BMO Bank vs Fifth Third Bank

BMO Bank is a midwest bank with options for low and high-balance customers. How does it compare to Fifth Third Bank? Read our comparison chart below.

BMO Bank has over 900 branches and is the 8th largest bank in North America by assets. Smart Advantage checking has no fee and no minimum balance if you opt for eStatements. Savings need just $100 to open with easy ways to waive fees. Special Rate CDs require a $5,000 minimum opening deposit.

While Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 27 months with a $5,000 minimum opening deposit.

Compare BMO Bank with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Member FDIC	Member FDIC
	Visit Site	Visit Site
	BMO Bank	Fifth Third Bank
	SPECIAL OFFER BMO Checking Accounts - Earn up to $600 - Learn More Read BMO Bank Review	SPECIAL OFFER Personal Checking Account - $325 Bonus - Learn More Read Fifth Third Bank Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.	0.01% APY
CD	0.05% - 4.50% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.	0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 4.20% APY. Terms are 6, 12, and 24 months, minimum deposit of $5,000.
Checking	Smart Advantage, Smart Money, Relationship	Fifth Third Momentum® Checking: No monthly service charge Fifth Third Preferred Checking®: Interest-bearing checking account Fifth Third Student Banking: Personal checking account for students age 13 and up.
Money Market	1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.	0.01% APY Standard Rate (0.01% Relationship Rate)
ATMs	40,000+ BMO and Allpoint ATMs	Allpoint® and 7-Eleven® network of ATMs. More than 40,000 fee-free ATMs nationwide.
Customer Service	Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm	Mon-Fri 8:00 am - 6:00 pm (EST) Sat 10:00 am - 4:00 pm (EST)
IRA CD	0.05% - 2.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit
IRA Money Market	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	981 branches	1,078 branches
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY	Pros: Free Express Checking Free student checking Promo CD with high APY Cons: Higher balance requirements Low savings APY Limited branches
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	Midwest & Southwest bank with high balance requirements... Read full review
	Visit Site	Visit Site
	BMO Checking Accounts - Earn up to $600 BMO Smart Advantage Checking - Earn up to $350 Savings Account - Up to $60 Bonus	Personal Checking Account - $325 Bonus Fifth Third Momentum® Checking - $325 Bonus Fifth Third Business Checking Account™
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO Bank: Pricing information from published website as of 09/06/2024 based on 60603 zip code. Fifth Third Bank: Pricing information from published website as of 07/29/2024 based on 45202 zip code.

Member FDIC

BMO Checking Accounts - Earn up to $600

Earn up to $600 with qualifying activities. Conditions Apply. BMO Bank N.A. Member FDIC

Get either a $250 or $500 cash bonus when you open a new checking account and complete qualifying activities between 9/10/24 and 10/31/24. Plus, get a $100 digital gift card when you meet with a BMO banker to discuss your financial priorities after opening your account online. Combine the cash bonus and the gift card to maximize your rewards.

Get Deal

Expires 10/31/2024

Member FDIC

BMO Smart Advantage Checking - Earn up to $350

Earn up to $350 with qualifying activities. Conditions Apply. BMO Bank N.A. Member FDIC

Earn a $250 cash bonus when you open a new checking account and complete qualifying activities between 9/10/24 and 10/31/24. Plus, get a $100 digital gift card when you meet with a BMO banker to discuss your financial priorities after opening your account online. Combine the cash bonus and the gift card to maximize your rewards.

Get Deal

Expires 10/31/2024

Member FDIC

BMO Relationship Checking

• Up to $25 rebated per statement period on ATM surcharge fees charged by other banks
• $25 monthly fee may be waived if you meet any of the following requirements: minimum daily ledger balance of $10,000 or more for the previous calendar month, monthly combined balance of $25,000 for the previous calendar month, if you have a BMO Investment Services (BIS) account, or if you are a Best of BMO US client.

Learn More

Member FDIC

Personal Checking Account - $325 Bonus

Open an eligible Fifth Third checking account. Make direct deposits totaling $2,000 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Get Deal

Expires 9/30/2024

Member FDIC

Fifth Third Momentum® Checking - $325 Bonus

Open an eligible Fifth Third checking account. Make direct deposits totaling $2,000 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Get Deal

Expires 9/30/2024

Which is Better: BMO Bank or Fifth Third Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing BMO Bank or Chase.

In short: BMO Bank's checking is notable.

Articles on BMO Bank

BMO Bank Review

BMO offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on.

• BMO Bank vs Chase
• BMO Bank vs Bank of America
• BMO Bank vs Capital One

BMO Routing Number

If you have a BMO Bank account, you only need to be aware of one routing number. This number is 071025661. Read on and learn how to use it.

• BMO Bank vs US Bank
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• BMO Bank vs PNC Bank

Is BMO an Ethical Bank

BMO has been recognized as one of the World's Most Ethical Companies for six consecutive years. How did they earn this award? Find out.

BMO Relationship Minimum Balance

Get more perks when you open a BMO Relationship Checking Account. Find out the balance you need to reach to unlock them.

Is BMO a Good Bank

Is BMO a good choice for your banking needs? Find out here.

Is BMO a Safe Bank

Wondering about the security of your funds with BMO Bank? They have a Financial Crimes Unit backing you up, for one. Read on for more details.

What is BMO Bank

BMO Harris is now BMO. But are they a legit bank? Find out if you should bank with them.

BMO Smart Money vs Smart Advantage

BMO's Smart Advantage has $0 monthly fees. Smart Money has no overdraft fees. Which one is a smarter choice? Read on to find out.

Is BMO a Real Bank

BMO, is a U.S bank, part of the Bank of Montreal. It offers solid basic checking options and a large ATM network. But, is it legit? Read on to find out.

Articles on Fifth Third Bank

Fifth Third Bank Review

Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you.

• Fifth Third Bank vs SunTrust Bank
• Fifth Third Bank vs Huntington

Which Do You Think is Best?

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