Truist checking accounts charge monthly fees between $5 and $12 depending on the account type. Truist One Checking, the primary consumer account, can have its $12 fee waived in three ways: a minimum daily balance of $1,500, qualifying direct deposits of $500 or more per month, or holding an active linked Truist product. The linked-product waiver is unique to Truist among major banks and provides an option for customers who cannot consistently meet the balance or direct deposit thresholds.
Truist Account Minimums at a Glance
| Account | Monthly Fee | Minimum to Waive | Balance Method | Other Waivers |
|---|---|---|---|---|
| Student Checking | $0 | No fee | N/A | Eligible students at accredited colleges |
| Confidence Account | $5 | Cannot be waived | N/A | Second-chance account |
| One Checking | $12 | $1,500 | Minimum daily | $500+ direct deposit, or active linked Truist product |
| One Savings | $5 | $300 | Minimum daily | Linked Truist checking account |
How Truist Calculates Your Balance
Truist One Checking uses minimum daily balance. Your balance must stay at or above $1,500 on every single day of the statement period. If your balance drops below $1,500 even once due to a large payment, the $12 fee applies for that period regardless of your balance on other days.
This is the same method used by Wells Fargo. For customers whose balances fluctuate around rent, car payments, or insurance bills, the direct deposit waiver is the more reliable route. A $500 qualifying direct deposit is the threshold most employed adults can meet with a standard paycheck.
Truist Confidence Account
The Confidence Account charges a fixed $5 monthly fee that cannot be waived through balance or activity. It is designed as a second-chance checking account for customers who cannot qualify for standard checking due to a ChexSystems history. The account declines transactions that would overdraft the balance, so no overdraft fees apply.
Truist One Checking
Truist One Checking charges $12 per month. The fee is waived when any one of three conditions is met during the statement period.
$1,500 minimum daily balance. The balance must stay at or above $1,500 on every day of the statement period. Because Truist uses minimum daily balance, a single dip below the threshold triggers the fee for the entire month.
$500 or more in qualifying direct deposits. This is the easiest waiver for most employed adults. A single payroll deposit of $500 or more satisfies the requirement. Qualifying sources include employer payroll, Social Security, pension, and government benefit payments. Peer-to-peer transfers do not qualify.
Active linked Truist product. An active Truist credit card, mortgage, home equity loan, auto loan, personal loan, student loan, or investment account waives the fee automatically. This is the only waiver among major banks that relies on a product relationship rather than balance or deposit activity.
Truist Savings Account Minimums
Truist One Savings charges a $5 monthly fee, waived by maintaining a $300 minimum daily balance or by linking the savings account to any Truist checking account. For Truist checking customers, the linked-account waiver means no specific savings balance is required.
For current Truist savings rates, see the Truist savings account guide.
How to Avoid Truist Monthly Fees
For most employed customers, setting up payroll direct deposit is the simplest path to waiving the Truist One Checking fee. A single deposit of $500 or more per month satisfies the condition without maintaining any specific balance.
Customers who are self-employed or whose income is variable may find the linked product waiver useful. Holding any active Truist credit card, even one not used frequently, satisfies this condition automatically each month. This removes the need to track balances or deposit amounts.
For a full breakdown of all Truist charges, see the Truist fees guide.
For a complete overview of Truist accounts, limits, and contact information, see the Truist complete guide.
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