Earning rewards with your Truist credit card is straightforward and valuable. As a Truist Miles partner, you can accumulate miles on everyday purchases and accelerate your earnings on travel-related expenses. This guide will break down how you can make the most of the Truist Miles program.
Earning Truist Miles on Purchases
With Truist Miles Partners, every purchase you make with your eligible card contributes to your rewards balance. For every dollar spent on eligible purchases, you will earn one mile. The best part? There’s no cap on the number of miles you can accumulate. Whether it’s your daily coffee or a larger retail purchase, miles add up with every transaction.
Double Miles on Travel with Truist Miles Partners
Travel enthusiasts will particularly benefit from the Truist Miles Partners program. You can earn rewards at an accelerated rate on specific travel purchases. When you use your Truist credit card to purchase airline tickets, rent a car, or book hotel lodging, you’ll earn two miles for every dollar spent. This means your travel expenses directly translate into more rewards, faster.
It’s important to note that while airline tickets, car rentals, and hotel stays qualify for the 2x miles reward, some related purchases may not. For instance, seat upgrades, baggage fees, or onboard amenities on airlines, and dining or activities at hotels, will earn the standard 1 mile per dollar spent. However, these purchases still contribute to your overall miles accumulation.
Understanding Eligible Purchases for Truist Miles
“Eligible Purchases” are the basis for earning miles, so understanding what qualifies is key. Eligible purchases include most transactions made with your card, but there are some exclusions. These exclusions are in place to cover items that are not typical retail purchases or are cash-like transactions. Specifically, eligible purchases are purchase transactions minus credits from chargebacks, credit losses, delinquency assessments, fees, and any unauthorized transactions, as determined by Truist.
To be clear, the following are not considered eligible purchases for earning Truist Miles:
- Cash Advances: Whether obtained from an ATM or any other method.
- Quasi-Cash or Cash-Equivalent Items: This includes items like wire transfers, cryptocurrency purchases, transfers through peer-to-peer payment platforms, travelers’ checks, money orders, foreign currency, lottery tickets, and gambling chips or wagers.
- Convenience Checks
- Stored Value Cards: Such as gift cards and prepaid cards.
- Purchase of Rewards Incentives
By understanding what constitutes an eligible purchase, you can strategically use your Truist Miles Partners card to maximize your rewards earnings on everyday spending and travel.
Airport Security Statement Credit for Truist Miles Partners Cardholders
Truist Miles Partners benefits extend beyond just earning miles on purchases. Cardholders can also take advantage of an Airport Security Statement Credit. This valuable perk helps expedite your airport experience.
If you are a U.S. Visa cardholder, you are eligible to receive a statement credit when you apply for Global Entry® or TSA PreCheck® and pay the application fee with your Truist Enjoy Travel Visa Credit Card.
Key Details of the Airport Security Statement Credit:
- Eligibility: Available to eligible U.S. Visa cardholders.
- Qualifying Programs: Covers application fees for both Global Entry® and TSA PreCheck®.
- Credit Amount: You can receive a maximum total of $85 in statement credits every four years. This is an aggregate limit across all your eligible Truist cardholder accounts.
- Redemption Frequency: This credit is available once every four years, starting from the date of your first qualified transaction.
- Processing Time: Please allow 6 to 8 weeks for the statement credit to be posted to your account after the Global Entry® or TSA PreCheck® application fee is charged to your Truist Enjoy Travel Visa Credit Card.
- Account Status: Your account must be open (or closed within the last 90 days) and in good standing to receive the statement credit.
Important Program Information:
- Global Entry® and TSA PreCheck® are Government Programs: These programs are operated by U.S. Customs and Border Protection (CBP) and the Transportation Security Administration (TSA), respectively. Truist and Visa have no control over the application process, approval, enrollment, or fees associated with these programs. For complete details, please visit the official websites: http://www.cbp.gov/global-entry/about for Global Entry® and https://www.tsa.gov/precheck for TSA PreCheck®.
- Global Entry® Includes TSA PreCheck®: Enrollment in Global Entry® also grants you TSA PreCheck® benefits when departing from U.S. airports. To activate this, ensure you include your Global Entry® PASS ID number (found on the back of your Global Entry® card) in your travel reservations.
For any questions regarding the airport security statement credit, you can contact the Truist Contact Center 24/7 at 844-4TRUIST (844-487-8478).
Loyalty Travel Bonus for Truist Miles Partners
Truist Miles Partners offers an additional perk for those who also bank with Truist. If you have a Truist personal checking, savings, or money market account, you can receive a Loyalty Travel Bonus when you redeem your miles for travel rewards through the program.
Standard 10% Loyalty Bonus:
- Account holders with Truist personal checking, personal savings, or personal money market accounts will receive a 10% Loyalty Travel Bonus. For example, redeeming 2,500 miles would result in an additional 250 bonus miles, giving you a total of 2,750 miles to use for travel rewards.
Enhanced Loyalty Bonuses for Premium Checking Accounts:
For clients with Truist Dimension Checking, Signature Advantage Checking, or Truist One Checking accounts, even greater Loyalty Travel Bonuses are available. These enhanced bonuses replace the standard 10% bonus and can significantly boost your travel rewards.
-
Truist Dimension Checking & Signature Advantage Checking:
- 50% Bonus: Requires combined eligible consumer balances of $100,000 or greater.
- 25% Bonus: For balances between $25,000 and $99,999.99.
- 10% Bonus: For balances less than $25,000.
-
Truist One Checking:
- 50% Bonus: For balances of $100,000 or greater.
- 40% Bonus: Balances between $50,000 and $99,999.99.
- 30% Bonus: Balances between $25,000 and $49,999.99.
- 20% Bonus: Balances between $10,000 and $24,999.99.
- 10% Bonus: Balances less than $10,000.
Loyalty Bonus Calculation and Timing:
Your Loyalty Travel Bonus percentage is determined based on your combined eligible consumer deposit and investment balances over the prior three calendar months. The highest average monthly balance during these three months is used to assign your bonus percentage.
The bonus percentage can increase monthly but will only decrease once every three calendar months. The determination is made as of the last day of the month preceding your redemption.
Example Scenario:
Consider monthly reviews showing the following highest average balances: May – $10,000, June – $25,000, July – $110,000, August – $30,000, September – $10,000, October – $10,000.
- For redemptions in August, September, or October, clients with Truist Dimension Checking or Signature Advantage Checking would receive a 50% bonus (based on the July review). For November redemptions, the bonus would adjust to 25% (based on the highest balance in August, September, October, which is $30,000 from August).
- The same logic applies to Truist One Checking accounts, with bonus percentages aligning with the Truist One Checking bonus tiers.
Visa’s Zero Liability Policy
Truist Miles Partners cardholders also benefit from Visa’s Zero Liability Policy. This policy provides added security and peace of mind against unauthorized transactions. However, it’s important to remember that this policy has certain exclusions and conditions. It may not apply to certain commercial card transactions or transactions not processed by Visa. Cardholders are responsible for protecting their card and must notify Truist immediately of any unauthorized use. For complete details, please refer to your Cardholder Agreement.
By understanding and utilizing these aspects of the Truist Miles Partners program, you can maximize your rewards and travel benefits.
