[Expired] BB&T Up To $1,000 Checking & Savings Promotion [AL, DC, FL, GA, IN, KY, MD, NC, OH, SC, TN, TX, VA, WV, NJ, PA]

Deal has ended, view more bank account bonuses by clicking here.

This is the same as the SunTrust bonus. BB&T & SunTrust have merged to become Truist, but it looks like it might be possible to do both deals? Even if you can’t there are some differences in the states allowed so this should be useful for some.

Offer at a glance

Maximum bonus amount: $1,000
Availability: AL, DC, FL, GA, IN, KY, MD, NC, OH, SC, TN, TX, VA, WV, NJ, PA
Direct deposit required: Yes, two direct deposits of $500+
Hard/soft pull: Soft pull It seems like they are very persistent about overdraft protection so make sure you don’t opt in for that
ChexSystems: Yes
Credit card funding: Up to $250 (says debit card only, but credit cards will work)
Monthly fees: $12, avoidable
Early account termination fee: None
Household limit: One
Expiration date: March 31, 2021

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
- 3.1 Monthly Fees
- 3.2 Early Account Termination Fee
4 Our Verdict

The Offer

Direct link to offer (promo code should auto apply)

BB&T is offering a bonus of up to $1,000 when you complete the following requirements:
- Use promo code BCNGJ
- Open a checking account and complete qualifying direct deposits totaling at least $500 within 90 days of account opening
- Open any new BB&T savings or MMA, and deposit the balances below within 30 days and maintain for 90 days after account opening. Amount you deposit and maintain determines the bonus you receive:
  - Less than $10,000 = $300
  - $10,000 – $24,999.99 = $400
  - $25,000 – $49,999.99 = $600
  - $50,000 -$99,999.99 = $800
  - $100,000 or more = $1,000

The Fine Print

All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Checking account has a $12 monthly fee, this is waived if you do either of the following:

Receive a direct deposit of $500 or more
Have an average daily balance of $1,500 or more

Early Account Termination Fee

They used to charge a $25 fee if closed within 180 days of account opening, but looks like that isn’t charged anymore. Accounts must be open at the time of bonus posting

Our Verdict

Pretty sure the rates for these accounts are 0% or close to, so just assume you’ll earn no actual interest. BB&T has offered a $600 checking bonus in the past, but that did require $25,000 in deposits to keep fee free. This bonus does require a deposit of $100,000 for 90 days, that works out to be 4% APY. We will add this to our list of the best bank account bonuses.

Useful posts regarding bank bonuses: