[Expired] New Fifth Third Bank $250 Bonus, No Direct Deposit Required

New Fifth Third Bank $250 Bonus

Fifth Third Bank is offering a $250 bonus for new customers who open a checking account. There is no direct deposit requirement. This Fifth Third Bank $250 bonus is available until 4/30/2020.

Offer

To obtain the $250 bonus:

Deposit(s) totaling $500 or more must be received within 45 days of account opening AND
Maintain a $500 minimum balance for 60 days.

No minimum deposit to open a checking account. Bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements. Bonus may be taxable as interest income and reported on IRS Form 1099-INT.

Account must be opened online or in branch. You need to first request your coupon here.

Eligibility

Offer is available to residents in the following states; FL, GA, IL, IN, KY, MI, NC, OH, TN, WV

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.

Fees

Fifth Third Essential Checking® account has a $11 monthly service charge. This charge is reduced to $8 per month with a monthly direct deposit totaling $500 or more or it is completely waived with any of the following:

Maintain a combined monthly average balance of $1,500 across your deposit and investment accounts
Spend at least $500 per month on a Fifth Third credit card
Have any existing Fifth Third personal mortgage, auto loan or line of credit with an outstanding balance
Are a current or former U.S. military member with monthly direct deposits totaling $500 or more
Participate in your employer’s Fifth Third banking benefits program with monthly direct deposits totaling $500 or more
Are a student with a valid student ID
Have a Business Premium or Business Elite Checking account and have completed a relationship consent form.

Guru’s Wrap-Up

This is a pretty good bonus, although we have seen bonuses as high as $500 with a large deposit requirement. For this offer you just need to deposit $500 or more within 45 days and keep that balance in the account for 60 days. That’s it. Worth applying if you are in one of the eligible states.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

Offer Details

Get Coupon
Bonus: $250
Account Type: Essential Checking
Availability: FL, GA, IL, IN, KY, MI, NC, OH, TN, WV
Expiration Date: ~~6/30/18~~ ~~9/30/18~~ ~~3/31/19~~ 4/30/20
Inquiry Type: Soft pull
Credit Card Funding for Opening Deposit: No
Direct Deposit Requirement: No
Monthly Fee: There is an $11 monthly fee that can be waived with a balance of $1,500
Additional Requirements: $500 deposit within 45 days and $500 balance for 60 days
Closing Account Fee: None. Account must remain open for 90 days