Get $150 bonus for opening a new checking account at SunTrust Bank.

Just sign up for online bill pay and make at least 3 online payments for 3 months. Hurry – this checking account bonus ends April 30, 2010.

In essence, SunTrust is offering $150 for signing up a new checking account and online billpay.

They also have a bonus for current SunTrust customers. This second $100 promotion is available to SunTrust checking customers that don’t currently use online bill pay. SunTrust may report to the IRS the value of the incentive and any applicable taxes are the responsibility of the recipient.

Here are the details for $150 Incentive for “New Clients”:

Client receives $50 when they open a new SunTrust personal checking account from February 1, 2010 through April 30, 2010, enroll their new SunTrust personal checking account in the promotion via suntrust.com/solid, and make three bill payments through SunTrust Online Banking with Bill Pay within the next two calendar months out of the new personal checking account enrolled in the promotion. To receive the additional $100, the client must qualify for the $50 offer and must continue to make at least three payments each month for the next consecutive three months through SunTrust Online Banking with Bill Pay out of the same personal checking account enrolled in the promotion. When SunTrust determines that the client met all the terms of each section, SunTrust will direct deposit the appropriate amount into the primary SunTrust personal checking account enrolled in the promotion through suntrust.com/solid up to 10 weeks after the last bill payment was processed. Client bill payment status must show “Processed” to be eligible. The SunTrust personal checking account must be open and in good standing at the time the direct deposit is paid. Offer cannot be combined with any other offer. Offer valid for U.S. residents. Client must be 18 years or older to participate.

“Existing Clients” earn $100 bonus

$100 Incentive for “Existing Clients”: Client receives $100 when they enroll their SunTrust personal checking account in the promotion via suntrust.com/solid from February 1, 2010 through April 30, 2010 and make at least three payments each month for a consecutive three months through SunTrust Online Banking with Bill Pay out of the SunTrust personal checking account enrolled in the promotion. When SunTrust determines that the client met all the terms of the offer, SunTrust will direct deposit the $100 into the primary SunTrust personal checking account enrolled in the promotion through suntrust.com/solid up to 10 weeks after the last bill payment was processed. Client bill payment status must show “Processed” to be eligible. The SunTrust personal checking account must be open and in good standing at the time the direct deposit is paid. Offer cannot be combined with any other offer. Offer valid for U.S. residents. Client must be 18 years or older to participate.

About SunTrust

SunTrust Banks, Inc., with total assets of $172.7 billion on September 30, 2009, is one of the nation’s largest and strongest financial holding companies. Through its banking subsidiaries, the company provides deposit, credit, trust, and investment services to a broad range of retail, business, and institutional clients. Other subsidiaries provide mortgage banking, brokerage, investment management, equipment leasing, and capital market services.

Atlanta-based SunTrust enjoys leading market positions in some of the highest growth markets in the United States and also serves clients in selected markets nationally. The company operates 1,690 retail branches and 2,807 ATMs in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia. In addition, SunTrust provides customers with a full range of technology-based banking channels, including Internet, PC, and Automated Telephone Banking.