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The 0.01% interest rate offered with this savings account is about 0.12% lower than the market average interest rate. A high-yield savings account will provide better returns on your deposits.
Open a new SunTrust checking account, and. Deposit at least $100 with 14 days of account opening, and. Complete at least $500 Direct Deposits* within 60 days of account opening, and. Make at least 10 debit card purchases within 60 days of account opening. *SunTrust defines a qualifying Direct Deposit as follows: