SunTrust Bank has 1,400 branches spread out in the Southeast region as well as Washington DC. They offer checking accounts that require $100 to open and they offer different ways to waive fees.
On the other hand, Bank of America has over 5,000 locations across the nation, and is one of the largest banks in the US.
Below, you can read about Suntrust Bank vs Bank of America and which is better for you!
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| Bank of America | Suntrust Bank | |
| Locations | Over 5,000 locations
(Locator) |
1400 bank branches across 11 southeastern states and Washington D.C.
(Locator) |
| ATMs | Over 1,800 ATMs | More than 2000 ATMs across 11 southeastern states and Washington DC. |
| Savings | 3/5 | 3.5/5 |
| CD | 2/5 | 4.5/5 |
| Checking | 2.5/5 | 3/5 |
| Money Market | NA | 3/5 |
| Customer Service | 4/5 | 4/5 |
| Mobile App | 4.5/5 | 4/5 |
| Pros | -National availability -Extended customer service hours -Full service bank |
-High APY for CDs
-Free student account -Good customer service |
| Cons | -No free checking option – Low interest rate -Many miscellaneous banking fees |
-No free checking option -Limited branches -Low savings APY |
| Bottom Line | Bank of America operates nationwide offering many account options like checking, savings, and more! | Southeastern regional bank known for good customer service. |
Author’s Verdict
Which Bank is Better: Regions Bank or Bank of America?
In summary:
- Bank of America is a large full service bank that is available nationwide. However, this bank offers lower interest rates and may have more fees.
- Suntrust Bank offers select savings bonus with an annual 1% bonus up to $25. They also have promotional CDs that offer a high APY with a $2,000 minimum opening deposit.
Hopefully the above information helps you understand which bank is better for you.
Also be sure to check out our own lists of bank promotions and CD tables!
| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase Private Client | $3,000 Cash | Review |
| U.S. Bank Business Checking | $900 Cash | Review |
| Chase Business Complete Checking® | $300 or $500 Cash | Review |
| KeyBank Key Smart Checking® | $300 Cash | Review |
| Truist One Checking | $400 Cash | Review |
| Chase Total Checking® | $300 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| Chase High School CheckingSM | $100 Cash | Review |
| J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
| SoFi Checking and Savings Account | $325 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $100 Cash | Review |
| Fifth Third Bank Checking | $400 Cash | Review |
| Axos Basic Business Checking | $400 Cash | Review |
| Axos Business Interest Checking | $400 Cash | Review |
| Axos Bank Business Premium Savings | $375 Cash | Review |
Editor Rating
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