Savings Accounts
Saving money can be difficult. We make it 166.7% simpler with straightforward accounts, helpful tools and knowledgeable bankers that let you dream bigger and better.
Account for your future
You deserve an account that lets you save smarter, and that’s where we come in.
Our Fifth Third Momentum® Savings Account helps you save small amounts of money automatically each month. With a Fifth Third Relationship Money Market Account, you can put your larger balances to work by earning our highest rates.
If you need a more specialized savings account, we have options for you, too! Check out those account details under the chart below.
Our savings accounts
Best for:
- Carrying any size account balance
- Gaining easy access to your funds
- Steady and consistent interest rate returns1
- First time savers
- Daily saving to track toward your goals
Monthly maintenance fee
$0
$0 if you have a Fifth Third Checking Account or have an account balance of $500 or greater. Otherwise, it is $5.
Minimum opening deposit
$0
Best for:
- Carrying a higher account balance
- Gaining easy access to your funds
- Higher interest rate returns from larger account balances
Monthly maintenance fee
$0
$0 if you have a Fifth Third Checking Account or have an account balance of $500 or greater. Otherwise, it is $5.
Best for:
A Certificate of Deposit (CD) account is a low risk, high rate savings account option with fixed rates and term lengths.5
- An excellent way to help your funds grow if you are able to set a certain amount aside for a period of time
- Available with a variety of terms to meet your needs, with the option to choose from standard, promotional, 529 and IRA CDs
Monthly maintenance fee
$0
Other Options
Want to help your kids build healthy financial habits? We offer a Kids Savings Accounts to help you do just that. We can also help ease the burden of paying for higher education (and offer multiple tax advantages) 2 with our 529 Savings Accounts. And, our Health Savings Accounts3,4 allows you to set aside pre-tax money for qualified medical expenses and are available to those with a qualifying high-deductible health plan.
Savings calculators
Our Inflation Calculator determines the future value of your savings account as inflation rises.
Our Personal Savings Calculator will help you determine how long it will take to reach your financial goals.
Break down monthly expenses and discover how much you're really spending every month.
Decide if receiving a lump sum of money is more beneficial than an annuity.
Savings Account FAQ
Additional resources
The Difference Between Savings and a CD
CD vs. savings account: which option should you choose? Here’s what to know about these 2 savings account options.
6 Strategies to Grow Your Savings Account
Build your savings account over time by setting clear goals, automating deposits, and more.
What Is a Money Market Savings Account?
Deposit money, earn higher interest, and withdraw your money with ease.