Truist Bank Makes Free Checking a Reality with No Fees

Truist Bank offers a free checking account with no fees, making it a great option for those who want to avoid unnecessary charges.

With this account, you can enjoy free online banking, mobile banking, and bill pay services.

This means you can manage your finances on your own schedule and budget without worrying about extra fees.

Additional reading: Truist Bank Overdraft Fees

With truist bank's free checking account, you can bank with confidence. There are no overdraft fees, period.

You'll never have to worry about getting hit with unexpected charges. This means you can manage your finances with peace of mind.

truist bank's free checking account is designed to help you stay on top of your finances. It's a great option for anyone who wants to avoid overdraft fees.

If you do accidentally overdraft, truist bank will cover the fee. This is a huge perk, especially for students or young adults who may not have a lot of financial experience.

With truist bank, you can focus on your finances without the stress of overdraft fees.

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You can open a debit card with a checking account, but it's not always necessary.

A debit card provides convenient access to your checking account funds, allowing you to make purchases and withdraw cash.

Many banks offer checking accounts with no minimum balance requirement, giving you more flexibility.

Checking accounts are designed for everyday transactions, making it easy to pay bills, make purchases, and withdraw cash.

You can write checks, use debit cards, or set up automatic payments from your checking account.

Additional reading: How to Check for Old Bank Accounts

To qualify for a free checking account, you'll need to meet some basic requirements. The good news is that Truist Bank has a few different options to choose from, each with its own set of rules.

The Truist One Savings account requires a minimum balance of just $300 to waive the fee, making it a great option for those who want to keep their balance low. This is the lowest minimum balance required to avoid fees among Truist's checking and savings accounts.

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The Money Market Account also has a relatively low minimum balance requirement of $1,000. This might be a good option for those who want to earn a bit more interest on their money than a standard savings account.

The Truist Wealth Checking account has the highest minimum balance requirement of $25,000, but don't let that scare you off – you can spread that balance across multiple accounts, making it easier to achieve.

With Truist Bank's free checking account, you'll enjoy a range of convenience features that make managing your finances a breeze.

You can access your account online 24/7, allowing you to check your balance, pay bills, and transfer funds at your convenience.

Mobile banking is also available, enabling you to manage your account on the go with the Truist Bank mobile app.

Setting up direct deposit is a breeze and can save you some serious cash. Most checking accounts offer a fee waiver with a minimum amount of direct deposits per month.

For example, the Truist One Checking account will set aside the monthly charge in any month where the account receives at least $500 in total qualifying direct deposits.

Getting your paychecks or government benefits deposited directly into your account can be a huge timesaver and reduce the need to visit the bank.

To avoid ATM fees, using a Truist ATM is the way to go. Truist offers over 3,500 ATMs within its markets, and they're available to bank customers free of charge.

If you're a Truist One Checking account holder, you may have some flexibility when it comes to ATM fees. The account offers different levels of fee waivers and surcharge rebates, depending on your account balance level.

Here are the different levels of Truist One Checking accounts and their corresponding fee waivers and surcharge rebates:

Using a non-Truist ATM will result in a $3 fee, and the owner of the ATM may also charge an additional fee. Even if your Truist fees are waived, an ATM-owner fee may still apply.

If you have a Truist One Checking account, you're in luck because you can get your monthly maintenance fee waived with a related personal loan. This is a great incentive to consider taking out a personal loan through Truist.

Having a related Truist personal credit card can also get you out of paying the monthly maintenance fee on your Truist One Checking account.

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Using a non-Truist ATM will result in a $3 fee.

In many cases, the owner of the ATM can also charge an additional fee.

You can avoid these fees by using a Truist ATM, which are available to bank customers free of charge.

There are over 3,500 Truist ATMs within its markets, making it easy to find one near you.

Here's a breakdown of the different levels of Truist One Checking accounts and their non-Truist ATM fee waivers:

Waivers and rebates are per calendar month for Truist One Checking accounts.

You'll earn more perks and rewards as you move up the levels of Truist One, but it all starts with having a combined average balance across your eligible Truist accounts.

To reach Level 1, you'll need a total monthly average balance of $0.00 - $9,999.99.

At Level 1, you'll earn a 10% Truist credit card loyalty bonus.

You'll get more free checking and savings accounts as you move up the levels: Level 1 gets you one savings account, Level 2 gets you one checking and one savings account, and so on.

Here's a breakdown of the benefits at each level: