5th 3rd Bank Bonus Information and Checking Account Options

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If you're considering opening a checking account with 5th 3rd Bank, you'll want to know about their bonus offers and account options.

5th 3rd Bank offers a $300 bonus for new customers who open a checking account and complete certain requirements, such as direct deposit and debit card usage.

To qualify for the bonus, you'll need to meet the requirements within 60 days of opening your account, so be sure to plan ahead.

5th 3rd Bank's checking accounts have no monthly maintenance fees, making them a great option for those who want to avoid unnecessary fees.

Bank Account Options

At Fifth Third Bank, you have a variety of bank account options to choose from.

One option is the Fifth Third Business Checking Account, which requires a $0 minimum deposit to open and has no monthly fee.

You can also consider the Free Business Checking account, which offers up to 1.5% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements.

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The $500 Business Checking Bonuses offer is available for a limited time, but it's a great incentive for new business accounts. To qualify, you'll need to open a Fifth Third Business Checking Account and make deposits totaling $5000 or more within 10 days of account opening.

Here are some key features of the bank account options:

Another option is the Promotional CDs, which require a minimum deposit of $5,000 to open and offer competitive rates.

If you're a student, you may be eligible for the Student Checking account, which has no monthly service fees and no minimum balance requirements.

The Express Banking account is another option, which grants immediate access to your money when you deposit a check, but comes with a small percentage fee of each check.

Lastly, the Fifth Third Momentum program can help you pay down your student loans faster by rounding up your purchases to the nearest dollar and applying it to your student loan balance.

Bonus Details

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The bonus details for 5th/3rd Bank are pretty straightforward. You can earn a bonus by opening a new account and completing certain requirements.

To qualify for a bonus, you typically need to open a new account online with a valid link or offer code. Some bonuses may require a specific account type, such as a checking account.

The direct deposit requirement is a common one, and it usually needs to be at least $500 within 90 days of account opening. This amount may vary depending on the specific offer.

The bonus amount can range from $300 to $500, depending on the offer and account type. Some bonuses may be available in specific states, such as Florida, Georgia, or Illinois.

Here are some key details to keep in mind:

  • Availability: FL, GA, IL, IN, KY, MI, NC, OH, SC, TN, VA (Example 2, Example 5, Example 6)
  • Expiration dates: March 31, 2025 (Example 2), December 31, 2024 (Example 5, Example 6), September 8, 2023 (Example 7)
  • Direct Deposit Required: Yes, at least $500 (Example 2, Example 3)
  • Credit Inquiry: Soft Pull (Example 5, Example 6)
  • Household Limit: None (Example 4)

Keep in mind that some offers may have specific requirements or restrictions, so be sure to read the fine print carefully.

Fees and Charges

Fifth Third Bank has a range of checking accounts with varying fees and charges. The Preferred Checking account comes with a $25 monthly service fee, but it can be waived if you have a combined total balance of at least $100,000 across your deposit and investment accounts one time per month.

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If you're a student, you're in luck - the Student Banking account has no monthly service charge. Military personnel also get a break, with no monthly service charge on the Military Checking account. Express Banking is another option with no monthly service fee.

Here's a breakdown of the monthly fees for some of Fifth Third's checking accounts:

Return

Return is a crucial aspect to consider when dealing with fees and charges. Fifth Third Bank checking accounts offer free online banking, bill pay, and mobile deposits.

You won't have to worry about extra fees for these services, making it easy to manage your finances. There are over 50,000 fee-free ATMs available for your use.

Avoiding Fees

You can avoid the $25 monthly service fee on Fifth Third's Preferred Checking account by maintaining a combined total balance of at least $100,000 across your deposit and investment accounts.

Fifth Third Momentum Checking has no monthly service charge, making it a great option for those who want to avoid fees altogether.

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Student Banking and Military Checking accounts also have no monthly service charge, and are available to those who meet certain criteria.

Express Banking has no monthly service fee, but it's worth noting that it also has no check writing or online bill pay capabilities.

Here are some options to consider:

The $2 monthly fee on Fifth Third's ABLE Checking account can be waived under certain conditions.

Fine Print

To avoid any surprises, it's essential to understand the fine print. Fifth Third Bank offers a $300 checking bonus, but to qualify, you must provide the offer code, open a Fifth Third Momentum Checking or Preferred2 checking account by December 31, 2024, and make qualifying payroll or government-issued direct deposit(s) totaling $2000 or more within 90 days of account opening.

The account(s) must be funded within 90 days of account opening, or the account may be closed, and you may not be eligible for the bonus. The $300 checking bonus does not require any additional activities. However, your checking account must be open and in good standing to receive the cash bonus.

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Here's a summary of the qualifying requirements:

  • Provide the offer code
  • Open a Fifth Third Momentum Checking or Preferred2 checking account by December 31, 2024
  • Make qualifying payroll or government-issued direct deposit(s) totaling $2000 or more within 90 days of account opening

Keep in mind that the offer is not available to anyone who has an ownership interest in any existing Fifth Third checking or a Fifth Third checking account that closed within the last 13 months.

Bonus Information

The 5th/3rd Bank bonus offers vary in amount and requirements, but typically require you to open a new account online or in-branch with a valid link or offer code.

Eligible accounts for bonuses include Fifth Third Momentum Checking, Fifth Third Preferred Checking, and other types of checking accounts.

To receive a $300 bonus, you must complete the direct deposit requirements, which typically involve setting up direct deposits totaling at least $500 within 90 days of account opening.

You can earn a $300 bonus by opening a new eligible checking account and setting up direct deposits totaling $2,000 or more within 90 days of account opening.

The bonus requirements and availability may vary depending on your location, with some offers only available in specific states such as Florida, Georgia, and Illinois.

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Here are some key details about the bonus offers:

The bonus is typically deposited into your account within 10 business days of completing the requirements, and may be considered income and reported on IRS Form 1099-INT or 1042-S.

$300 Bonus

The $300 Bonus is a great opportunity to earn some extra cash with Fifth Third Bank. You can earn a $300 bonus by opening a new checking account with qualifying activity.

To qualify for the bonus, you'll typically need to open a new account online or in-branch with a valid link or offer code. Fifth Third Bank offers different bonus opportunities, but the requirements often include setting up qualifying direct deposit for a specific amount and keeping that money in the account for at least 90 days.

Eligible accounts for the $300 bonus include Fifth Third Momentum Checking, Fifth Third Preferred Checking, and other checking account types such as Essential, Enhanced, Preferred, Free Checking, or Free Checking plus Extra Time. You can find the specific account types available in your state by checking the bank's website or visiting a local branch.

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To earn the bonus, you'll need to complete the direct deposit requirements, which typically involve making direct deposits totaling at least $500 within 90 days of account opening. The cash bonus will be deposited into your new checking account within 10 business days of completing the qualifying activity requirements.

Here are the eligible account types and states where the $300 bonus is available:

The $300 bonus is a great way to earn some extra cash with Fifth Third Bank, but be sure to review the specific requirements and eligibility criteria before applying.

Bonus Comparisons

Fifth Third Bank bonuses are only available in certain states, so it's essential to check eligibility before applying.

Historically, Fifth Third Bank has offered some great promotions.

If you're not eligible for a Fifth Third Bank bonus, there are alternative options available.

Frequently Asked Questions

What bank gives you money just for signing up?

TD Bank offers a $200 bonus for opening a personal checking account and setting up direct deposit. Sign up for a TD Bank Complete Checking account to receive the free money.

Does Fifth Third Bank have free checking?

Yes, Fifth Third Bank offers a free checking account with no monthly service charge. Fifth Third Momentum Checking is a popular option with added benefits to help you manage your finances.

What is the bank code for Fifth Third Bank?

The bank code for Fifth Third Bank is FTBCUS3C. This is also known as the SWIFT/BIC code, used for international transactions.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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