Credit Compound

Truist

Truist Business Checking (Simple / Dynamic)

A free starter tier and a perk-stacked upgrade for the Southeast

7.0
Our Rating
APY
None
Monthly Fee
$0 (Simple) or $20 (Dynamic), waivable
Minimum to Open
$100
ATM Access
Free at ~2,900 Truist ATMs; out-of-network fees apply on most tiers

Insurance: FDIC insured up to $250,000 (Truist Bank)

Plan Options

Simple Business Checking

$0

  • No monthly maintenance fee, period
  • 50 free transactions per cycle, then $0.35 each
  • $2,000 free cash deposits per cycle, then $0.003 per dollar

Dynamic Business Checking

$20, waived with $5,000 in combined average relationship ledger balances

  • 500 free transactions per cycle, then $0.50 each
  • $25,000 free cash deposits per cycle and 4 free incoming domestic wires
  • Unlockable perks tiers as relationship balances grow

Features

  • Simple tier is fee-free with no waiver conditions
  • Dynamic's $25,000 monthly cash allowance leads its price class
  • Perks model on Dynamic adds benefits as balances grow
  • Four free incoming domestic wires per month on Dynamic
  • ~1,900 branches across the Southeast and Mid-Atlantic
  • Full small-business lending and merchant services under one roof

Pros

  • +True $0 entry account from a top-ten bank
  • +Dynamic's cash deposit allowance embarrasses similarly priced rivals
  • +Low $5,000 relationship waiver for the upgrade tier
  • +Strong Southeast branch density

Cons

  • Simple's 50-transaction cap is the tightest of any major free account
  • No interest on either tier
  • Footprint is regional; little presence outside the Southeast/Mid-Atlantic
  • Post-merger service complaints persist

Our Take

Truist brackets the small-business market neatly: Simple for genuinely tiny operations, Dynamic for anyone moving real cash. Fifty free transactions will pinch quickly, so treat Simple as a starter and expect to graduate. Dynamic at a $5,000 waiver with $25,000 of free cash handling is one of the best cash-business deals at any branch bank in its footprint.

Best for: Southeast businesses, especially cash-heavy ones that fit Dynamic

Open at Truist

Last verified 2026-06-11

Rate this card

Be the first to rate it

Commentson Truist Business Checking (Simple / Dynamic)

Comments are stored in your browser during our community preview. Accounts, moderation and cross-device sync arrive with Credit Compound Community.