Fifth Third Bank account review

Discover the Benefits of Fifth Third Bank Accounts!

Fifth Third Bank, based in Cincinnati, Ohio, is a prominent regional bank in the United States. With over 1,100 branches across 10 states, it is recognized as one of the largest banks in the country.

The story of Fifth Third Bank dates back to 1858 when it was established as the Bank of the Ohio Valley. Over time, through mergers and acquisitions, it transformed into the esteemed institution it is today.

Offering a broad range of financial services, including personal banking, business banking, commercial banking, and investment services, Fifth Third Bank is committed to meeting various customer needs.

The bank provides a diverse array of products, including checking accounts, savings accounts, mortgages, auto loans, credit cards, and investment solutions.

Renowned for its emphasis on innovation and technology in the banking sector, Fifth Third Bank offers online and mobile banking services. This allows customers to conveniently manage their accounts, make transactions, and access other essential banking services.

As a publicly traded company on the NASDAQ stock exchange under the ticker symbol “FITB,” Fifth Third Bank is regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve System.

But what about FDIC insurance? Rest assured, Fifth Third Bank is FDIC insured, offering each depositor coverage up to $250,000.

Now, let’s explore the checking account options provided by Fifth Third Bank.

Checking Account Options at Fifth Third Bank

At Fifth Third Bank, you have three distinctive checking account options to choose from.

Fifth Third Momentum® Checking

Designed for individuals who want to cultivate healthy financial habits and build long-term financial wellness.

Summary of features:

• No monthly service fee
• No minimum balance requirement
• Identity theft monitoring options
• Check writing capability
• Over 40,000 fee-free partner ATMs
• Online Bill pay

Fifth Third Bank’s featured and popular checking account, offering all the benefits of a checking account without any monthly service charges.

Yes, you read that right – a free checking account! Additionally, you’ll have extra time to make deposits and avoid overdraft fees.

Key Benefits:

• Unlimited check writing
• 24/7 access to mobile and online banking
• Early Pay allows you to receive your paycheck up to two days early, free of charge
• MyAdvance® enables you to obtain a cash advance on your next eligible deposit
• Extra Time® helps you avoid overdraft fees

Fifth Third Preferred Checking

Designed for individuals with $100,000+ in investible assets, this exclusive program offers higher interest rates on your checking account, along with preferred discounts, benefits, and services.

Summary of features:

• Identity theft monitoring options
• Complimentary Fifth Third Identity Alert®
• Check writing capability
• Over 40,000 fee-free partner ATMs
• Online Bill pay
• Dedicated banker

Key Benefits:

• Unlimited check writing
• Secondary checking account
• Better loan rates
• Complimentary Fifth Third Identity Alert®^[1]
• Online bill pay

Fifth Third Express Checking

This personal checking account is specially designed to assist students aged 13 and above in managing their money and building a strong financial foundation.

Summary of features:

• No monthly service fee
• No minimum balance requirement
• Identity theft monitoring options
• Over 40,000 fee-free partner ATMs

Key Benefits:

• Fifth Third Debit Card
• Unlimited check writing
• Online bill pay

Requirements to Open an Account

In order to apply for a Fifth Third Bank account, you will need to provide the following information:

• Full name
• Address
• Phone number
• Date of birth
• Primary form of identification
• Social security number

The minimum balance requirement to open a checking account depends on the type of account you choose. The Fifth Third Preferred Checking account requires an initial deposit, while the other two options do not.

Learn How to Apply for a Fifth Third Bank Account

Ready to take the next step and open a Fifth Third Bank account? Here’s how:

If you find Fifth Third Bank’s checking account options appealing, simply click the green button below!

Written by

Claire Harrison