Admin Heads up, deal hunters: Fifth Third Bank is paying a $300 bonus when you open a Momentum Checking (or Preferred) account with an offer code and set up direct deposit. Open to residents of OH, IN, KY, MI, NC, FL, GA, TN, SC, WV, and IL.
How you earn it: Generate your unique offer code on Fifth Third’s site first — you must present it at account opening to get the bonus; open a new Momentum Checking or Preferred Checking account by January 4, 2027; receive qualifying payroll or government direct deposits totaling $500 or more within 90 days of opening. The $300 lands in your account within 10 business days of qualifying. Momentum Checking has no monthly service charge.
Who’s it for? Anyone in Fifth Third’s 11-state footprint who can route $500 of direct deposit through a new account within 90 days. That’s a modest bar for $300.
Offer code required — generate it on 53.com before you apply. New customers only (no Fifth Third deposit account ownership in the last 13 months).
Pros and cons
- Pro: $300 with only $500 in direct deposits
- Pro: No monthly service charge on Momentum Checking
- Pro: 90-day window to meet the requirement — plenty of time
- Con: Limited to 11 states
- Con: Bonus is taxable as interest income
Bonus details
Bonus: $300.00 — open to OH, IN, KY, MI, NC, FL, GA, TN, SC, WV, IL — offer ends 2027-01-04. Bonus verified: 2026-10-13T04:30:00Z (UTC). Bank bonuses count as interest income, so you’ll owe taxes on the $300. Terms can change, so confirm the current offer on Fifth Third’s site before you apply.
