Fifth Third Bank Money Market Account Review

Fifth Third Bank Money Market Account is offered by Fifth Third Bank, a bank founded in 1858 and based in Cincinnati, OH. Fifth Third Bank Money Market Account is available in 10 states across the USA.

Are money market accounts from Fifth Third Bank federally insured?

Yes, your Fifth Third Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the Fifth Third Bank Money Market Account rates?

Fifth Third Bank Money Market Account offers an APY starting at 0.01% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.

What are the Fifth Third Bank Money Market Account fees?

What is the minimum balance for Fifth Third Bank Money Market Account?

No minimum initial deposit. Fifth Third Bank does not require a minimum initial deposit to open an account.

Monthly maintenance minimum balance of $500. You can avoid the monthly fee if you keep a minimum balance $500.

Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.

What features and perks does Fifth Third Bank Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Fifth Third Bank

• Visit the Fifth Third Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.