Truist Wealth Credit Card

The Truist Wealth Credit Card is a cash back card designed for people who bank at Truist. You must have at least $1 million in investable assets at Truist in order to apply. You can skip the annual fee if you are a wealth client and have an assigned wealth advisor. There is also a 75% loyalty cash bonus when you deposit your cash back rewards into your checking, savings, or money market account. There is no welcome offer, but there are rewards in many categories, such as gas, dining, travel, and groceries. If you don’t already bank at Truist, there isn’t a compelling reason to open an account just to get this card. We dive into the details and your approval odds in this Truist Wealth review.

Truist Wealth

Our Rating

3.8/5.0

Welcome Offer

None

Annual Fee

$0 the first year, $450 thereafter

0% Intro on Purchases

None

Reward Rate

1% to 3% cash back

0% Intro on Balance Transfers

None

Editorial Review

Features & Benefits

SecurityEMV Chip Enabled, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, PayPal
BenefitsExtended Warranty Coverage, Purchase Protection, Return Guarantees, 24/7 customer service
Travel PerksAccess to Special Events and Concerts, Auto Rental Collision Damage Waiver, Concierge Services, Emergency Travel Assistance, Luggage Protection, Trip Delay Reimbursement, Travel Accident Insurance, Trip Cancellation Insurance, TSA PreCheck & Global Entry credit

Rewards

1% cash back
On all other eligible purchases
Earn 1% cash back on all other eligible purchases
2% cash back
Supermarkets
Earn an unlimited 2% cash back on eligible groceries
2% cash back
Gas
Earn an unlimited 2% cash back on gas and EV charging stations
3% cash back
Airfare
Earn an unlimited 3% cash back on airfare
3% cash back
Hotels
Earn an unlimited 3% cash back at hotels
3% cash back
Rental Cars
Earn an unlimited 3% cash back on rental cars
3% cash back
Dining
Earn an unlimited 3% cash back on eligible dining purchases

Interest Rates & Fees

Annual Fee$0 the first year, $450 thereafter
Foreign Transaction FeeNone
Regular APR15.49% (V) APR

Pros & Cons

Pros
  • No foreign transaction fee
  • Up to 3% cash back
Cons
  • Annual fee
  • No welcome bonus
  • Requires good credit
  • Requires $1 million in investable assets to apply

What Are the Best Alternatives?

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Capital One Venture X Rewards Credit Card

Rating

4.9

Rewards Range

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Annual Fee

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Rewards Range

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Annual Fee

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The Platinum Card® from American Express
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Rewards Range

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Annual Fee

$695

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