Best Fifth Third Credit Cards

of July 2024

Best Fifth Third Credit Cards

In This Article

Choosing the right credit card can greatly impact your financial well-being. It’s essential to find one that aligns with your spending habits, goals, and lifestyle.

Whether you’re looking to earn cash back on your everyday purchases, simplify your credit card experience, or build/rebuild your credit history, Fifth Third Bank has a range of credit card options to consider.

This list is carefully curated, so explore the top Fifth Third credit cards, uncovering their benefits and details, enabling you to make a logical decision that enhances your financial well-being and maximizes your rewards potential.

  1. Fifth Third 1.67% Cash/Back Card
  2. Fifth Third 1% Cash/Back Card
  3. Fifth Third Preferred Banking Cash/Back Card
  4. Fifth Third Bank Truly Simple Credit Card
  5. Fifth Third Secured Card

1. Fifth Third 1.67% Cash/Back Card

Fifth Third 1.67% Cash/Back Card

The Fifth Third 1.67% Cash/Back Card is a remarkable rewards card with a competitive 1.67% cash back rate on every purchase you make. Enjoy the simplicity and consistency it offers, as there are no rotating categories or cash-back limits.

Your cash-back rewards never expire, and you can redeem them at your convenience without any minimum requirements. Plus, there’s no annual fee or international transaction fees, making it a cost-effective choice for you, especially if you love to travel. It’s an easy and hassle-free way to earn rewards on your everyday spending.

Pros

  • Offers a high cashback rate of 1.67% on every purchase.
  • Gives the advantage of no changing categories or limits on cash back.
  • Ensures cash back does not expire.
  • Provides freedom from annual fees or international transaction fees.
  • Allows cash back to be redeemed anytime with no minimum amount required.

Cons

  • Offers a cashback rate lower than some other cards with specific bonus categories.
  • May have qualification requirements based on the applicant’s creditworthiness.
  • Annual Fee: $0
  • Redemption: Redemption does not require a minimum amount.
  • Introductory APR: 0% APR for 21 months on purchases and balance transfers
  • Regular APR: After the introductory period, the variable APR will be 15.99%-26.99%
  • Cash Back Rate: Earn unlimited 1.67% cash back on every purchase
  • Cash Back Expiry: Does not expire
  • Redemption: Cashback can be redeemed anytime with no minimum amount required

2. Fifth Third 1% Cash/Back Card

Fifth Third 1% Cash/Back Card

The Fifth Third 1% Cash/Back Card gains attention for a compelling reason– its enticing low introductory APR offer of 0% for 21 months on both purchases and balance transfers. If you have substantial purchases planned or want to consolidate credit card debt, this card is an excellent choice.

Not only that, you enjoy unlimited 1% cash back on all your purchases, and the best part is there’s no annual fee or international transaction fees, making it a cost-effective option for you, especially if you’re a frequent traveler.

The versatility of this card, coupled with the chance to save on interest during the introductory period, makes it an appealing choice for various financial situations.

Pros

  • Provides a low introductory APR of 0% for 21 months on purchases and balance transfers.
  • Gives the advantage of earning unlimited 1% cash back on every purchase.
  • Ensures cash back does not expire.
  • Does not charge an annual fee or international transaction fees.
  • Allows cash back to be redeemed anytime with no minimum amount required.
  • Offers contactless payment for added convenience.

Cons

  • The variable APR after the introductory period may be relatively high for some applicants.
  • Offers a cashback rate lower than some cards with specific bonus categories.
  • Annual Fee: $0
  • Introductory APR: 0% for 21 months on purchases and balance transfers
  • Regular APR: 15.99% to 26.99%
  • Cash Back Rate: 1%
  • Redemption: Does not require a minimum amount.

3. Fifth Third Preferred Banking Cash/Back Card

Fifth Third Preferred Banking Cash/Back Card

If you’re a Fifth Third Preferred Banking client, the Fifth Third Preferred Banking Cash/Back Card is designed exclusively for you. Earn a generous 2% unlimited cash back on all purchases, making it a top-tier rewards card.

Enjoy a hassle-free experience with no rotating categories, cash-back limits, or expiration of rewards. Plus, there’s no annual fee, allowing you to maximize your cash-back benefits without any extra costs.

Pros

  • Exclusive to Fifth Third Preferred Banking clients.
  • Gives the advantage of earning a premium of 2% unlimited cash back on every purchase.
  • Ensures cash back does not expire.
  • Charges no annual fee.

Cons

  • Limits eligibility as it is only available to Fifth Third Preferred Banking clients.
  • Annual Fee: $0
  • Introductory APR: 0% APR for the first 12 billing cycles on balance transfers
  • Regular APR: 20.24% to 29.99% variable APR after the introductory period
  • Cash Back Rate: Unlimited 2% cash back on all purchases
  • Cash Back Expiry: Does not expire
  • Redemption: Does not require a minimum amount.

4. Fifth Third Bank Truly Simple Credit Card

Fifth Third Bank Truly Simple Credit Card

If you’re looking for a credit card that offers simplicity and flexibility, the Fifth Third Bank Truly Simple Credit Card is the perfect fit for you.

With low-interest rates and no annual fee, this card ensures a hassle-free way to manage your finances.

Pros

  • Offers low APR for qualified applicants.
  • Gives an extended introductory 0% APR on balance transfers for up to 18 months.
  • Provides an introductory 0% APR on new purchases for up to 15 months.
  • Charges no annual fee.
  • Includes various credit card perks.
  • Accepts cosigners, improving approval chances.
  • Reports to major credit bureaus.

Cons

  • Does not offer a signup bonus or rewards program.
  • Charges a 3% foreign transaction fee.
  • Doesn’t earn rewards on purchases.
  • Requires a 4% balance transfer fee.
  • Annual Fee: $0
  • Introductory APR:
    • 0% APR on Balance Transfers for up to 18 months
    • 0% APR on New Purchases for up to 15 months
  • Regular APR: 14.24% to 25.24%
  • Cash Back Rate: None (No rewards program)
  • Balance Transfer Fee: 4% (Minimum $5)
  • Foreign Transaction Fee: 3%
  • Credit Score Requirement: Fair or better (Credit score range of 650 to 850)

5. Fifth Third Secured Card

Fifth Third Secured Card

Are you currently focused on building or rebuilding your credit? If so, the Fifth Third Secured Card is the perfect choice for you. By providing a refundable security deposit and practicing responsible credit card use, this card assists you in establishing or improving your credit history.

Pros

  • Helps build or rebuild credit.
  • Requires a refundable security deposit, which becomes your credit limit.
  • Reports to the major credit bureaus, allowing you to demonstrate responsible credit card use.
  • Provides fraud protection and mobile banking access.

Cons

  • Does not offer rewards or cash back.
  • Has a relatively high APR of 28.99% on purchases and balance transfers.
  • Comes with a $24 annual fee.
  • Annual Fee: $24
  • Regular APR: 28.99% Annual Percentage Rate (APR) on Purchases and Balance Transfers
  • Cash Back Rate: None (No rewards program)
  • Security Deposit: A refundable deposit of at least $300 is required to secure the card.
  • Mobile App Security: Allows the card to be temporarily locked and unlocked through the mobile app.
  • Mastercard Benefits: Offers protection against unauthorized purchases (Zero Liability®) and Mastercard ID Theft Protection.

Overview of Best Fifth Third Credit Cards

Fifth Third Bank customizes a range of credit cards to suit different financial needs. The best Fifth Third credit cards include the Fifth Third Cash Rewards Credit Card, Fifth Third TRIO Credit Card, Fifth Third Platinum Credit Card, Fifth Third Bank Truly Simple Credit Card, and Fifth Third Secured Card. These cards provide benefits such as cash-back rewards, balance transfer options, simplicity, and opportunities to build or rebuild credit.

How to Choose the Best Fifth Third Credit Card

To select the best Fifth Third credit card for you, consider your spending habits, financial goals, and credit history. Determine if you prioritize cash-back rewards, balance transfers, low-interest rates, or building credit. Evaluate the card’s fees, introductory offers, and additional benefits to ensure they align with your needs.

Pros & Cons of Best Fifth Third Credit Cards

  • Offer generous rewards: Many Fifth Third credit cards provide competitive cash-back rewards or rewards in specific spending categories, allowing you to earn valuable benefits on your purchases.
  • Give the advantage of no annual fees: Several Fifth Third credit cards come with no annual fees, helping you save money and enjoy the benefits of a credit card without additional costs.
  • Provide enticing introductory offers: Some Fifth Third credit cards present enticing introductory offers, such as 0% APR on balance transfers or welcome bonus offers, giving you a head start in earning rewards or saving on interest charges.
  • Deliver additional perks: Fifth Third credit cards often come with additional benefits like fraud protection, extended warranty protection, and travel assistance, providing you with additional value and peace of mind.
  • Limit rewards in certain areas: Some Fifth Third credit cards have caps on cash-back rewards or specific spending categories, limiting the amount you can earn in those areas.
  • Lack rewards in certain cards: While Fifth Third credit cards offer attractive features, not all cards provide cash back rewards or rewards in specific spending categories, which may be a drawback if rewards are a priority for you.
  • Entail potential fees: Depending on the specific card, you may encounter fees such as balance transfer fees, late payment fees, or foreign transaction fees. It’s important to be aware of these fees and consider them in your decision-making.

What to Watch Out For

When choosing a Fifth Third credit card, watch out for limitations on cash-back rewards in some categories. Additionally, be aware of any balance transfer fees, interest rates after the introductory period, and potential penalty fees for late payments.

Pro Tips

  1. Consider your spending patterns to maximize rewards. Choose a card that aligns with your primary spending categories.
  2. Make timely payments and manage your credit responsibly to optimize your credit score and borrowing potential.
  3. Take advantage of introductory offers, such as 0% APR on balance transfers or welcome bonuses, to save money or earn additional rewards.

Recap

The best Fifth Third credit cards, including the Fifth Third 1.67% Cash/Back Card, Fifth Third 1% Cash/Back Card, Fifth Third Preferred Banking Cash/Back Card, Fifth Third Bank Truly Simple Credit Card, and Fifth Third Secured Card, cater to various financial needs.

Choose a card based on your preferences for cash-back rewards, balance transfers, low-interest rates, or credit building. Be mindful of any limitations, fees, and interest rates associated with each card.

By selecting the right Fifth Third credit card and using it wisely, you can enhance your financial well-being and make the most of your spending.

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