Relay vs Fifth Third Bank
Relay is an one of the best online business banking accounts for large teams. How does it compare to Fifth Third Bank? Read our comparison chart below.
Relay lets you open up to 20 individual business checking accounts and 50 debit cards at no extra charge. There's also free cash deposits and free mailed checks through the app. There's no monthly fee.
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 Relay with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Learn More | |
Relay | Fifth Third Bank | |
|---|---|---|
No-Fee Business Checking - | Fifth Third Business Checking Account™ - | |
Benefits and Features | ||
| Savings | Earn up to 2.68% APY. Earn 0.91% APY on Starter Plan, 1.55% APY on Grow Plan, and 2.68% APY on Scale Plan. | |
| CD | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 2.50% to 3.50% APY. Terms are 10, 14, and 24, minimum deposit of $5,000. | |
| Checking | Up to 20 individual business checking accounts; no monthly fees; no overdraft fees |
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| Monthly Fee | ||
| Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
| APY | ||
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | 2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide | |
| Balance Requirement | ||
| Cash Deposit Fee | $0 for cash deposits at Allpoint ATMs | |
| Customer Service | Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday |
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| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | $5 for domestic; $10 for international | |
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
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| Checking |  |  |
| Fees | | |
| Mobile App |  | |
| Customer Service | | |
| Savings | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | One of the best online business banking accounts for large teams... | Midwest & Southwest bank with high balance requirements... |
| Visit Site | Learn More | |
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 12/14/2025 based on 45202 zip code. | ||
No-Fee Business Checking
- $0 monthly service fee
- $0 minimum opening deposit
- Open up to 20 individual business checking accounts
- Earn up to 2.68% APY with automated savings
- Issue up to 50 Visa® debit cards to your team
25% Discount on Scale Plan
Get Scale Plan for $90/month instead of $120/month. This offer is for a limited time only and may change without notice.
Which is Better: Relay 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 Relay or Novo.
In short: Relay's checking is excellent.
Articles on Relay
Relay Financial Review
Articles on Fifth Third Bank
