Fifth Third Momentum^® Savings

There are two easy ways to do this in the Fifth Third mobile app: 

• From your Fifth Third Momentum^® Savings account, tap "Apply to Goals" under "General Savings."
• Or, you can also transfer money into and out of your goals by selecting "New Transfer" within your Fifth Third Momentum^® Savings account

You can turn Smart Savings "on" in our mobile app and set up the details. Smart Savings automatically transfers money from one Fifth Third account to your Fifth Third Momentum^® Savings account. The transfers take place twice a week on Tuesdays and Thursdays. You can set limits and restrictions on how much can be transferred per every week.

While transferred funds are automatically added into your Fifth Third the Momentum^® Savings account, they aren’t directly added to your goals. Your saved funds sit in the General Saving balance and can be applied to goals later on.

Smart Savings can be turned on or off. Turning off this setting stops the transfers from occurring, but all setup details are saved. To begin automatically saving again, simply turn Scheduled Savings back on.

With Smart Savings

• Automatic transfers can be as little as $1 a week.
• Fifth Third will never transfer more than $80 a week, regardless of how much a user asks to be moved.
• Transfers won’t occur if the transaction would take the funding account beyond the threshold you’ve set.
• If you desire to save a specific amount each week, use Scheduled Savings instead.