Truist Checking Accounts: Comprehensive Guide for Personal and Business Banking in 2025

Truist checking offers flexible solutions for individuals and businesses by combining digital tools, physical branch access, and diverse account types to fit different financial needs. Whether you’re managing household bills or running a growing enterprise, Truist provides a solid banking foundation backed by one of the largest financial institutions in the U.S.

In this full breakdown, you’ll explore the features, fees, benefits, and eligibility requirements of Truist checking accounts. From basic personal banking to high-volume business needs, let’s discover which account fits your financial lifestyle.

Overview of Truist Financial Corporation

Truist Financial Corporation began in 2019 after the merger of BB&T and SunTrust. Since then, the bank has grown rapidly. By 2024, Truist manages about $531 billion in assets and runs over 1,900 branches across 15 states and Washington, D.C. Thanks to this large footprint, Truist maintains strong in-person service. At the same time, it continues expanding its digital reach.

Importantly, Truist operates with a clear mission “inspire and build better lives and communities.” It combines human-centered service with modern technology. The bank fosters a caring culture. It values customer relationships, financial wellness, and reinvestment in local communities. Moreover, Truist invests heavily in digital tools. These tools help meet the rising expectations of today’s consumers.

Truist offers a wide range of financial services. These include personal banking, small businesses, wealth management, corporate, institutional, and business solutions. In particular, Truist checking is designed for both personal and business customers.

Notably, Truist checking serve various needs by delivering practical and flexible options. As a result, it remains a strong choice for not only individuals but also small to mid-sized companies.

Definition of Truist Checking Accounts

A checking account is a type of bank account built for daily money management. You can use it to pay bills, buy groceries, receive direct deposits, or withdraw cash from ATMs. Banks and credit unions including both physical branches and online platforms, offer checking accounts for everyday use.

Typically, a checking account comes with a debit card. You can swipe this card at stores or use it at ATMs. Moreover, many accounts also offer online tools, mobile apps, and automatic payments. Therefore, you can manage money faster and more convenient.

Truist checking accounts work just like standard checking accounts but with added flexibility. They support a wide range of everyday financial needs for both individuals and businesses.

Additionally, there are several types of Truist checking accounts, tailored to different users. For individuals, accounts range from no-frills options to feature-rich solutions with loyalty rewards. For businesses, Truist provides options for startups, growing companies, and nonprofit organizations.

Key Features of Truist Checking Accounts

Truist checking offers a well-rounded solution for managing daily financial transactions whether you’re an individual, entrepreneur, or nonprofit leader. While personal and business banking needs can differ, Truist provides a versatile checking experience that adapts to both. As a result, handling your cash flow becomes more routine and less stressful.

At its core, Truist checking enables users to complete everyday banking tasks with ease. You can deposit checks, withdraw funds, pay bills, and make transfers through a user-friendly digital platform. Additionally, Truist’s wide branch and ATM network ensures convenient in-person support. Therefore, it’s ideal for those managing both personal and business accounts under one bank.

Each Truist checking account comes with essential tools such as: debit cards, online banking access, and check-writing functionality. For businesses, you can grant access to team members, set up alerts, and track real-time balances for better oversight. For individuals, features like budgeting tools and fraud alerts help maintain control over spending and financial wellness.

Moreover, Truist supports advanced services tailored to your needs. For added security, Truist includes fraud monitoring tools that detect unusual activity and protect your funds.

Importantly, Truist checking is not one-size-fits-all. The bank offers multiple account types. However, each designed to match specific transaction volumes and goals. Whether you’re tracking household spending or managing vendor payments, you can choose the account that fits your stage of life or business growth.

Truist Checking Options

There are several Truist checking options tailored to both individuals and businesses with different financial needs.

Truist One Checking

Truist checking offers the One Checking account as a flexible solution for individuals. 

Firstly, there are no overdraft fees. Truist does not charge you for overdrafts or returned items under qualifying conditions. Consequently, it’s  safer than many traditional accounts. You only need $50 to open the account, making it highly accessible for new users.

The $12 monthly maintenance fee can be waived easily if you meet at least one of these conditions:

• Receive $500 or more in qualifying direct deposits each statement cycle
• Maintain a total minimum balance of $500 across eligible Truist accounts
• Hold a Truist personal credit card, personal loan, or be aged under 25 or over 62
• Link the account to an eligible Truist business checking account

Another key benefit is Balance Buffer™ covering transactions up to $100 when your balance is low. This helps avoid declined purchases for small amounts.

Truist One Checking truly stands out with its tiered loyalty system:

Based on your tier, you can earn 10% to 50% bonus rewards on eligible Truist credit cards. You may also upgrade to a Delta SkyMiles® Debit Card with lower annual fees at higher tiers.

Truist checking includes full digital banking: check deposits, transfers, bill pay, and Zelle®. You’ll get fraud protection, custom alerts, and access to 3,000+ ATMs and 1,900 branches. If you hold a Truist business checking account, linking it can waive your personal account’s monthly fee.

Truist Confidence Account

As part of the Truist checking lineup, the Confidence Account offers a safe, low-cost option designed for individuals who want more control over their spending.

You can open this account with just $25, making it accessible to nearly everyone. The $5 monthly maintenance fee is easy to waive if you meet one of the following:

• Receive $500 or more in total deposits per statement cycle

• Make at least 10 qualifying transactions per statement cycle

• Be a student

• Be under age 25 or age 62 and older

Unlike traditional checking accounts, Truist Confidence Account won’t allow you to spend more than your available balance. Moreover, thanks to Truist’s digital banking tools, users can monitor account activity, manage payments, and maintain full visibility over their balance more easily. It’s especially helpful when aligning spending habits with larger goals like investing or credit rebuilding.

Notable Features: 

• No check cashing fees, so you can access your funds without additional costs

• No overdraft-related fees, even when a transaction is declined

• Online and mobile bill pay for convenient payment management

• Account alerts and free credit monitoring to keep you informed and on track

• Free financial education resources through Truist Money and Mindset

• Access to over 3,000 ATMs and a wide network of Truist branches for in-person support when needed

This account is especially well-suited for individuals who want to avoid the risks and fees associated with overdrafts. It’s also a smart choice for those just beginning to use banking services. Additionally, it supports people who are focused on building long-term financial confidence through responsible money management.

Truist Simple Business Checking

Truist Simple Business Checking is a beginner-friendly account designed for businesses with light activity and limited cash deposit needs. It’s ideal for startups, freelancers, and side hustles looking to avoid the cost and complexity of traditional business accounts.

Unlike many competitors, this account charges no monthly maintenance fee, making it a budget-conscious choice for new ventures. You can handle everyday banking with confidence, knowing that fees only apply when you go beyond included limits.

Notable features include:

• 50 free combined transactions monthly (including checks, withdrawals, and digital payments)

• $2,000 in free cash deposits per month, with a small fee on the excess

• No minimum balance required- ideal for businesses in early growth stages

• A $25 discount on your first check order

Every Simple Business Checking account comes with a business debit card for easy spending. You can request additional cards for employees, giving you better expense control. If your business involves vehicles or delivery, Truist also offers auto loan options that integrate smoothly with your business account.

Managing the account is easy with Truist’s intuitive digital banking tools. You can monitor balances, track transactions, and stay protected with built-in Fraud Inspector™ features—designed to spot suspicious activity early and help safeguard your funds on the go.

Truist Dynamic Business Checking

Truist Dynamic Business Checking is built for companies with higher transaction volumes and more complex financial operations. It’s a strong choice for businesses looking to scale efficiently.

One major benefit is its generous monthly limits. You get up to 500 free combined transactions, covering checks, ACH transfers, debit purchases, and electronic payments. You also receive $25,000 in cash deposits per month at no charge. If you exceed these limits, Truist applies modest per-item and per-dollar fees, but most businesses stay within the free range.

Although this account carries a $20 monthly fee, you can avoid it by maintaining a $5,000 average balance across qualifying Truist business accounts.

What sets Dynamic Business Checking apart is its tiered rewards structure. Based on your account balance, Truist offers escalating benefits:

• Core Tier: Earn a 10% bonus on business credit card rewards and get discounts on the Delta SkyMiles® Business Debit Card.

• Plus Tier: Enjoy a 25% rewards boost, reduced loan rates, merchant service credits, and additional fee waivers.

• Preferred Tier: Access premium perks, including a 50% rewards bonus, unlimited ATM fee waivers, and higher merchant credits.

Additionally, this Truist checking account includes powerful digital banking tools. You’ll benefit from mobile and online access, personalized alerts, and enhanced security through Fraud Inspector™ monitoring. Truist also includes up to four free incoming wire transfers per month, helping businesses that work across multiple partners or locations cut costs.

Overall, Truist Dynamic Business Checking delivers flexibility, rewards, and tools for companies ready to grow.

Truist Community Checking

Truist Community Checking is designed for nonprofits, civic organizations, and community-based groups. It offers simple, affordable banking without the fees and complexity of standard business accounts. This account supports mission-driven entities that need to manage transactions and deposits while keeping overhead low.

One key benefit is its generous monthly allowances. Each month, you get 225 free combined transactions, including checks, electronic payments, and debit card use.

Even more helpful, the account allows for unlimited free cash deposits. Most organizations won’t face extra fees, even with regular deposit activity. Plus, there’s no monthly maintenance fee no matter your balance.

Unlike traditional business accounts that charge fees for low balances, Truist Community Checking keeps your funds focused on your mission. It gives you the tools to manage money efficiently, without eating into your budget.

Truist also includes digital banking features to make account management easier. You can track transactions online, receive alerts, and get support when needed. These tools are necessary for nonprofits managing multiple income sources, from donations to grants and even short-term relief like payday loans in urgent cases.

Like other Truist checking options, this account comes with a check order discount, live customer service, and full access to branch services. For nonprofits that run fundraising drives or resale shops, combining checking with reserve investing can help support long-term sustainability.

In short, Truist Community Checking delivers the ease and flexibility nonprofit leaders need so they can spend less time on banking and more time making an impact.

Opening A Truist Checking Account

Opening a Truist checking account for either personal or business use, is a simple and secure process. By preparing the required information in advance, you can save time and avoid delays during the application.

Provide Basic Information

Truist requires some personal or business details to begin the account setup:

For personal accounts, you’ll need:

• Full legal name

• Date of birth and Social Security Number (SSN)

• Two years of residential address history

• Employment and income information

• Valid government-issued ID

For business accounts, be ready to provide:

• Legal business name and structure (e.g., LLC, sole proprietorship)

• Tax ID (EIN or SSN for sole proprietors)

• NAICS industry code and state of registration

• Estimated annual revenue

• Personal details of all authorized signers

Make Your Opening Deposit

• For most personal checking accounts, Truist requires a minimum deposit of $25.

• For business checking accounts, the minimum deposit is typically $100.
  You can fund your account by debit card, ACH transfer, check, or cash depending on the application method.

Meet Eligibility Criteria

To open any Truist checking account, applicants must:

• Be at least 18 years old

• Have a valid U.S. Tax Identification Number (TIN or SSN)

• Reside or operate within Truist’s service area

Meeting these requirements helps ensure smooth application approval and future banking eligibility (such as loans or mortgages).

Choose How to Apply

If you apply online, you’ll be asked to:

• Complete your personal or business information

• Add authorized signers (if applicable)

• Review and accept terms

• Submit the application electronically

Truist allows you to save progress and return later if needed. After submission, you may be contacted for identity verification or supporting documents.

Truist checking accounts offer reliable, flexible solutions for both individuals and businesses. With a variety of account types, digital convenience, and strong in-branch support, Truist makes it easy to find a checking option that fits your financial lifestyle. Whether you’re managing personal expenses, launching a startup, or running a nonprofit, Truist delivers the tools, features, and service you need to bank with confidence.