
Fifth Third Bank Reviews
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About Fifth Third Bank
Fifth Third Bank is a regional bank headquartered in Cincinnati, Ohio. It offers a full lineup of financial products, including checking and savings accounts, home and personal loans, investments and insurance. Fifth Third has been in operation for over 165 years.
- Large ATM network
- No-fee checking account
- Promotional CDs have competitive rates
- HSAs, ABLE and 529 savings accounts available
- Only available in 11 states
- Some monthly fees
- Low interest rates on most deposit accounts
- $5,000 minimum deposit for promotional CDs
Helpful Reviews
What is Fifth Third Bank?
Fifth Third Bank is a regional bank that operates over 1,000 branches across the Midwest and South. As of March 31, 2025, it has over $200 billion in assets, and it offers a variety of financial services to individuals, families and businesses.
Fifth Third Bank serves residents and businesses in 11 states:
- Florida
- Georgia
- Illinois
- Indiana
- Kentucky
- Michigan
- North Carolina
- Ohio
- South Carolina
- Tennessee
- West Virginia
Fifth Third Bank is insured by the Federal Deposit Insurance Corporation (FDIC) and has been in business since 1858.
How does Fifth Third Bank work?
You can open a Fifth Third Bank account online, by phone or in person. Opening an account typically requires providing personal information such as your name, address and Social Security number.
Once your account is open, you can manage it through the Fifth Third Bank mobile app, which allows you to check your balance, deposit checks, transfer money, pay bills and set up alerts.
You can reach customer support by:
- Stopping by a local branch
- Sending a message online or via the mobile app
- Calling customer service, available every day except Sunday, at 800-972-3030
Fifth Third Bank products and services
At Fifth Third Bank, you’ll find these products and services:
Checking accounts
Fifth Third’s Momentum checking account, its most popular, has no monthly fee or minimum balance requirement. The Extra Time feature gives you until midnight Eastern on the business day after your account is overdrawn to bring your account balance to at least $0 and avoid overdraft fees.
Fifth Third has a premium Preferred Checking account that offers interest and other benefits, as well as accounts for students, military members and their families, and those who need money management assistance. Its ABLE checking account is for individuals with disabilities and their families who want a way to save without losing federal benefits.
When you set up a checking account with Fifth Third, you can choose from a variety of debit cards.
Savings accounts
Fifth Third Bank offers a range of savings accounts. The Momentum savings account earns a rate of 0.01% at the time of publishing, while the money market account rate grows with your balance. You can avoid the $5-per-month service fee on each type of account if you have a checking account or maintain an average monthly balance of at least $500. Fifth Third also offers a savings account for children and students 13 and older.
Certificates of deposit
Fifth Third Bank offers a variety of CDs, including promotional, short-term, long-term and 529 options. There are no maintenance fees, and interest rates are fixed for the entire term. Minimum deposit amounts range from $500 to $5,000, and terms last from seven days on a short-term CD to 144 months on a 529 CD.
Loans
With Fifth Third Bank, you’ll find a broad selection of mortgages, including fixed- and adjustable-rate options. Fifth Third also offers home equity lines of credit and home equity loans if you want to borrow against your property.
In addition to mortgages, you can find personal loans and auto loans for buying or refinancing.
Credit cards
Fifth Third Bank has credit cards with features like up to 2% cash back, no annual fee, 0% introductory annual percentage rate (APR) and no international transaction fees. There’s also a secured credit card that you can use to build credit history.
Insurance
If you’re in the market for life insurance, Fifth Third Bank can help you choose coverage. Its products include term, universal, variable and whole life insurance, plus long-term care and disability income policies.
Investment services
With Fifth Third’s investment services, you can open an individual retirement account (IRA) with as little as $500, or get financial guidance from a professional to help you invest in stocks and bonds, mutual funds, annuities or exchange-traded funds.
Fifth Third Bank fees
If you set up Momentum checking and savings accounts, you won’t pay any monthly service fees. Other checking and savings accounts may have fees, but you can avoid these by meeting certain requirements, such as maintaining a minimum balance.
Fifth Third Bank fees include:
- Non-Fifth Third ATM fee: $3.50 in U.S., $5 international
- Cashier’s check: $10
- Money order: $2
- Stop payment: $33
- Overdraft: $37, maximum of three fees per day
- Incoming wire transfer: $15
- Outgoing domestic wire transfer: $30
Fifth Third doesn’t charge any fee for a debit card replacement.
Fifth Third Bank FAQ
Does Fifth Third Bank offer mobile banking?
Yes, Fifth Third Bank has 24/7 mobile banking, including through its app. You can check balances, make deposits, transfer money, pay bills, set up alerts for things like low balances, and even withdraw cash at an ATM without your physical debit card.
Does Fifth Third Bank use Zelle or another payment service?
Yes, Fifth Third Bank allows you to send and receive money using Zelle in its mobile app.
Can I open an account at Fifth Third Bank if I have bad credit?
Yes, some of Fifth Third Bank’s options are geared toward those who want to build credit, like the Express Banking checking account and the secured credit card, which shares your account information with the three major credit bureaus.
Where is Fifth Third Bank available?
Fifth Third Bank is available in Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee and West Virginia.
Is there a lawsuit against Fifth Third Bank?
In March 2020, the Consumer Financial Protection Bureau (CFPB) sued Fifth Third Bank, alleging that it created accounts for customers without their consent. In July 2024, the bank reached a settlement with the CFPB, agreeing to pay a $15 million fine and ban sales goals that led employees to create fake accounts. Separately, Fifth Third agreed to pay a $5 million penalty to the CFPB for activities related to auto loan servicing.
Is Fifth Third Bank legit?
Yes, Fifth Third Bank is legit and worth considering if you’re looking for a full-service provider and live in the 11-state service area. Before you choose Fifth Third, we recommend comparing its products, rates and fees with those of other banks so you get the most for your money.
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Fifth Third Bank Company Information
- Company Name:
- Fifth Third Bank
- Website:
- www.53.com






