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Fifth Third Bank $350 Signup Bonus – Step By Step Guide


Fifth Third Financial institution is at present providing new prospects a $350 signup bonus after opening a brand new account and assembly sure necessities. Right here’s what you’ll want to do to earn your Fifth Third Financial institution signup bonus: 

  1. Open a Fifth Third Momentum Checking or Most well-liked checking account by 9/30/2022 utilizing this hyperlink.
  2. Make qualifying direct deposits of $500 or extra inside 90 days of account opening. 

This supply is restricted to prospects within the following states: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, West Virginia, and South Carolina. Should you don’t reside in a type of states, you gained’t be capable of open an account on-line however you may nonetheless open an account in-branch in case you occur to be visiting a metropolis that has a department (I’ll clarify how this works in additional element later on this put up). 

It is a pretty straightforward financial institution bonus to earn, particularly since there are many information factors displaying what is going to set off the direct deposit requirement. As well as, you may open the Fifth Third Momentum Checking checking account, which comes with no month-to-month charges or minimal stability necessities.

On this put up, we’ll undergo the step-by-step instructions you may observe to earn your Fifth Third Financial institution signup bonus. We’ll additionally have a look at what you are able to do in case you don’t reside in one of many states that Fifth Third Financial institution operates in, in addition to go over what you must do together with your Fifth Third account after incomes your bonus.

Fifth Third Financial institution $350 Signup Bonus – Step By Step Instructions 

Listed below are the step-by-step instructions to earn your $350 Fifth Third Financial institution signup bonus: 

1. Open A Fifth Third Momentum Checking Or Most well-liked Checking Account By 9/30/2022.  The very first thing you’ll have to do is open a Fifth Third Financial institution checking account utilizing a signup bonus hyperlink. Right here’s a hyperlink you should utilize that may qualify you for the $350 signup bonus. 

Once you click on that hyperlink, you’ll find yourself on the signup bonus web page, which supplies you two choices. Should you reside in one of many states talked about firstly of this put up, you may open your account on-line. Should you don’t reside in a type of states otherwise you in any other case can’t open an account on-line, you’ll have to enter your e-mail deal with and go to the department to open your account (Fifth Third Financial institution will e-mail you a proposal code that you just current to the banker once you open your account).

fifth third bank signup bonus

You’ll wish to open the Fifth Third Momentum Checking account, which comes with no month-to-month charges or minimal stability necessities. This may make it straightforward to handle because you gained’t have to fret about avoiding charges. 

This signup bonus is scheduled to finish on 9/30/2022, so be certain to open your account earlier than that date. These bonuses can at all times finish on the discretion of the financial institution, so it’s greatest to open your account as quickly as you’re ready to take action. 

2. Full A Direct Deposit Of $500 Or Extra Inside 90 Days Of Account Opening. When you’ve opened your account utilizing the signup bonus hyperlink or in-branch with the supply code that was emailed to you, the next step is to finish a direct deposit of $500 or extra inside 90 days of account opening. 

Should you can full an actual direct deposit out of your employer, that’ll make sure you meet the necessities. My spouse makes use of Gusto for her payroll, so we’re at all times capable of simply meet direct deposit necessities due to it.

Happily, there are loads of information factors displaying that the majority ACH transfers will set off the direct deposit requirement, so that you don’t have to do an actual payroll direct deposit to set off the bonus. A cursory search on-line exhibits that ACH pushes from most credit score unions appear to set off the direct deposit requirement. ACH pushes from Chase and Wells Fargo have additionally labored. Ally Financial institution may additionally work to set off the direct deposit requirement. You’ll know shortly in case your ACH push labored. Should you don’t see your bonus put up inside every week, attempt once more with a distinct financial institution till it does work.

To make clear, in case you aren’t doing an actual direct deposit, you’ll wish to go to your common checking account web site (or no matter checking account you wish to use to set off the direct deposit requirement), hyperlink Fifth Third Financial institution to that account, then ship $500 or extra from that account to your Fifth Third account.

In case you are nonetheless confused concerning the terminology I’m utilizing right here, I like to recommend testing my put up, The Final Information to Financial institution Account Bonuses. I’m going into loads of element in that put up about tips on how to meet direct deposit necessities with out doing an actual direct deposit. I’d name it required studying for anybody interested by checking account bonuses.

3. Your $350 Bonus Will Put up Inside 10 Enterprise Days. The phrases state that when you open the account and meet the direct deposit requirement, your bonus will put up inside 10 enterprise days. In follow, most individuals see their bonus put up before that – usually inside just a few days. 

Should you’re assembly the direct deposit requirement by way of an ACH push from an exterior financial institution, you’ll know pretty shortly whether or not it labored. Should you don’t see your bonus put up inside every week, then you must attempt doing an ACH push from one other financial institution till it does set off the bonus. 

And keep in mind, in case you aren’t utilizing an actual direct deposit, don’t name the financial institution! You don’t wish to draw eyes to your account in case you aren’t doing an actual direct deposit.

Opening A Fifth Third Financial institution Account If You Stay Out Of State 

One attention-grabbing factor about Fifth Third Financial institution is that in case you don’t reside in a state that they function in, you may nonetheless open an account by going right into a department. 

Which means in case you’re touring to a state that has a Fifth Third Financial institution department, you may go into the department with the emailed supply code and open your account in particular person.  

That is precisely what I did just a few years in the past once I was visiting Chicago. I reside in Minnesota, which doesn’t have a Fifth Third Financial institution department. Chicago, in the meantime, has tons of branches. I emailed myself a proposal code, then walked right into a department in downtown Chicago whereas I used to be there on a visit. I then requested to open an account and used my Minnesota deal with and driver’s license to do it. 

Should you’ve by no means achieved this earlier than, you may get nervous about opening a checking account in a metropolis that you just don’t reside in. You don’t must be nervous although. Do not forget that opening an account is nice for the banker. They’ve quotas they should meet, so that you’re serving to them once you open an account with them. Most financial institution staff gained’t even care that you just don’t reside within the state, but when they do ask, you can also make up any cause that you really want. 

Once I opened my Fifth Third Checking account, I instructed them that I’ve household in Chicago that I go to often and I needed a neighborhood checking account for once I’m visiting. In actuality, I don’t have any household in Chicago. You possibly can say something you need.

All instructed, opening my account in particular person took me about half-hour. That was nicely value my time contemplating what I used to be incomes from the signup bonus.

What To Do With Your Fifth Third Financial institution Account After Incomes Your Bonus 

One query many individuals have after opening a Fifth Third Checking account is what to do with the account after you’ve earned the bonus. Should you like Fifth Third Financial institution and wish to use it as your major checking account, that’s tremendous. The Momentum Checking Account is free and it has a fairly good web site and app. I favor on-line banks like Ally, however in case you like conventional brick-and-mortar banks, you should utilize this one. 

For most individuals although, you’ll in all probability wish to shut the account after incomes your bonus. Since there’s no month-to-month payment or minimal stability requirement, I usually preserve the account open for a minimum of a bit of bit earlier than closing it simply to keep away from angering the financial institution. You possibly can technically shut the account as quickly as you earn your bonus, however I’d advocate retaining your account open for just a few months simply so that you don’t appear to be you opened the account solely for the bonus.

The final time I earned this bonus, I stored my account open for six months earlier than closing it. That’s in all probability extra cautious than essential. Should you wait a month or two, that’ll be tremendous too. 

The rationale you could wish to shut your account as quickly as you may is to be able to reset the clock on when you may open one other Fifth Third Checking account. Particularly, the bonus phrases state the next:

“Provide isn’t accessible to present Fifth Third checking prospects or to these with a Fifth Third Checking account that has been closed inside the final 12 months.” 

Which means you’re eligible to earn one other Fifth Third Checking account bonus 12 months after you shut your account. Relying on the place you reside and the way straightforward it’s to open your account, you must be capable of earn this bonus yearly. 

With respect to closing the account, it’s easy. You possibly can both ship a safe message by way of the web site or name customer support. 

Briefly, wait a minimum of a month or two after incomes your bonus to shut your account. It’ll make issues higher for everybody.

Remaining Ideas 

Fifth Third Financial institution is a standard brick-and-mortar financial institution that often presents a signup bonus for brand new prospects. The great factor is that the Momentum Checking account comes with no month-to-month charges or minimal stability necessities, which makes it a simple checking account to handle. The bonus additionally posts shortly and there are loads of methods to set off the direct deposit requirement with out having to do an actual payroll direct deposit.

Since I reside in a state the place Fifth Third Financial institution doesn’t function in, I can solely get this bonus once I occur to be touring in a spot that has a department. If I lived in one of many states they function in, I’d seize the bonus yearly.

Checking account bonuses are an effective way to generate some additional earnings and in case you’re able to take action, you must make the most of them. Everybody ought to think about studying my Final Information to Financial institution Account Bonuses, which is a good useful resource that may stroll you thru the main issues you must learn about how checking account bonuses work. 



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