You can open a Truist savings account online in about 10 minutes, or in person at a branch

Truist offers two main routes: online through their website or mobile app, or by walking into a branch with your ID. The online path is faster and works any time of day. You'll need your Social Security number, a valid government ID, your current address, and an initial deposit (which varies by account type). Most accounts require a minimum opening deposit, though some have none.

If you go in person, a banker can answer questions on the spot and help you choose between account types. Either way, your account opens the same day, and you can start using it immediately—though transfers from other banks may take a few business days to clear.

Key Takeaways

  • Online account opening takes about 10 minutes and works on your phone or computer any time; in-person opening at a branch takes longer but lets you ask questions.
  • You need a valid government ID, your Social Security number, proof of your current address, and an initial deposit amount that depends on the account type.
  • Your account is active the same day you open it, though money transfers from other banks take 1 to 3 business days to arrive.
  • Truist offers different savings account types with different minimum balances and interest rates, so compare them before you choose.

Opening an account online through Truist's website or app

Go to Truist.com or open the Truist mobile app and select "Open an Account." You'll be asked to choose your account type—Truist offers a basic savings account and higher-yield options like the Truist One Savings account. Each has different minimum balance requirements and interest rates.

Next, enter your personal information: full name, date of birth, Social Security number, current address, phone number, and email. Truist will verify your identity using the information you provide. You'll then choose your initial deposit method—usually a transfer from another bank account or a debit card. The deposit must meet the minimum for your chosen account type.

Review the account terms and sign the digital agreement. Once submitted, your account opens immediately and you'll receive a confirmation email with your account number. You can log in right away, though any transfers from other banks won't show up for 1 to 3 business days.

Opening an account in person at a Truist branch

Find your nearest Truist branch using the branch locator on Truist.com. Bring your government-issued ID (driver's license, passport, or state ID), your Social Security number, and proof of your current address—a recent utility bill, lease, or bank statement works. You'll also need your initial deposit, either in cash or by transferring from another account.

A banker will walk you through the account types, explain the differences in fees and interest rates, and help you choose. They'll collect your information, verify your identity, and process your opening right there. You'll leave with your account number and can start using it the same day. If you're transferring money from another bank, that will take 1 to 3 business days to arrive.

What information and documents you need

Before you start, gather these items:

  • A valid government-issued ID (driver's license, passport, or state ID)
  • Your Social Security number
  • Proof of your current address (utility bill, lease, mortgage statement, or recent bank statement dated within the last 60 days)
  • Your initial deposit amount in cash or ready to transfer from another bank account

If you're opening the account online, you can upload photos of your ID and address proof, or enter the information directly. If you're opening in person, bring the physical documents. Truist may ask additional questions if your address is new or if there's any issue verifying your identity.

Minimum deposit amounts and account types

Truist's savings account options vary in their opening deposit requirements and interest rates. The basic Truist Savings account typically requires a minimum opening deposit, though this can change. The Truist One Savings account, which offers higher interest rates, may have a different minimum. Check Truist.com for current minimums and rates, as these shift based on market conditions and promotions.

Some Truist accounts waive the minimum deposit if you set up automatic monthly transfers or direct deposit. Ask the banker or check the online terms for your specific account type. The interest rate you earn also depends on your account balance—higher balances often earn higher rates.

What happens after your account opens

Your account is ready to use the same day. You'll receive a debit card in the mail within 7 to 10 business days, though you can request a temporary card number online or in the app to use immediately. You can also set up bill pay, transfer money to other accounts, and deposit checks using mobile check deposit right away.

If you transferred money from another bank as your opening deposit, it will arrive in 1 to 3 business days. Your account will start earning interest based on the rate for your account type and your balance. You can log into your account online or through the app to check your balance, set up alerts, and manage your money.

Frequently Asked Questions

Can I open a Truist savings account if I don't have a Social Security number?

Truist requires a Social Security number or Individual Taxpayer Identification Number (ITIN) to open an account. If you have an ITIN, you can use that instead. Contact a Truist branch directly to discuss your situation.

What if I don't have a government ID?

A government-issued ID is required to open an account. Acceptable forms include a driver's license, passport, or state ID card. If you don't have one, you'll need to obtain one before opening an account.

How long does it take to receive my debit card?

Truist typically mails debit cards within 7 to 10 business days. You can request a temporary card number in the app or online to use for purchases and ATM withdrawals while you wait for the physical card to arrive.

Can I open an account with someone else's money as my deposit?

Yes, you can receive a deposit from someone else, but the account must be in your name and you must be the one opening it. If you want joint ownership, both account holders need to be present and provide their own ID and Social Security number.

What if I want to close my account after opening it?

You can close your Truist savings account at any time by visiting a branch, calling Truist customer service, or using the app. Make sure your account balance is zero before closing. Truist will send any remaining funds to you by check or transfer.