You can check SunTrust's rates by visiting their compare products page. The highest rate they currently offer excluding promotions is a measley 0.50% APY with an astonishing minimum balance of $250k.
Here are their current promotions (you must check your local branch to make sure the promotion is offered in your area. SunTrust operates in these states: Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, Washington D.C.
Effective August 23, 2010
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13 Month CD Bankers' Special
Rate = 0.90% APY = 0.90%
$2,000 minimum required
New or existing SunTrust relationship required (excluding CD to be renewed)
Not valid for Public Funds
Effective: August 30, 2010
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SunTrust Advantage MMA New Money Desk Drawer Offer – 3 Month Guarantee
Interest Plan 091
$0 – $9,999 Rate=0.05% APY= 0.05%
$10,000+ Rate=1.09% APY= 1.10%
Effective: August 30, 2010
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Live Solid Savings Promo Interest Plan 157
2 Month Guarantee
All Tiers Rate=1.0
The promotion above is not very competitive – before opening an account, ask if you can get the rate guarantee extended for a full year.
