Are you planning on opening a Fifth Third Bank account in 2022? You’re not alone! It’s estimated that they’ll see huge growth as new customers seek out a solid company to bank with. But there are some decisions you should make before applying for fifth third bank open account. Here’s how to get the most out of your Fifth Third banking experience in 2022.
Types Of Accounts Offered At Fifth Third Bank
The Fifth Third Bank offers a variety of accounts, including checking, savings, and certificates of deposit. You can also open an investment account with the bank so you can invest in stocks and bonds.
Here are two main types of accounts offered by Fifth Third Bank:
Traditional Account
A traditional account is an FDIC-insured deposit account that can be opened in person at a Fifth Third Bank branch or at one of the bank’s ATMs.
Fifth Third Momentum Checking
Fifth Third Momentum Checking is a checking account that offers a variety of features and benefits.
This is the most well-liked and prominent checking account from Fifth Third Bank. No monthly service fees, but all the advantages of a checking account.
Features:
- A free available checking account
- Get more time to deposit money and stay clear of overdraft costs as well!
- There is no needed minimum balance.
- No down payment is necessary to start an account.
- Fifth Third Extra Time extends your deposit deadline and helps you avoid overdraft fees (anytime before midnight ET the next business day).
- Fee-free transfer of Overdraft Protection
Benefits:
- Profit from limitless check writing.
- Bank on the go using mobile and web.
- Early Pay allows you to receive your payment up to two days early and is free.
- With MyAdvance, receive a cash advance on your subsequent qualifying deposit.
- Extra Time helps you avoid overdraft fees.
Specialized Accounts
Fifth Third offers specialized accounts to meet the financial needs of customers. The bank offers a variety of accounts that are designed to help individuals, families, and Fifth Third Bank Business Account manage their finances more effectively.
Fifth Third Preferred Checking
With the aid of this special program, you can increase the interest rate on your checking account and take advantage of exclusive discounts, advantages, and services.
Features:
- If you maintain a combined monthly total amount of at least $100,000 in your investing and deposit accounts, you won’t be charged any service fees.
- If not, the monthly fee is $25.
Benefits:
- Write checks indefinitely
- An additional checking account
- Improved loan rates
- Complimentary Fifth Third Identity Alert
- Paying bills online
Fifth Third Student Banking
Students who are 13 years old and older may open a personal checking account.
Features:
- There is no required minimum to open an account.
- No minimum balance is necessary.
Benefits:
- Fifth Third Debit Card
- Check writing is not a limitation.
- Online Payments
Fifth Third Military Checking
This is for all military families, including veterans, reserve/guard members, active duty personnel, and retired personnel.
Additionally, this comprises commissioned employees from the National Oceanic and Atmospheric Administration and the Public Health Service.
Benefits:
- There isn’t a monthly service fee when you open a Fifth Third Momentum® Checking account.
- If you open a Fifth Third Preferred Checking account, the monthly service fee will be $5 less.
Major advantages:
- Rate discounts for VA home loans
- 10 non-Fifth Third ATM withdrawals are free each month.
- Online bill payment
Fifth Third Express Banking
You can benefit from all the benefits of a safe, accessible bank account with built-in security measures to help you manage your money more effectively.
Features:
- No monthly service charge
- There are no fees or minimum balance requirements.
Benefits:
- Check cashing and deposits.
- Your money is available right away.
- Bank on the go using mobile and web.
- Fifth Third Debit Card.
- Tools for improving your credit.
Fifth Third ABLE Checking
This enables people with disabilities and their families to set money aside for future, eligible costs without having to give up their eligibility for government benefits. Additionally, participating state plans are able to access it.
Features:
- If you choose paperless statements or have an average monthly balance of $250 or more during your statement cycle, service fees are waived.
- Otherwise, the monthly fee is $2.00.
Advantages:
- Fifth Third Debit Card.
- You may write checks indefinitely.
- No fees for overdrafts or insufficient money.
- No taxes are due on interest income or withdrawals utilized for eligible purposes.
How Does Fifth Third Bank open account?
Fifth Third Bank is a great bank to open accounts in Ohio. Opening an account at Fifth Third Bank is easy. Here are some of the steps that you need to follow:
Step 1: Go to the Checking Accounts page of Fifth Third Bank.
Step 2: On that page, click “Open an Account” to proceed.
Step 3: On a new page, click “Get Started”.
Step 4: Then press “I’m Ready”. After that, fill in your Primary Email, Zip Code, and Offer Code (Optional).
Step 5: Following that, tap on “Continue” and adhere to the remaining prompts to complete opening an account at Fifth Third Bank
Apart from opening an account online, you can visit any branch of Fifth Third Bank to meet representatives for help.
Benefits Of Opening An Account At Fifth Third Bank
The following are some of the benefits of opening an account at Fifth Third Bank.
- Access to a wide range of financial products and services
Fifth Third Bank offers a wide range of financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), Fifth Third Bank auto loans, Fifth Third Bank mortgages, and more. You can even use your credit card to pay bills online or make purchases from your mobile device.
- Access to the latest technology
Fifth Third Bank has always been at the forefront when it comes to innovation in banking. They’re constantly looking for ways to improve their customers’ experience with them.
This includes using cutting-edge technology like mobile apps for iPhone and Android devices that make it easy for you to access your account information and check balances at any time.
- Over available 50,000 fee-free ATMs
Within the bank’s 11-state geographic footprint, customers of Fifth Third Bank have access to almost 1,100 branches, and they can also use a large number of ATMs located all over the country.
The bank is a member of the Presto, 7-Eleven, and Allpoint ATM networks. Thus, there are no transaction fees assessed when using your Fifth Third Bank debit card at any of these networked ATMs.
- No minimum deposit when opening a checking or savings account
No account size is too big or too little for Fifth Third Bank. However, within 45 days of opening the account, you must fund it.
- No minimum balance requirements
Interest-bearing accounts offer an annual percentage yield regardless of the balance, even if it is just one cent.
- Access to a great customer service team
Their customer service team is here 24/7 to assist you whenever you need them most — whether it’s by phone, email, or live chat on their website — so there’s never any reason to hesitate before contacting them about anything related to your account or financial situation.
FAQs
What Do Checking Accounts Offer?
When it comes to daily finances, checking accounts have several advantages. Direct deposits, check payments, cash withdrawals from any Fifth Third Bank ATM, and safekeeping of your funds are all possible with checking accounts.
What Should I Look For When Choosing A Checking Account?
When choosing a checking account, you should take into consideration things like possible fees, available ATMs, mobile and online banking features, and minimum balance restrictions.
Is It Possible To Find My Account And The Routing Number?
Yes, you can find your account and routing number online or through the Fifth Third mobile app. Also, The first set of numbers on the bottom left of your Fifth Third checks is your routing number.
How To Withdraw Money From My Account?
You can use an ATM, a Fifth Third Bank branch near you, or a check to get cash to withdraw money from your account.
What To Do When The Credit Card Is Stolen Or Lost?
Call 1-800-782-0279 right away if your Fifth Third Bank Credit Card is stolen or lost. On this line, customer service personnel are on duty around-the-clock. You can also use the Fifth Third mobile app or the website to report your card as lost or stolen.
Can I access my checking account from the Fifth Third Mobile Banking App?
The answer is Yes. You can access your checking account from the Fifth Third Mobile Banking App. The app is available on Android and iOS devices.
Final Thoughts
In this guide, we have discussed some things to consider when deciding whether or not to open an account at Fifth Third Bank. Along the way, we’ll highlight the various pros of opening an account at this bank as well.
If you have any thoughts or comments about this blog post, feel free to give them below. Thank you for your attention!
