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expired Posted by adit2628 • Jul 30, 2022
expired Posted by adit2628 • Jul 30, 2022

Fifth Third Bank: Open Eligible Checking Account + $500 Direct Deposit & Get

(Select States)

$375 Cash Bonus

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Deal Details
Fifth Third Bank is offering a $375 Cash Bonus (deposited to your account) when you open an Eligible Checking account and Make Direct Deposits Totaling $500 or More Within 90 Days of Account Opening.

Thanks to Community Member adit2628 for finding this deal.
  • Open a new checking account by 9/30/2022.
  • Make direct deposits totaling $500 or more within 90 days of account opening.
  • The $375 bonus will be added to your new account within 10 business days of completing qualifying activity requirements.
  • Offer is valid in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina only.
Offer Details:
  • To qualify for the $375 checking bonus, provide the offer code, open a Fifth Third Momentum Checking, or Preferred2 checking account by 9/30/2022 and make direct deposits totaling $500 or more within 90 days of account opening. The $375 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.
  • Fifth Third Preferred Checking is an interest-bearing checking account and all balances earn 0.01% Annual Percentage Yield (APY) in all markets. APYs are accurate as of 6/1/2022 and may change at any time.
  • Fifth Third Momentum Banking benefits are only available with Fifth Third Momentum Checking.
  • Fifth Third Extra Time gives you longer—anytime before midnight ET on the business day after your account is overdrawn—to make a deposit that brings your available balance to at least $0. You must deposit enough to cover all items that caused your overdraft plus any outstanding checks, automatic payments, or pending debit card purchases that may be presented that business day. Extra Time does not apply to items that are returned unpaid.
  • Fifth Third employs a number of fraud protection measures and offers you fee-free tools, such as alerts, to help protect your account. You may also enroll in Fifth Third Identity Alert, an optional, non-FDIC insured product, subject to additional fees, provided by Fifth Third's vendor, Trilegiant.
  • Early Pay grants you access to your eligible direct deposit payments up to two days prior to the scheduled payment date. Early availability is based on the timing of the payer's payment instruction and standard fraud prevention restrictions apply.
  • Certain restrictions and fees will apply. Fees are disclosed at the time of deposit. Deposits can be made in branch or via our mobile app. Mobile deposits are subject to Digital Services User Agreement; including applicable cut-off times.

Editor's Notes

Written by SlickDealio | Staff
  • About this Deal:

Original Post

Written by adit2628
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Fifth Third Bank is offering a $375 Cash Bonus (deposited to your account) when you open an Eligible Checking account and Make Direct Deposits Totaling $500 or More Within 90 Days of Account Opening.

Thanks to Community Member adit2628 for finding this deal.
  • Open a new checking account by 9/30/2022.
  • Make direct deposits totaling $500 or more within 90 days of account opening.
  • The $375 bonus will be added to your new account within 10 business days of completing qualifying activity requirements.
  • Offer is valid in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina only.
Offer Details:
  • To qualify for the $375 checking bonus, provide the offer code, open a Fifth Third Momentum Checking, or Preferred2 checking account by 9/30/2022 and make direct deposits totaling $500 or more within 90 days of account opening. The $375 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.
  • Fifth Third Preferred Checking is an interest-bearing checking account and all balances earn 0.01% Annual Percentage Yield (APY) in all markets. APYs are accurate as of 6/1/2022 and may change at any time.
  • Fifth Third Momentum Banking benefits are only available with Fifth Third Momentum Checking.
  • Fifth Third Extra Time gives you longer—anytime before midnight ET on the business day after your account is overdrawn—to make a deposit that brings your available balance to at least $0. You must deposit enough to cover all items that caused your overdraft plus any outstanding checks, automatic payments, or pending debit card purchases that may be presented that business day. Extra Time does not apply to items that are returned unpaid.
  • Fifth Third employs a number of fraud protection measures and offers you fee-free tools, such as alerts, to help protect your account. You may also enroll in Fifth Third Identity Alert, an optional, non-FDIC insured product, subject to additional fees, provided by Fifth Third's vendor, Trilegiant.
  • Early Pay grants you access to your eligible direct deposit payments up to two days prior to the scheduled payment date. Early availability is based on the timing of the payer's payment instruction and standard fraud prevention restrictions apply.
  • Certain restrictions and fees will apply. Fees are disclosed at the time of deposit. Deposits can be made in branch or via our mobile app. Mobile deposits are subject to Digital Services User Agreement; including applicable cut-off times.

Editor's Notes

Written by SlickDealio | Staff
  • About this Deal:

Original Post

Written by adit2628

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Top Comments

That's their Preferred Checking. Their other product, Momentum Checking, is also eligible and has no fee.
Service charges waived if you achieve a combined total balance of at least $100,000 across your deposit and investment accounts one time per month.2
Otherwise, it's $25 per month.
Just commenting on 5/3 themselves, but I had a pretty bad experience with them. The bank sent me an official bounced check that took over a month and multiple calls to CS to resolve. I stay far and away from doing biz with them again.

182 Comments

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Jul 30, 2022
2 Posts
Joined Mar 2021
Jul 30, 2022
EfficientCaption674
Jul 30, 2022
2 Posts
Thanks
Jul 30, 2022
4,959 Posts
Joined Dec 2010
Jul 30, 2022
Inbox
Jul 30, 2022
4,959 Posts
some general basic info about this bank and checking accounts, for other clueless about such things: "Fifth Third operates 1,136 branches and 2,469 automated teller machines in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina.The company is ranked 415th on the Fortune 500.[4] Fifth Third is one of the largest banks in the United States..​Many banks have interest rates on checking accounts that are less than 1%, and the interest rates for savings accounts are only slightly higher. On top of low rates, some banks only offer interest to customers who meet certain minimum deposit thresholds.
There are a variety of ways to qualify for a basic checking account with Fifth Third Bank. To keep a checking account with Fifth Third Bank, customers must complete specific actions during each statement period. Active military personnel who receive at least $500 in direct deposits qualify. Employees qualify when they receive a $500 or more direct deposit through an employer's Fifth Third banking benefits program. Anyone with an active loan or credit line from Fifth Third Bank can maintain a checking account. People who own business banking accounts with Fifth Third Bank automatically qualify for a personal checking account. Outside of these factors, a person can also be eligible bbo bey keeping at least $1,500 in their checking account or spending a minimum of $500 with a Fifth Third Bank credit card. At Fifth Third Bank, all customers earn interest, even if they only have a few dollars deposited. Many of Fifth Third Bank's savings accounts operate on a progressive interest rate system. Customers who deposit more money become eligible for a higher APY
Last edited by Inbox July 31, 2022 at 12:51 AM.
2
Jul 30, 2022
675 Posts
Joined Jul 2007
Jul 30, 2022
onlycash
Jul 30, 2022
675 Posts
It didn't like my zip code when I tried to open an account online.


It said I could "visit a branch to open an account".


.
Jul 30, 2022
288 Posts
Joined Dec 2004
Jul 30, 2022
slickdealer05
Jul 30, 2022
288 Posts
valid across US or only in states where they have a branch?
Jul 30, 2022
1 Posts
Joined Jul 2022
Jul 30, 2022
FeistyTest9270
Jul 30, 2022
1 Posts
To qualify for the $375 checking bonus, provide the offer code, open a Fifth Third Momentum® Checking, or Preferred checking account by 9/30/2022 and make direct deposits totaling $500 or more within 90 days of account opening. The $375 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.

https://www.53.com/content/fifth-...offer.html
Jul 30, 2022
4,210 Posts
Joined Jul 2010
Jul 30, 2022
Selman
Jul 30, 2022
4,210 Posts
I suppose this is pretty good if you are just going to use them for the deal and leave, but the interest rate 0.01% for savings is the lowest I have ever seen.
https://openonline.53.com/product...code=37642

I don't even understand how they maintain customers.
1
Jul 30, 2022
1,688 Posts
Joined May 2004
Jul 30, 2022
rkster09
Jul 30, 2022
1,688 Posts

Our community has rated this post as helpful. If you agree, why not thank rkster09

Service charges waived if you achieve a combined total balance of at least $100,000 across your deposit and investment accounts one time per month.2
Otherwise, it's $25 per month.
4
2
6

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Jul 30, 2022
4,210 Posts
Joined Jul 2010
Jul 30, 2022
Selman
Jul 30, 2022
4,210 Posts
Quote from Inbox :
Many banks have interest rates on checking accounts that are less than 1%, and the interest rates for savings accounts are only slightly higher. On top of low rates, some banks only offer interest to customers who meet certain minimum deposit thresholds.
Nobody smart uses a bank that charges monthly fees to maintain a personal checking account under $250,000. That's a funny assertion they made. Also funny is that Fifth-Third bank offers 0.01% interest in my zip code which is almost more insulting than just saying, "We won't pay you any interest to borrow your money."
Last edited by Selman July 30, 2022 at 10:38 AM.
2
Jul 30, 2022
95 Posts
Joined Jul 2006
Jul 30, 2022
Pajama_Man
Jul 30, 2022
95 Posts
Just commenting on 5/3 themselves, but I had a pretty bad experience with them. The bank sent me an official bounced check that took over a month and multiple calls to CS to resolve. I stay far and away from doing biz with them again.
Jul 30, 2022
70 Posts
Joined Nov 2012
Jul 30, 2022
hvtuananh
Jul 30, 2022
70 Posts

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

Quote from rkster09 :
Service charges waived if you achieve a combined total balance of at least $100,000 across your deposit and investment accounts one time per month.2
Otherwise, it's $25 per month.
That's their Preferred Checking. Their other product, Momentum Checking, is also eligible and has no fee.
5
Jul 30, 2022
30 Posts
Joined Jul 2015
Jul 30, 2022
stuartglehr
Jul 30, 2022
30 Posts
Quote from rkster09 :
Service charges waived if you achieve a combined total balance of at least $100,000 across your deposit and investment accounts one time per month.2
Otherwise, it's $25 per month.
Where'd you find this?
Jul 30, 2022
30 Posts
Joined Jul 2015
Jul 30, 2022
stuartglehr
Jul 30, 2022
30 Posts
Quote from hvtuananh :
That's their Preferred Checking. Their other product, Momentum Checking, is also eligible and has no fee.
Thanks
Jul 30, 2022
1,546 Posts
Joined Nov 2011
Jul 30, 2022
sunboy129
Jul 30, 2022
1,546 Posts
Anyone knows if transferring funds from Robinhood counts as direct deposit for this offer? TIA.
1
Jul 30, 2022
1,745 Posts
Joined Aug 2020
Jul 30, 2022
SplendidHome1945
Jul 30, 2022
1,745 Posts
it's absolutely nuts banks charge service fees for putting my money in. those ponzi schemes should be happy i'm doing business with them
1

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Jul 30, 2022
1,074 Posts
Joined Jun 2011
Jul 30, 2022
halloweenprince
Jul 30, 2022
1,074 Posts
Unfortunately, we are unable to open your account online at this time. However, we'd be happy to help you in a Fifth Third Branch.

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