Published 8:00 a.m. UTC Dec. 7, 2023
Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors’ opinions or evaluations. Please view our full advertiser disclosure policy.
Those considering opening a Fifth Third account might consider doing so in short order to take advantage of a limited-time bonus offer, though you’ll need to meet the requirements to qualify.
Account details and annual percentage yields (APYs) are accurate as of November 27, 2023.
Fifth Third Bank Promotions
Fifth Third Bank has one checking account bonus for new customers — you can get a $350 bonus after opening a new account by Jan 7th, 2024, using an existing offer code and receiving at least $500 in direct deposits within 90 days of opening the account.
Fifth Third operates in the following states: Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina,Tennessee or West Virginia.
Fifth Third Checking: Get a $350 bonus
You can snag Fifth Third Bank’s enticing $350 bonus by opening a Fifth Third Momentum® Checking or Fifth Third Preferred Checking®.
How to qualify
Here’s how you can earn the $350 bonus:
- Open a new Fifth Third Momentum Checking or Preferred checking account by January 7, 2024 using an existing offer code. If you don’t have a code, request one on Fifth Third’s website before starting your application.
- Receive at least $500 in direct deposits within 90 days of opening your account. These direct deposits can include your paycheck, pension or government benefits like Social Security.
After completing these steps, Fifth Third Bank will add the $350 bonus to your new account within 10 business days.
Expiration date
[banking_product_for_expiration pid=132343].
How to waive fees
Fifth Third Momentum Checking has no monthly fees and no minimum balance requirements. It comes with features to help you avoid overdraft fees, receive paychecks up to two days early and get a cash advance when you need it.
Fifth Third Preferred Checking is an interest-bearing checking account that earns around 0.01%. It has a $25 monthly fee that can be waived by maintaining a minimum $100,000 balance across all Fifth Third deposit and investment accounts.
These checking accounts have a lot to offer. But before making your decision, explore how they compare to the best checking accounts.
How to open a Fifth Third bank account
You can open a bank account with Fifth Third Bank either online, in person at a branch or over the phone. Here’s how to get started:
- Choose your account type. Decide whether you need a checking account, savings account, certificate of deposit or another type of bank account.
- Gather required information. You’ll need your Social Security number, a valid form of identification (such as a driver’s license or passport) and your current address. If you’re opening a joint account, you’ll need this information for both parties.
- Apply online or in-person. To apply online, visit the Fifth Third Bank website and navigate to the account opening page, though you’ll need to live in an area it services. If you prefer to open an account in person, visit a local branch. You can also call Fifth Third Bank’s customer service for assistance with the application process.
- Set up online banking. Once your account is open, register for Fifth Third Bank’s online banking. This will allow you to manage your account, pay bills and transfer money online.
- Activate your debit card. If your account comes with a debit card, you’ll receive it by mail, along with instructions to activate it.
Learn more: How many bank accounts should I have?
Frequently asked questions (FAQs)
Fifth Third Bank is considered a safe bank. It’s in the top 20 largest banks in the U.S. and has been in business since 1858. Like all other major banks, Fifth Third is FDIC-insured, meaning it’s regulated and monitored by the government to keep your money safe.
Fifth Third doesn’t currently offer a referral bonus. If you’re looking for banks where you can refer a friend, check out TD Bank’s referral bonus and SoFi’s refer-a-friend program. Both pay a cash reward when your friends and family sign up for a checking account.
Fifth Third Bank offers benefits like free checking accounts, early access to paychecks and cash advances. Unlike online banks, it has over 1,000 branches if you prefer face-to-face support.
Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.
Blueprint has an advertiser disclosure policy. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.