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Truist savings rates
Truist Bank has two savings accounts: Truist One Savings and the Truist Confidence Savings Account.
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$50
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$50
Details
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$50
Pros & Cons
Highlights
Truist Confidence Savings Account
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$25
Truist Confidence Savings Account
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$25
Details
Annual Percentage Yield (APY)
0.01%
Minimum Deposit Amount
$25
Pros & Cons
Highlights
The accounts don’t have any major differences, and neither pays an impressive interest rate. Your choice between the two will likely come down to which checking account you want to open.
If you want a Truist One Checking Account, which comes with perks like extra rewards on Truist credit cards, you’ll want to link it to Truist One Savings. For a Truist Confidence Account that has a lower monthly fee, you’ll link it to a Truist Confidence Savings Account.
How Truist savings rates compare
We’ve compared Truist savings accounts to what you’ll get with two other big banks in the Southeast: Wells Fargo and Chase.
Compare Truist to our top picks
Editor’s Rating
Editor’s Rating
Editor’s Rating
0.01% effective as of 10/10/2022. Interest rates are variable and subject to change
Other Truist savings options
The Truist Bank One Money Market Account pays 0.01% APY. The main difference between the money market and savings options are that the money market account comes with paper checks and a debit card.
A Truist Bank CD pays 0.01% to 3.00% APY, depending on the term.
Truist savings rates FAQ
Truist savings accounts are not good for earning high interest rates. They have other strong qualities, though. For example, it’s relatively easy to waive their monthly service fees, and you don’t need much money to open an account.
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