Here are 2 convenient ways to open your account:
Enrollment in the offer is required at account opening.
*See important Terms and Conditions below.
*Terms and Conditions for the SunTrust “Q1 2018 Small Business Checking Offer”:
To be eligible to participate in the promotion:
You must be a new SunTrust business checking client. To be considered a new business checking client, the business cannot have an existing SunTrust business checking account with the with the same Taxpayer Identification Number (TIN), including but not limited to an Employer Identification Number (EIN), prior to promotion start. Existing business checking clients are not eligible for this offer. Public Fund and IOLTA accounts are not eligible for this promotion. The business client cannot have closed a business checking account within 180 days of the promotion start date (on or after July 7, 2017). The business account holder must be 18 years or older at time of account opening. The account holder cannot be a non-resident alien. Employee-designated accounts are not eligible for this promotion. The business must be registered within the U.S. with the account’s mailing address in Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia or the District of Columbia and have a valid U.S. TIN or EIN.
Earn $200. FIRST, open a Simple Business Checking, Primary Business Checking or SunTrust Business Advantage Plus account online or in a branch between January 3, 2018 and April 30, 2018, inclusive, and enroll in the offer by following the Branch Account Opening and Promotion Enrollment Instructions below.
THEN, within 30 days of opening the new eligible business checking account, you must make cumulative qualifying deposits (as described in the Qualifying Deposits section below) of $1,500 or more into your new account.
Qualifying deposits for new business checking accounts exclude debit card (credit) transactions and NSF fee refunds. Deposits can be made on a one-time basis or cumulatively over the 30 days.
After meeting all qualification requirements, the cash reward will be deposited into the new eligible business checking account in up to 8 weeks after all qualifications are met. If the $1,500 new checking account deposit requirement is not met, you will not be eligible for the reward. When the cash reward is deposited, it will appear in your new business checking account monthly statement as “Q1 2018 Small Business Checking Reward.” This offer is only applicable once per client. SunTrust may report the value of any reward received through any offer to the Internal Revenue Service, as required by law. Any applicable taxes are the responsibility of the recipient.
The new business checking account must remain open and in good standing with a minimum balance of $0.01 until the reward is processed in order to receive the reward. Reward forfeiture will occur if: (1) the business checking account is changed to an account type not included in this client offer, (2) the business checking account is closed prior to the reward being processed, or (3) the new business checking account has a negative available balance at the time of qualification validation. SunTrust reserves the right to deduct the reward amount from the business checking account at the time of closing if the new business checking account is closed by the client or SunTrust within 180 days after opening.
A minimum account opening deposit of $100 is required for a new business checking account. For SunTrust Business Advantage Plus Checking, the Annual Percentage Yield (APY) is currently 0.01% for account balances $0–$9,999 and 0.03% for account balances $10,000 or more in the fee schedule. The minimum account balance to obtain APY is $0.01. The above-quoted Annual Percentage Yield is accurate as of November 3, 2017, and subject to change at any time. Fees may reduce your earnings. The offer is non-transferable and may not be combined with any other offers. This offer is subject to change and may be discontinued at any time.
Online Account Opening and Promotion Enrollment Instructions:
The business checking account can be opened via the “Open Now” link on the offer landing page by entering the offer code “SB18Q1CHECKING” in the SunTrust online account application. After reviewing the terms and conditions, make sure “Yes” is selected in the “Special Offer” page to be enrolled for this offer. You will receive an enrollment confirmation email within ten days of account opening.
Branch Account and Promotions Enrollment Instructions:
Visit your local SunTrust branch to open a new eligible business checking account. During the account opening process, ask the SunTrust representative to enroll you in the “Q1 2018 Small Business Checking Offer” and provide them with promotion code “SB18Q1CHECKING”. You will receive an enrollment confirmation email. If you have not received a confirmation within 24 hours of enrolling in the offer, please visit your local branch or contact SunTrust at 800-485-8061.
SunTrust Bank, Member FDIC. © 2018 SunTrust Banks, Inc., SUNTRUST and the SunTrust logo are trademarks of SunTrust Banks, Inc. All rights reserved.
Version 1 11022017 SB18Q1CHECKING
1 All business checking accounts automatically avoid the monthly maintenance fees for the first two statement cycles. (A) Simple Business Checking accounts waive the maintenance fee for the first 12 statement cycles (12 statement cycles may not equal 12 full calendar months). After the first 12 statement cycles you can avoid the monthly maintenance fee when 5 or more transactions are made in that month. Otherwise, there is a $5 monthly maintenance fee. ( Primary Business Checking accounts avoid the monthly maintenance fee when a minimum daily collected balance of $1,000 or more is maintained. Otherwise, there is a $12 monthly maintenance fee. © SunTrust Business Advantage Plus accounts avoid the monthly maintenance fee if the 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.
2 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.
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 TIN as the main SunTrust Business Advantage Plus account. All three accounts must be linked.
5 Rates/Approval: All credit cards are subject to credit approval. The SunTrust Business Credit Card is issued by SunTrust pursuant to a license from Mastercard. Once you become a Business Cardmember, we reserve the right to change your account terms should your credit profile change or for other reasons described in your Business Cardmember Agreement.
6 There are fees for exceeding stated cash processing limits.