Truist Business Checking: Be Wary of Extra Fees

Branch access is a selling point for Truist’s business checking accounts, but there are better options.

Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances

Rosalie Murphy covers small business topics for NerdWallet. Previously, she led editorial strategy for a local news startup and covered business at The Desert Sun. She holds a journalism degree from the University of Southern California and is currently pursuing an MBA.

Assigning Editor | student loans, student loan repayment plans, and education financing

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Our Take

The bottom line:

Truist business checking accounts come with a lot of restrictions and fees, even for a brick-and-mortar bank.

Truist Simple Business Checking

Smart money moves for your small business Grow your small business with tailored insights and recommendations.

Pros & Cons

• Free business checking available, including an option for nonprofits.
• Large branch network.

• Restrictive transaction limit on Simple Business Checking.
• Fee for using out-of-network ATMs.
• Multiple extra fees, including for ACH service and QuickBooks integration.

How does Truist Bank compare?

American Express® Business Checking

Download the app

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