Fifth Third Bank CD Rates for 2025
Written by
Rudri Patel
Edited by
Melanie Grafil
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Fifth Third Bank offers its customers a wide range of accounts, including checking, savings and certificates of deposit. While many of the bank’s CDs offer lower APYs, some promotional CD accounts offer a much higher yield.
Current Fifth Third Bank CD Rates: August 2025
Check out the CD rates for August 2025 and see if you find the right investment for you.
Promotional CD Rates
Fifth Third Bank promo CDs come in terms ranging from three months up to two years. Here are the current rates:
| CD Term | Annual Percentage Yield (APY) | Minimum Deposit |
|---|---|---|
| 4 months | $5,000 | |
| 7 months | $5,000 | |
| 13 months | $5,000 | |
| 24 months | $5,000 |
Short-Term Standard CD Rates
These Fifth Third Bank CDs are best for savers who want quick access to funds.
| Term Range | APY | Minimum Deposit |
|---|---|---|
| 7 to 89 days | $5,000 |
Long-Term Standard CD Rates
Fifth Third Bank also offers long-term standard CDs.
| Term Range | APY | Minimum Deposit |
|---|---|---|
| 3 to 84 months | $500 |
Pros and Cons of Fifth Third Bank CDs
Fifth Third Bank delivers a lot of advantages, but it may not be the best choice for everyone. Here’s a breakdown of both sides:
Pros
- Promotional rates have high APYs
- FDIC-insured up to $250,000
- Some standard CDs have a minimum deposit amount of only $500
Cons
- Early withdrawal penalties
- High minimum opening deposit of $5,000 required for promotional CD
- Standard CDs have low APYs
How Much Can You Earn With a Fifth Third Bank CD?
Here’s a simple example showing estimated earnings with a Fifth Third Bank CD:
| Deposit Amount | Term Length | APY | Estimated Interest Earned* |
|---|---|---|---|
| $5,000 | 3 month Promo | $52.24 | |
| $6,000 | 7 month Promo | $138.85 | |
| $5,000 | 13 month Promo | $203.44 | |
| $7,000 | 24 month Promo | $426.30 |
How To Open a CD With Fifth Third Bank
To open a Fifth Third Bank CD, you will have to visit a branch or call 1-877-579-5353 to speak with a representative. You will have to provide the following information:
- Name
- Address
- Phone number
- Social Security number
You’ll need to fund your CD account immediately with the required minimum amount.
How Fifth Third Bank CD Rates Compare With Other Banks
Fifth Third Bank CD rates are competitive but how do they stack up against other bank rates? Here’s a side-by-side comparison:
| Bank | 1-Year CD Rate | 5-Year CD Rate | Minimum Deposit |
|---|---|---|---|
| Fifth Third Bank | $5,000/$500 | ||
| Sallie Mae | $2,500 | ||
| First Horizon | $1,000 | ||
| Popular Direct | $10,000 | ||
| Ally Bank | $0 | ||
| Capital One* | $0 |
Is a Fifth Third CD Right for You?
Not every CD is one-size-fits-all — here’s who might benefit most from Fifth Third’s offerings.
Ideal For
- Individuals with larger initial deposits
- Residents in the bank’s service areas
- Savers seeking fixed returns
Not Great For
- Customers outside the bank’s geographical area
- People who prefer online banking
- Investors looking for top market rates
Quick Tips for Getting the Best CD Rates
Want to lock in the best return? These tips can help you make the most of your Fifth Third CD.
- Leverage your relationship with the bank: A long-term relationship with Fifth Third Bank or multiple accounts may help you secure a higher CD rate.
- Explore a range of term lengths: Research different banks with CDs and a variety of terms to find the best fit for you.
- Ask about limited-time offers: Check for promotional rates or special offers on CDs. You can look up this information online or ask in person for those offers.
- Build a CD ladder for ongoing access: Use CD laddering as a strategy so that you can have cash on hand when you need it.
Fifth Third Bank CDs: FAQ
Here are the answers to some of the most frequently asked questions about CDs and banking with Fifth Third.- What is the minimum deposit for a Fifth Third Bank CD?
- For promotional CDs and short-term CDs, the minimum deposit is $5,000. For long-term standard CDs, the minimum deposit is $500.
- Do I need a Fifth Third Bank account to open a CD?
- No, you can open a CD without a Fifth Third Bank account.
- Can I open a CD online?
- No, you must open a CD in person at a branch.
- What happens if I withdraw funds before the term ends?
- If you withdraw from your CD before the term ends, expect to pay a penalty. The penalty amount depends on when in the term you decide to withdraw funds.
- Are Fifth Third CD rates competitive in 2025?
- Promotional rates are competitive and range from 3.00% to 4.27% APY. Standard CD rates are not competitive.
Mary Green contributed to the reporting for this article.
*Capital One interest rates accurate as of Aug. 5, 2025. See website for all current rates.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Aug. 5, 2025.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.
- FDIC. 2025. "National Rates and Rate Caps."
