Suntrust $150 bank bonus, easy terms, no dd, nationwide

From Bankdeals

Promo splash page

Fee Schedule

$150 Incentive for “New Clients”: Client receives $50 when they open a new SunTrust personal checking account from February 1, 2010 through April 30, 2010, enroll their new SunTrust personal checking account in the promotion via suntrust.com/solid, and make three bill payments through SunTrust Online Banking with Bill Pay within the next two calendar months out of the new personal checking account enrolled in the promotion. To receive the additional $100, the client must qualify for the $50 offer and must continue to make at least three payments each month for the next consecutive three months through SunTrust Online Banking with Bill Pay out of the same personal checking account enrolled in the promotion.

I opened the free checking, instant approval (with account numbers and login info) online. I'm in a State with Suntrust branches, but no indication of geographic restrictions.

The application looked like a softpull (with verification questions), but I didn't confirm before applying. Nothing is on my TU, and I haven't got a notification from citi id monitor yet for EQ or EX(though it usually takes a day or so).

Free Checking has pretty much no fees, but a $25 closing fee within 6 months. Also, a $20 account closure fee if you do it "by mail", so that might be tough for out of staters... but I don't see a problem with letting the account rot.

In New York State and received the following:

We are unable to complete your application at this time.
Please visit a branch or call us at 866.351.1084 for further assistance.
Error code 150

Update:

I just called the above number, set up the account and funded from a checking account ($25 minimum). I verified that NYS residents are eligible. I think I answered one of the Equifax questions wrong online that generated the above error..

Offer valid for U.S. residents. Client must be 18 years or older to participate

Now I just need to figure out which of my other 6 checking accounts I should close. I usually wait a year after getting the bonus before I think about closing the account. Give the illusion I will be a longtime customer.

I am a little confused by the "enroll their new SunTrust personal checking account in the promotion via suntrust.com/solid".

I signed up for the promotion through this link, so am I already enrolled?

Also, what constitutes an online payment? Can I write checks online to my spouse or do these need to be to some business? Couldn't I just automatically set up three recurring payment of $1 to my spouse and I would be all set to meet the obligations for this promotion? Or maybe a $1 to my wife and $1 to each of my two kids?

NY guy, maybe you missed something on the credit verification, or your address doesn't verify with USPS

Yep, you nailed it.

ivanivanix said: Suntrust hard-pulls Equifax

Got error code 150 after answering verification questions (correctly). Called number listed on the error page to complete application. CSR stated that there was NO hard pull in this application process. Application successfully completed over the phone by CSR in about 3 minutes.

My biggest question is - how does one do 3 bill pay things without having any bills to pay?

wilkinru said: My biggest question is - how does one do 3 bill pay things without having any bills to pay?

I'll send you a bill to pay, fair enough?

Can you close the account once you get the bonus and do they charge you any fees to close the account?

from OP "..Free Checking has pretty much no fees, but a $25 closing fee within 6 months. Also, a $20 account closure fee if you do it "by mail", so that might be tough for out of staters... but I don't see a problem with letting the account rot."

lowfoo said: Can you close the account once you get the bonus and do they charge you any fees to close the account?

joeuhc said: In New York State and received the following:

We are unable to complete your application at this time.
Please visit a branch or call us at 866.351.1084 for further assistance.
Error code 150

Update:

I just called the above number, set up the account and funded from a checking account ($25 minimum). I verified that NYS residents are eligible. I think I answered one of the Equifax questions wrong online that generated the above error..

Offer valid for U.S. residents. Client must be 18 years or older to participate

Now I just need to figure out which of my other 6 checking accounts I should close. I usually wait a year after getting the bonus before I think about closing the account. Give the illusion I will be a longtime customer. My online application required a minimum funding of $100.

Any exp of how likely to get the bonus..suntrust reputation is not that great in terms of paying out bonuses..do a google search and you will know..

Please post if you ever got your past bonuses from this bank...

Did a google search, and I don't know.

After using a multi-variate regression with a kurtosis skew analysis, I then consulted an astrologist, a Cherokee tracker, and a fetal alcohol prescient born with a caul over his face... the results... the liklihood of getting the bonus is an odds ratio of 3.2819 out of 5.28118181818

Required $100 minimum to open account for me. Thanks OP!

kevinjjc said: Mikawl said: Thanks for the heads up... the $20 fee by cancellation by mail may be a deal-breaker for me. I've had a tough time canceling previous bank accounts by mail (no branches in my area)...for FREE let alone tacking on a $20 fee.

Otherwise, I'd be all over this...

Can't you just cancel over the phone?

Some banks make you show up in branch or mail in your cancellation and NOT over the phone. Strange but true.

How long between bonuses? I opened a Suntrust over a year ago and for a promo and closed it several months ago. Was hoping I could do this one too.

Candidate needs to be the US citizen to open the account online.

gwu1986 said: .......My online application required a minimum funding of $100.
For those that said that their min. funding is $100: I looked at the fee schedule; and there are serveral checking a/c. Those that require $100 opening deposit also charges a monthly maintenance fee unless they meet the min. balance requirement of thousands of dollars.

There is a Free checking a/c that requires NO minimum opening deposit and no monthly fee.

So, you should double check which checking a/c you have signed up for.

There are 2 charges on the Fee schedule that I don't understand -- both on pg. 3:

1. Screen print statement $5/statement [on the left-hand column]

2. What is the difference between Online Banking (free) and PC Banking ($6-10/mo.)?

TIA

invisible said: fat9wallet said: gwu1986 said: .......My online application required a minimum funding of $100.For those that said that their min. funding is $100: I looked at the fee schedule; and there are serveral checking a/c. Those that require $100 opening deposit also charges a monthly maintenance fee unless they meet the min. balance requirement of thousands of dollars.

There is a Free checking a/c that requires NO minimum opening deposit and no monthly fee.

So, you should double check which checking a/c you have signed up for.Even on trying FREE checking that supposedly has no min funding, on acct opening seems to want min $100 funding....

Hope it is not opening other type of acct though it does say free checking.... keeping all screenshots ...Yes, I clicked the ? button when funding the free checking account, and the minimum funding was $100 when transferring the initial deposit from another bank.

My initial comment was regarding the poster who was able to open the account by phone when his online application failed, and funded with $25.

this is a terrible everyday bank, they never wave fees, are totally overpriced for everything, however they do pay their bonuses.

thanks for your reply now i need to close couple more accounts (from family members )