
Fifth Third Preferred Cash/Back Card
Would you recommend Fifth Third Preferred Cash/Back Card to your friends?
Community Rating |
Rating not yet determined |
Purchase APR (Variable APR) |
17.74% - 27.74% (Verified 08/22/2022) |
Balance Transfer APR (Variable APR) |
17.74% - 27.74% (Verified 08/22/2022) |
Credit Score Range | 650 - 850 |
Annual Fee | $0 |
Fifth Third Preferred Cash/Back Card Review
This is a cashback card issued by Fifth Third Bank. If you're wondering whether Fifth Third Preferred Cash/Back Card is the right card for you, read on.
Key Takeaways
- Generous reward rate. You can get a maximum cashback rewards rate of up to 3x.
- 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
- Signup bonus. Offers a signup bonus of up to $350 if you spend $3000 within 3 months.
- High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.74% up to 27.74%.
- No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
- 4% Balance transfer fee. Fifth Third Preferred Cash/Back Card charges a fee of 4% on balance transfers. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $5.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, identity theft protection, and fraud protection.
- Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Fifth Third Preferred Cash/Back Card
The Good | The Bad |
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Fifth Third Preferred Cash/Back Card FAQ
Does Fifth Third Preferred Cash/Back Card have a cash back or rewards program?
No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 3% for purchases in a bonus category.
What are the Fifth Third Preferred Cash/Back Card benefits?
It provides the following benefits:
- Auto Rental Collision Damage Waiver
- Zero fraud liability
- Cell Phone Protection
- Reports to major credit bureaus
What are the relevant APRs for Fifth Third Preferred Cash/Back Card?
According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.Fifth Third Preferred Cash/Back Card has a variable purchase APR that ranges from 17.74% up to 27.74%. The card has a variable balance transfer APR that ranges from 17.74% up to 27.74%. It also has a variable cash advance APR of 27.24% .
Does Fifth Third Preferred Cash/Back Card have an intro APR offer on balance transfers?
Yes, it offers an intro APR rate on balance transfers of 0% for a period of up to 12 months.
Description | |
---|---|
Balance Transfer Introductory APR | 0% |
Balance Transfer Intro APR Period | 12 months |
Balance Transfer APR | 17.74% - 27.74% |
Balance Transfer Fee Minimum | $5 |
Balance Transfer Fee % | 4% |
Does Fifth Third Preferred Cash/Back Card have an intro APR offer on new purchases?
This card does not offer an intro APR rate on new purchases.What are the fees for Fifth Third Preferred Cash/Back Card?
The following fees apply:
Fees | Amount |
---|---|
Annual Fee | $0 |
Foreign Transaction Fee | 0% |
Late Payment Fee | up to $40 |
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.
Does Fifth Third Preferred Cash/Back Card have a foreign transaction fee?
This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.What is the customer service phone number for Fifth Third Preferred Cash/Back Card?
The Fifth Third Preferred Cash/Back Card customer service number is (866) 671-5353.
What is the support contact email for Fifth Third Preferred Cash/Back Card?
The support contact email for Fifth Third Preferred Cash/Back Card is info@53.com.
What is the Fifth Third Preferred Cash/Back Card login page?
You can access the Fifth Third Preferred Cash/Back Card login page here.
How do people rate the customer service and user experience of Fifth Third Preferred Cash/Back Card?
We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.
Does Fifth Third Preferred Cash/Back Card report your account activity to credit bureaus?
Yes, Fifth Third Preferred Cash/Back Card reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for Fifth Third Preferred Cash/Back Card
- Visit the Fifth Third Preferred Cash/Back Card website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
38 Fountain Square Plaza
Cincinnati, OH 45263 USA - (866) 671-5353
- Visit Site
- Email Support
Other Services by Fifth Third Bank
Other Credit Cards by Fifth Third Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Cash Advance Fee Minimum | $10 |
Cash Advance Fee (%) | Up to 5% |
Minimum Cash Advance Fee ($) | Starting at $10 |
Foreign Currency Transaction Fee | 0% |
No Annual Fee | |
No Foreign Transaction Fee | |
Annual Fee | $0 |
Minimum Interest Charge | $1.50 |
No Interest Grace Period for Late Payment | 23 days |
Late Fee Amount | Up to $40 |
Fifth Third Preferred Cash/Back Card Community Reviews
Would you recommend Fifth Third Preferred Cash/Back Card to your friends?
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