$500 New Account Bonus - does an estate account count as a personal checking account?
I do not have an actual Truist personal checking account. My brother had an account at Truist. When he passed away four years ago, an estate account was opened in his name or his existing account was converted into an estate account, I'm not sure which. I am the executor of his estate. The name on the estate account at Truist is: "Estate of Michael Jones, William Jones executor", (not our real names), Michael Jones being my brother and William Jones being me. This account has been languishing there for four years with $200 in it and they haven't been deducting any fees. Yes, I know I probably should have closed it by now. The question is: does this count as a "personal checking account" of mine and therefore disqualify me from getting the $500 bonus for opening a new account? I wouldn't think so, but I'm hoping somebody with more knowledge of the process can confirm it one way or another. I'd like to know before I go to the trouble of having my social security payment transferred.