Posted by William Charles on April 10, 2017
Bank Account Bonuses

Published on April 10th, 2017 | by William Charles

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[Expired] Fifth Third $200 Checking Bonus [FL, GA, IL, IN, KY, MI, NC, OH, TN, WV]

This offer has now expired and is no longer valid. You can view the best bank promotions here.

Offer Overview

  • Maximum bonus amount: $200 
  • Availability: Only in the following states: FL, GA, IL, IN, KY, MI, MO, NC, OH, TN, WV (may be only for those within a 50-mile radius of a branch).
  • Direct deposit required: Yes, no minimum mentioned; in the past, it’s needed to be $100 minimum. Click here to see what’s been working for the direct deposit requirement.
  • Additional requirements: Three bill-payments
  • Hard/soft pull: Soft
  • Credit card funding: None
  • Monthly fees: $11-$25, waivable
  • Early account termination fee: None listed
  • Expiration Date: April 9th, 2016 July 23rd, 2016 September 30th, 2016 December 31st, 2016 March 31st, 2017 June 30th, 2017 July 31st, 2017

The Offer

Direct link to offer

  • Receive a sign up bonus of $200 when you open an essentials checking account with Fifth Third bank when you complete the following requirements:
    • Pay three bills using Fifth Third’s online bill payment service
    • Direct deposit into the account (no minimum specified, has been $100 in the past)

 

fifth third

The Fine Print

  • Offer not available to existing checking customers or to those with a Fifth Third checking account that has been closed within the last 12 months
  • Bonus offer not available to new Fifth Third Checking customers in St. Louis and Western Pennsylvania
  • Bonus offer available to new consumer checking customers, excluding Basic Checking and Express Banking
  • Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year
  • ssential Checking account must be opened between 6/29/17 and 7/31/17
  • All requirements must be met and qualifying activity must be initiated and post to the account within 90 days of account opening to obtain $200 bonus
  • Bonus will be deposited into your new checking account within 10 business days of completing requirements
  • All bank bonuses are treated as interest and you’re required to pay interest on them

Avoiding Fees

The easiest option for most is to choose the Essential Checking account which has an $11 monthly fee. The fee can be waived by maintaining an average monthly balance of $1,500 or more across your savings and checking accounts.

The fine print indicates that the Military Banking and Student Banking accounts should also work for this bonus.

  • If you are in the military, choose the Military Banking option and you’ll have an additional option for getting the monthly fee waived by receiving $500 in direct deposits each month.
  • If you are a high school or college student age 16+, choose the Student Banking option for no monthly fee at all.

Our Verdict

This offer is almost always available (seems to disappear for a few days/weeks after it expires and then comes back). It’s great that you can open the account online and the bonus requirements are fairly easy to meet. Here’s what I’d do if I lived in the targeted area:

  • Open an essential checking account
  • Add $1,600 via a direct deposit method that has qualified in the past (this will keep the account fee free and also trigger the bonus requirement for direct deposit)
  • Pay three bills (total needs to be under $100 to keep the account fee free, or just add more funds initially and pay bigger bills)
  • Wait for the bonus to post
  • Withdraw funds and close account

Because this bonus is fairly easy to meet and we have lots of data points, I’ll be adding it to our list of the best checking bonuses.

Big thanks to reader, Vijay who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



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im a student but i dont see where it says the student acount will receive the bonus, and also i dont see how to open a student account on the bonus offer page, any help if you dont mind? thanks

Student checking accounts are Essentials checking accounts with fee waived. I opened it today and this is how it’s listed in online banking.

Wait how do you sign up for the student option? Or do you have to go into a branch and show them your student ID? Because I didn’t see that option when I signed up… Or at least I wasn’t pay attention to see if there was a student option.

I applied over the phone and just told them I was a student, and got the account fee waived. No proof necessary.

Wells Fargo ACH counts as a direct deposit. This worked for me.

How does it show? “WEB INITIATED PAYMENT” or “PREARRANGE” or something else? Thx!

Did Wells Fargo charge you $3 for outbound ach xfer?

As usual I can’t open this one.

Not available in my area as there is no branch.

I did the Business Checking $400 bonus with Fifth Third back in November- the account is still open since the bonus hasn’t posted yet. Would I be able to get in on this offer, since that was for Business and this is consumer? Would I have a better chance if I waited until the first bonus posts, I close the account, and only then open this one? Obviously the 12-month rule would still not be met.

This message is for CtownBin. I see you opened a Business Checking $400 bonus deal in November. I have as well and I am still waiting for them to payout! It says they will pay within 10 calendar days of meeting the requirements. Which I thought was strange they advertise it this way considering nothing happens on the weekends. I am within the 10 day window and have not received anything yet. Did you happen to call them? Let me know when you get yours!

do you have an actual business?
i don’t but would like to get the bonus….

What was the date in November of when you opened it? Also…has it gone past the 10 calendar days for you?

Did they make you open a Business Savings along with the checking? They told me this was required and now I am thinking it is not.

Opened an account two weeks ago. Paypal withdrew $100. Made 3 bill pays to credit, each $10. Got the bonus after 2 business days.

What do you mean paypal withdrew $100?
Like an ACH from paypal?

Just opened online, got to the account status page where I saw my account and routing number, but when I clicked “fund account” it said it could not be completed and that I had to go talk to someone in branch. This is rather frustrating, anyone know what might have happened?

Same thing happened to me. Did you find out what the issue was?

What…. I don’t understand why this is not available in Western PA. I have 5/3rd branches littered all over my city. Also, what’s up with the $1600 amount? Is that something from the terms that I just don’t see here other than at the verdict?

Benson Chambers

Fifth Third sold off their branches in Western PA and St Louis to another bank because of how unprofitable they were, essentially those areas are no longer part of Fifth Third’s footprint.

Opened an account on 01/07, did paypal verification and serve verification on 01/11 and paid 3 bills on 01/14.
My $200 bonus was posted on 01/19, viola! No actual DD or ACH, just the trial deposit.

Huh you can still link new bank accounts to Serve?

Anyone who is not able to get past the zip code page because of no branch in area, did you try to use valid zipcode and then try to open account? will that work?

Actually… for bill pay requirement, I would just pay my self 1c, 2c and 3c with checks.

what do you mean 1c, 2c with checks? Does writing a check to yourself count?

There’s an option to send bill payment to another person by sending him a check from the bank on behalf of me. Since it’s a part of the bill pay feature I guess it would be eligible. You would receive those checks in mail and I just deposited them to my account in another bank.

I just opened online and funded but don’t know how to set up Online Banking.

I didn’t want a debit card so didn’t request one.

Do I just need to wait for something to come in the mail? Are they going to send a temporary card that will allow me to set up online banking? Is there any way I can set up my online banking right now or do I have to wait? All I have is my checking account number and routing number

Anyone else deal with the same thing?

Instructions on the login page ask you to use your social to log in.

I tried this and it told me I’m unable to reset my password online. I’m assuming an ATM card is coming in the mail and I’ll have to wait for that.

Having same issue. I am told I will have to go into a branch in order to set up online banking. CSR said I could use SS # for User ID, but that I’d need to go to branch to get password.

I did not request a debit/ATM card, because I didn’t think I’d need it. Now what? Nearest branch is a half hour away. Annoying.

Update: Called again and got a helpful CSR, and I am now able to access my account online. HOWEVER, I still don’t know my checking account number and they will not give it out over the phone. I either need to go to a branch or wait a month for my first statement. Not sure if I will incur fees during this time.

What happens if you open an account in a qualifying state that you live in and then move to a non-qualifying state? This scenario assumes that the bonus has already been received. I’m looking for a valid excuse to close my account in a branch without having greed guilt written all over my face.

is there a limit per household?

ie, can my SO and I sign up for a checking account and both receive the bonus once we meet the requirements?

Did you try? And did your SO receive the bonus? I was just about to try it for mine.

I signed up back in March and got my bonus, then closed my account. My wife signed up in May and just got her first statement after meeting all the requirements and has not gotten the bonus. I signed up online. She signed up in-branch. The banker told her specifically when she was signing up that the bonus was only one per household, but I figured we’d give it a shot anyway. Looks like he was true to his word. She should have received the bonus by now.

did your spouse ever get the bonus?

Opened the account online on 26th with initial funding from CapOne 360. It said, they will make an initial test deposit to the CapOne account and I will get an email with a link to verify the test deposit amounts. They made the test deposits on the same day but I still haven’t got any email.
Called them today and the lady just dont understand why would they make any deposit to another account- said repeatedly she dont see any activity in my 53 account and that she cant see my capone account. Refused to understand anything else. I had to hang up.

So how long did everyone else wait till you got the email to verify the test deposits?

I never received the e-mail either, but when I was opening the account, the last page said to go to https://www.53.com/fundaccount to verify the test deposits, and that worked for me.

Anyone do the $400 bonus for opening a business checking? Having problems with bonus posting.

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