The SunTrust Cash Rewards Credit Card has a special offer for an elevated 5% cash back rate on up to $6,000 in spending on gas and groceries. With a starting point of 2% back on these purchases, you could earn a bonus up to $180.
That’s an amazing welcome offer, especially since the card will not cost you anything. See our list for more cash back cards such as the Chase Freedom Unlimited card.
With the SunTrust Cash Rewards card, its return rates go from okay to great if you’re a SunTrust Bank accountholder. That’s because you’ll be rewarded a loyalty cash bonus of up to 50%.
Recommended Free Credit Score (Get Free Score) 690 – 850 (Good – Excellent)
*If interested see our list of SunTrust Bank bonuses for Checking & Savings accounts.*
| Bonus Available | Get 5% cash back (instead of 2%) up to $6,000 spent on gas and groceries for the first 12 months of opening an account. |
| *Bonus Value | $180 |
| Ongoing Rewards/Benefits | Receive unlimited 2% cash back on daily funds after getting your introductory cash back bonus.
Unlimited 1% cash back on other purchases. Earn a Loyalty Cash Bonus of 10%, 25%, or 50% depending on your deposit relationship with SunTrust. |
| Foreign Transaction Fees | No |
| Annual Fee | $0 |
Pros
- No annual fee
- Welcome bonus
- Loyalty bonus
- No foreign transaction fees
Cons
- Good-Excellent credit needed to qualify
- Minimum redemption requirement
- Limited availability
Editor’s Alternate Pick
 The Chase Freedom Unlimited® Card offers: SPECIAL OFFER: Unlimited Matched Cash Back. Use your card for all your purchases and at the end of your first year, Chase will automatically match all the cash back you earned! There is no limit to how much you can earn. Every dollar in cash back rewards you earn is a dollar Chase will match. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%. In addition, you can earn: • 5% cash back on travel purchased through Chase Ultimate Rewards • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services • Unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC |
SunTrust Cash Rewards Card 5% Bonus Cash Back Offer
Many cash back cards will offer you a huge cash bonus if you spend a certain amount of money within 90 days. Leading away from old offers, the SunTrust Cash Rewards card has a brand new introductory offer.
Receive a higher cash back rate of 5% for up to $6,000 spent on gas and groceries within the first 12 months of creating your account.
The SunTrust Cash Rewards card normally earns 2% for gas and groceries, so you will receive a bonus of 3%. If you take full advantage of the welcome offer, you’ll get an extra $180.
Earning SunTrust Cash Rewards
After you’ve achieved a full welcome bonus (or after your first 12 months), you will receive 2% cash back on gas and groceries with no caps or restrictions. All the other spending’s are unlimited 1% cash back.
Redeeming SunTrust Cash Rewards
However, even though its name implies that you’re getting cash back, the SunTrust cash rewards card can be used a number of ways:
- Statement credits
- Direct deposits
- Travel
- Experiences
- Gift cards
- Merchandise
For the best quality, redeem your rewards for direct deposits into a SunTrust account (more on that below). Remember, these have a $5 minimum redemption.
SunTrust Loyalty Cash Bonus
With SunTrust Loyalty Cash Bonus, the more money you save in your deposit accounts, the bigger the bonus is when you redeem your cash back directly into a SunTrust account.
| Deposit Into Accounts | Consumer Deposits & Investment Balances | Loyalty Cash Bonus |
| SunTrust Checking
SunTrust Savings SunTrust Money Market |
N/A | 10% |
| SunTrust Advantage Checking
SunTrust Signature Advantage Checking SunTrust Exclusive Checking |
$25,000-$100,000 | 25% |
| SunTrust Advantage Checking
SunTrust Signature Advantage Checking SunTrust Exclusive Checking |
$100,000+ | 50% |
| SunTrust Premier Program
SunTrust Private Wealth Management |
N/A | 50% |
A 10% Loyalty Cash Bonus on $100 foundation cash rewards would earn a $10 bonus. All together the cash rewards earnings would be $110.
SunTrust Cash Rewards Card Availability
- Alabama
- Arkansas
- Florida
- Georgia
- Maryland
- Mississippi
- North Carolina
- South Carolina
- Tennessee
- Virginia
- Washington, D.C.
- West Virginia
Bottom Line
If majority of your spending tends to go towards gas and groceries, and you bank with SunTrust, the SunTrust Cash Rewards card would be a great match. With an amazing introductory offer, a 2% cash back rate for everyday needs and a loyalty boost, you’ll be stacking up those rewards fast and simple.
But if your spending covers a different variety of purchases, consider a flat-rate cash back card instead. Plus, the card doesn’t cost anything to carry.
(Visit SunTrust Bank for more details)
What’s the Competition?
Below are some of the top competitors to the SunTrust Cash Rewards credit card you should evaluate.
 The Chase Freedom FlexSM offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
 The Capital One Quicksilver Cash Rewards Card offers $200 Cash Back after spending $500 on purchases within 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; 3% fee on the amounts transferred within the first 15 months. You'll earn: • 1.5% Cash Back on every purchase, every day with no rotating categories or sign-ups needed to earn cash rewards. • Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply. • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024 This card comes with no annual fee and no foreign transaction fees which makes this card a viable option for your go-to everyday card. |
 The Capital One SavorOne Cash Rewards Credit Card offers a one-time $200 Cash Back after you spend $500 on purchases within 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; 3% fee on the amounts transferred within the first 15 months. You'll earn: • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®). • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). • 8% Cash Back on Capital One Entertainment purchases. • 1% Cash Back on all other purchases. This card comes with no annual fee and no foreign transaction fees. |
