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Open Truist One Money Market Account

Truist One Money Market AccountDisclosure 1

Open a new Truist One Money Market Account and earn 4.25% annual percentage yield (APY)Disclosure 2. For new accounts only. Take on your savings goals today.

$50

Minimum opening depositDisclosure 1

$12 or $0

Monthly maintenance fee with ways to waiveDisclosure 3

4.25% APYDisclosure 2

On new accounts. See account rates, fees, and disclosures.

Open now for a Truist One Money Market account.

More details about Truist One Money Market Account

Here are the benefits

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  • Build towards more perks. The cash in your Truist One Money Market Account may be used to unlock additional benefits in some of your Truist personal checking accounts, including Truist One Checking.
  • Earn interest on your savings. See rates.
  • Spend straight from this account using a debit card or checks.Disclosure 4
  • Link to your Truist personal checking account for optional Overdraft Protection. Truist One Money Market Account automatically transfers available funds to your checking account to allow transactions to go through—no overdraft protection transfer fees attached.Disclosure 4

Why it’s a good fit

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The Truist One Money Market Account is a great choice if you:

  • Maintain at least $1,000 in your account.
  • Are focused on reaching a larger savings goal.
  • Like easy access to your money including debit card access and check writing abilities.

Fee information1

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  • Waive the $12 monthly maintenance fee by maintaining a minimum daily ledgerDisclosure 5 balance of $1,000 or more.
  • No fee for first six withdrawals each month.Disclosure 4

Savings calculator

This overview is not intended to be all-inclusive but is for illustrative purposes only. Individual results will vary based on client usage. For additional information, please refer to the Personal Deposit Accounts Fee Schedule.

This calculator is made available by one or more third party service providers. It is not intended to be an advertisement for a product or service at any of the terms used herein. It is not intended to offer any tax, legal, financial or investment advice. All examples are hypothetical and are for illustrative purposes. Truist Financial Corporation ("Truist") and its affiliates do not provide legal or tax advice. Truist cannot guarantee that the information provided is accurate, complete, or timely. Federal and state laws and regulations are complex and are subject to change. Changes in such laws and regulations may have a material impact on pre- and/or after-tax investment results. Truist makes no warranties with regard to this calculator or the results obtained by its use. Truist disclaims any liability arising out of your use of, or any tax position taken in reliance on, this calculator. Always consult an attorney or tax professional regarding your specific legal or tax situation.

Ready to open Truist One Money Market Account? It’s so simple.

Step one

Share your basic info for account setup.

We’ll need some personal information to get your account started.

Make your first deposit.

Truist One Money Market Account has a $50 minimum opening deposit.

Get started here.

Open now to get started with a Truist One Money Market account.

Check out Truist One Checking account.

Truist One Checking has benefits you care about—no overdraft related feesDisclosure 5 and $100 of coverage for eligible clients when you accidentally overspend.Disclosure 7 The best part? The benefits increase as your balances grow. Automatically.

Learn more about Truist One Checking.
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Disclosure 1 Refer to the Account Overview Guide, Bank Service Agreement and the Personal Deposit Accounts Fee Schedule for detailed information regarding each feature, benefit and/or fees listed for each product.

Disclosure 2 This offer can only be used for a personal account and not for the use of a Personal Trust, Escrow, Estate or other like account. The Truist One Money Market Account requires a $50 minimum opening deposit. To qualify for this offer, clients must open a new Truist One Money Market Account. Clients with an existing Truist money market account or who closed an MMA within 30 days of the new MMA account opening are not eligible. Truist One Money Market Account interest tier earned is based on the following ledger balance tiers: Tier 1 – $999.99 or less; Tier 2 – $1,000 to $9,999.99; Tier 3 –$10,000 to $49,999.99; Tier 4 – $50,000 to $99,999.99; Tier 5 – $100,000 to $249,999.99; Tier 6 – $250,000 or more. For accounts eligible for this promotion, the variable interest rate is 4.16% and the variable Annual Percentage Yield (APY) is 4.25% for Tiers 1–6. The standard interest rate and APY are both 0.01% for Tiers 1–6. At the Bank’s discretion, the variable interest rate and APY may change to our standard interest rate and APY at any time. The interest rates and APYs are accurate as of 02/17/2024, apply to all states within Truist’s footprint, and are subject to change without notice at any time, including after the account is opened. Maintenance and service fees apply. The $12 monthly maintenance fee can be waived by maintaining a minimum daily ledger balance of $1,000 or more. Daily ledger balance: The actual balance in your account on a specific day and does not reflect any holds or pending transactions. Fees may reduce earnings. Refer to the Account Overview Guide, Bank Services Agreement at Truist.com/BSA and the Personal Deposit Accounts Fee Schedule at Truist.com/feeschedule for detailed information regarding each feature, benefit, and/or fees listed for Truist One Money Market Account.

Disclosure 3 Waive the $12 monthly maintenance fee by maintaining a minimum daily ledger balance of $1,000 or more.

Disclosure 4 A withdrawal limit fee of $15 per withdrawal over six applies, with a maximum of six withdrawal limit fees per statement cycle. The withdrawal limit fee applies, regardless of the balance, to all withdrawals and transfers made from a Truist personal savings and/or money market account, including those made at a branch, ATM, by mail, or through any electronic means.

Disclosure 5 Overdraft related fees are considered overdraft fees, returned item fees, negative account balance fees or overdraft protection transfer fees.

Disclosure 6 Daily ledger is the actual balance in your account on a specific day, and does not reflect any holds or pending transactions.

Disclosure 7 The $100 Negative Balance Buffer is only available with Truist One Checking and allows eligible clients to overdraw their account up to $100.

All eligibility requirements below must be met to initially qualify for the $100 Negative Balance Buffer:

  • Account must be opened for a minimum of 35 calendar days
  • Account must be funded and have a positive balance
  • A single direct deposit of at least $100 per month must be made for 2 consecutive months

To remain qualified for the $100 Negative Balance Buffer, the requirement below must be met:

  • A recurring direct deposit of at least $100 per month

For accounts that qualify for the $100 Negative Balance Buffer and also have Overdraft Protection, Truist will use the $100 Negative Balance Buffer first. If the account has neither, transactions that exceed the account balance will typically be declined or returned.

Disclosures

Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

Services provided by the following affiliates of Truist Financial Corporation (Truist): Banking products and services, including loans and deposit accounts, are provided by Truist Bank, Member FDIC. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., and/or P.J. Robb Variable, LLC., which are SEC registered broker-dealers, members  FINRA, SIPC, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc., GFO Advisory Services, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Insurance products and services are offered through McGriff Insurance Services, LLC. Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, LLC., AR license #100103477. Both McGriff and Crump are wholly owned subsidiaries of Truist Insurance Holdings, Inc.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank.

Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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