Fifth Third Bank vs SunTrust Bank
Fifth Third Bank is a midwest & Southwest bank with high balance requirements. How does it compare to SunTrust Bank? Read our comparison chart below.
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 27 months with a $5,000 minimum opening deposit.
While SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.
Compare Fifth Third Bank with SunTrust Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
 |  | |
Fifth Third Bank | SunTrust Bank | |
|---|---|---|
Personal Checking Account - $225 Bonus - | ||
Benefits and Features | ||
| Savings | 0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates. | |
| CD | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 4.00 - 4.85% APY. Terms are 5 and 10 months, minimum deposit of $5,000. | 0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days. |
| Checking |
| |
| Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained. |
| Customer Service |
| 24/7 Telephone and Automated Customer Service |
| ATMs | Allpoint® and 7-Eleven® network of ATMs. More than 50,000 fee-free ATMs nationwide. | More than 2160 ATMs across 11 southeastern states and Washington DC. |
| IRA CD | Terms ranging from 1 - 10 years. | |
| Locations | 1,300 branches, including 100 Bank Mart® locations across the country | 1400 bank branches across 11 southeastern states and Washington D.C. |
CreditDonkey® Reviews | ||
| ||
| Savings |   |  |
| CD | | |
| Checking | | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Midwest & Southwest bank with high balance requirements... | Southeastern regional bank known for good customer service... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fifth Third Bank: Pricing information from published website as of 5/15/2023 based on 45202 zip code. SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code. | ||
Personal Checking Account - $225 Bonus
Open an eligible Fifth Third Checking account. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.
Which is Better: Fifth Third Bank or SunTrust Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Fifth Third Bank or Chase.
In short: SunTrust Bank's savings is notable.
Articles on Fifth Third Bank
Fifth Third Bank Review
Articles on SunTrust Bank
SunTrust Bank Review
Which Do You Think is Best?
You Might Also Like
