FlyerTalk Forums - View Single Post - Truist (fka Suntrust) Skymiles Check Card [see WIKI for offers]
Old Jun 13, 2012 | 1:01 pm
  #422  
GoGreen
15 Years on Site
 
Join Date: Aug 2008
Posts: 385
Originally Posted by DCBob
SunTrust wants REAL customers, not those trying to obtain their reward debit cards just to get bonuses and then promptly close their accounts. They have obviously instituted an algorithm to sniff out those ONLY looking for bonuses.

Greed has shut down a lot of good promotions. Remember the US Mint?

I have been a SunTrust customer for 25 years with more than one high balance SunTrust account - this is the type of customer they are looking for. If you are trying to take advantage of them, they have decided it's best to get rid of you as soon as that's clear to them. One red flag is opening a SunTrust account in a branch located in a state where you don't even live. Another red flag would be opening up a lot of rewards credit card accounts in a short period of time. SunTrust is not an internet bank - it's a brick and mortar institution - and they want to see their customers in person to establish a profitable relationship in banking. They are not like most other banks, as you will find out as soon as you step into a branch!
How would Suntrust know whether you have opened up a lot of rewards credit cards in a short period of time?
I think banks pull some kind of banking report, which I assume would show bank account openings/closings, but not a credit report.
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