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BB&T CollegeWealth® 529 Savings

Open separate accounts for multiple students with one application!  Enter the number of student accounts you wish to open below and click Submit.

How many student accounts would you like to open?   
  • Deposits are backed by the FDIC*
  • Enjoy tax-free earnings
  • State tax deduction for Virginia taxpayers**
  • Withdrawals are tax-free when used for qualified expenses
  • No state residency restrictions
  • Account can be opened to benefit a relative, friend or yourself
  • One beneficiary per account
  • One account per beneficiary
  • No minimum amount
  • $350,000 aggregate maximum per beneficiary
  • Use direct deposit for systematic contributions
  • Transfer money from your BB&T accounts using BB&T OnLineŽ
  • Visit any of the 1,800 BB&T financial centers
Current Interest Rates
Tier Rate APY††
Eligible Schools
  • Any accredited school eligible to receive federal financial aid
  • Visit for a list of eligible schools