ABLE Checking Accounts
What are ABLE Accounts?
Achieving a Better Life Experience (ABLE) Accounts are state-sponsored savings and investment accounts the 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. 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.
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 on withdrawals used for qualified expenses4
- Nationwide network of fee-free ATMs5
Examples of qualified ABLE expenses
Qualified ABLE expenses include, but are not limited to:3,6
- Education
- Health and Wellness
- Housing
- Transportation
- Legal fees
- Employment training and support, and more
Contact a participating state plan to open a Fifth Third ABLE Checking Account.
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 notched 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.
How do I make a transaction with a notch debit card?
Making a transaction at a terminal is easy:
Identify notch card
Select the card in your
wallet with the notch cut out
to make your transaction.
Insert your card
Turn the card so that the notch
is toward you and insert the
opposite end of the card in the
chip card reader or ATM.
Provide PIN as prompted.
Or, swipe your card
If the terminal doesn't accept
the chip, turn the card with the
notch facing away from you to
swipe the magnetic strip
on the back of your card.
ABLE Debit Card FAQs
Current Interest Rates for the ABLE Checking Account
The below rates are effective as of 11/04/2025
| Balance | Interest Rate | APY2 |
|---|---|---|
|
$0.01 - $9,999 |
0.01% |
0.01% |
|
$10,000 - $24,999 |
0.01% |
0.01% |
|
$25,000 - $49,999 |
0.01% |
0.01% |
|
$50,000 - over |
0.01% |
0.01% |
Where Does Fifth Third Offer ABLE Checking?
Fifth Third is proud to offer ABLE Checking as part of these state plans:
For questions specific to the Fifth Third Bank ABLE Checking option, call 1-888-516-2375, Monday–Friday, 8 a.m.- 6 p.m.; Saturday 10 a.m.-4 p.m. EST.
For more information on the National ABLE Alliance Program, visit savewithable.com.
Accessing STABLE Plan Support
Fifth Third also supports Ohio’s STABLE plan through a savings option and custodianship of plan assets.
Additional Resources
5 Benefits of Having a Checking Account
Checking accounts allow you to conduct many types of everyday transactions, both in person and online. Using your checking account, you can deposit money, transfer funds to other accounts (both yours or other people’s), withdraw cash, and write checks.
Questions to Ask When Opening a Checking Account
Here are questions to ask your banking representative about checking account fees, minimum balance, and mobile apps.