Located mostly in the Southern region, South State Bank is dedicated to helping their customers find financial solutions while providing a a full service of account options. To find out if South State Bank is right for you, continue reading the review below.
South State Bank encourages all their customers to open any of their accounts online (when possible) if they don’t want to worry about having an opening deposit, which is really generous of them.
While some banks still requires an opening deposit even when you open an account online, South State Bank makes sure that you get your money’s worth when banking with them.
Checking Account Options
South State Bank has a great selection of checking accounts that are designed for all ages. Each one of them comes with pretty good benefits and all can be opened online, free of charge!
This is South State’s FREE checking account as in the fact that it requires no minimum opening deposit if you open it online!
You also won’t have to pay a monthly fee as long as you enroll in in eStatements.
There are also no minimum balance requirements so you can spend as you please.
This account also comes with:
- A South State Debit Card
- Online banking and bill pay
- Mobile banking w/ Virtual Wallet
- Unlimited check writing
- Phone banking
- Wealth Consultation
This checking account also requires no opening deposit nor minimum balance requirements when you apply online.
As soon as you apply, your account will start earning tiered interest rates.
There is a monthly fee of $8 unless you take one of the following measures:
- Make 15 debit card purchases/payments per statement cycle
- Have $250 in combined direct deposits
- Keep an average daily balance of $1,000
This account also comes with:
- A South State Debit Card
- Online banking and bill pay
- Mobile banking w/ Virtual Wallet
- Unlimited check writing
- Phone banking
- Wealth Consultation
This is a relationship checking account that earns tiered rates and have exclusive benefits.
Once again, if you open this account online (only) you won’t have to worry about an opening deposit nor minimum balance requirements.
There is a $15 monthly fee, but you can waive it by doing one of the following:
- Have a minimum daily balance of $3,500
- Maintain an overall balance of $10,000 in direct deposits
- Keep a balance of $10,000 in outstanding consumer or mortgage loans
This account also comes with:
- Order of Gold, single-style checks (each)
- A 3×5 safe deposit box rental or $30 annual discount off a larger box
- A South State Debit Card
- Online banking and bill pay
- Mobile banking w/ Virtual Wallet
- Unlimited check writing
- Phone banking
- Wealth Consultation
This checking account is for those who are 62 and older.
Just like any regular checking account at South State Bank, the customer will have to open it online as well in order to avoid an opening deposit.
Lucky for the senior citizens, this account also earns interest and requires no minimum balance requirements.
There is a monthly fee of $8, but you can waive it by doing any of the two:
- Have $250 in combined direct deposits
- Have an average daily balance of $1,000
This account also comes with:
- One order of Classic, single-style checks per calendar year
- Discount on safe deposit box
- A South State Debit Card
- Online banking and bill pay
- Mobile banking w/ Virtual Wallet
- Unlimited check writing
- Phone banking
- Wealth Consultation
This checking account is designed for students ages 13-22, from pre-teen to adolescence.
A minor under 18 will need their parent to open the account under their name, and those who are older will have full control of their own account.
All eligible students will need to open an account online, but there are no minimum daily balance requirements to worry about.
Students also won’t have to worry about paying a monthly fee as long as they are enrolled in eStatements.
This account also comes with:
- A South State Debit Card
- Online banking and bill pay
- Mobile banking w/ Virtual Wallet
- Receive 3 foreign ATM fees waived monthly
Compare Checking Accounts
 • New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit • Access to more than 16,000 Chase ATMs and more than 4,700 branches • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • JPMorgan Chase Bank, N.A. Member FDIC • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. • Chase Overdraft AssistSM – no overdraft fee if you’re overdrawn by $50 or less at the end of the business day or if you’re overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day* *With Chase Overdraft AssistSM, we won’t charge an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts. |
Savings Account Options
South State Bank has a small variety of savings accounts, but they have low minimum opening deposit and low requirements.
This is South State Bank’s standard savings account. When you open the account online, you can waive the minimum opening deposit.
You will, however, need to maintain a minimum daily balance of $200 in order to waive the $15 monthly fee.
This account also earns interest daily.
Some benefits of this account include:
- Three (3) withdrawals per quarter
- Withdrawals/transfers via online or phone banking, ATM or in-branch visit
- Online and mobile banking
- eStatements
This savings account is for those who are 18 and under.
You will need a co-parent or guardian to open the account under your name, but both you and your parent will have access to the account online.
Unfortunately you will need at least $5 to open this account online or at a physical branch, but this account does interest.
There are, however, no minimum balance requirements nor monthly fees to stress over.
Children 12 years or younger will automatically become members of Squirrels Club® when they open a Youth Savings account.
Some other benefits of this account include:
- Three (3) withdrawals per quarter
- eStatements
- Online banking and mobile banking
- Phone banking
When your child turns 19, this account will automatically become a Smart Savings account.
If you want to set aside extra money for either vacations or special occasions then consider applying for a Holiday Savings account.
You will need $5 to open this account, but there are no monthly fees nor minimum balance requirements to deal with afterwards.
This account earns interest as well.
On November 1st, your account will be deposited into another South State account.
Compare Savings Accounts
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 With the American Express® High Yield Savings Account: • Earn 3.90% APY as of 5/16/23 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access |
 • Earn up to 0.61% APY with interest compounded daily and no monthly fees with the Axos Bank High Yield Savings account • No minimum balance requirements • Free ATM card upon request • $250 minimum opening deposit • Free Incoming Wires |
Money Market Account Options
Money Market accounts allow for a higher yield and gives access to your funds with either checks or a bankcard.
South State Bank has one money market that earns competitive interest rates.
South State Money Market:
- No opening deposit if account is opened online
- Waive the $15 monthly fee by keeping a minimum daily balance of $5,000
- Interest is paid monthly
- eStatements
- Up to 6 checks/debit items per month
- Online banking and mobile banking
- Phone Banking
Compare Money Market Accounts
 • Get started and open a Discover Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.85% APY balances $100,000 and over • Earn 3.80% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
 With the CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. • Earn 1.55% APY on your funds • One of the nation's top rates — several times the national average. • Get up to 6 digital transfers/withdrawals per statement cycle • Save smart and get more for your money • Higher rates than traditional banks • Get 24/7 Account Access • Secure banking features • Open with as little as $100 • FDIC insured |
CD Account Options
South State Bank offers CDs with decent interest rates. These CD terms range from 90 days to 5 years and each of them requires $1,000 to open.
The interest is paid no less than annually, and maturity lasts up to 10 years.
To find more about their CDs, click here.
The CDs will automatically renew upon maturity.
Compare CD Accounts
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Reasons to Bank with South State Bank
- Most of their accounts are completely free to open when you open them online.
- They have reasonable minimum balance requirements for the accounts that do have them.
- They have low monthly fees also and easy to maintain waivers.
- All their accounts may come with similar benefits, but they are still pretty decent.
- They offer pretty decent competitive interest rates throughout all their accounts that earns interest.
- Has a youth checking and savings account that can be combined into a relationship account to maximize earnings.
- Has a senior citizen checking account that earns interest.
- Both senior citizens and children/young adults are eligible to earn interest.
- Conduct all your banking online (recommended) or through the South State Bank mobile app.
Reasons Not to Bank with South State Bank
- South State Bank only have locations in 4 states: Georgia, North Carolina, South Carolina and Virginia.
- They could have higher interest rates on certain accounts.
- Those who don’t live in the South and want to visit a physical branch will have to live in the South.
- If you prefer opening accounts at a physical branch, then you will have to pay the opening deposit requirements. It is recommended that you open all your accounts online if possible.
- They have a low variety of savings accounts compared to their checking accounts.
South State Bank Routing Number
The routing number for South State Bank is 053200983.
Contact Customer Service
You can reach South State Bank at 800-277-2175.
A customer representative will be available to speak to you at these hours:
- Monday–Friday: 8 a.m. to 7 p.m.
- Saturday: 8 a.m. to 3 p.m.
- Closed on Sundays
How South State Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- Huntington Bank: Huntington offers a variety of account options to choose from. Right now, Huntington is offering bonuses when you sign up for select checking accounts, including business ones!
- Discover Bank: Discover Bank is also an online nationwide bank that offers bonuses for their checking and savings accounts! You can earn cash back rewards when you open a checking account and generous bonuses for opening a savings one.
- PNC Bank: PNC Bank offers free access to PNC Bank ATMs, free mobile/online banking, reimbursement of PNC fees for use of non-PNC ATMs, and many other features that can be found on their website. They have several account options.
- Capital One 360: Capital One 360, you can bank fee-free with online and mobile checking that actually pays you back. Whether you’re looking for one of their 40,000 fee-free ATMs or a Capital One location–chances are they are right nearby.
Bottom Line
If you prefer to open any type of account online–checking, savings or even money markets–then definitely consider banking with South State Bank.
With almost all their accounts being practically free of charge to open and to maintain, you can enjoy spending and saving at the palm of your fingertips without too much stress.
Plus, the minimum balance requirements are pretty low even if you need to maintain one.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged. Don’t focus on the interest rate alone, but on what the account will cost you overall.
If you’re interested in banking with South State Bank, then check out South State Bank Promotions! For more options from a variety of banks, see our list of the best bank promotions!
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