SunTrust Business Advantage Plus Checking

Amidst high transaction volumes and complex cash-management needs, keep things simple with a SunTrust Business Advantage Plus Checking account. With it you’ll get up to two other business accounts to use as operating accounts or petty-cash accounts.

A SunTrust Business Advantage Plus Checking account comes with:

  • The ability to earn interest
  • Get a 25% Cash Deposit Bonus when you redeem cash back from your SunTrust Business Credit Card directly into a SunTrust Business deposit account3
  • Easy-to-understand statements
  • The ability to make night drops
  • Monthly Image Statements
  • 50% discount on 1st order of checks

Convenience

  • Included transactions per month: 500 (from all three accounts)
  • Excessive transactions fee: $.50 per item above 500
  • Included cash processing per month: $10,000 (from all three accounts)5
  • Excessive cash processing fee: $2.50 per $1,000 over limit
  • Online Banking: Online Cash Manager6
  • Mobile Banking & Mobile Bill Pay: Unlimited Access

Saves Money

  • Number of additional business checking accounts: Up to two additional accounts5
  • Personal checking account for business owner included: Yes, Select Checking7
  • Earn Interest on Checking Balance: Yes
  • Online Payroll Discount: 10%6
  • Fraud Inspector®  available for no fee.
  • Business Check Order Discount: 50% discount on first order
  • Online Checking Deposit (OCD) set up fee discount: Up to $75

Plus, avoiding the $25 monthly maintenance fee is simple:

  • You're a new SunTrust Business Advantage Plus Checking client-then the monthly maintenance fee will be waived for the first two statement cycles
  • Your minimum daily collected balance combined with two other SunTrust Business Advantage Plus Accounts is equal to $20,000 or more
  • Otherwise there is a $25 monthly maintenance fee

What you need to apply online or in a branch:

  • Business Information
    • Business Name
    • Address
    • Tax ID number
    • Business Date of Formation
    • State of Formation
    • Annual Revenue
    • Business Activities
    • Source of Funds
    • Purpose of Account
  • Business Documentation (if Business Documentation is not located on Secretary of State website)
    • Filing Documents
    • Organizing Documents
    • Operation Agreements
  • Identifying information for all Beneficial Owner(s)
    • Certification Regarding Beneficial Owner(s) and Controlling Person of Legal Entity Customers Form*

What is a Beneficial Owner? — Click here for more information >

* Certification Regarding Beneficial Owner(s) and Controlling Person of Legal Entity Customers Form can be downloaded Link opens a new window and completed prior to going to local branch to for account opening. A photocopy of Driver’s License or Passport is required for any Beneficial Owners not present for account opening.

DISCLAIMERS

1 Items include deposits and deposited items, checks, ATM transactions, point-of-sale purchases and ACH debits. Wire transfer services and Commercial and Treasury Management services may also be included. There are fees for exceeding stated limits.

There are fees for exceeding stated cash processing limits.

3 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 $5 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 Business Card Accounts that are redeemed through an ACH deposit into a SunTrust business checking, savings or money market account will receive a Cash Deposit Bonus of 10% or 25% 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 Terms), as follows:

  • Clients with SunTrust Business Advantage Plus Demand Deposit Accounts (DDA) 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 with a SunTrust Business 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.

4 The two additional SunTrust Business Advantage Plus Checking accounts must share the same tax identification number as the main Business Advantage Plus account. All three accounts must be linked.

5 Account balances of all three business checking accounts that come with the SunTrust Business Advantage Plus Checking can be linked under one relationship. Theses accounts must be linked by using the Relationship Pricing Function in CLP.

6 Please refer to the Product Fact Sheet for detailed product information. Also, refer to the current Fee Schedule for detailed pricing.

7 To waive the monthly maintenance fee on the Select Checking account, the account must be linked to the lead checking account using the Related Account(s) for Pricing function in CLP.

8 The two additional SunTrust Business Advantage Plus Checking accounts must share the same tax identification number as the main Business Advantage Plus account. All three accounts must be linked.

Small Business Resource Center

  • Contact

  • Support

      24-hour automated assistance
      800.786.8787 (800.SUNTRUST)

       

      Online Cash Manager, PC Banking and Bill Pay
      800.382.3232

       

      TDD (Telephone Device for the Deaf)
      800.854.8965

       

      Report Checking Account Fraud
      800.447.8994 Option 1 - Option 3

       

      Lost or Stolen Card
      800.786.8787 Option 5

       

      Directory Assistance
      800.786.8787 Option 7 - Option 5

       

      International Toll Free
      800.ST.TRAVEL (800.7887.2835)

       

      Please note that Federal Regulation E outlines the rules and procedures for electronic funds transfers (EFTs) for consumers. The protections and deadlines included in Regulation E do not apply to business accounts. Regulation E only establishes rights, liabilities, and responsibilities for consumer transactions on consumer accounts.

  • Mail

       

      Write Us
      Mail your questions, comments, or suggestions to (No deposits or payments accepted at this address):
      SunTrust Bank
      GA-Atlanta-0795
      P.O. Box 4418
      Atlanta, GA 30302-4418

       

      Bank by Mail
      You may mail checking, savings, or money market deposits to (Be sure to include a deposit slip or your name and account number. Do not send currency via U.S. mail):
      SunTrust Bank, Special Handling
      VA-RIC-9292
      P.O. Box 27572
      Richmond, VA 23261-7572

       

      Consumer Loan/Line Payment Addresses Access 3 payment address
      SunTrust Bank
      P. O. Box 791274
      Baltimore MD 21279-1274

       

      All other lines of Credit Payments
      SunTrust Bank
      P. O. Box 79282
      Baltimore MD 21279-0282

       

      Consumer Loan Payments
      SunTrust Bank
      P.O. Box 791144
      Baltimore, MD 21279-1144

       

  • 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