Fifth Third Bank is offering a $200 bonus when you open a personal checking account with a qualifying direct deposit.
Fifth Third Bank has branches in Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, Tennessee, and West Virginia.
In order to open an account, you must live in these states or within a 50 mile radius of a branch.
How To Earn $200 Bonus
You must open a new personal checking account that remains open for 90 days, and an automatic direct deposit of $100 or more must be received within 60 days of account opening.
You can use the MA Code 10387 when opening your account by phone at 1-800-333-7595.
Otherwise, you’ll need to present a coupon code that you received in the mail if you want to open your account in person at a Fifth Third Bank branch.
Check out this Fifth Third Bank Promotional Page for more details about the offer and the checking account requirements.
I’ve been aware of the above promotional page for some time now, but since the fine print indicated that you needed to receive a coupon code via mail, I’ve never posted about it previously.
However, I then saw this promotion posted in this FatWallet Forum with a valid coupon code provided, and here are some important details that have been posted by other users.
1. MA Code 10387 seems to be working by multiple users in different states when calling by telephone, so that should be a valid code.
2. They do a soft pull and use ChexSystems when opening an account, so there is no hard pull.
3. Capital One 360 ACH transfers have worked as a direct deposit for some users in the past.
4. Some regions have reported a $150 bonus instead of $200.
Promotional Terms of Bonus
The checking account must be opened by the date listed on your postcard, but if you didn’t receive a postcard, this date may vary, so your best bet is just to call and try to open an account.
The account must remain open for 90 days, and an automatic direct deposit of $100 or more must be received within 60 days of account opening.
Direct deposit transactions are limited to payroll, Social Security, pension, and government benefits, but as reported above, some users have had luck in the past with bank-to-bank ACH transfers.
Business checking accounts are excluded from this offer.
The MA code on the mail piece must be presented at a banking center or referenced when opening your account by phone to receive the bonus.
The cash bonus will be deposited into your checking account and available within 5 business days after receipt of the first automatic direct deposit of $100 or more.
There is a limit of 1 offer per account per household.
This promotion is not valid with any other offer.
The $200 cash bonus offer is valid for any eligible interest bearing or non-interest bearing checking account.
There is a $50 minimum deposit required to open all accounts.
Review these other Banking Promotions for more new checking account bonuses.
Open a Fifth Third Bank personal checking account to earn up to a $200 bonus today.