Indeed, Truist Bank offers a rewards program that can be accessed by some of the cards issued by this bank. Miles are typically accrued whenever you pay for qualifying purchases. Miles are like money. Thus, like any type of currency, it can be converted into dollars. Currently, each mile earned in the Truist rewards program is equivalent to 1 US cent ($0.01). That means the welcome bonus miles (20,000) is equivalent to a $200 discount on airline tickets, for example.

Yup. Miles accrued through the rewards program offered by Truist Bank may expire. In fact, each mile has a maximum period of 5 years to be used. If this date is exceeded, your mileage will lose its value. However, you shouldn’t worry about losing your miles. Indeed, the system identifies each mile by the issue date. Whenever you use these rewards, the oldest miles will be spent first. Thus, it is unlikely that you will not lose your rewards without using them.

Truist bank has a strict system to control the credit limit of cards. To define its limit, the bank considers criteria that are unclear to the public. Therefore, a credit increase request may not be accepted and only the bank can decide the best time to increase your limit. In addition, the bank may increase or decrease your card’s credit limit at any time without prior notice. Also, you can have different limits for purchases and cash advances, for example.