BMO vs Fifth Third Bank

BMO is a midwest bank with options for low and high-balance customers. How does it compare to Fifth Third Bank? Read our comparison chart below.

BMO has over 900 branches and is the 7th largest bank in North America by assets. Smart Advantage checking has no fee and no minimum balance if you opt for eStatements. Savings Builder needs just $25 to open and has $0 monthly fee. Standard and Special CDs require a minimum opening deposit of $1,000.

While Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 24 months with a $5,000 minimum opening deposit.

Compare BMO with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	BMO	Fifth Third Bank
	SPECIAL OFFER Savings Account - Up to $60 Bonus - Learn More Read BMO Review	SPECIAL OFFER Fifth Third Business Checking Account™ - Learn More Read Fifth Third Bank Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.	0.01% APY
CD	0.05% - 2.60% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.	0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 2.00% to 3.00% APY. Terms are 4, 8, 14, and 24, minimum deposit of $5,000.
Checking	Smart Advantage, Smart Money, Relationship	Fifth Third Momentum® Checking: No monthly service charge Fifth Third Preferred Checking®: Interest-bearing checking account Fifth Third Student Banking: Personal checking account for students age 13 and up.
Money Market	Up to 2.30% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.	0.01% APY Standard Rate (0.01% Relationship Rate)
ATMs	40,000+ BMO and Allpoint ATMs	2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide
Customer Service	Monday–Friday, 7 a.m.–11 p.m. (CT), and Saturday–Sunday, 8 a.m.–10 p.m. (CT)	Mon-Fri 8:00 am - 6:00 pm (EST) Sat 10:00 am - 4:00 pm (EST)
IRA CD	0.05% - 1.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit
IRA Money Market	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	900+ branches	1,087 branch locations
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY	Pros: Free Express Checking Free student checking Promo CD with high APY Cons: Higher balance requirements Low savings APY Limited branches
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	Midwest & Southwest bank with high balance requirements... Read full review
	Savings Account - Up to $60 Bonus BMO Alto Online Savings Account - 3.25% APY Business Platinum Money Market - Up to 2.30% APY	Fifth Third Business Checking Account™ Personal Checking Account - $300 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO: Pricing information from published website as of 01/03/2026 based on 60603 zip code. Fifth Third Bank: Pricing information from published website as of 01/18/2026 based on 45202 zip code.

Which is Better: BMO or Fifth Third Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing BMO or Bank of America.

In short: BMO's checking is notable.

Articles on BMO

BMO Review

BMO offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on.

• BMO vs Bank of America
• BMO vs U.S. Bank
• BMO vs Wells Fargo

BMO Routing Number

If you have a BMO account, you only need to be aware of one routing number. This number is 071025661. Read on and learn how to use it.

BMO Checking Account Bonus & Promotions

BMO rolls out enticing checking offers from time to time to attract new customers. Find the latest bonus deals here.

Who Owns BMO

BMO is a publicly-traded company with significant institutional investors. These include several well-known Canadian asset management firms and banks.

Is BMO a Safe Bank

Wondering about the security of your funds with BMO? They have a Financial Crimes Unit backing you up, for one. Read on for more details.

What is BMO

BMO Harris is now BMO. But are they a legit bank? Find out if you should bank with them.

BMO Smart Money vs Smart Advantage

BMO's Smart Advantage has $0 monthly fees. Smart Money has no overdraft fees. Which one is a smarter choice? Read on to find out.

Articles on Fifth Third Bank

Fifth Third Bank Review

Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you.

Which Do You Think is Best?

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