This site is all about the facts. We want to make it completely clear what our fees are, and show you exactly how to avoid them.
Monthly maintenance fees
These are standard fees for maintaining your account and providing you with features and services. Here are the fees for the checking solutions we offer, and how to qualify for a monthly fee waiver. Any other account-related fees can be found on our Personal Accounts Fee Schedule or our SunTrust at Work Fee Schedule.
|Monthly fee||How to get the fee waived|
|EZ Checking||$7||10 or more client-initiated transactions1 during the statement cycle
AND sign up to receive a paperless online statement2
|Everyday CheckingTM||$7||$500 minimum daily collected balance OR Direct Deposit3|
|Balanced BankingTM||$12||$3,000 in minimum combined daily collected balances in Balanced BankingTM and linked checking, savings, money markets, CDs and IRAs4|
|Solid Choice BankingTM||$17||$5,000 minimum daily collected balance
OR $10,000 in minimum daily collected balances in Solid Choice BankingTM and linked checking, savings, money markets, CDs and IRAs5 OR SunTrust Mortgage, Inc. first mortgage with SurePayTM
|Signature Advantage BankingTM||$25||$25,000 minimum daily collected balance
OR $50,000 total deposits (linked deposits and investment balances)5 OR $500,000 in total relationship balances (linked deposits, trust, investments and loans)6
Find out which checking option is right for you by using Bank Your Way SnapshotSM.
(For SunTrust clients, you can log into Online Banking and then click on the "Bank Your Snapshot" link for the most personalized recommendations.)
Overdraft/Returned Item Fees
Overdraft and returned item fees are assessed when you try to withdraw more money than is available in your account.
These fees are assessed based on your available balance.
An overdraft fee is a $36 fee that is incurred when you make a purchase that costs more than the available balance in your account and the transaction is paid with negative funds. This means the purchase is allowed because of funds that will soon be made available (e.g., a check that you have deposited but has not yet cleared). Until then your account will appear to be in the negative. SunTrust will waive overdraft/returned item fees on transactions that are less than $5 (e.g., you're buying a coffee). If your account becomes overdrawn during a business day, you can avoid this fee by making a deposit or transferring funds from another SunTrust account to cover the overdraft by the daily deposit cut-off time. If you deposit a check, this assumes that we do not place a hold on the check.
Note: Overdraft fees may be assessed on checks, recurring debit card transactions and ACH items. Also, if you have accepted Overdraft Coverage, ATM and one-time debit card transactions may be assessed an overdraft fee.
An extended overdraft fee is a $36 fee that is incurred when your current (ledger) balance has been negative for seven consecutive calendar days (includes Saturdays, Sundays and holidays, if applicable). To avoid this fee, you must make a deposit to bring your current balance positive by the daily cut-off time on the seventh consecutive calendar day (learn more about the daily deposit cut-off times here ).
Avoid extended overdraft fees by following this chart:
If you overdraw your account on…
|You must make a deposit to cover the overdraft by the daily cut-off time on...||Or you will be charged the extended overdraft fee on the...|
A returned item fee is a $36 fee that is incurred when you try to make a purchase that costs more than the available balance in your account and the transaction is returned unpaid. Say you want to write a check to purchase a new doggie bed for $35 but only have $25 in your checking account. The transaction would not go through and you would have to pay the fee. SunTrust will waive overdraft/returned item fees on transactions that are less than $5.
An overdraft protection transfer fee is incurred on the day Overdraft Protection is used. As long as the linked account balance can cover the transaction amount, you will pay just one transfer fee on the day the overdrafts occur — regardless of how many transactions.
Help minimize fees with Overdraft Protection and Overdraft Coverage. You can also set up text and email alerts within Online Banking to help you keep track of your available balance and notify you if your account becomes overdrawn.
An overdraft fee or extended overdraft fee will not be assessed if the transaction that caused the overdraft is an everyday (non-recurring) debit card transaction or an ATM transaction provided you had declined overdraft coverage at the time the transaction was authorized.
This is a $2.50 processing fee charged when you use an ATM outside of SunTrust´s network of nearly 2,900 ATMs. Be cautious because the owners of those ATMs not in our network may charge their own fees, which could raise the total cost of using that machine. The easiest way to never pay an ATM fee is to use SunTrust ATMs. But if you find yourself using different ATMs frequently, you should look into our Signature Advantage BankingSM, which offers unlimited use of all ATMs.