Newest BB&;T Promotions: Best Offers, Coupons and Bonuses August 2020

See the valuable bonuses for new BB&T credit card customers.

BB&T is a full-service bank that merged with SunTrust to form Truist in 2019, but both banks continue to operate independently and run their own promotions. In June, customers looking for a new credit card can take advantage of several BB&T bank promotions that will put extra money in their pockets. No BB&T coupon codes are required.

A surprisingly high number of Americans don't consider switching banks just for a signup bonus or other perks. According to a GOBankingRates survey, nearly two-thirds of respondents said they would stick with their current banks even if offered cash to make a change.

Rather than miss out on the chance for free money, take the time to check out the signup bonuses offered by BB&T. Here's what you'll learn in this guide to BB&T's June 2020 promotions:

BB&T Promotions at a Glance

BB&T offers checking and savings accounts, credit cards, loans, insurance products and retirement planning. This month's promotions are limited to credit cards, however. Here's a closer look:

Best BB&T Bank Promotions: August 2020
AccountCash Value of BonusExpiration Date
BB&T Bright Credit CardVaries depending on balance and spendingNone
BB&T Spectrum Cash Rewards Credit CardVaries depending on rewardsNone
BB&T Spectrum Travel Rewards Credit Card$200None

More on Checking: 10 Banks Offering Free Checking With No Minimum Balance

BB&T Bank

Current BB&T Promotions

This month's BB&T bonuses are available to customers who apply and get approved for select credit cards. Keep reading to find out the details.

BB&T Bright Credit Card Offer: No Interest on Purchases and Balance Transfers for 15 Months

You can save a lot of money with this BB&T offer, depending on how much you spend on the credit card during the promotional period and how soon you can pay off the balance.

Customers who sign up for a BB&T Bright Visa card will enjoy a 0% annual percentage rate on purchases and transfers for a full 15 months -- all with a card that has no annual fee. This is a great deal if you need to make a big-ticket purchase or have a balance you want to transfer from a credit card with a high APR.

Here's more:

  • Cash value: Depends on card balance
  • Minimum spend to qualify: N/A
  • Expiration date: None
  • How to get it: Apply and get approved for the card online, then use it to make purchases or transfer another credit card balance.
  • When you'll get it: After you're approved
  • Terms and conditions: Subject to credit approval; balances remaining after promotional period subject to the standard APR between 11.24% and 20.24%
  • Annual fee: None
  • Promotion pageBB&T Bright Credit Card offer

BB&T Spectrum Cash Rewards Credit Card Offer: 10% Cash Bonus on Rewards

The BB&T Spectrum Cash Rewards Visa offers 3% cash back on gasoline, 2% back on home utilities and groceries, and 1% back on everything else. There are many ways to redeem the earnings you rack up, including applying them toward your credit card bill or converting them to gift cards.

If you deposit your rewards into a BB&T checking or savings account, the bank will credit you with a 10% cash bonus. Here's how:

  • Cash value: Depends on rewards; you'll get an additional 10% of rewards redeemed into BB&T accounts.
  • Minimum spend to qualify: $500
  • Expiration date: None
  • How to get it: Apply and get approved for a Cash Rewards credit card, then earn cash-back rewards and redeem them by depositing the rewards into your BB&T checking or savings account. BB&T will add another 10% cash to your bank account.
  • When you'll get it: When you deposit your redeemed amount into your account
  • Terms and conditions: Subject to credit approval
  • Annual fee: None
  • Promotion pageBB&T Spectrum Cash Rewards Credit Card bonus offer

BB&T Spectrum Travel Rewards Credit Card Offer: $200 Bonus

If you love to travel, you'll love the benefits that come with the Spectrum Travel Rewards credit card. With this promotion you can earn 20,000 bonus miles with a $200 cash value.

Other perks include an $85 statement credit for use toward your TSA Precheck or Global Entry application and an annual $50 incidental credit you can spend on checked bag fees, in-flight meals and more.

Here are the details:

  • Cash value: $200
  • Minimum spend to qualify: $2,000
  • Expiration date: None
  • How to get it: Apply and get approved for a Spectrum Travel Rewards credit card and spend $2,000 in the first 90 days.
  • When you'll get it: Not specified
  • Terms and conditions: The card is subject to credit approval. The $50 travel bonus for incidentals is annual, whereas the $85 statement credit is available every four years.
  • Annual fee: None
  • Promotion pageBB&T Spectrum Travel Rewards credit card bonus offer

More on the Balancing Act: Why and How To Balance a Checkbook

How To Open a BB&T Account

You can open a BB&T account at a local branch or online. Here's what you'll need to provide:

  • Contact information
  • Social Security number
  • Driver's license or state ID
  • An opening deposit by providing your bank's routing number and bank account number for a money transfer, or by providing a debit or credit card number

Everything You Need To Know: How To Open a Bank Account Online

How Much Money Will BB&T Give You for Opening an Account?

The amount of money you can get for opening a BB&T account depends on the account and the month. For June, the bank isn't offering cash bonuses for opening checking or savings accounts, but that could change in the future. As for current offers, you can earn $200 just for opening a credit card account.

The card offers outlined above are worthwhile if you expect to make a large purchase you'd like to finance with a 0% APR for 15 months, or if you travel regularly and could benefit from the travel bonuses. If you don't have a good credit score, however, you're better off cleaning up your credit before pursuing the current BB&T bonuses.

Check back each month for updates and new promotions as they are available. If you're looking for other types of promotions, such as checking or savings account bonuses, there are also a number of other banks offering promotions this month.

This content is not provided by BB&T Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by BB&T Bank.

This article has been updated with additional reporting since its original publication.

About the Author

Cynthia Bowman

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.

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