Fifth Third Bank Bonus: $200 Personal Checking Account Offer – 1/7/2024

Earn a $200 bonus for a new personal checking account with this offer from Fifth Third Bank. Full details below!

Fifth Third Bank was established in 1865 and is headquartered in Cincinnati, Ohio. They have grown to over 1,200 locations and have offices in the following states: FL, GA, IL, IN, KY, MI,NC, OH, PA, TN, and WV.

• Update 10/2/2023: The bonus offer increased from $150 to $200 and extended through 1/7/2024.
• Update 8/21/2023: $150 promotion has ended.
• Update 8/1/2023: Promotion has been reduced to a $150 welcome bonus.
• Update 7/3/2023: $225 promotion has been extended through 9/30/2023.
• Update 6/6/2023: Offer has decreased to $225.
• Update 4/10/2023: Offer has extended to 6/30/2023 and decreased to $275.
• Update 12/21/2022: Offer has been extended to 3/31/23 and increased from $250 to $325.

How To Earn The Bonus

Open a new checking account and set up direct deposit to earn this bonus from Fifth Third Bank.

Here are the details:

• Get your offer code from the promotional page following the link below. Your $200 offer code will be automatically applied when you click “Open an Account” or enter your email address.
• Open a new checking account by the expiration date.
• Make direct deposits totaling $500 or more within 90 days of account opening.

Waive The Monthly Fee

First Third Momentum® Checking:

This checking account has no monthly service fees

Fifth Third Preferred Checking®:

• 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.
• Otherwise, it’s $25 per month.

READ MORE: GET TOP BONUSES FROM CHASE, AXOS, BANK OF AMERICA, TD BANK AND BMO BANK.

Fine Print

• To qualify for the $200 checking bonus:
  • Provide the offer code
  • Open a Fifth Third Momentum® Checking or Preferred checking account
  • Make direct deposits totaling $500 or more within 90 days of account opening
• Account(s) must be funded within 45 days of account opening or account may be closed,and you may not be eligible for the bonus.
• The $200 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.
• Your checking account must be open and in good standing to receive the cash bonus.
• The offer is not available to existing Fifth Third checking customers or those with a Fifth Third Checking account that has been closed within the last 13 months.
• The 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 is required to open a checking account.
• The bonus may be taxable as interest income and reported on IRS Form 1099-INT. Consult your tax advisor.
• A unique offer code must be presented at account opening to receive the bonus.
• See your banker for details.
• The offer is not valid with any other offer.
• Offer availability is subject to change.

READ MORE: GET THIS $200 PROMOTION FROM CHASE BEFORE IT’S GONE

Account Features

Fifth Third Momentum® Checking

Here are the key features of the Fifth Third Momentum® Checking account:

Account Details:

• Fifth Third Bank’s featured, most popular checking account
• No monthly service charge, it’s a free checking account
• No minimum balance required
• No minimum deposit to open your account
• Fifth Third Extra Time® allows additional time to make a deposit and avoid over-draft fees (until midnight ET the next business day)
• No Overdraft Protection transfer fee

Key Benefits:

• Unlimited check writing
• 24/7 mobile and online banking
• Early Pay feature allows you to receive your paycheck up to two days early without a fee¹
• MyAdvance® offers a cash advance on your next qualified deposit²
• Extra Time® helps you avoid overdraft fees³

Fifth Third Preferred Checking®

Here are the key features of the Fifth Third Preferred Checking® account:

Account Details:

• 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;
• Otherwise, it’s $25 per month.

Key Benefits:

• Unlimited check writing
• Secondary checking account
• Better loan rates
• Complimentary Fifth Third Identity Alert®⁴
• Online bill pay
• Interest checking
• No ATM fees in the U.S. (Limit 10 per month)
• Complimentary Fifth Third Exclusive personal checks
• Exclusive rates on Fifth Third loans
• 24/7 dedicated customer service line
• Complimentary checks, notary services, money orders, and cashier’s checks
• Complimentary 3 x 5 safe deposit box or discount on larger size
• Conveniently manage your account online

READ MORE: GET THIS WELCOME BONUS FROM BANK OF AMERICA WHILE IT LASTS

Bottom Line

These personal checking offers from Fifth Third are always quite popular.

This one provides a $200 bonus to new customers who open a Fifth Third Momentum® Checking or Preferred checking account, and make qualifying direct deposits within 90 days of account opening.

The account must be funded within 45 days of opening, remain in good standing, and the user must not have closed a Fifth Third Checking account in the last 13 months.

As usual, the bonus may be considered taxable interest income.

See more from Fifth Third:

• Fifth Third Bank $500 Business Checking Bonus [FL, IN, NC, TN, GA, KY, OH, WV, IL, MI, SC] – Ends 9/8/23
• TRIO Credit Card by Fifth Third Bank $100 Bonus Cash

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

Deposit and credit products by Fifth Third Bank, National Association. Member FDIC. 

¹ Early Pay is available for Fifth Third Momentum® Checking accounts only. Early Pay grants you access to your eligible direct deposit payments up to  two days prior to the scheduled payment date. Early access to funds is dependent on submission of direct deposit by payer and standard fraud  prevention restrictions. 

² Fifth Third MyAdvance® is an expensive form of credit. We may be able to offer other options that are less expensive and more appropriate for your  needs. MyAdvance is a short-term form of credit that allows eligible Fifth Third personal checking customers to take an advance on their next qualified direct deposit. The monthly credit limit calculation for a MyAdvance line of credit opened 90 days or less is based upon qualified direct deposits from  the previous 35-day period. The monthly credit limit calculation for MyAdvance line of credit opened 91 days or more is based upon whichever amount  is lowest; The total amount of qualified direct deposits during the previous 35-day period or the average amount of all qualified direct deposits made to  the associated account during the past three (3) months. The minimum credit limit amount is $50 and the maximum is $1,000. Your Limit may change if  your direct deposit activity changes. A 5% cash advance fee will be assessed for each advance during the first 18 months after enrollment and 3%  cash advance fee for each advance after the first 18 months after enrollment. Additional terms and conditions apply. 

Fifth Third MyAdvance® is an expensive form of credit and should only be used in situations where you need funds quickly and you do not have  access to less expensive forms of credit. 

³ 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. 

A Returned Item is a check that has been returned to a depositor because it could not be processed against the check originator’s account. Deposited  items can be returned for many reasons, such as insufficient or unavailable funds, stop payment, closed account, questionable or missing signature,  etc. 

⁴ The benefits in Fifth Third Identity Alert® are provided by Fifth Third’s vendor, Trilegiant. They are optional and not FDIC insured.