Best if you
- Are at least 55 years of age
- Want to avoid maintenance fees—2 easy ways to qualify
- Want a conventional checking account with access to online and mobile banking
- Option to personalize your debit card
- Free wallet-style checks with a BB&T design, or a $6 discount on other designs
- One no-penalty early CD withdrawal for medical emergencies1
- Available overdraft protection
$100 minimum opening deposit
2 different ways to avoid the $10 maintenance fee each statement cycle:
- $500 combined direct deposits or
- $1,000 average checking balance
See all pricing and fees.
Not convinced yet?
Senior Checking includes a number of extras plus convenient access options.
Enjoy these additional benefits
- Free access to over 3,100 BB&T ATMs
- Securely deposit checks from your smartphone or tablet with mobile check deposit2
- Unlimited automated account information through BB&T Phone24 at 800-BANK-BBT (800-226-5228)
- U by BB&T money management tools, including a customizable dashboard, cash back with BB&T Deals and personal payments
Keep tabs on your account
- Use U by BB&T®, our customizable online and mobile banking experience, to monitor your BB&T and non-BB&T accounts, pay bills, set and track spending, manage your receipts and more
- Receive important account alerts by email or text
- Choose online statements for convenient access to your account statements from your computer or mobile device
How often should I do a financial check-up?
Conducting a mid-year check-up on key financial areas—budget, credit score, retirement savings, life insurance—will allow you to adjust if needed to keep your annual financial goals on track. Here are some important aspects of a financial check-up.
Conducting a financial check-up
Hold your own budget summit
Has your budget changed? Evaluate your spending habits and reset goals if needed. If you got a raise or a new job, maybe you can afford to save more each month. If you don't already have a budget, start one—a mid-year financial check-up still gives you six months to make a difference.
Optimize your tax breaks
Are you taking advantage of opportunities to lower your taxable income by paying into a tax-advantaged retirement account? Are you maximizing contributions to your retirement plan? For example, say you were able to contribute $18,000 in pretax dollars to your 401(k) or 403(b) in 2016. For those aged 50 and older, it's possible to make a catch-up contribution of as much as $6,000, which increases your 2016 total to $24,000.
Get reacquainted with your investments
While it can be good to leave your investments alone, it's also a good idea to review your portfolio once a year. Consider your financial goals and assess risk level compared with the market's year-to-date performance and make any adjustments to keep you on pace with your financial goals.
Revisit insurance coverage
Are the liability limits you have still high enough to protect your assets? If you've done any home improvements or upgrades, consider whether your policy is high enough to replace your home and possessions if needed.
Evaluate your debt
Look at your credit card balances and other loans. Is your balance creeping up? Maybe you need to make some budget adjustments or consider refinancing to lower interest rates.
Estate plans and wills only need to be reviewed every five years or so, but consider making this part of your mid-year financial check-up if a life change has happened, such as marriage, divorce, birth or death. This would also be a good time to look at life insurance and retirement account beneficiary designations to ensure they match the rest of your estate plan.
Doing a mid-year financial check-up might seem like a lot of work, but it will help protect you, your loved ones and everything you've worked hard for.
What can U do for me?
See how U by BB&T can make managing your money easy and convenient.
So what exactly is U? Here’s the two-minute version.
U is based on the idea that everyone’s finances are unique and that managing your money should be simple. Let’s take a look inside.
First of all, you can still do all the basics. It’s very easy to see your balances, transfer money, pay bills, and deposit checks.
But now we’ve separated all of the features into tiles, like you see here. And here’s the cool part: You can create and customize your own financial dashboard based on what’s important to you.
So, what if you’re all about rewards? Move your credit card rewards to the top of your dashboard so it’s the first thing you see when you log in. Or maybe you want to move your categorized spending from here to here.
Even colors are your choice. Make U your own with a variety of new color themes.
Or say you don’t want any of this. Say you want the cleanest dashboard possible. Well, you can skip the fancy tiles and have that, too.
But that’s not all. There are a lot of new features, too.
For example, now you can see all of your accounts, not just with BB&T.
Paying your friends is way easier than it used to be, too. You can pay anyone directly with just their email address or mobile phone number.
You get a real banker that you can connect with, or schedule appointments on your time.
With Quick View Balance, you can see balances without logging in.
You can set your own customized budget with our Plan and Analyze tools, and we’ll track your progress as you go.
This is the new receipt tile. It helps you capture and store your receipts, even attach them to your transactions. No more paper needed.
What you see today is only the beginning. We’ll continue to add new features that help make your life a little easier and help you make better financial decisions.
Then we want to hear about them from you. You can tell us if you like them, or if they need more work, and what we should build next. Because at the end of the day, it’s your bank, it’s your money, and it’s all about you, and that’s what U is all about. Log on or enroll today.