Enjoy Cash Credit Card
These are the 2 different types of rewards structures Enjoy Cash Credit Card holders can choose from when applying for their card.
3% on gas, 2% on utilities and grocery, and 1% on everything else. OR 1.5% on Everything.
Premier Banking @ Truist is moving to this minimum asset $ qualification
$250k
This account offers 3 tiers of benefits based on combined relationship balances
Dynamic Checking
These are the 2 types of small business loans we offer for vehicle purchase or refi.
Small Business Auto Loan and Small Business Commercial Vehicle & Equipment Loan
This account has no charge for official checks or money orders.
Truist One Checking
Our client would earn this level of loyalty bonus if their Truist One Account/Relationship had between $50k-$99k.
40% or Level 4
Premier and CAC segmentation changes on this date
June 17th 2024
This account is best for small non-profit and civic organizations who process less than $5000 in cash deposits each month.
Truist Community Checking
This is the name of the system you use to quote your client a potential payment on their small business loan before they apply.
SPRINT
In these tiers of Truist One Checking, our clients qualify for 1 no fee ADDITIONAL Truist One checking and Truist One Savings account
Tier 2
This heritage credit card will only provide a maximum of 10% loyalty bonus for our clients, ever if they are in the Truist One Premier tier.
Spectrum 3, 2, 1
This is the collateral used for a Premier Secured Line of Credit/Premier Secured Loan need that we will still refer to our Premier Bankers from $100k-$250k.
Securities Secured.
This account has no service charge for cash <$25000 deposited each statement cycle.
Dynamic Business Checking
On our Simple Business loan, maximum loan amount is determined by this.
Not to exceed 2x gross mo. revenue or TBE ≤ $250,000
(*Unsecured requests for a non-profit are limited to 1x gross monthly revenue. *Unsecured requests for a start-up are limited to 1x gross monthly revenue, not to exceed $25M)
In this tier of Truist One Checking our clients enjoy $5000 of daily zelle limits and $15,000 zelle limits in a rolling 30 days.
Premier Level
These are the other Truist Credit Cards that provide our clients with the same loyalty bonus structure as the Enjoy Cash Card.
Truist Enjoy Cash Secured Card and Truist Enjoy Beyond Credit Card.
This is NOT changing for clients when the Premier segment changes.
Products, Services and awards ELIGIBILITY.
This tier of Dynamic Checking offers a 0.25% rate discount on Truist Business Lending
Plus Tier (middle tier)
These are 3 examples of industries that would not be eligible for a line of credit.
Cash Intensive Businesses like: Restaurants, convenience stores, retail stores, grocery stores, gyms, bars/nightclubs.
Non-Profits, Religious organizations, real estate holding companies, car dealerships, row crop farms.
Truist calculates your Truist One level in this way.
Each month, your Level is based on the highest total Portfolio value of the three previous months. *Leveling up can occur on a monthly basis but leveling down can only occur every three months.
This is the name of the heritage credit card that DOES provide our clients with the ability to earn more than the 10% cash back loyalty bonus if they have the corresponding heritage DDA account.
All consumer Mastercard Cash Rewards Cards or World Mastercard Cash Rewards Cards (including the 4 cards listed on the 'retired' resource within task)
A client who has a $175k Truist Investment account and wants to borrow using their investments as collateral because it's quick and easy, is referred to this partner.
Premier!
Dynamic checking has this many days before service charge will be applied for a potential maintenance fee.
65 days (maintenance fee only)
There are these many small business lending solutions (not including credit cards).
9
These are the annual fees for the Delta Sky Miles debit card that each tier of Truist One offers.
Tier 1 & 2 = $95, Tier 3 & 4 = $75, Premier Tier = $25