You’re on your way to financial confidence, and there’s something to be said for that. With Select Savings, you can earn a bonus just for setting up a savings plan and contributing to it.
Easily avoid the monthly maintenance fee by:
1 Clients earn an annual 1.00% bonus, up to $25. Bonus is calculated on the 12-month average ledger balance of the Select Savings account when the account is linked with an Advantage Checking or another qualifying SunTrust checking account. Qualifying checking accounts include Advantage Checking, Signature Advantage® Checking, Exclusive Checking or Select Checking accounts. To receive the bonus, accounts must be open and in good standing on the date that the bonus is paid. Bonus will be credited to the Select Savings account on the anniversary of the account open date. Fees may reduce earnings on the account. Select Savings is limited to one account per client. The standard interest rate and annual percentage yield for this account is 0.01%, applicable to all balances, and is accurate as of 12/08/2018.
2 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 Fee Schedule at suntrust.com/disclosures for further details.
The interest rate and annual percentage yield for this account is 0.01%, applicable to all balances and is accurate as of 12/08/2018. 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 quarterly. Fees may reduce earnings.
Excessive Withdrawal Fees. 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.
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.
Learning how to manage your finances well is an art, not a science, and passing along that knowledge to children or other young people in your life is even harder. Here are some quick tips from influencers, old and new.
A small income doesn’t have to mean small savings. Learn how to make the most of your paycheck.
Learn how inflation and income taxes will affect your savings plan.
Determine what you need to do to save for that big purchase, be it a car, a home, or something else.
For more details about Wire Transfers with SunTrust, call 800.947.3786
SunTrust Incoming wire instructions:
SunTrust Incoming wire instructions are also available by calling 800.947.3786 - option 1
Investment and Insurance Products:
Are Not FDIC or any other Government Agency Insured Are Not Bank Guaranteed May Lose Value
© 2018 SunTrust Banks, Inc.
Equal Housing Lender. SunTrust Bank - NMLS #93471. 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 FINRA and SIPC, 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 FINRA and SIPC.