Truist Future Credit Card
- Best for: Borrowers paying off a big purchase or a transferred balance before the 0% ends; Truist customers
- What Sets It Apart: 0% for 15 months on purchases and on transfers within 90 days of opening; the lowest ongoing rate of any Truist card
- Cost: $0 annual fee; 0% for 15 months on purchases and on transfers within 90 days of opening; 16.99% to 25.99% variable rate after the intro; 3% balance transfer fee ($10 minimum); no foreign transaction fee
- Features: No penalty rate; no Truist account needed; waives the $12 monthly fee on Truist One Checking
- Pros: Truist’s lowest rate; 3% transfer fee; no foreign transaction fee
- Cons: No rewards; less time at 0% than Wells Fargo Reflect; no transfers from Truist cards or loans; not offered in seven states
Get the Truist Future Credit Card to pay down a big purchase or a balance moved from another bank’s card in the first 90 days. Both get 0% for 15 months, each transfer costs 3%, and Truist’s lowest rate applies to what’s left after that. Skip it if you never carry a balance, since it earns no rewards.
In its latest filing for the Consumer Financial Protection Bureau’s credit card survey, Truist aims the Truist Future at credit scores of 620 and up and requires no Truist account to open it. Truist customers still get the most from it, since holding the card waives the $12 monthly fee on Truist One Checking.
Key Features
- 0% for 15 months after you open the account, on purchases and on balance transfers of $100 or more made in the first 90 days
- 16.99% to 25.99% variable rate after that, set by your credit and moving with market rates
- 3% balance transfer fee with a $10 minimum, so moving $5,000 costs $150
- No annual fee
Pros
- The lowest ongoing rate of any Truist card, 2 points under the Truist Enjoy Cash at 18.99% to 27.99%
- A 3% transfer fee, $100 less on $5,000 than the 5% Wells Fargo Reflect charges
- No foreign transaction fee, where Reflect adds 3% to purchases in other currencies
- No penalty rate, so a late payment won’t raise your interest rate
Cons
- No rewards on purchases
- Less time at 0% than Reflect, which offers 0% for 21 months
- No balance transfers from another Truist card or loan
- Not offered in California, Iowa, Michigan, Nevada, New York, Utah, or Vermont, per the same filing
It fits borrowers who can pay off a big purchase or a transferred balance before the 0% ends, and anything still owed after that gets the lowest rate Truist charges. Anyone who needs more time should take Reflect despite its 5% transfer fee, and anyone who pays in full every month should choose a card on its rewards and fees instead.
Learn more about the Truist Future Credit Card or see how it compares to the best low interest credit cards.
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