SunTrust Bank will give you a $125 bonus when you open an Everyday Checking account and make a single direct deposit of $1,000 or more within 60 days of account opening, valid through September 30, 2014.
I just discovered this new SunTrust Bank promotion via an advertising link within my Google Gmail account, and they’ve increased the bonus from $100 for the previous offer (posted on May 13th) to $125 for this new offer (originally posted on July 22nd and now extended through September 30th), although the direct deposit requirement has also been increased from $500 to $1,000.
SunTrust operates in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington D.C.
Just open a SunTrust Everyday Checking account and make a single qualifying direct deposit of $1,000 or more to qualify for the $125 bonus offer.
SunTrust $125 Everyday Checking Bonus
You must visit the $125 SunTrust Everyday Checking Promotional Page and click the “Open Now” box to get this offer.
Alternatively, you can enter the Promo Code Summer14Everyday in the SunTrust online application in the New Account Center on SunTrust.com.
To qualify for the $125 bonus, a single qualifying direct deposit of $1,000 or more must be deposited into the Everyday Checking account within 60 days of account opening.
A qualifying direct deposit is a direct deposit of your salary, pension, Social Security, or other regular monthly income electronically deposited into your account by your employer or an outside agency.
Your Everyday Checking account must remain open when the reward is processed in order for you to receive the $125 reward, which will be credited to the Everyday Checking account within 8 weeks after the qualifying direct deposit is made.
SunTrust clients who already have a checking account with SunTrust (as a primary or secondary account holder) are not eligible for this promotion.
SunTrust clients who closed a personal checking account within 30 days of the promotional start date will not be eligible for the $125 promotional incentive (I’m not positive on the promotional start date, but I first discovered this new offer on July 22, 2014).
This offer is only available online by clicking on the “Open Now” link or by entering the promo code Summer14Everyday in the SunTrust online application in the New Account Center.
The offer may not be combined with any other offers.
There is a limit of 1 bonus per household.
SunTrust Everyday Checking Account Monthly Fee Details
The Everyday Checking account allows you to avoid the monthly maintenance fee with a $500 minimum daily collected balance in your Everyday Checking account OR if you have a monthly direct deposit of $100 or more.
Otherwise, there is a $7 monthly maintenance fee.
You may also be interested in this SunTrust Savings Account Promotion to earn more rewards with SunTrust Bank.
Get this $125 SunTrust Everyday Checking account bonus for a limited time, as SunTrust Bank checking account promotions are relatively rare, although this is the second promotion in a row that they have done.