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Truist Bank: Overall Rating
| Feature | Insider rating (out of 5) |
| Savings | 3.5 |
| Checking | 4 |
| CD | 3.25 |
| Money market | 3 |
| Trustworthiness | 5 |
| Total | 3.75 |
Truist Bank Pros and Cons
| Pros | Cons |
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Truist One Savings Review
The
Truist Confidence Account Review
The
You'll have to be mindful of a
Truist Bank Certificate of Deposit Review
You may like Truist for a 7-month or 12-month CD term. It pays high rates on these terms that are competitive with some of the best CD rates right now. But other Truist CD rates are very low.
Truist Bank Money Market Account Review
Truist's
Otherwise, the bank's savings account will be easier to manage since it doesn't have a monthly fee.
About Truist Bank
Truist Bank is a national brick-and-mortar institution with over 2,000 branches and 3,000 ATMs. You'll find a brick-and-mortar location in the following states:
- Alabama
- Arkansas
- Georgia
- Florida
- Indiana
- Kentucky
- New Jersey
- Maryland
- Mississippi
- North Carolina
- Ohio
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- West Virginia
- Washington, DC
In July 2022, Truist Bank launched Truist One Banking. Truist Banking offers new bank accounts that allow new customers to avoid overdraft fees. Two checking accounts now offered by Truist Bank are the the Truist Confidence Account and Truist One Checking. Previously, Truist had also discontinued fees for overdraft protection transfers and overdrawn account balances on existing consumer accounts.
To get in touch with a customer service representative, call from 8 a.m. to 8 p.m. ET on weekdays or 8 a.m. to 5 p.m. ET on Saturdays.
The Truist mobile app has 4.7 out of 5 stars in both the Apple and Google Play stores.
Truist is FDIC insured. You'll be able to deposit up to $250,000 in an individual bank account and your money will be secure.
Is Truist Bank Trustworthy?
The Better Business Bureau rates businesses on how they respond to customer issues, advertise, and handle transparency. Trust Bank received an A+ rating from the BBB.
A good BBB rating won't necessarily ensure that your relationship with an institution will be the same as everyone else's relationships, though. To see if Truist is a good match, talk to current customers about their experiences or read online customer reviews.
Truist hasn't been involved in any recent public scandals.
How Truist Bank Compares
Truist Bank vs. Regions Bank
These are two banks in the Southeast with substantial branch and ATM networks, so your decision will likely come down to differences in individual accounts.
If you plan to open a savings account, you may favor Regions Bank over Truist Bank. The
You may favor Truist Bank if you'd like to open a checking account. It's a bit easier to waive monthly service fees at Truist Bank than Regions Bank.
Truist Bank vs. Fifth Third Bank
You'll probably lean more toward Truist Bank if you're looking to open a savings account.
The opposite is true when it comes to checking accounts. Fifth Third Bank will likely edge out Truist and even Regions. It has a free checking account that doesn't require a minimum opening deposit and is part of the Allpoint ATM network, which provides access to over 55,000 free ATMs.