Pros Explained

• Open a checking or savings account with $100 or less: Aside from the premium accounts, customers can open a checking or savings account with a required minimum deposit of $100 or less. This low minimum opening deposit makes it easier for customers to transition from their existing bank.
• Savings account with no minimum deposit or monthly fees: In today’s low-interest-rate environment, it is important to be able to have a savings account without monthly fees offsetting the interest that you earn. The online-only eSavings account has no minimum balance requirements, and there is no minimum opening deposit.
• Flexible options with CDs: Customers have several options when opening a 澳洲幸运5官方开奖结果体彩网:certificate of deposit (CD). They can open a standard CD, use promotional pricing, take advantage of rate changes, or lock in guaranteed annual rate increases.

Cons Explained

• Uncompetitive interest rates on deposit accounts: Although BB&T Bank offers tiered pricing on some of its deposit products, the interest rates that it offers are not competitive with other banks.
• Limited geographic footprint: The bank is growing its presence through acquisition, but it does not have any branches west of Texas.

Who Is BB&T Bank Best for?

BB&T Bank should appeal to consumers living within the 17 states (and Washington, D.C.) where it has branches. It may be a✨ good fit if you:

• Live in one of those states
• 澳洲幸运5官方开奖结果体彩网:Want a full-service bank that offers loans, deposits, and investments
• Are looking to open a checking or savings account with $100 or less
• Want a checking account with a low monthly fee
• Desire a savings account with no monthly fee
• Want flexible options with your CDs

What Does BB&T Bank Offer?

As a lꩵarge full-service regional bank, BB&T offers an extensive menu of accounts and services to its customers. 🎉For most deposit accounts customers can choose from several options that fit their needs and budget.

Checking Accounts

BB&T Bank customers have several options for their checking needs. These include two standard checking accounts, ಞa student acc෴ount, a senior account, and a premium account.

• BB&T Fundamentals: This checking account is designed for people who are concerned about meeting balance or 澳洲幸运5官方开奖结果体彩网:direct-deposit requirements. It requires a $50 minimum opening deposit and offers a flat monthly fee of $5.
• Bright Banking: This checking account allows customers to waive the $12 monthly fee by keeping a $1,500 average balance or having direct deposits of $500 or more. There is a $50 minimum opening deposit.
• Student Checking: Students can open a checking account with no minimum opening deposit and no monthly fees. Additionally, this account waives up to two non-BB&T ATM fees each statement cycle. Students can also open an eSavings account and have the monthly maintenance fee waived.
  

🧸Customers using the bank’s ATM card can use any of its 2,400 ATMs without a fee. If you use another bank’s ATM, BB&T Bank will charge you $3 per transaction.

Money Market Accounts

There is one money market account available from BB&T/Truist.

Savings Accounts

There are two savings accounts offered by BB&T.

CDs

There are four tyဣpes of CDs to choose from at BB&T.

• Personal CDs: These offer a guaranteed rate of return for up to five years.
• Personal CD Specials: These are available for a limited time and the rates and terms vary.
• Can’t Lose CDs: These protect customers whether rates rise or fall.
• Stepped Rate CDs: These provide interest rates that are guaranteed to rise once a year, every year.

CDs renew automatically at maturity at the current rates. For terms less than 32 days, there is a one-day grace period to withdraw or change the term witho🅷ut penalty. All other CDs have a 10-calendar-day grace p♈eriod.

The bank charges an early withdrawal penalty if you withdraw money before the CD matures. Penalties vary 🅘de💞pending upon the length of the CD term.

Other Financial Prod🍸ucts Offered by BB✅&T Bank

As a large regional bank, BB&T Bank offers a variety of accounts and services to meet the n🐬eeds of its customers:

• Auto loans
• Boat and recreational vehicle loans
• 澳洲幸运5官方开奖结果体彩网:Personal loans
• Personal Lines of Credit
• Purchase mortgages
• Refinance mortgages
• 澳洲幸运5官方开奖结果体彩网:Home Equity Loans and Lines of C♓redit (HELOCs)
• Individual Retirement Accounts (IRAs)
• College savings accounts
• Self-directed trading
• Managed investment portfolios
• Financial advisors
• Insurance
• Business loans

BB&T Bank Customer Service

Customer service is available by phone at 1-800-226-5228, Monday through Friday from 8 a.m. to 8 p.m. EST. and Saturday from 8 a.m. to noon EST. 澳洲幸运5官方开奖结果体彩网:It is closed on Sundays.

There are more than 2,900 branches acrossඣ 17 states (and Washington, D.C.) for you to speak with a banker in person. Branches are located along the East Coast and as far west as Texas.

Your account is available 24 hours a day online and through BB&T’s mobile app, which is available for both Apple (4.8 stars, 346,400 ratings) and Android (4.7 stars, 56,699 ratings) mobile devices. The app allows you to view transaction history, personalize your accounts, pay bills, deposit checks, and more. It even has a budget feature that tracks your s🦩pending against your goals.

General questions can be answered through BB&T Bank’s X (formerly Twitter) account. However, for security reasons, do not include your account number, Social Security numౠber, or any other personally👍 identifiable information.

How to Bank With BB&T Bank

You can open an account online, over the phone, or at a branch, of which there are more than 2,ཧ900 available in ꧑Washington, D.C., and the following states:

• Alabama
• Arkansas
• Florida
• Georgia
• Indiana
• Kentucky
• Maryland
• Mississippi
• New Jersey
• North Carolina
• Ohio
• Pennsylvania
• South Carolina
• Tennessee
• Texas
• Virginia
• West Virginia

Final Verdict

BB&T Bank is a full-service regional bank well suited for customers who live near one of its branches. It has most of the account types that a customer would want, but its interest rates are not competitive with other banks. That being said, the bank does offer multiple checking account options t🦄o meet your needs and budget. It would do well as a primary bank for day-to-day needs.

Customers looking for 澳洲幸运5官方开奖结果体彩网:high-yield savings accounts, money market accounts, and CDs should look elsewhere. BB&T Banไk does offer tiered pricing for higher deposit levels, but the interest rates are much lower than the alternatives.

Methodology

Investopedia is dedicated to providing consumers with unbiased, comprehensive reviews of banks. We collected over 20 data points across more than 80 b♔anks—including products available, interest rates, fees, and accessibility—to ensure that our content helps users make the right decision for their savings and banking needs.