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forum thread Posted by SlickDealio | Staff • Oct 9, 2021
forum thread Posted by SlickDealio | Staff • Oct 9, 2021

Fifth Third New Checking Account: $300 Bonus after $500+ Direct Deposit within 60 Days

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https://www.53.com/content/fifth-...offer.html
  1. Open a new checking account by 12/31/2021
  2. Make direct deposits totaling $500 or more within 60 days of account opening
*The $300 bonus will be added to your new account within 10 business days of completing qualifying activity requirements.

To qualify for the $300 checking bonus, provide the offer code, open a Fifth Third Momentum® Checking, or Preferred2 checking account between 9/08/2021 and 12/31/2021 and make direct deposits totaling $500 or more within 60 days of account opening. The $300 checking bonus does not require any additional activities. A qualifying Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension or government payments (such as Social Security). The cash bonus will be deposited into your new account within 10 business days of completing qualifying activity requirements. In order to receive the cash bonus, your checking account must be open and in good standing. Offer is not available to existing Fifth Third checking customers or to those with a Fifth Third Checking account that has been closed within the last 12 months. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. Eligibility may be limited based on your account type and ownership role. Account must be funded within 45 days of account opening. No minimum deposit required to open a checking account. Bonus may be taxable as interest income and reported on IRS Form 1099-INT. Consult your tax advisor. UNIQUE OFFER CODE MUST BE PRESENTED AT ACCOUNT OPENING TO RECEIVE THE BONUS. See your banker for details. Not valid with any other offer.

Note: Availability may vary by state.
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Community Notes
About the Poster
https://www.53.com/content/fifth-...offer.html
  1. Open a new checking account by 12/31/2021
  2. Make direct deposits totaling $500 or more within 60 days of account opening
*The $300 bonus will be added to your new account within 10 business days of completing qualifying activity requirements.

To qualify for the $300 checking bonus, provide the offer code, open a Fifth Third Momentum® Checking, or Preferred2 checking account between 9/08/2021 and 12/31/2021 and make direct deposits totaling $500 or more within 60 days of account opening. The $300 checking bonus does not require any additional activities. A qualifying Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension or government payments (such as Social Security). The cash bonus will be deposited into your new account within 10 business days of completing qualifying activity requirements. In order to receive the cash bonus, your checking account must be open and in good standing. Offer is not available to existing Fifth Third checking customers or to those with a Fifth Third Checking account that has been closed within the last 12 months. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. Eligibility may be limited based on your account type and ownership role. Account must be funded within 45 days of account opening. No minimum deposit required to open a checking account. Bonus may be taxable as interest income and reported on IRS Form 1099-INT. Consult your tax advisor. UNIQUE OFFER CODE MUST BE PRESENTED AT ACCOUNT OPENING TO RECEIVE THE BONUS. See your banker for details. Not valid with any other offer.

Note: Availability may vary by state.

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120 Comments

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Oct 9, 2021
2,339 Posts
Joined May 2008
Oct 9, 2021
LightningDemon
Oct 9, 2021
2,339 Posts

Our community has rated this post as helpful. If you agree, why not thank LightningDemon

so, from the T&C, each person needs their own UNIQUE promo code to qualify for the bonus? Did I read that correctly?


**EDIT**
I did read that correctly but apparently 5/3 website will auto-generate a unique code for those who wish to apply
Last edited by LightningDemon October 9, 2021 at 12:04 AM.
3
Pro
Oct 9, 2021
532 Posts
Joined Apr 2021
Oct 9, 2021
AbedO
Pro
Oct 9, 2021
532 Posts
I've been meaning to switch banks, and was just about to sign up for the Chase $225 bonus... is 5/3rd any better?
1
Oct 9, 2021
891 Posts
Joined Oct 2015
Oct 9, 2021
AppnaDesi
Oct 9, 2021
891 Posts
Guys not sure , if I have seen in terms any mention of targeted states , Have you seen any . Is this offer nation wide ?
Oct 9, 2021
90 Posts
Joined Jan 2016
Oct 9, 2021
Spoph
Oct 9, 2021
90 Posts
Select states it seems (Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, and West Virginia). I tried applying from AZ, but the zip code I used does not allow me to start the bank application online.
Oct 9, 2021
4,615 Posts
Joined May 2008
Oct 9, 2021
adamant
Oct 9, 2021
4,615 Posts

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Quote from AppnaDesi :
Guys not sure , if I have seen in terms any mention of targeted states , Have you seen any . Is this offer nation wide ?
One of the first steps is to enter your zip code. Told me I couldn't apply online (st louis), and to visit a branch.
4
Oct 9, 2021
42 Posts
Joined Aug 2005
Oct 9, 2021
LastOfThe12
Oct 9, 2021
42 Posts
Quote from adamant :
One of the first steps is to enter your zip code. Told me I couldn't apply online (st louis), and to visit a branch.
Yep, not allowing Louisiana to sign up for this deal either.
Oct 9, 2021
833 Posts
Joined Jan 2017
Oct 9, 2021
randompurplehippo
Oct 9, 2021
833 Posts
Nice deal

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Oct 9, 2021
3,234 Posts
Joined Sep 2013
Oct 9, 2021
PaulP6715
Oct 9, 2021
3,234 Posts
Quote from AbedO :
I've been meaning to switch banks, and was just about to sign up for the Chase $225 bonus... is 5/3rd any better?
Turns out 5/3rd is actually exactly 1/3rd better (300/225 = 1.33333 = 1/3 more free money ) than Chase. Seriously though , chase is international and likely has more products available to you, but maybe most of them don't matter in your life. Compare their site offerings. Everything is well documented.
1
1
Oct 9, 2021
808 Posts
Joined Aug 2016

This comment has been rated as unhelpful by Slickdeals users.

Oct 9, 2021
810 Posts
Joined Apr 2013
Oct 9, 2021
Cubicrootofthee
Oct 9, 2021
810 Posts
Quote from anatvass313 :
Chase bonus is guaranteed. I for example have never heard about Fifth Third Bank. And I would never put my money to the bank like this.
That's absolutely you're prerogative to not invest. But it's also your ignorance that you don't know about this bank.
For additional context: I used this offer in the summer and got the bonus within a day of fulfilling the DD requirement.
https://www.nerdwallet.com/review...third-bank
Oct 9, 2021
440 Posts
Joined Feb 2011
Oct 9, 2021
LindsInSC
Oct 9, 2021
440 Posts
We're in SC and signed up for this offer with no issues. We have B&M locations of this bank in our area in random spots, too. So, there's that. Need a day-to-day checking, will check this option with bonus. Thanks so much OP!
Oct 9, 2021
6,659 Posts
Joined Mar 2004
Oct 9, 2021
practicalme
Oct 9, 2021
6,659 Posts
In Chicagoland, they have a flyer in the ValPak that gives you a unique code for $300 for DD of 1K plus another $400 if you deposit 15K for 90 days.
Oct 9, 2021
3,951 Posts
Joined May 2004

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Pro
Oct 9, 2021
1,288 Posts
Joined Sep 2021
Oct 9, 2021
Wyvern1
Pro
Oct 9, 2021
1,288 Posts
does schwab count as direct deposit?

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Oct 9, 2021
6,659 Posts
Joined Mar 2004
Oct 9, 2021
practicalme
Oct 9, 2021
6,659 Posts

Our community has rated this post as helpful. If you agree, why not thank practicalme

Quote from abadan :
My sentiments exactly.
If you've never heard of Fifth Third, you're probably not in their footprint.

Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, and West Virginia are the eligible states. This part should probably be in the OP/Title

FWIW, I've done this checking bonus four years in a row.
2

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