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$150 Checking Account Bonus at SunTrust - No DD Required - Available Nationwide

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SunTrust Bank

SunTrust is offering up to $150 for opening a new checking account and using online Bill Pay. Below are the steps as outlined at SunTrust's promotions page for those without a SunTrust checking account:

  1. Provide your e-mail address and SunTrust will send you step-by-step instructions on how to open a new account–and earn $150
  2. Register your SunTrust personal checking account in the promotion via suntrust.com/solid between February 1, 2010 and April 30, 2010.
  3. Make three bill payments through SunTrust Online Banking with Bill Pay from your registered personal checking account within the next two calendar months of the account opening date.
  4. Once these steps are complete, SunTrust will direct deposit $50 into the registered SunTrust personal checking account up to 10 weeks after the last bill payment was processed.

Receive an additional $100 when you:

  1. Qualify for the $50 offer above.
  2. Continue to make at least three payments each month for the next three consecutive months through SunTrust Online Banking with Bill Pay from the same personal checking account registered in the promotion.
  3. Once these steps are complete, SunTrust will direct deposit an additional $100 into the registered SunTrust personal checking up to 10 weeks after the last bill payment was processed.

There's also a $100 bonus for existing SunTrust customers who have not used online Bill Pay.

Reports from this FW thread indicate that it's available nationwide and there's no hard credit pull. You can apply online or by phone.

Thanks to the reader who mentioned this promotion in the Open Discussions Thread.

SunTrust is a FDIC member (FDIC Certificate # 867). It's one of the large regional banks with $166 billion in assets and $126 billion in deposits.

  Tags: SunTrust Bank, checking account

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Comments
6 comments.
Comment #1 by Anonymous posted on
Anonymous
Do you think i can pay the same company bill 3 times a month? Instead of paying my credit card in full? pay it weekly?

 

Hard credit pull?

3
Comment #2 by Anonymous posted on
Anonymous
To Anonymous - Sunday, February 14, 2010 - 9:00PM CT

 

I did exactly what you mentioned with ING's Black Friday special.  I made 3 small phone payments totaling $10 and they gave the bonus to me.  Unless there's something that specifically states that one can't make multiply payments, I don't see why not.

 

Hope this helps. 

1
Comment #3 by Anonymous posted on
Anonymous
just called and the guy was not 100% sure but he believed it was a hard credit pull

 

any one else asked?

2
Comment #4 by Anonymous posted on
Anonymous
SunTrust is too late to get on the free bill pay bandwagon.  Microscopic interest rate on checking plus bonus = not that great of a deal

1
Comment #5 by Anonymous posted on
Anonymous
To Anonymous - Tuesday, February 16, 2010 - 5:09 PM

You stated, "SunTrust is too late to get on the free bill pay bandwagon.  Microscopic interest rate on checking plus bonus = not that great of a deal".  Well, I would agree with you if you were planning on putting a lot of money into the account.  I just schedule 9 payments for Feb, March, & April that totaled less than $100.  To get a $150 bonus on a $100 deposit is a 150% interest rate.  Not bad by my standards!

7
Comment #6 by Anonymous posted on
Anonymous
Agreed on a very small amount in the account.  But my accounts have 5 or six figure amounts, so the loss in interest would exceed teh bonus money.

0