Suntrust bank savings interest rates

This page includes analysis of our favorite cards from The Simple Dollar's advertisers and the marketplace. Visit our advertiser disclosure to learn more. SunTrust does have competitive interest rates on some products, but not all of them. However, it makes up for the less than competitive rates with other perks, such as giving customers an assortment of money management tools.

Promotional Certificates of Deposit (CDs) Interest Rates

Rates are unavailable now. Please try again in a few minutes. Return to the Personal Certificates of Deposit page. Limited Time offer. Offers are non-transferable and may not be combined with any other offers. Not available for public funds. A penalty is imposed for early withdrawals. Offer good for consumer and business accounts. The term or APY is subject to change at any time and without notice.

Rates may vary based on your SunTrust banking relationship. Special note for clients who purchased a promotional rate "Banker Special" auto renewing CD. Unless you instruct us otherwise, when this CD matures it will automatically renew:. Please visit your local branch or call us at 1 for current rates or for more information. Learning how to manage your finances well is an art, not a science, and passing along that knowledge to children or other young people in your life is even harder.

Here are some quick tips from influencers, old and new. Without adequate savings, it can be tricky to find money for unexpected expenses. Here are a few simple strategies you can use to create a surge in cash flow when you need it most.

Everyone has a financial story. All rights reserved. Link opens a new window. All other trademarks are the property of their respective owners.

Robb Variable Corp. Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. This may include differing underwriting guidelines, product features, terms, fees, and pricing. Home Skip to main content Skip to footer. Certificate of Deposit. Unless you instruct us otherwise, when this CD matures it will automatically renew: For the same time period as the original CD term At the SunTrust Standard interest rate based on the balance tier and the interest rate in effect for your local area at the time of each renewal, based on your renewal balance.

Savings Accounts. Discover what size equity line you might obtain. Savings Resource Center. What will it take to become a millionaire? Load More Articles. Helpful Links. New Accounts. Equal Housing Lender. Coronavirus Response.

Fees may reduce earnings on the account. Select Savings is limited to one account per client. The standard interest rate and annual percentage yield for this​. At the Bank's discretion, rates and yields are subject to change without notice after the account is opened. Interest is calculated and compounded daily on the.

The bank also provides commercial and small business financing solutions, as well as wealth management services for institutional and individual investors. Their online access make it easy and convenient to accomplish various account management tasks. The bank has also released a secure mobile app that allows customers to access to their accounts via smartphone or tablet device.

Using a bank is more secure than stuffing your cash in a shoebox or under a mattress.

Rates are unavailable now. Please try again in a few minutes. Return to the Personal Certificates of Deposit page.

SunTrust Bank Essential Savings Account Review

SunTrust App. Many banks offer savings accounts. One might be better suited to meeting your needs than another. An important question is whether to choose an online bank or a traditional bank for your savings. SunTrust Bank is a brick-and-mortar bank with locations in 11 states and Washington D.

Is the SunTrust Money Market Account Worth It?

It offers low fees for investors with high balances or regular monthly transfers. SunTrust maintains a solid reputation for customer service and has many physical branch locations, particularly in the Southeast region of the country. On the downside, this money market account pays lower interest than several comparable accounts from online banks, and its fees add up quickly for investors with low balances. A money market account is a type of savings account in which the bank invests your funds in a series of short-term, highly liquid, and very safe financial instruments, such as U. Treasury bills T-bills , municipal notes, and certificates of deposit CDs. Most money market accounts pay higher interest rates than standard savings accounts but offer the same level of safety. Money market accounts are viable investment vehicles for those who need to access their money in the near future but wish to earn at least a little interest on it in the meantime. For example, a person planning to buy a house in six months might take his down payment money out of the stock market and place it in a money market account.

Finder is committed to editorial independence.

You may also want to open a savings account with a high account balance to take advantage of the higher interest rate tiers. Most account charge a monthly fee and have high minimum deposit requirements.

SunTrust Advantage Money Market Savings Review: 1.50% APY (Nationwide)

Bankrate Score. Marcus by Goldman Sachs is a direct bank that offers personal loans and rewards savers with higher payouts. TIAA Bank is an online bank that offers a wide range of financial products. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where and in what order products appear. This table does not include all companies or all available products. Bankrate does not endorse or recommend any companies. Published March by TJ Porter. Our experts continually research, review, and rate banks to help you objectively compare and choose financial institutions to fit your needs. Low Minimum Deposit. If you live in the Southeast and prefer in-person banking, you might consider SunTrust. SunTrust is a bank that focuses on individuals who live in the southeastern United States. SunTrust offers a limited selection of CD terms.

Select Savings Account

With Select Savings, you can earn a bonus just for setting up a savings plan and contributing to it. View the details on why a Select Savings account could be right for you. Bonus is calculated on the month average ledger balance of the Select Savings account when the account is linked with an Advantage Checking or another qualifying SunTrust checking account. To receive the bonus, accounts must be open and in good standing on the date that the bonus is paid. Bonus will be credited to the Select Savings account on the anniversary of the account open date. Fees may reduce earnings on the account. Select Savings is limited to one account per client.