With the SunTrust Cash Rewards Credit Card, you get money back from all your grocery purchases and gas refills! It has a welcome offer of a 5% cashback rate on up to $6,000 in gas and grocery spending.
In addition to the high cashback rate, this card comes with no annual fee, as well as no foreign transaction fee, plus a sizable loyalty bonus if you bank with SunTrust. The only thing that might get in the way of you getting this card is the limited availability; you have to be a resident on certain states to be eligible to apply.
But if you live in the states listed below or bank with SunTrust, continue reading more about this card and learn more about its rewards and features!
| Ink Business Preferred® Card 90K Points after $8,000 spend within first 3 months | Ink Business Unlimited® Credit Card $750 Bonus after $6,000 spend within 3 months |
| Capital One Venture X Business 150K Miles after $30,000 spend within 3 months | Ink Business Cash® Credit Card Up to $750 Bonus: Earn $350 after $3,000 spend in the first 3 months and an additional $400 with $6,000 spend in the first 6 months. |
| Chase Sapphire Preferred® Card 100K Points after $5,000 spend within 3 months. | Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months |
| The Platinum Card® from American Express 80K Points after $8,000 spend within 6 months. Terms Apply. | Capital One Venture X Credit Card 75K Points after $4,000 spend within 3 months. |
| American Express® Gold Card 60K Points after $6,000 spend within 6 months. | Chase Freedom Unlimited® Card $200 Bonus after $500 spend within 3 months |
| Chase Sapphire Reserve® Card 60K Points after $4,000 spend within 3 months. | Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months |
* The Cash Rewards Credit Card is issued by SunTrust Bank. They also offer great sign-up bonuses for their Checking/Savings accounts. You can also compare this card with other credit card bonuses!
SunTrust Cash Rewards Card Summary
| Bonus Available | Get 5% cash back (instead of 2%) on up to $6,000 spent on gas and grocery purchases in the first 12 months from account opening. |
| *Bonus Value | $180 |
| Ongoing Rewards/Benefits | Earn unlimited 2% cash back on gas and groceries after your introductory bonus cash back.
Unlimited 1% cash back on all other purchases. Receive a Loyalty Cash Bonus of 10%, 25% or 50% based on your deposit relationship with SunTrust. |
| Foreign Transaction Fees | No |
| Annual Fee | $0 |
(Visit SunTrust.com to learn more about this card.)
* Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View the latest valuations here.
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SunTrust Cash Rewards 5% Cashback Offer
The SunTrust Cash Rewards card has an introductory offer where you get an elevated cashback rate of 5% for up to $6,000 spent on gas and grocery purchases within the first 12 months of opening your account.
This card normally earns 2% for gas and groceries, so you’ll receive a bonus of 3%. If you take advantage of the welcome offer, you’ll get an extra $180.
Earning SunTrust Cash Rewards
When you’ve earned the full welcome bonus, or after your first 12 months, you’ll get 2% cashback on gas and groceries with no caps or restrictions. Other spending earns unlimited 1% cashback.
Redeeming SunTrust Cash Rewards
Other than earning cashback, the SunTrust cash rewards card can be used towards:
- Statement credits
- Direct deposits
- Travel
- Experiences
- Gift cards
- Merchandise
In order to get the best value, redeem your rewards for direct deposits into a SunTrust account, please note that these have a $5 minimum redemption.
SunTrust Loyalty Cash Bonus
With SunTrust Loyalty Cash Bonus, the more you have in your deposit accounts, the bigger the bonus when you redeem your cashback directly into your 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% |
Additionally, a 10% Loyalty Cash Bonus on $100 in base cash rewards would earn a $10 bonus, so in total your cash rewards earnings would be $110.
SunTrust Cash Rewards Card Availability
If you don’t bank with SunTrust, you might want to look else where since the Cash Rewards Card is limited to the issuer’s network.
Available in states:
- Alabama
- Arkansas
- Florida
- Georgia
- Maryland
- Mississippi
- North Carolina
- South Carolina
- Tennessee
- Virginia
- Washington, D. C.
- West Virginia
Bottom Line
If you see yourself spending your money towards groceries or gas, consider the Cash Rewards Card from SunTrust Bank. Moreover, it has a generous introductory offer, a 5% cashback rate – instead of the usual 2% – for gas and groceries and loyalty boost, you will be earning those points and rewards faster!
However, the only drawback is that it’s only available within SunTrust’s network, so if you don’t live anywhere near a physical location, then you might have find another card!
See our latest list of other SunTrust Bank Promotions or the best credit card bonuses!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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