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 27 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 | |
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Fifth Third Business Checking Account™ - | Personal Checking Account - $300 Bonus - | |
Benefits and Features | ||
Savings | 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: 2.26% to 4.41% APY. Terms are 3, 7, 13, 24, and 60 months, minimum deposit of $5,000. | Standard Fixed Term CD available online: 2.00% to 2.75% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Relationship APY: 2.01% to 2.76% 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 |
| Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking |
Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
ATMs | 2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide | 11,000+ ATMs across the country |
Customer Service |
| 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 | approximately 4,100 retail banking branches coast to coast | |
CreditDonkey® Reviews | ||
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... | A "big 4" bank with a good range of checking accounts and full services... |
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 12/16/2024 based on 45202 zip code. Wells Fargo: Pricing information from the published website as of 12/21/2024 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.