Western Alliance Bank vs Fifth Third Bank
Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Fifth Third Bank? Read our comparison chart below.
Western Alliance Bank offers high-yield savings products and CD accounts.
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 Western Alliance Bank with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Western Alliance Bank | Fifth Third Bank | |
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High-Yield Savings Premier - 4.46% APY | Personal Checking Account - $300 Bonus - | |
Benefits and Features | ||
Savings | ||
CD | Up to 4.05%; 3-12 month term CDs. $1 minimum deposit. | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 3.00% to 4.00% APY. Terms are 4, 8, 12, and 24 months, minimum deposit of $5,000. |
Checking |
| |
Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
ATMs | Allpoint® and 7-Eleven® network of ATMs. More than 40,000 fee-free ATMs nationwide. | |
Customer Service |
| |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Fees | ||
Mobile App | ||
Customer Service | ||
Checking | ||
Money Market | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Solid bank that offers high APY savings products with a fully digital experience... | Midwest & Southwest bank with high balance requirements... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 11/07/2024. Fifth Third Bank: Pricing information from published website as of 11/13/2024 based on 45202 zip code. |
High-Yield Savings Premier - 4.46% APY
- No account activity or maintenance fees
- $500 minimum opening deposit
- FDIC insured
High Yield Savings Account - 4.35% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
High-Yield CD Rates - Up to 4.05% APY
- No fees
- $1 minimum deposit
- FDIC insured
Term | CD Rates |
---|---|
3 Month | 4.05% APY |
5 Month | 3.85% APY |
6 Month | 3.75% APY |
9 Month | 3.00% APY |
12 Month | 3.00% APY |
Personal Checking Account - $300 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.
Fifth Third Momentum® Checking - $300 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.
Which is Better: Western Alliance 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 Western Alliance Bank or CIT Bank.
In short: Western Alliance Bank's savings and cd are outstanding. Fifth Third Bank's mobile app and customer service are worth mentioning.