promotion, visit the offer website and click on “Open an account online.” Enter AFL400TR1Q226 into the promo code field provided, review the offer Terms and Conditions, and then select “Accept this offer”. Accounts opened without the promo code applied will not be eligible to participate in the offer. Once enrolled in the promotion, clients may receive promotional updates via the email address provided or by calling 800.709.8700.
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©2026 Truist Financial Corporation. TRUIST, the Truist logo and Truist Purple are service marks of Truist Financial Corporation. All rights reserved. Truist Bank, 214 N Tryon St., Charlotte, NC 28202.

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