Truist One Money Market Account

Unaffiliated

in Money Market Accounts from Truist Financial Corporation · Member FDIC

Not enough votes for recommendation

Highlights
APY (Annual Percentage Yield)	0.01% (Verified 08/04/2023)
Minimum Balance to Earn APY	$1
Minimum Opening Deposit	Starting at $50

Truist One Money Market Account Review

Truist One Money Market Account is offered by Truist Financial Corporation, a bank founded in 2019 and based in Charlotte, NC. Truist Bank Money Market are available in 50 states (and Washington, DC).

Key Takeaways

Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.01.
Monthly maintenance fee waiver. The MMF can be waived for the Truist One Money Market Account for each statement cycle by maintaining a minimum daily ledger balance of $1,000 or more.
Small minimum initial deposit. You only need $50 to open an account.

Pros & Cons of Truist One Money Market Account

Pros	Cons
Available in all 50 states. Does not offer mobile check deposits. Free debit card	No signup bonus. Monthly service charge.

Truist One Money Market Account FAQ

Are money market accounts from Truist Financial Corporation federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #9846). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for Truist Bank Money Market rates?

Truist One Money Market Account Rates and Terms
Rates	Amount
APY	0.01%

Truist Bank Money Market offers an APY of up to 0.01% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a balance of $1.

What are the fees for Truist One Money Market Account?

This account charges a monthly maintenance fee of up to $12.

Truist One Money Market Account Fees
Fees	Amount
Monthly Fee	up to $12
Paper Statement Fee	$3

What is the minimum balance for Truist Bank Money Market?

Minimum deposit of $50. You must make an initial deposit of at least $50 to open this account.

Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.

What features and perks does Truist Bank Money Market offer?

This account includes the following features:

What is the customer service phone number?

The customer service number for this account is .

What is the support contact email?

The support contact email for this business credit card is clientresolution@truist.com.

How to open an account with Truist Financial Corporation

Visit the Truist Financial Corporation website.
Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
Check the information is accurate and submit your application.

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