Fifth Third Cash/Back Card

Fifth Third Cash/Back Card Review

This is a card issued by Fifth Third Bank. If you're wondering whether Fifth Third Cash/Back Card is the right card for you, read on.

Key Takeaways

• 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.
• Turn everyday purchases into unlimited cash back! From grocery runs to gas fill-ups to dining out, whenever you use your Cash/Back card, you get 1.67% cash back.
• 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%.
• 4% Balance transfer fee. Fifth Third 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, identity theft protection, and fraud protection.
• Very good credit required. Applicants will typically need a credit score of at least 750 to have good approval odds.

Pros & Cons of Fifth Third Cash/Back Card

The Good	The Bad
0% APR balance transfer intro rate on balance transfers for up to 12 months. Multiple credit card perks. Offers auto rental collision damage waiver. Identity Theft Protection. No foreign transaction fee. Fifth Third Cash/Back Card reports to multiple credit bureaus.	Higher than average purchase APRs. You need good credit to qualify. Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 4% balance transfer fee.

Fifth Third Cash/Back Card FAQ

Does Fifth Third Cash/Back Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Fifth Third 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 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 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% .

What are the fees for Fifth Third Cash/Back Card?

The following fees apply:

Fifth Third Cash/Back Card Fees

Fees	Amount
Annual Fee
Foreign Transaction Fee	0%
Late Payment Fee	up to $40

Does Fifth Third Cash/Back Card report your account activity to credit bureaus?

Yes, Fifth Third 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 Cash/Back Card

• Visit the Fifth Third 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.