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Mortgage Relationship Rewards

At SunTrust Mortgage, we value and understand the importance of relationships. That’s why our valued clients enjoy special offers, savings and valuable discounts through our Mortgage Relationship Rewards Program.

Frequently Asked Questions

How can I enjoy greater savings through Mortgage Relationship Rewards?

We offer several avenues for greater savings, including discounts on other bank services such as auto loans, home equity lines/loans, personal banking and credit card.

One additional benefit our new clients enjoy is one-year’s enrollment (at no cost to you) in Genworth Mortgage Insurance’s Homebuyers Privileges®.* This money-saving program will help you save on the things you need most to make your house a dream home. You'll receive discounts and special offers from national retailers on home furnishings, garden supplies, major appliances, truck rentals, home security systems, and much more! 

How do I access the savings and discounts available through Genworth’s Homebuyer Privileges®?

To enjoy these savings, you will need a special Homebuyer Privileges Lender Participation Code and Homebuyer Privileges ID. This information will be mailed to you within 30 days of closing your loan.  You may also contact your SunTrust Mortgage Loan Officer for this information. Once you have your code and ID, simply click on the “Homebuyer Privileges” link from any Loan Officers website, complete your enrollment under “New Member Log In” and begin enjoying these savings.

Am I eligible for other savings with your affiliate SunTrust Bank?

Definitely, we value client relationships and offer several great opportunities to expand your savings. The chart below details a few of these benefits.

Auto Loans
from LightStream®
a division of SunTrust Bank

  • Get a LightStream®1 loan and select AutoPay option to enjoy .50 percentage points lower than the invoicing option.
  • Refinance an existing auto loan or get a new loan on a pre-owned or new vehicle

Equity Lines/Loans
from SunTrust Bank

  • Up to 0.25% interest rate reduction off standard rate based on qualifying relationship2
  • Leverage equity to consolidate your debt with low rates and flexible repayment terms.

Select Checking
With SurePay Auto Draft3,4

from SunTrust Bank

  • New Client Special: Get a $1504 gift card –OR– Double your Reward for $300 of EnergyEarth products4 if, after closing your new mortgage, you open a new Select Checking account and enroll in SurePay within 180 days. Contact a Mortgage Loan Officer or a Relationship Specialist for details on how to sign up and earn your rewards.
  • SunTrust Bank will also waive the monthly maintenance fee on your Select Checking account with your established Mortgage and SurePay relationship.

SunTrust Cash Rewards Credit Card5

  • Earn 5% Cash Back6 on up to $6,000 spent on gas and grocery qualifying purchases7 for the first 12 months after account opening (and 2% unlimited cash back8, thereafter).
  • Earn 1% unlimited cash back9 on all other qualifying purchases.
  • Receive a 10%, 25% or more Cash Deposit Bonus based on your deposit relationship with SunTrust when you redeem your cash back directly into a SunTrust checking, savings, or money market account.10
  • Talk to your branch representative or visit www.SunTrust.com/CashRewards to apply. Offer valid for new Cash Rewards accounts only.

Disclaimers

*Homebuyer Privileges® is brought to you by Genworth Mortgage Insurance through SunTrust Mortgage, a participating lender. Contact Genworth's ionCenter® at 800 444.5664 with any questions.

1 Subject to credit approval. Conditions and limitations apply. Loan proceeds may not be used to refinance an existing LightStream® loan or for business purposes.

2 Consumer installment loans, equity loans and lines of credit are offered by SunTrust Bank. A 0.25% interest rate reduction off the standard rate of a consumer loan or line of credit is provided if payment is automatically deducted from a SunTrust checking, savings, or money market account using the SurePaySM (automatic) payment option. This interest rate reduction does not apply to any promotional advances nor the repayment period of any consumer line of credit, nor to Fixed Rate/Fixed Term advances under an Access 3 Home Equity Line of Credit, and is not available on existing consumer loans or lines. Relationship pricing discounts may not be applicable for all products. Consult your banker for details. All loan and line discount offers are subject to change. Offer for new and refinanced eligible consumer loans and lines of credit, as well as for credit line increases.

3 Sufficient funds must be in your bank account at time of automatic debit.

4 Minimum opening deposit is $100. Select Checking: The Interest Tier earned is based on the following ledger balance tiers: Tier 1- $2,499.99 or less; Tier 2- $2,500 to $9,999.99; Tier 3- $15,000 to $24,999.99; Tier 4- $25,000 or more. Interest is calculated and compounded daily on the collected balance and credited to your account monthly. The Annual Percentage Yields are accurate as of 7/25/2015. Fees may reduce your earnings. Offer applies only to eligible purchase-money and refinance first lien residential mortgage loans that are closed with SunTrust Mortgage, Inc. between 01/01/15 and 12/31/15. Newly approved mortgage clients sign up with a Relationship Specialist for SunTrust Mortgage’s SurePay, and make one mortgage payment through SurePay from a single new Select Checking account at SunTrust Bank that you open within 180 calendar days before or 180 calendar days after the date your mortgage loan is closed and funded. Once one mortgage payment is made through SurePay from your new Select Checking account, you’ll receive a mailed voucher within 7-10 business days to redeem your gift card. Offer subject to change or may be withdrawn at any time without prior notice. One offer per mortgage loan transaction and is only available for one Select Checking account. Your SurePay program with SunTrust Mortgage, Inc. must remain open and active for at least 12 consecutive months or the dollar value of the reward is subject to reimbursement. To the extent required by law, SunTrust Bank will report the value of the offer to the IRS. Any applicable taxes are the responsibility of the account holder.

5 Additional terms and conditions apply, which SunTrust will provide to you when you become an enrolled program member (in SunTrust Cash Rewards). All credit cards are subject to credit approval. The MasterCard card is issued by SunTrust Bank, pursuant to a license from MasterCard International. ©2017 Mastercard. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. Visit suntrust.com for more information about the SunTrust Cash Rewards Credit Card.

6 5% Cash Back Benefit: You will earn another additional 3% in Cash Rewards (5% Cash Rewards total), at Participating Merchants (gas and grocery stores), on Qualifying Purchases made with the Card (a) up to the $6,000 combined total of Qualifying Purchases made at Participating Merchants or (b) through the first 12 months after account opening, whichever comes first. After you have fully utilized the additional 3% benefit either by (a) spending up to the $6,000 combined total of gas and grocery Qualifying Purchases made at Participating Merchants or (b) reaching the end of the first 12 months after account opening, whichever comes first, you can then earn the unlimited 2% Cash Rewards Benefit. The 5% Cash Rewards Benefit is only available during the first 12 months after account opening. Participating Merchants are determined by the associated merchant category code (“MCC”) used by each merchant. Purchases made at merchants that do not process transactions under an eligible MCC will not qualify for the additional 1% or 3% bonus reward rate.

7 Qualifying Purchase(s) - new net retail purchases (minus credits/returns/adjustments) at participating merchantes based on merchant category codes. Non-purchase items do not qualify for Cash Back. See additional terms and conditions when you apply.

8 2% Cash Back Benefit: You will earn an unlimited additional 1% in Cash Rewards (2% Cash Rewards total) at Participating Merchants (gas and grocery stores), on Qualifying Purchases made with the Card..

9 1% Cash Back Benefit: You can earn cash back of 1% on new Qualifying Purchases on your Card, if your Card Account is in Good Standing, with no restriction on the amount of cash back that you may earn or redeem.

10 Cash Rewards Redemption: After the close of the billing period in which the Cash Rewards are earned, if your Card Account is in Good Standing, upon your request, SunTrust will redeem your Cash Rewards in U.S. dollars with a minimum of $25 and any greater amount (not to exceed the total Cash Back earned, but not yet redeemed, on your Card Account at time of redemption). You may redeem your Cash Back for (1) a statement credit or (2) an ACH credit to the deposit account that you designate. Cash Rewards earned on Consumer Card Accounts that are redeemed through an ACH deposit into a SunTrust checking, savings, or money market account will receive a Cash Deposit Bonus of 10%, 25%, 50% or 75% on redemption, depending on your deposit relationship with SunTrust as of the last day of the month preceding redemption, or if you redeem in the first few days of the month, the last day of two months’ prior to redemption (see Program Agreement for details), as follows:

  • SunTrust Private Wealth Managementa clients will receive a Cash Deposit Bonus of 75%; on $100 in base Cash Rewards, these clients would earn an additional $75, totaling $175 in Cash Rewards earnings.
  • Clients with SunTrust Signature Advantage accounts and $100,000 or more in Combined Consumer Deposits and Investment Balances with SunTrust or clients in the SunTrust Premier Program will receive a Cash Deposit Bonusof 50%. On $100 in base Cash Rewards, these clients would earn an additional $50, totaling $150 in Cash Rewards earnings.
  • Clients with SunTrust Signature Advantage accounts and less than $100,000 in Combined Consumer Deposits and Investment Balances with SunTrust will receive a Cash Deposit Bonus of 25%. On $100 in base Cash Rewards, these clients would earn an additional $25, totaling $125 in Cash Rewards earnings.
  • All other clients who redeem their Cash Rewards into a SunTrust checking, savings, or money market account will receive a Cash Deposit Bonus of 10%. On $100 in base Cash Rewards, these clients would earn an additional $10, totaling $110 in Cash Rewards earnings.

* Private Wealth Management means the group within SunTrust Bank that provides a full array of wealth management products and professional services to high net worth clients seeking active management of their financial resources. Private Wealth Management is a marketing name used by SunTrust Banks, Inc. and the following affiliates: Banking and trust products and services, including investment advisory products and services, are provided by SunTrust Bank. Securities, insurance (including annuities) and other investment products and services (including brokerage accounts) are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC, and a licensed insurance agency.

Combined Consumer Deposits and Investment Balances means the sum of balances in the SunTrust Signature Advantage Banking account PLUS statement-linked SunTrust deposit accounts (savings, checking, money market, or CD’s), Trust accounts, IRA or Brokerage accounts introduced through SunTrust Investment Services, Inc. (excluding annuities).

Premier Banking means the group within SunTrust Bank that provides specialized services and benefits such as investment products and services (including brokerage accounts) which are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC. Enrollment in Premier Banking is required.

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