Fifth Third Bank vs Bank of America
Fifth Third Bank is a midwest & Southwest bank with high balance requirements. How does it compare to Bank of America? Read our comparison chart below.
Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 24 months with a $5,000 minimum opening deposit.
While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare Fifth Third Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.
| | Member FDIC |  Member FDIC |
| | Learn More | Learn More |
| SPECIAL OFFER Fifth Third Business Checking Account™ - Learn MoreRead Fifth Third Bank Review | OFFER Bank of America Advantage Plus Banking® - Up to $500 Bonus OfferRead Bank of America Review |
|---|
| | Benefits and Features |
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| Savings | 0.01% APY | Bank of America Advantage Savings Standard Rate: 0.01% APY |
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| CD | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 2.75% to 3.40% APY. Terms are 3, 7, 13, and 24, with a minimum deposit of $5,000. | - 7-Month CD - 3.51% APY
- 10-Month CD - 2.95% APY
- 13-Month CD - 2.00% APY
- 25-Month CD - 1.75% APY
- 37-Month CD - 0.11% APY
- 1-Month CD - 0.03% APY
- 120-Month CD - 0.03% APY
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| Checking |
- Fifth Third Momentum® Checking: No monthly service charge
- Fifth Third Preferred Checking®: Interest-bearing checking account
- Fifth Third Student Banking: Personal checking account for students age 13 and up.
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| Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
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| Mobile App | | iOS & Android |
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| ATMs | 2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide | Approximately 15,000+ ATMs |
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| Customer Service |
- Mon-Fri 8:00 am - 6:00 pm (EST)
- Sat 10:00 am - 4:00 pm (EST)
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- Monday -Friday: 8AM - 9PM ET
- Saturday: 9AM - 6PM ET
- Sunday: 8AM - 5PM ET
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| IRA CD | |  |
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| Locations | 1,087 branch locations | 3,700 financial centers |
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| | CreditDonkey® Reviews |
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| | |  |
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| Savings |      | |
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| CD |      | |
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| Checking |      | |
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| Money Market |      | |
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| Mobile App |      | |
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| Customer Service |      | |
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| Pros & Cons | Pros:- Free Express Checking
- Free student checking
- Promo CD with high APY
Cons:- Higher balance requirements
- Low savings APY
- Limited branches
| |
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| Bottom Line | Midwest & Southwest bank with high balance requirements... Read full review | Read full review |
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| | Learn More | Learn More |
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| Fifth Third Business Checking Account™ | |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fifth Third Bank: Pricing information from published website as of 06/16/2026 based on 45202 zip code. Bank of America: Pricing information from published website as of 06/30/2026 based on 91107 zip code. |

Member FDIC
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.

Member FDIC
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.

Member FDIC
- New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Which is Better: Fifth Third Bank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Fifth Third Bank or Chase.
Articles on Fifth Third Bank
Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you.
Articles on Bank of America
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Find your Bank of America routing number and learn about money transfers in our guide.
Which Bank Account is Right for You?
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