Fifth Third Bank is a full-service regional bank serving personal and business customers in 11 U.S. states. It boasts more than 1,000 branch locations in Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia. Fifth Third Bank offers all the savings and lending options you’d expect from an institution with over $200 billion in assets.
When people think of bank accounts, they often think about the fees and surcharges associated with them. Rarely do people think of their bank accounts as a way to earn money, apart from interest payments in a high-yield savings account.
But if you pay attention to promotional offers, you can learn how to earn hundreds — just from opening an account. Here are the Fifth Third Bank promotions being offered this month.
Best Fifth Third Checking Account Promotions
Fifth Third is currently offering a checking account promotion for personal checking. Read on for the details.
Fifth Third Checking Account: $200 Bonus
This Fifth Third Bank promotion is available to customers who open a new Fifth Third Momentum or Preferred checking account and meet the promotional criteria.
- Cash value: $200
- Expiration date: June 30, 2024
- Minimum deposit to qualify: $500
- How to get it: Open an eligible checking account through the offer page or request a Fifth Third Bank coupon code on the bank’s website, which you’ll receive by email, to open an account at a branch. Then, make direct deposits of $500 or more within the first 90 days of account opening.
- When you’ll get it: Within 10 business days of qualifying
- Terms and conditions: The offer is only available to new Fifth Third checking customers. You must present your unique offer code when opening an account to receive the bonus.
- Monthly fee: $0 to $25, depending on the account chosen. Fees can be waived by meeting certain balance or deposit requirements.
- Promotion page: Fifth Third checking account bonus offer
Best Fifth Third Credit Card Promotions
Two of the institution’s credit cards are worth exploring for their cash-back benefits.
Fifth Third Preferred Cash/Back Card: 2% Unlimited Cash Back
Available only to preferred Fifth Third customers with an eligible checking or savings account, this cash rewards card delivers 2% cash back on every purchase, with no limits to how much you can earn, no spending categories and no expiration dates for your rewards.
There are no annual or international transaction fees applied on credit card purchases . Plus, the card includes other benefits, such as cellphone protection, contactless payments and Mastercard’s renowned concierge service.
- Cash value: Varies
- Minimum spend to qualify: None
- Expiration date: None
- How to get it: Apply online, call 866-671-5353 or visit a Fifth Third branch.
- When you’ll get it: Redeem rewards as desired through the Fifth Third online redemption center for a statement credit or cash back.
- Terms and conditions: Available only to Fifth Third customers with an eligible checking or savings account who are not existing Fifth Third credit card holders
- Annual fee: $0
- Promotion page: Fifth Third Preferred Cash/Back Card
Fifth Third Cash/Back Card: 1.67% Unlimited Cash Back
The Fifth Third 1.67% Cash/Back Card allows unlimited cash-back rewards of 1.67% on every purchase. It is available only to qualified Fifth Third checking or savings account customers.
Like the Preferred card, the Cash/Back card has no rotating spending categories, no limit on earnings and no expiration on cash-back rewards. It also delivers all the benefits of the Mastercard concierge program, identity theft protection and cellphone coverage.
- Cash value: Varies
- Minimum spend to qualify: None
- Expiration date: None
- How to get it: Apply online, call 866-671-5353 or visit a Fifth Third branch.
- When you’ll get it: Redeem rewards as desired through the Fifth Third online redemption center for a statement credit or cash back.
- Terms and conditions: You must be a Fifth Third checking or savings account holder to qualify.
- Annual fee: $0
- Promotion page: Fifth Third 1.67% Cash/Back Card
How To Open a Fifth Third Bank Account
All Fifth Third Bank accounts can be opened online or in person at a local branch. Read all of the terms and conditions carefully before applying for any bank account to ensure it’s the best one for your financial needs.
Regardless of what method you chose to open your account, you’ll need to provide the following information for each account holder:
- Driver’s license, passport or other government-issued photo ID
- Social Security number
- Method for funding your account
Final Take
Are Fifth Third Bank bonuses right for you? While the extra cash can be tempting, Fifth Third Bank promotions and cash bonuses shouldn’t be the only reason you choose to bank there. It’s important to review the bank’s products and services to see if they’re a match for your financial situation. Then, and only then, should you consider applying.
FAQ
Here are the answers to some of the most frequently asked questions about Fifth Third Bank.- What is the promotional rate for CDs at Fifth Third Bank?
- Fifth Third Bank currently offers Featured CDs with rates up to 5.10% when you deposit at least $5,000 into your account. Terms range from 4 months to 24 months, with the highest rate offered on the 4-month CD.
- Is my money safe in Fifth Third Bank?
- If you have money in personal checking or savings accounts at Fifth Third Bank, those funds are FDIC-insured. This means that the Federal Deposit Insurance Corporation, a government entity, will reimburse you up to a total of $250,000 per account if the bank fails or is unable to pay out your money. At Fifth Third Bank all checking, savings, CD accounts, both consumer and business, are FDIC insured.
- How do you get $325 from Fifth Third Bank?
- Fifth Third is no longer offering a bonus of $325 but they are offering a $200 bonus for customers who open a new Fifth Third Momentum or Preferred checking account and meet the promotional criteria.
Julia Gordon and Chris Ozarowski contributed to the reporting for this article.
Data is accurate as of April 22, 2024 and is subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.