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Newest SunTrust Promotions, Bonuses and Offers: August 2020

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SunTrust Bank serves customers in the Southeast and Mid-Atlantic regions, including Florida, Georgia, Alabama, Arkansas, Maryland, North Carolina, South Carolina, Mississippi, Tennessee, Virginia and Washington, D.C. Although SunTrust merged with BB&T last year to form Truist, it still operates as an independent bank and continues to offer cash bonuses to new customers who sign up for certain accounts.

A GOBankingRates survey found that most respondents don’t consider promotions a good reason to choose a bank. More than 65% said they’ve never looked at other banks’ promotions.

Rather than join that crowd, take a closer look at the current SunTrust Bank promotions. This guide gives you the details on the following:

SunTrust Bank Promotions at a Glance

Here’s a quick look at the SunTrust promotions available this month:

Best SunTrust Promotions: August 2020
Account Cash Value of Bonus Expiration Date
Travel Rewards Credit Card Up to $350 None
Prime Rewards Credit Card $100 None

Best SunTrust Promotions: August 2020 Account Cash Value of Bonus Expiration Date Travel Rewards Credit Card Up to $350 None Prime Rewards Credit Card $100 None

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Current SunTrust Bank Promotions

SunTrust’s current promotions include cash bonuses for select credit card accounts. While there aren’t any checking, savings or business account promotions for this month, subscribe to Keep reading for more details.

Best Credit Card Account Promotions

If you’re an existing customer with a checking account, you can take advantage of the latest SunTrust offers for credit cards. You can earn up to $350 in statement credits while enjoying the cards’ other benefits.

Travel Rewards Credit Card: Up To $350 Bonus

The SunTrust Travel Rewards Mastercard is a good choice for customers who seek travel-related benefits and earnings. It comes with no foreign transaction fees and the opportunity to earn up to 3% cash back on purchases.

New account holders can earn a $250 statement credit, as well as a $100 statement credit for TSA Precheck or Global Entry every five years. They can also get an introductory 0% annual percentage rate for 15 months on balance transfers.

Here’s more about the bonus:

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Prime Rewards Credit Card: $100 Bonus

You can earn 1% cash back with the SunTrust Prime Rewards credit card and redeem your rewards as cash, gift cards or free travel. You’ll also get an introductory three-year balance transfer interest rate at the prime rate with no balance transfer fee in the first 60 days, saving you an additional 3%.

New cardholders get a $100 statement credit when they meet certain criteria. Here’s more:

Best Checking Account Promotions

Unfortunately SunTrust isn’t offering any checking account promotions at this time. If you’re in the market to open a bank account, there are a number of banks offering free money and perks for opening an account.

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Best Business Account Promotions

Unfortunately SunTrust isn’t offering any business checking account promotions at this time.

Past SunTrust Bank Promotions

You may have missed out on these past promotions, but knowing what previous Suntrust offers were available can help you gauge what may be available in the future.

SunTrust Essential Checking: $200 Bonus

SunTrust Essential is more than just a basic checking account. It comes with features like fee-free online and mobile banking, debit card security controls and complimentary identity theft protection.

You can earn a $200 bonus when you open this account and meet certain criteria. Here’s more information:

SunTrust Advantage Checking: $400 Bonus

SunTrust Advantage Checking is an interest-earning checking account with tiered benefits based on your account balance. This account offers complimentary official checks and money orders and a discounted safe deposit box.

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You can earn an extra $400 when you open an Advantage Checking account and meet certain requirements. Here are the details:

SunTrust Business Checking: $200 Bonus

Business customers can choose from three checking accounts for small business owners: Simple Business Checking, Primary Business Checking and Business Advantage Checking. Each account comes with perks like loyalty cash bonuses, personal checking accounts for business owners and options for waiving the monthly maintenance fee.

When you open one of these accounts, you’re also eligible to earn a $200 bonus. Here’s how:

How To Open a Suntrust Account

You can open a SunTrust account online or at a local bank branch. You’ll need to provide the following information:

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How To Fund Your New Account

You’ll also need to fund your account when you open it. There are three ways to do so:

Is Now the Time To Make the Switch to SunTrust?

If you’re not a current SunTrust customer, there’s still time to cash in on lucrative bonuses on personal or business checking accounts. SunTrust is an especially attractive option if you’re a small business owner who appreciates the convenience of doing your personal and business banking at the same place.

Like other banks, the best SunTrust bonuses are reserved for customers with the highest balances, but even the basic accounts come with perks that are worth checking out. With SunTrust you’ll have access to a full-service bank that offers checking and savings accounts, credit cards, loans and other products and services.

Information on promotions was sourced from banks’ websites on June 3, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by SunTrust. 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 SunTrust.

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