ABLE checking accounts

Q: What expenses qualify as ABLE expenses?

Education, health and wellness, housing, and transportation expenses all qualify as ABLE expenses3. Visit www.irs.gov for the full list of qualified expenses.

Q: Why does my debit card have a notch cut out?

The notch cut on the right side of the debit card assists our visually impaired customers to easily identify the card and helps to ensure their card inserts into ATMs and PIN pads correctly. The notch cut is opposite of the chip and magstripe.

Q: How do I report my card as lost/stolen?

If your card is lost or stolen, please notify us immediately by calling 1-800-782-0279.

Q: Where can I learn more about my card benefits and ABLE checking account?

To learn more about your ABLE Checking Account features and benefits, please call Customer Service at 1-888-516-2375.

Save for future qualified disability expenses without losing access to federal benefits.¹

Man smiling and typing on his I-pad in his house

What are ABLE Accounts?

Achieving a Better Life Experience (ABLE) accounts are state-sponsored savings and investment accounts that help individuals with disabilities and their families save and invest private assets for disability-related expenses. Best of all, using these accounts won’t result in loss of access to federal benefits, such as Supplemental Security Income (SSI), Medicaid, HUD, and SNAP.

ABLE account owners can get a Fifth Third ABLE checking Account through state-sponsored ABLE plans. It’s a flexible way to pay for qualified disability expenses and save money for future expenses.

ABLE Account Benefits

Notched debit card for the visually impaired
No overdraft or non-sufficient funds fees
Balances earn interest²
FDIC insurance up to maximum amount permitted by law
Tax advantages:³
- Pay no taxes on interest earned or withdrawals used for qualified expenses⁴
40,000 fee-free ATMs⁵

Examples of qualified ABLE expenses

Education
Housing
Transportation
Legal fees
Employment training & support

To open a Fifth Third ABLE Checking Account, contact a participating state plan.

No monthly service charge for customers with an average monthly balance of $250 or more during your statement cycle. Otherwise, it’s $2.00 per month.

Receive a secure ABLE debit card

As with any Fifth Third Bank checking account, the ABLE Checking Account comes with a secure, notched debit card.

The notch debit card assists our visually impaired customers to easily identify the card and helps ensure the card is inserted correctly into ATMs and PIN pads.