Suntrust Bank is offering residents in one of the following states a chance to earn a $600 bonus for signing up for a new business checking account and meeting certain requirements: AL, AR, GA, FL, MD, MS, NC, SC, TN, VA, D.C., WV. Below is all the information and details you need to earn your Suntrust Bank $600 Business Checking Bonus!

Suntrust Bank $600 Business Checking Bonus Account Summary

To earn your Suntrust Bank $600 Business Checking Bonus, simply open a new SunTrust Business Checking Account and complete the specified requirements.

• Bonus Offer: Suntrust Bank $600 Business Checking Bonus
• Availability: AL, AR, GA, FL, MD, MS, NC, SC, TN, VA, D.C., & WV (Bank Locator)
• Expiration: 01/02/2018
• Credit Inquiry: Soft Pull
• Credit Funding: Yes, up to $100.
• Opening Deposit Requirement: $100 minimum
• Direct Deposit Requirement: No
• Monthly Service Fee: $25, see below on how to waive the fee
• Early Termination Fees: If the NEW business checking account is closed by the client or SunTrust within 180 days after opening, SunTrust reserves the right to deduct the reward amount from the account at the time of closing.
• Promo Code(s): SB17Q4SOLUTION

Application Link

Suntrust Bank $600 Business Checking Bonus: If you are eligible for this bonus offer, visit your nearest branch (must go online and receive an emailed coupon), call over phone, or go online to open a new account.

If you are interested in more Suntrust Bank Deals, Bonuses, and Promotions, see our compiled list of Suntrust Bank Deals here.

Bonus Requirements

Open up a new SunTrust Business Checking Account with a minimum of $100 whether it be:

Opening online: The business checking account must be opened via the “Open Now” link on the promotional landing page by entering the promo code “SB17Q4SOLUTION” in the SunTrust online account application. After reviewing the terms and conditions, make sure “Yes” is selected in the “Special Offer” page to be enrolled for this offer. You will receive an enrollment confirmation email within ten days of account opening.

Opening in-branch or by phone: Visit your local SunTrust branch to open a new eligible business checking account. During the account opening process, ask the SunTrust representative to enroll you in the “Q4 Small Business Solutions Offer” and provide them with promotion code “SB17Q4SOLUTION”. You will receive an enrollment confirmation email. If you have not received a confirmation within 24 hours of enrolling in the offer, please visit your local branch or contact SunTrust at 800-485-8061.

Whether opening online, in-branch, or over phone, here are the steps:

• First:
  • Open a Simple Business Checking, Primary Business Checking or Business Advantage Plus account between October 16, 2017 and January 2, 2018. (There is no monetary reward solely for opening the new business checking account.)
  • Enroll in the offer using promotion code SB17Q4SOLUTION at account opening. (Enrollment is required at account opening.)
  • Make cumulative qualifying deposits* of $1500 or more into your new business checking account within 60 days of account opening and maintain a positive balance until the reward is processed to qualify.
• Then you must complete ALL of the additional steps to qualify for the reward(s):
  • Earn $200 for opening a new Business Advantage Money Market account and making $20,000 in cumulative qualifying deposits
  • Earn $200 for opening and activating a new SunTrust Business Credit Card and making one qualifying purchase within 60 days of opening your new business checking account.
  • Earn $200 by opening a new SunTrust Merchant Services account that is active and processing $20.01 or more in credit card sales transactions with the net funds settling into the newly opened SunTrust business checking account within 60 days of opening the new eligible business checking account.

Avoid Monthly Fees

• Primary Business Checking: Avoid the $12 monthly fee with a daily minimum average balance of $1,500 or more
• Total Business Banking Checking: Avoid the $20 monthly fee with a daily minimum average balance of $5,000 or more OR a $10,000 minimum balance when combined with a Money Market Account.
• Business Advantage Plus Checking – Avoid the $25 monthly fee if the daily collected balance combined with two other SunTrust Business Advantage Plus accounts is equal to $20,000 or more.
• Business Advantage Money Market: No monthly fee if you maintain a low minimum balance requirement of $500

Author’s Verdict

This Suntrust Bank $600 Business Checking Bonus is pretty generous but you will need to open three additional accounts/services to earn the full bonus. This account only requires a soft pull which is great and you are required to keep the account open for 180 days. Definitely a mid effort bonus to achieve if your business is thriving! If your business does not qualify, no worries! Check our Suntrust Bank Deals List for business bonuses more suitable for your means! Let us know about your thoughts and experience with this bonus and/or inform us with what bonuses you think are great in the comment section below! Be sure to check back on BankDealGuy for more bank deals!