Since this is all about the facts, we want to make sure you understand what the fees are for the services that we offer, and what your options are to avoid paying the unnecessary ones.
The ways you're able to avoid fees depend on which account(s) you have. That's why choosing the right account for your banking needs is important.
Below is an overview of the different fees related to account maintenance and using your account’s features and services. We’ll also explain how you can easily avoid them.
A monthly maintenance fee is a standard fee charged for maintaining your account and providing you with features and services.
All of our checking and savings accounts offer ways to avoid monthly maintenance fees.
Find the one that can help you save money each month and increase your financial well-being. Click below to view an account-by-account breakdown of these fees and how to avoid them:
With your savings account, there are transaction limits that you will want to be aware of to avoid excessive withdrawal fees. An excessive withdrawal fee is charged when you exceed a certain number of transactions in a month. This includes debit card transactions, checks, electronic transactions (ACH), automatic payments, bill payments, Overdraft Protection transfers, wire transfers, and deposit funds transfers completed through Online or Mobile Banking.
Review our Personal Savings Accounts to ensure that you’re aware of the transaction limits for your specific account and know how to avoid unnecessary fees.
As a SunTrust client, you'll have no-fee access to our 2,000+ ATMS.12 Plus, if you have an Advantage Checking account, there is no SunTrust fee for three non-SunTrust ATM transactions per statement cycle.13
In the event you need to stop a transaction before it's complete, like a check you've written, a pending ACH transaction or even a Zelle® transfer, a $36 fee will be issued.
If you deposit a check, but the account that the check came from doesn't have the funds to cover the amount, you will be charged a fee. $12.50 for domestic checks that are returned unpaid, and $40.00 for international checks.
1 Minimum daily total deposit balance: The sum of the combined daily collected balances in the Balanced Banking account and linked personal deposits including checking, savings, money markets, CDs (excluding SunTrust Index Linked CDs [SILCs]) and IRAs (excluding SunTrust Investment Services, Inc. IRAs).
2 Banking Transactions include: Deposit and withdrawal transactions made (includes transactions such as those made with the assistance of a teller, at an ATM, or by Direct Deposit, mobile device, wire transfer, Online Banking transfer, automatic transfer, telephone transfer, Zelle® transfer, ACH debit or credit, online bill pay, mobile bill pay, check, or Debit Card purchases including PIN Point of Sale [POS] and signature-based purchases). These transactions must be posted to your account during the statement cycle. Bank fees and overdraft protection transfers are not included.
3 A qualifying Direct Deposit is an electronic credit to your account of your salary, pension, Social Security or other regular monthly income totaling $500 or more deposited to your account during the current statement cycle by your employer or an outside agency. Transfers from one account to another or deposits made at a banking location or ATM do not qualify as a Direct Deposit.
4 The Essential Checking Student Waiver provides a checking account with no monthly maintenance fee for up to 5 years. Any individual is qualified as a student if they are currently attending High School, College/University, or Technical/Trade Schools. Proof of active enrollment in a qualifying educational institution is required. The Student Waiver is applied automatically at account opening and based on Account Opening Date. The Student Waiver cannot be applied/added-on to a checking account once it is opened.
5 Any maintenance fees will be assessed on the following month’s statement unless at least one of the following criteria is met:
6 Electronic/Online statement provided through Online Banking each statement cycle. Clients must select the option to no longer receive paper account statements through U.S. mail. If a client does not select the option to opt out of paper statements in Online Banking a paper statement fee will be charged. Online Banking is required to access paperless online statements.
7 The $7 Monthly Maintenance Fee is waived for the Select Savings account for each statement cycle in which an incoming electronic transfer or electronic deposit totaling at least $25 occurs OR a minimum daily collected balance of $1,000 is maintained. ATM transactions and over-the-counter transactions do not apply. Please see the Fee Schedule at suntrust.com/disclosures for further details.
Minimum daily total deposit balance: The sum of the combined daily collected balances in the Balanced Banking account and linked personal deposits including checking, savings, money markets, CDs (excluding SunTrust Index Linked CDs [SILCs]) and IRAs (excluding SunTrust Investment Services, Inc. IRAs).
8 The $17 Monthly Maintenance Fee is waived for the Advantage Money Market Savings account for each statement cycle in which an incoming electronic transfer or electronic deposit totaling at least $100 occurs OR a minimum daily collected balance of $10,000 is maintained. ATM transactions and over-the-counter transactions do not apply. Please see the Fee Schedule at suntrust.com/feeschedule for further details.
9 The excessive withdrawal fee applies to items such as ATM, point-of-sale, over-the-counter withdrawals, ACH and telephone funds transfer transactions. Applicable fees assessed at the time of withdrawal. The excessive withdrawal fee is assessed, regardless of the balance, if more than six pre-authorized, telephone funds transfers or third-party transactions are paid during the statement period.
10 For savings accounts, an excessive withdrawal fee of $6 is assessed regardless of balance, for each excessive withdrawal if more than six withdrawal transactions are paid during the monthly statement cycle or a calendar month for quarterly statements with a maximum of 6. Applicable fees are assessed at the time of withdrawal. Please see Fee Schedule for further details.
11 For Advantage Market Savings accounts, an excessive withdrawal fee of $15 is assessed regardless of balance, for each excessive withdrawal if more than six pre-authorized, telephone funds transfers or third party transactions are paid during the statement cycle with a maximum of 6. Applicable fees assessed at the time of the withdrawal. Please see Fee Schedule for further details.
12 ATMs: No fees for SunTrust ATM use. Fees apply for ATM-printed statements or mini-statements.
13 For Up to three SunTrust fees assessed for transactions done at non-SunTrust ATMs are waived and three ATM surcharge fees will be refunded for Advantage Checking accounts per statement cycle.
SunTrust Private Wealth Management’s Global Perspective provides a view of the latest global economy and market events. Read the latest report here.
The SunTrust Weekly Market Monitor provides a view of last week’s market events.
Chief Market Strategist Keith Lerner discusses the balancing act between negative and positive forces in the latest market outlook from the SunTrust Investment Advisory Group.
Organizations should be prepared to review non-cash gifts such as stock, real estate or household items. To ease this process, every organization should draft a gift acceptance policy.
Strategic planning is critical for not-for-profits. But organizations need to understand how to use strategic planning effectively to benefit the long-term health of their organizations.
Investment and Insurance Products:
Are Not FDIC or any other Government Agency Insured Are Not Bank Guaranteed May Lose Value
© 2019 SunTrust Banks, Inc.
Equal Housing Lender. SunTrust Bank - NMLS #93471Link opens a new window. Member FDIC.
SunTrust, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are trademarks of SunTrust Banks, Inc. All rights reserved. All other trademarks are the property of their respective owners.
Services provided by the following affiliates of SunTrust Banks, Inc.: Banking products and services are provided by SunTrust Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank, SunTrust Delaware Trust Company. Securities, brokerage accounts and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered adviser. GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank, and loans are made by SunTrust Bank.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRALink opens a new window and SIPCLink opens a new window, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups and GenSpring are marketing names used by SunTrust Bank, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRALink opens a new window and SIPCLink opens a new window.