Fifth Third Bank Truly Simple Credit Card Review

Fifth Third Bank Truly Simple Credit Card is a credit card issued by Fifth Third Bank. If you're wondering whether Fifth Third Bank Truly Simple Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 15 months, which is longer than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 15 months.
• Competitive APRs. Fifth Third Bank Truly Simple Credit Card has a variable purchase APR that ranges from 13.49% up to 24.49%.
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 4% Balance transfer fee. Fifth Third Bank Truly Simple Credit Card charges a fee of up to 4% on balance transfers. For example, a balance of $1,000 could cost up to $40 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Accepts cosigners. Fifth Third Bank is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, price protection, travel assistance, and fraud protection.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 640.

Fifth Third Bank Truly Simple Credit Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 15 months. 0% APR on new purchases during the first 15 months. No annual fee. Multiple credit card perks. Extended warranty and price protection on purchases. Travel assistance insurance Fifth Third Bank Truly Simple Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Charges a 4% balance transfer fee.

Is there a Fifth Third Bank Truly Simple Credit Card cash back or rewards program?

No, Fifth Third Bank Truly Simple Credit Card does not offer a rewards program.

What are the Fifth Third Bank Truly Simple Credit Card benefits?

Fifth Third Bank Truly Simple Credit Card provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Cellular Telephone Protection
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Fifth Third Bank Truly Simple Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Fifth Third Bank Truly Simple Credit Card has lower than average purchase APRs.

Fifth Third Bank Truly Simple Credit Card has a variable purchase APR that ranges from 13.49% up to 24.49%. The card has a variable balance transfer APR that ranges from 13.49% up to 24.49%. It also has a variable cash advance APR of 26.49% .

What are the fees for Fifth Third Bank Truly Simple Credit Card?

The following fees apply to Fifth Third Bank Truly Simple Credit Card:

Fifth Third Bank Truly Simple Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Late Payment Fee	up to $40

Does Fifth Third Bank Truly Simple Credit Card report your account activity to credit bureaus?

Fifth Third Bank Truly Simple Credit 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 can help improve your credit score.

How to apply for Fifth Third Bank Truly Simple Credit Card

• Visit the Fifth Third Bank Truly Simple Credit 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 you're denied click here to find out why your application may have been rejected and what you can do about it.

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.