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 nearly 1,500 branches across the Midwest, Southeast, Texas, and California. Basic checking account has no minimum balance requirement and no monthly service 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.
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| Learn More | Learn More | |
Fifth Third Bank | Bank of America | |
|---|---|---|
Personal Checking Account - $300 Bonus - | Bank of America Advantage Banking - Up to $500 Cash Offer | |
Benefits and Features | ||
| Savings | Bank of America Advantage Savings Standard Rate: 0.04% APY | |
| CD | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 3.00% to 3.50% APY. Terms are 3, 7, 13, and 24 months, with a minimum deposit of $5,000. |
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| Checking |
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| Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
| Mobile App | ||
| ATMs | 21,300 Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide | |
| Customer Service |
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| IRA CD | | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| CD | | |
| Checking | | |
| Money Market |  | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | Midwest & Southwest bank with high balance requirements... | |
| Learn More | Learn More | |
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 10/10/2026 based on 45202 zip code. Bank of America: Pricing information from published website as of 10/15/2026 based on 91107 zip code. | ||
Bank of America Advantage Banking - Up to $500 Cash Offer
- The up to $500 cash offer must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 01/31/2027.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits*
into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct
Deposits received in the first 90 days of account opening.
Cash Bonus Total Direct Deposits $100 $2,000 $300 $5,000 $500 $10,000+ - After the Deposit Period ends, and once you satisfy all the requirements, we will attempt to deposit the earned bonus directly into your new eligible personal checking account within sixty (60) days. The new eligible personal checking account must be open and in good standing up to and including the date any earned bonus is paid.
- Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Additional terms and conditions apply. See offer page for more details.
- *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
- 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 Review
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 Review
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 Problems
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 CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
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