You're looking to snag that sweet $400 bonus from Truist, are you? Excellent choice! Bank bonuses can be a fantastic way to give your finances a little boost, and Truist often has some compelling offers. While the specific terms and conditions for bonuses can change, I can provide you with a comprehensive, step-by-step guide based on the most common Truist offers, particularly those for personal and small business checking accounts, which seem to be the primary ones offering a $400 bonus as of June 2025.
Let's dive in and get you on your way to earning that extra cash!
Unlocking the Truist $400 Bonus: Your Step-by-Step Guide
Step 1: Are You Eligible? Let's Find Out First!
Before we even talk about opening an account, the most crucial first step is to confirm your eligibility. Imagine going through all the effort only to find out you don't qualify! Truist, like most banks, has specific criteria for their bonus offers.
Here's what you'll typically need to consider:
- New Customer Status: This is almost always the biggest hurdle. Are you a new Truist checking client? Most offers are explicitly for new customers. This usually means you cannot currently have a Truist personal or business checking account, nor can you have closed one within a specific timeframe (e.g., on or after February 28, 2023, or July 7, 2024, for business accounts, depending on the offer).
- Residency Requirements: Truist generally offers these bonuses to residents in specific states or the District of Columbia. Common eligible states include Alabama, Arkansas, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia,
and West Virginia. Make sure your mailing address is within an eligible region. - Age and Tax ID: You must typically be a U.S. resident, at least 18 years or older, and have a valid U.S. taxpayer identification number (SSN for personal, TIN/EIN for business).
- Offer Specificity: Are you looking for a personal checking bonus or a business checking bonus? Truist often has separate $400 offers for each, with different requirements. This guide will cover both, so pay close attention to which one applies to you.
- Promo Code Alert! Many Truist offers require a specific promotional code. This is absolutely critical. Without the correct promo code applied at account opening, you will likely not receive the bonus.
Engage with me here: Have you had a Truist checking account before, or is this your first time considering them? Knowing this helps tailor the advice even further!
Step 2: Choosing Your Account Type
Truist currently offers $400 bonuses for both a personal checking account and certain business checking accounts. Your choice will depend on your needs and how you can meet the bonus requirements.
Sub-heading: Personal Checking - Truist One Checking
The Truist One Checking account is a popular choice for personal banking bonuses.
- Key Features (often include): No overdraft fees, potential for monthly maintenance fee waivers (e.g., with direct deposits or certain balances), and loyalty bonuses for linked credit cards.
- Bonus Expiry: As of June 2025, promotions for the Truist One Checking $400 bonus are often valid until around October 29, 2025. Make sure to verify the exact expiration date for the offer you're pursuing.
Sub-heading: Business Checking - Simple Business Checking or Dynamic Business Checking
For small business owners, the Truist Simple Business Checking or Truist Dynamic Business Checking accounts frequently offer a $400 bonus.
- Simple Business Checking: Generally designed for businesses with simpler banking needs, often with no monthly maintenance fee.
- Dynamic Business Checking: Caters to growing businesses with more transactions and potentially higher balances, offering more perks as your relationship with Truist grows.
- Bonus Expiry: Promotions for business checking $400 bonuses are often valid until around September 30, 2025. Again, confirm the specific dates for the offer you find.
Step 3: Initiating Your Account Opening
Once you've determined your eligibility and chosen the right account, it's time to open it! You typically have a few options:
- Online Application (Recommended for Bonuses): This is often the easiest and most reliable way to ensure the promo code is applied correctly. Look for specific landing pages on the Truist website dedicated to the bonus offer. Clicking directly from a promotional link (like those found on financial news sites that track bank bonuses) often pre-fills the promo code for you.
- In-Branch Application: If you prefer a face-to-face interaction, you can visit a Truist branch. Crucially, make sure you have the exact promo code with you and explicitly tell the banker that you are applying for the $400 bonus offer using that code. Get confirmation that it's applied.
- Phone Application: Some offers might allow you to open an account over the phone. Be sure to provide the promo code clearly to the representative.
Sub-heading: Don't Forget the Promo Code!
I cannot stress this enough: the promo code is paramount. For the Truist One Checking $400 bonus, a common past promo code was TRUIST400DC24, though this may have been superseded. For business checking, codes like SB25Q2CHECKING have been used. Always verify the most current and correct promo code directly from Truist's official promotion page or a reputable financial news source.
Step 4: Meeting the Qualifying Activities - The Path to Your $400
This is where the rubber meets the road. To earn the bonus, you'll need to complete specific activities within a set timeframe after opening your account. These requirements vary slightly between personal and business accounts.
For Truist One Checking (Personal Account):
- Qualifying Direct Deposits: The most common requirement is to receive a certain amount in qualifying direct deposits within a specified number of days (e.g., $1,000 or more within 120 days).
- What counts as a "qualifying direct deposit"? This typically includes payroll checks from your employer, government benefits payments (Social Security, disability, etc.), or pension payments.
- What usually DOES NOT count? Transfers from other bank accounts (even if they are yours), Zelle transactions, and peer-to-peer payments usually do not qualify.
- Tip: Set up direct deposit with your employer or benefit provider as soon as your account is open. Ensure the deposits total the required amount. Sometimes, it's two separate direct deposits that add up to the total, or simply a total sum from one or more direct deposits.
- Debit Card Purchases (Less Common but Possible): Some past offers have also included a requirement for a minimum number of qualifying debit card purchases (e.g., 15 qualifying debit card purchases within 90 days).
- What counts: Everyday debit card purchases, including recurring transactions, online purchases, and digital wallet purchases.
- What doesn't: ATM withdrawals and Zelle transactions.
For Simple Business Checking / Dynamic Business Checking:
- Qualifying Deposits: Typically, you'll need to deposit a certain amount of "new money" into your account within a short period after opening (e.g., $2,000 or $1,500 in qualifying deposits within 30 days).
- New money means funds that were not previously held at Truist.
- Most types of deposits count, except for things like NSF fee refunds or debit card credit transactions.
- Maintain Balance (Less Common but Possible): Some business offers might require you to maintain a certain minimum daily balance for a period after the initial deposit.
Step 5: Account Maintenance and Bonus Payout
You've opened the account and diligently met the requirements. Now, what?
- Keep Your Account Open and in Good Standing: This is vital. Your account must remain open, have a positive balance (even if it's just a few cents), and be in good standing until the bonus is paid out. If you close the account prematurely or let the balance drop to zero or negative, you could forfeit the bonus.
- Monitor Your Account: Keep an eye on your account statements or online banking.
- Bonus Payout Timeline: Truist typically states that the bonus will be deposited into your new checking account within four weeks (or sometimes two weeks or 14 days, depending on the specific offer) after you have met all the qualification requirements. This timeline can vary, so always refer to the specific offer's terms.
Step 6: Avoiding Monthly Maintenance Fees
While you're earning your bonus, you'll want to avoid any monthly maintenance fees that could eat into your newfound cash. Truist accounts often have fees, but they also offer several ways to waive them.
For Truist One Checking:
Common ways to waive the monthly maintenance fee (which can be $12):
- Receiving $500 or more in total qualifying direct deposits per statement cycle.
- Maintaining a total combined ledger balance of $500 or more in Truist related accounts (personal deposits and investments).
- Having a Truist personal credit card, mortgage, or consumer loan (excluding LightStream).
- Having a linked Small Business Checking account.
- Being a student under the age of 25, or being age 62 and older.
For Business Checking Accounts:
Fee waivers vary by account type. For example, Truist Simple Business Checking often has no monthly maintenance fee. Dynamic Business Checking might have a fee that can be waived by maintaining a certain combined average relationship ledger balance (e.g., $5,000).
10 Related FAQ Questions
Here are some quick answers to common questions about Truist bank bonuses:
How to check if I'm eligible for a Truist bonus?
You are typically eligible if you are a new Truist checking client (meaning you don't currently have or haven't closed a Truist checking account within a specific past timeframe, usually 12-24 months), meet residency requirements for the offer, and are of legal age with a valid Tax ID.
How to find the correct Truist promo code for the $400 bonus?
Always check the official Truist website's "Offers" or "Promotions" section, or reliable financial news websites that track bank bonuses for the most current and accurate promo codes. Do not rely on outdated information.
How to set up direct deposit for the Truist bonus?
After opening your account, you can typically download a direct deposit form from Truist's website or contact your employer's payroll department or your government benefits provider to update your banking information with your new Truist account details.
How to track my progress towards the Truist bonus requirements?
You can usually track your direct deposits and account activity through your Truist online banking portal or mobile app. Keep detailed records of your deposits and transactions.
How to know when the Truist $400 bonus will be deposited?
Truist typically states the bonus will be deposited within four weeks (or sometimes 14 days/two weeks) after all the qualifying activities have been met. Refer to the specific offer terms for the exact timeline.
How to avoid monthly fees on my new Truist account?
For personal accounts like Truist One Checking, you can often waive fees by maintaining a minimum balance, having regular direct deposits, or linking other Truist products. For business accounts, fee waivers depend on the specific account type and balance requirements.
How to contact Truist if I have issues with my bonus?
If you believe you've met all requirements and haven't received your bonus within the stated timeframe, contact Truist customer service directly via phone, secure message through online banking, or by visiting a local branch.
How to ensure my debit card purchases count for the bonus?
Focus on everyday purchases for goods and services. Avoid ATM withdrawals, Zelle transactions, and peer-to-peer payments, as these typically do not count towards debit card transaction requirements.
How to determine if a deposit is "new money" for business bonuses?
"New money" refers to funds that were not previously held at Truist. This means transfers from existing Truist accounts (personal or business) generally won't count. The funds must come from an external bank or source.
How to keep my Truist account in "good standing" to receive the bonus?
To remain in good standing, ensure your account maintains a positive balance (at least $0.01) and is not overdrawn or closed before the bonus is deposited. Avoid any fraudulent activity or unusual transactions that might flag your account.
