How can I get my Fifth Third Bank monthly service fee waived?

You can avoid the monthly fee by maintaining the required balance, setting up direct deposits or enrolling in paperless statements — depending on the account type.

What is the overdraft limit for Fifth Third Bank accounts?

Overdraft fees are $37 for Fifth Third Bank. You can avoid this by enrolling in overdraft protection.

Does Fifth Third Bank refund ATM fees?

Generally, no, but some accounts may qualify for refunds. You can use Fifth Third ATMs or partner ATMS to avoid these fees.

Are there fees for closing a Fifth Third Bank account?

There is no fee for closing your account at Fifth Third Bank.

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Fifth Third Bank Fees: What They Cost and How To Avoid Them

June 18, 2025

5 min Read

Written by Sean Dennison

Edited by Elizabeth Constantineau

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Maintenance fees are never fun to pay, but many banks offer ways around them. Fifth Third Bank fees can be avoided in several ways, such as by maintaining certain account balances or even linking up your checking account with other Fifth Third accounts. Read on to learn more.

Fifth Third Bank Monthly Service Fees

Here’s a breakdown of the monthly service fees for Fifth Third Bank accounts:

Account	Monthly Service Fee
Momentum Checking	$0
Preferred Checking	$25
Student Banking	$0
Military Checking	$0 or $5
Express Banking	$5
ABLE Checking	$2
Momentum Savings	$5
Relationship Money Market	$5
Minor Savings	$5

Fifth Third Bank Checking Account Fees

The Fifth Third Bank monthly checking account fee, which is a service charge, can run you up to $25. But Fifth Third waives this fee for specialized accounts.

Account	Monthly Service Fee	Earns Interest
Momentum Checking	$0	No
Preferred Checking	$25	Yes
Student Banking	$0	No
Military Checking	$0 or $5	No
Express Banking	$5	No
ABLE Checking	$2	Yes

Fifth Third Bank Savings Account Fees

Savings account maintenance fees, which range from $0 to $5 depending on the account, are generally much cheaper than their checking account counterparts. Here are Fifth Third’s savings accounts and corresponding fees:

Account	Monthly Service Fee
Momentum Savings	$5
Relationship Money Market	$5
Minor Savings	$5

You won’t pay more than $5, and both checking and savings accounts have ways to eliminate the monthly fee.

Fifth Third Bank Overdraft Fees

Overdraft fees are supposed to act as deterrents for withdrawing from an account with insufficient funds. But Fifth Third Bank charges a hefty $37 fee for overdrawing your account.

In addition to paying close attention to your account balance, you can avoid this Fifth Third Bank fee by taking advantage of overdraft protection.

Fifth Third will link your bank savings account, credit card or line of credit with your checking account to cover insufficient funds. You will still pay a fee every time overdraft protection funds are used in a transaction, but it’s less than $37.

Other Common Fifth Third Bank Fees

Here are other common Fifth Third Bank fees that you might run into:

Fee	Cost
Out-of-network ATM	-In U.S.: $2 -Outside the U.S.: 3% plus currency conversion fee; additional $5 fee may apply
Overdraft	$37
Incoming wire transfers	$15
Outgoing wire transfers	$25 – $45
Stop payment	$33 per item

Wire transfer charges depend on whether the wire is incoming or outgoing and whether it’s foreign or domestic.

Tips for Minimizing Fifth Third Bank Checking Account Fees

Fifth Third lets customers avoid paying a service fee for its accounts if they meet certain requirements:

Preferred Checking

Reach a combined total of $100,000 in your deposit and investment accounts once per month.

Military Checking

Open a Fifth Third Preferred Checking account to get a $5 discount on the monthly service charge. You will need monthly direct deposits of $500 or more.

ABLE Checking

Have a monthly balance of $250 or more.
Sign up for paperless statements.

Tips for Minimizing Fifth Third Bank Savings Account Fees

Savings account fee waivers work much in the same way as checking account fee waivers, usually relying on account balances or concurrent enrollments. Additionally, Fifth Third Bank offers a range of CD accounts as part of its banking services, providing another saving option for its customers that’s free of monthly fees.

You can get your savings account service fees waived in the following ways:

Momentum Savings

Have a Fifth Third checking account, not including Express Banking.
Have someone under 18 listed as owner of the account.
Maintain a monthly balance of $500 or more.
Enroll in Fifth Third military banking, if applicable.

Relationship Money Market

Have a Fifth Third checking account, not including Express Banking.
Maintain a monthly balance of $500 or more.
Have someone under 18 listed as owner of the account.
Enroll in Fifth Third military banking, if applicable.

Minor Savings

Have someone under 18 listed as owner of the account.

Conclusion

Military members might get the most out of signing up for Fifth Third accounts, as the monthly maintenance fees are waived or discounted for military members. You can also take advantage of Fifth Third’s slightly higher Relationship Savings rate by getting your significant other in on the action. But above all else, you can get the most out of your Fifth Third account by being mindful of your account balance.

Fifth Third Bank Fees: FAQ

Here are the answers to some of the most frequently asked questions about Fifth Third Bank fees and how to avoid them.

How can I get my Fifth Third Bank monthly service fee waived?
- You can avoid the monthly fee by maintaining the required balance, setting up direct deposits or enrolling in paperless statements — depending on the account type.
What is the overdraft limit for Fifth Third Bank accounts?
- Overdraft fees are $37 for Fifth Third Bank. You can avoid this by enrolling in overdraft protection.
Does Fifth Third Bank refund ATM fees?
- Generally, no, but some accounts may qualify for refunds. You can use Fifth Third ATMs or partner ATMS to avoid these fees.
Are there fees for closing a Fifth Third Bank account?
- There is no fee for closing your account at Fifth Third Bank.

More About Fifth Third Bank

Information is accurate as of June 18, 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.