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expiredpaintballer301 posted Dec 24, 2023 05:48 PM
expiredpaintballer301 posted Dec 24, 2023 05:48 PM

Fifth Third Bank: Open Checking Account w/ $500 in Direct Deposits, Earn

(Select States)

$375 Bonus

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Deal Details
Fifth Third Bank is offering a $375 Cash Bonus when you open an Eligible Checking Account and Make Qualifying Direct Deposits totaling $500 or More within the First 90 days of account Opening.

Thanks to community member paintballer301 for sharing this deal.

Note, only those who live in a state where a Fifth Third Bank Branch is located may open a Checking Account online. Eligible state include Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia

Editor's Notes

Written by slickdewmaster | Staff
  • Review the complete terms and conditions here.
  • Checking Offer:
    • Account(s) must be funded within 90 days of account opening or account may be closed, and you may not be eligible for the bonus. 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 anyone who has an ownership interest (including, but not limited to, primary owner or joint owner) in any existing Fifth Third checking or a Fifth Third checking account that closed within the last 13 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. No minimum deposit required to open a checking account.
  • See the forum thread for deal discussion and ideas.

Original Post

Written by paintballer301
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Fifth Third Bank is offering a $375 Cash Bonus when you open an Eligible Checking Account and Make Qualifying Direct Deposits totaling $500 or More within the First 90 days of account Opening.

Thanks to community member paintballer301 for sharing this deal.

Note, only those who live in a state where a Fifth Third Bank Branch is located may open a Checking Account online. Eligible state include Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia

Editor's Notes

Written by slickdewmaster | Staff
  • Review the complete terms and conditions here.
  • Checking Offer:
    • Account(s) must be funded within 90 days of account opening or account may be closed, and you may not be eligible for the bonus. 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 anyone who has an ownership interest (including, but not limited to, primary owner or joint owner) in any existing Fifth Third checking or a Fifth Third checking account that closed within the last 13 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. No minimum deposit required to open a checking account.
  • See the forum thread for deal discussion and ideas.

Original Post

Written by paintballer301

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Top Comments

dragoNav
643 Posts
1365 Reputation
Op not everyone can open account online. It's limited to folks living in states which have fifth third branch

"Fifth Third Bank has branches in only 11 states, including Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee and West Virginia. If you live in one of these states, you can open an account online"
MIAMIGUY305
4619 Posts
1583 Reputation
Here is a list of all the bonuses I've received for 2023. I started in late July and received last bonus in October.

Truist Personal: $400✅
Truist Business: $400✅
Wells Fargo: $325✅
Citizens: $600✅
US Bank Business: $500✅
Ally: $200✅ Total: $3635
Fidelity: $235✅
Chase: $300✅
AMEX $250✅
Plynk: $75✅
Fifth Third $350✅
indelible
1426 Posts
144 Reputation
Try opening an account

170 Comments

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Dec 26, 2023 06:22 PM
6,260 Posts
Joined Dec 2004
CaleoDec 26, 2023 06:22 PM
6,260 Posts
Quote from krazyq :
Will this do a soft or hard pull?
It's a checking account, you're not borrowing any money. It shouldn't be doing a credit check at all.
1
Dec 26, 2023 06:31 PM
101 Posts
Joined Jul 2013
lowdoughDec 26, 2023 06:31 PM
101 Posts
Quote from Caleo :
It's a checking account, you're not borrowing any money. It shouldn't be doing a credit check at all.
My understanding is that it's more of an identity check than a credit check. "Know your customer" laws in the US seem to have prompted these kinds of checks.
Pro
Dec 26, 2023 06:32 PM
1,510 Posts
Joined Dec 2014
Beach__House
Pro
Dec 26, 2023 06:32 PM
1,510 Posts
Quote from Caleo :
It's a checking account, you're not borrowing any money. It shouldn't be doing a credit check at all.
KYC/AML now require this:

Social Security Number
We're required by US federal law to collect your SSN to verify your identity. It is securely stored and never shared with anyone else.
Dec 26, 2023 06:33 PM
467 Posts
Joined Mar 2011
captmeach7Dec 26, 2023 06:33 PM
467 Posts
Quote from Caleo :
It's a checking account, you're not borrowing any money. It shouldn't be doing a credit check at all.
Some banks used to do a pull when they offered you overdraft protection on the account. 5/3 did that to me about a decade ago, but they stopped offering the overdraft protection from what I understand.
Dec 26, 2023 06:44 PM
76 Posts
Joined Mar 2008
ff3636Dec 26, 2023 06:44 PM
76 Posts
Quote from gcretro :
Can both spouses living at the same address apply their own accounts and qualify for this offer? new customers
I'm wondering also.
1
Dec 26, 2023 06:49 PM
81 Posts
Joined Mar 2017
ResQDec 26, 2023 06:49 PM
81 Posts
Quote from RockHardRockCrawler :
Does the direct deposit have to come from a job? Or can I just transfer $500 in?
As per 5/3, A qualifying Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension or government payments (such as Social Security).
Dec 26, 2023 06:52 PM
81 Posts
Joined Mar 2017
ResQDec 26, 2023 06:52 PM
81 Posts
$375 Offer Code: CTFRH3

To qualify for the $375 checking bonus, provide the offer code, open a Fifth Third Momentum® Checking, or Preferred2 checking account by 1/2/2024 and make direct deposits totaling $500 or more within 90 days of account opening. Account(s) must be funded within 90 days of account opening or account may be closed, and you may not be eligible for the bonus. 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 anyone who has an ownership interest (including, but not limited to, primary owner or joint owner) in any existing Fifth Third checking or a Fifth Third checking account that closed within the last 13 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. No minimum deposit required to open a checking account. Bonus is considered income and may be reported on IRS Form 1099-INT, 1099-MISC, or 1042-S, as required by applicable law. UNIQUE OFFER CODE MUST BE PRESENTED AT ACCOUNT OPENING TO RECEIVE THE BONUS. See your banker for details. Not valid with any other offer. Offer availability subject to change.

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Dec 26, 2023 06:54 PM
3,063 Posts
Joined Nov 2005
BrainDocDec 26, 2023 06:54 PM
3,063 Posts
I can't open an account because the drivers license scanning feature doesn't work.

Edit: After about 25 tries, the scanning finally went through.
Last edited by BrainDoc December 26, 2023 at 01:29 PM.
Dec 26, 2023 08:07 PM
7 Posts
Joined Jan 2016
jstunner56Dec 26, 2023 08:07 PM
7 Posts
Quote from BrainDoc :
I can't open an account because the drivers license scanning feature doesn't work.
Scan the barcode on the back of license
Dec 26, 2023 08:21 PM
849 Posts
Joined Nov 2019
jeff44jeffDec 26, 2023 08:21 PM
849 Posts
Quote from RockHardRockCrawler :
Does the direct deposit have to come from a job? Or can I just transfer $500 in?
Not sure about 5/3 BUT I signed up for a similar promo a few months ago thru Truist bank. In their fine print it said transfers or deposits made by the customer didn't count (had to be a job, SSA, ECT.) They also sent me an email after I opened my account the was a reminder to have my Dir deposit setup and active before the 90 day promo ended(the email also listed all the requirements and what deposits counted and what didn't)

Long story short , I wouldn't count on it working without an active direct deposit.
Dec 26, 2023 08:27 PM
3,063 Posts
Joined Nov 2005
BrainDocDec 26, 2023 08:27 PM
3,063 Posts
Quote from jstunner56 :
Scan the barcode on the back of license
It finally went through after about 25 tries using different browsers and different solid color backgrounds (and switching between resolution and which camera on the phone was used).
Dec 26, 2023 09:01 PM
95 Posts
Joined Jul 2006
Pajama_ManDec 26, 2023 09:01 PM
95 Posts
Just want to comment on 5/3 that I personally did not have a good experience with. They sent me two bounced refund checks (from their own bank) which incurred a fee at my other bank. They finally sent me a check that didn't bounce plus the fee refunds. This took months to resolved.
Dec 26, 2023 09:04 PM
4,619 Posts
Joined Feb 2012
MIAMIGUY305Dec 26, 2023 09:04 PM
4,619 Posts
Quote from hpdw :
I had an account I closed 12 months ago, so need to wait another month before I can open a new account for bonus.

"Offer is not available to anyone who has an ownership interest (including, but not limited to, primary owner or joint owner) in any existing Fifth Third checking or a Fifth Third checking account that closed within the last 13 months."
My last account was closed in 12 months I still received the bonus. The bonus is paid within 2 days after meeting the DD requirement.
Dec 26, 2023 09:06 PM
1,003 Posts
Joined Jan 2018
Surfer5Dec 26, 2023 09:06 PM
1,003 Posts
I did this last year or so. Got the funds without any issues. I forgot to close it, so it is still open. Can't open another one I guess. Btw, if anyone has spouse earning(direct deposits) and their employer allow them to split the paycheck. You could use 5/3 details for a portion to get qualified for this. You don't have to earn your own.

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Dec 26, 2023 09:07 PM
4,619 Posts
Joined Feb 2012
MIAMIGUY305Dec 26, 2023 09:07 PM
4,619 Posts
Quote from krazyq :
Will this do a soft or hard pull?
Always a soft pull if you opt out of overdraft protection.

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