MyBankTracker rated Suntrust Bank based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.
Horrible. Opened a checking account online to take advantage of the skymiles offer. Changed my direct deposit at work and closed my account with wachovia. A week later i get a letter in the mail from suntrust stating my account has been closed "at our discretion"-- that's it. No explanation, nada. I call them-- still no explanation.
Went to branch-- no explanation. Basically "we just felt like it". My credit score is roughly 750 and i keep an average $5k balance in my checking. All i can say is "wow". Just for that, i closed my auto loan with them. Hope they enjoy losing business from good, loyal customers.
For the 2nd time in the last couple months, I've been charged fees that are new to the account. Did they tell me about them changing? Sure, but they were hidden on the statement. No forgiveness either - dirty tricks. They've charged me a hidden fee for the last time - closing all my accounts. Good riddance!
I have been in business for 5 years and have been with Sun Trust since I started my business. I put over 100K a year through this bank, I have a high 700 score and never late, no bad marks on my credit, my business always shows a profit but yet when I tried to get a business loan to expand my company, all I was approved for was a lousy $2500 credit card, wow! My business spends $1000 a month just on fuel, how much help would this credit card really do??? I already have credit cards with higher limits, why would I want just another small credit card???
I'm considering moving to another bank, something less commercial and more local/business friendly.