Fifth Third Bank vs Wells Fargo

Fifth Third Bank is a midwest & Southwest bank with high balance requirements. How does it compare to Wells Fargo? 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 60 months with a $5,000 minimum opening deposit.

While Wells Fargo is one of America's largest banks with approximately 4,100 locations and more than 11,000 ATMs. Offers many checking options, including Everyday Checking and Clear Access Banking for those who have financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

Compare Fifth Third Bank with Wells Fargo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Fifth Third Bank	Wells Fargo
	Member FDIC	Member FDIC
	Learn More	Learn More
	SPECIAL OFFER Fifth Third Business Checking Account™ - Learn More Read Fifth Third Bank Review	SPECIAL OFFER Personal Checking Account - $125 Bonus Read Wells Fargo Review
	Benefits and Features
Savings	0.01% APY	0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, make 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account, make 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account, make 1 or more Save As You Go® transfers from a linked Wells Fargo checking account, or primary account owner is 24 years old or under.
CD	0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 2.25% to 3.60% APY. Terms are 6,12, 24, and 60 months, minimum deposit of $5,000.	Standard Fixed Term CD available online: 2.00% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Relationship APY: 2.01% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD. More CD terms are available in branch.
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.	Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking
Money Market	0.01% APY Standard Rate (0.01% Relationship Rate)
Mobile App		iOS & Android
ATMs	2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide	11,000+ ATMs across the country
Customer Service	Mon-Fri 8:00 am - 6:00 pm (EST) Sat 10:00 am - 4:00 pm (EST)	Available 24 hours a day, 7 days a week.
IRA CD		Standard Term CD: 0.01% to 2.75% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Relationship APY: 0.02% to 2.76% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD.
Locations	1,087 branch locations	approximately 4,100 retail banking branches coast to coast
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Free Express Checking Free student checking Promo CD with high APY Cons: Higher balance requirements Low savings APY Limited branches	Pros: Low requirements for Everyday Checking Full service bank 24/7 customer service Cons: Low savings rates Not in all states
Bottom Line	Midwest & Southwest bank with high balance requirements... Read full review	A "big 4" bank with a good range of checking accounts and full services... Read full review
	Learn More	Learn More
	Fifth Third Business Checking Account™ Personal Checking Account - $350 Bonus
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 01/31/2025 based on 45202 zip code. Wells Fargo: Pricing information from the published website as of 04/17/2025 is based on the 91101 zip code.

Which is Better: Fifth Third Bank or Wells Fargo?

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.

In short: Wells Fargo's checking is worth mentioning.

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 Wells Fargo

Wells Fargo Bank Review

Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options.