Advantage Banking

Advantage Checking

Get more from your checking account while you earn interest on your balance.1

  • Many ways to waive the monthly maintenance fee2
  • No fee for up to three non-SunTrust ATM transactions per statement cycle3
  • Up to four Essential checking accounts with the monthly maintenance fees waived to help you designate money toward your goals4

Advantage Checking offers three tiers of benefits based on your total relationship balance.

Advantage Money Market Savings7

Open a new account with as little as $100 and earn a higher rate with an opening balance of $10,000 or more, while maintaining easy access to funds. Plus, with a SunTrust Rewards Credit Card, you can earn a Loyalty Cash Bonus of 10%.5

Advantage Certificate of Deposit (CD)

A classic savings vehicle with a modern update. Enjoy the security of a guaranteed interest rate CD with flexible access to funds, featuring one penalty-free withdrawal during the CD term,9 and the ability to add funds to grow your balance over time, and the ability to add funds to grow your balance over time.10

IDnotify™ by Experian®

Help secure your personal information with IDnotify, a premium, comprehensive means of identity theft protection and credit monitoring at no cost to SunTrust clients.11

DISCLAIMERS

1 Interest is calculated and compounded daily on the collected balance and credited to your account monthly.

2 Any maintenance fees will be assessed on the following month’s statement unless at least one of the following criteria is met:

  • Have a qualifying Direct Deposit, which is an electronic credit to your account of your salary, pension, Social Security or regular monthly income totaling $3,000 or more deposited to your account during the prior month by your employer or an outside agency. Transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device, debit card/prepaid card number or the mail are not eligible to meet this requirement.
  • Hold a total relationship balance of $10,000, which is the sum of balances on the last business day of the month in the Advantage Checking account PLUS statement linked SunTrust deposit accounts (savings, checking, money market, or CDs), and IRA or Brokerage accounts introduced through SunTrust Investment Services, Inc.
  • Link a personal SunTrust Credit Card, Mortgage, or Loan (Including loans done through LightStream).
  • Link an eligible Small Business account which includes, Total Business Banking, Select Business Banking, Business Interest Checking, Business Advantage Plus, Simple Business Checking & Primary Business Checking.

3 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.

4 Up to four additional Essential Checking accounts are available with no Monthly Maintenance Fee when linked to an Advantage Checking account.

5 Cash Rewards Redemption: After the close of the billing period in which you earn Cash Rewards, if your Card Account is in Good Standing, you may redeem a minimum of $5 for either a statement credit to your card account or an ACH credit to a deposit account. You can earn a Loyalty Cash Bonus of 10%, 25%, or 50% if you redeem through an ACH deposit into a SunTrust deposit account. See Program Agreement for details and tier levels as follows:

  • Clients who redeem Cash Rewards through an ACH deposit into any SunTrust checking, savings or money market account will receive a 10% Loyalty Cash Bonus.
  • Clients with a SunTrust Advantage Checking, Signature Advantage Checking, or Exclusive Checking account and meeting one of the following Combined Consumer Deposits and Investment Balances will earn a Loyalty Cash Bonus of:
    • 25% Loyalty Cash Bonus if balances total between $25,000 and $100,000,
    • 50% Loyalty Cash Bonus if balances total greater than $100,000.
  • SunTrust Premier Program or Private Wealth Management clients will receive a 50% Loyalty Cash Bonus. See suntrust.com/premier for details on advisory service levels.
    For example, a 10% Loyalty Cash Bonus on $100 in base Cash Rewards would earn an additional $10, totaling $110 in Cash Rewards earnings.

6 The Delta SkyMiles World Debit Card Annual Fee is charged 45 days after the open date of the card and is based on the Sum of Balances on the last business day of the prior month. “Sum of Balances” includes total deposits in the Signature Advantage or SunTrust Advantage Checking accounts PLUS statement linked SunTrust deposit accounts (checking, savings, money market, or CDs), Trust accounts and IRA or Brokerage accounts introduced through SunTrust Investment Services, Inc. Annual Fee tiers are defined as follows: a) Sum of Balances of less than $25,000 is charged an annual fee of $95 b) Sum of Balances of $25,000 and less than $100,000 is charged an annual fee of $75 and c) Sum of Balances of $100,000 or more is charged an annual fee of $25. Annual fee will be calculated at the end of the month prior to the annual fee being charged. For clients of the SunTrust Premier Program, a reduced fee of $25 will apply. For SunTrust Private Wealth Management Clients & SunTrust Exclusive Checking Account holders, the annual fee will be discounted to $0. For cards opened before July 25, 2015 and not associated with a Signature Advantage account, the annual fee is $95. The reduced annual fee for certain client segments applies regardless of deposit account type. For clients whose relationship segment changes, the annual fee will be adjusted upon the next annual fee billing date.

7 Advantage Money Market Savings account interest tier earned is based on the following ledger balance tiers: Tier 1 – $9,999.99 or less; Tier 2 – $10,000 to $24,999.99; Tier 3 – $25,000 to $49,999.99; Tier 4 –$50,000 to $99,999.99; Tier 5 – $100,000 to $249,999.99; Tier 6 – $250,000 to $499,999.99; Tier 7 – $500,000 to $999,999.99; Tier 8 – $1,000,000 to $1,999,999.99; Tier 9 –$2,000,000 or more.

8 The minimum opening deposit of $100 is required for an Advantage Money Market Savings account. Fees may reduce earnings. To the extent required by law, SunTrust will report any interest paid to the Internal Revenue Service. For additional fee and/or product information, please consult the Fee Schedule located at suntrust.com/disclosures. At the Bank’s discretion, rates and yields are subject to change without notice after the account is opened. Interest is calculated and compounded daily on the collected balance in your account and credited to your account monthly.

Withdrawal Transaction Limitations: Savings and money market accounts are governed by federal regulations, which limit the number of certain types of transactions. From your savings or money market accounts, you are limited to six preauthorized, telephone or on-line transfers to your other SunTrust Bank accounts or to third parties. Additionally, this limitation includes checks, drafts, or similar orders you make payable to a third party. The limitation applies per statement cycle for monthly statements or calendar month for quarterly statements. Due to IRS regulations, these transfer options are not available for money market IRAs. In determining when a transfer is made, the bank will use the date the transfer is paid. If you routinely exceed these withdrawal limitations on your savings or money market accounts, the bank may close the account or convert the account to a checking account. The foregoing limitations do not apply to withdrawals made by you or transfers to other accounts, which you have with us when these transfers are made by messenger, in person or through ATMs. The federal regulatory limit applies regardless of account balance.

Excessive Withdrawal Fees: For Advantage Money 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.

9 You may make one penalty-free withdrawal of all or a portion of the funds after the first seven days of the initial term. For more information, please see Rules and Regulations for Deposit Accounts at suntrust.com/disclosures

10 At least one owner of the Advantage Certificate of Deposit is required to have a SunTrust Personal Checking Account. The Advantage Certificate of Deposit is for consumer use only and is not available for Individual Retirement Account (IRA) or Public Funds.

11 Account holders must enroll into IDnotify via SunTrust channels to receive the service at no cost. Service will be canceled for clients who no longer have any active accounts with SunTrust. Clients with only Business products or services do not qualify for IDnotify.

Personal Banking Resource Center

  • New Accounts

  • Support

  • Wires

       

      For more details about Wire Transfers with SunTrust, call 800.947.3786

       

      SunTrust Incoming wire instructions:

       

      • For Domestic incoming wire use Routing ABA: 061000104
      • For International incoming wire use SWIFT/BIC: SNTRUS3A
      • Beneficiary account number: SunTrust full account number
      • Beneficiary name: The name as it appears on the SunTrust account

      SunTrust Incoming wire instructions are also available by calling 800.947.3786 - option 1