TD Bank vs Fifth Third Bank
TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Fifth Third Bank? Read our comparison chart below.
TD Bank has over 1,100 locations on the East Coast. Known as "America's most convenient bank," it offers extended banking hours and 24/7 customer service by phone. Monthly service fees can be waived with somewhat low minimum balance requirements.
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 27 months with a $5,000 minimum opening deposit.
Compare TD Bank with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Learn More | Visit Site | |
TD Bank | Fifth Third Bank | |
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TD $300 Beyond Checking Bonus - | Personal Checking Account - $200 Bonus - | |
Benefits and Features | ||
Savings | 0.02% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account or if you're under 18 or 62 and older. | |
CD | 1.00% APY (up to 5.00% for Bump Rate APY). Terms of 6 to 18 months. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account). | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 3.50% - 5.20% APY. Terms are 5, 7, 12, and 24 months, minimum deposit of $5,000. |
Checking | TD Complete Checking, TD Beyond Checking, TD Essential Banking |
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Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
Mobile App | ||
ATMs | 2,600 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida | Allpoint® and 7-Eleven® network of ATMs. More than 50,000 fee-free ATMs nationwide. |
Customer Service | 24/7 Live Customer Service (Telephone) |
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IRA CD | 1.00% APY (up to 5.00% for Bump Rate APY). Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account). | |
Locations | 1,300 branches, including 100 Bank Mart® locations across the country | |
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Checking | ||
Money Market | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
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Bottom Line | East Coast bank with relatively low minimum balance requirements... | Midwest & Southwest bank with high balance requirements... |
Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Bank: Pricing information from published website as of 03/15/2024 based on 08034 zip code. Fifth Third Bank: Pricing information from published website as of 04/09/2024 based on 45202 zip code. |
Personal Checking Account - $200 Bonus
Open an eligible Fifth Third checking account. Make 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.
Fifth Third Momentum® Checking - $200 Bonus
Open an eligible Fifth Third checking account. Make 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: TD Bank 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 TD Bank or Chase.
In short: TD Bank's checking and customer service are worth mentioning. In particular, the customer service is outstanding.