SunTrust Bank Select Savings Account Review

SunTrust Bank Select Savings Account is offered by SunTrust Bank, a bank founded in 1865 and based in Atlanta, GA. SunTrust Bank Select Savings Account is available in 11 states (and Washington, DC).

Are savings accounts from SunTrust Bank federally insured?

Yes, your SunTrust Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). 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.

Does SunTrust Bank offer a signup bonus?

SunTrust Bank Select Savings Account doesn't offer a signup bonus.

What is the minimum balance for SunTrust Bank Select Savings Account?

What APY does SunTrust Bank offer?

SunTrust Bank Select Savings Account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What features and perks does SunTrust Bank Select Savings Account offer?

This account includes the following features.

What fees does SunTrust Bank Select Savings Account charge?

SunTrust Bank Select Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $1,000. Avoid the monthly fee by setting up a direct deposit of at least $25.

• Outgoing domestic bank transfers come with a $25 fee.
• Incoming domestic bank transfers come with a $15 fee.
• Outoing international bank transfers come with a $50 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $30 fee.
• SunTrust Bank Select Savings Account charges a $25 fee for an early account closure. Contact SunTrust Bank Select Savings Account for more details on what is considered an early closure.