Banking » Compare Banks » Fifth Third Bank vs. Huntington Bank: Which Bank Account Is Better?
Advertiser Disclosure This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval. This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor. While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.

Fifth Third Bank vs. Huntington Bank: Which Bank Account Is Better?

Huntington and Fifth Third Bank provide various banking services, and figuring out which is best can be tricky. Here's our comparison
Author: Baruch Mann (Silvermann)
Baruch Mann (Silvermann)

Writer, Contributor

Experience

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Interest Rates Last Update: June 3, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Baruch Mann (Silvermann)
Baruch Mann (Silvermann)

Writer, Contributor

Experience

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Interest Rates Last Update: June 3, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Huntington Bank and Fifth Third Bank provide various banking services, and figuring out which one suits your needs can be tricky.

This article will help you compare their savings accounts, checking accounts, CDs, credit cards, and lending products.

Checking Accounts

When it comes to checking accounts, there is no clear winner, as both Huntington and Fifth Third offer a variety of bank account options, including free checking accounts.

Fifth Third has special accounts for disabilities, kids, military, and other special situations.

Fifth Third offers various checking accounts for many purposes, such as accounts for students and kids, military families, and individuals with disabilities.

There is a free checking account but also premium accounts with higher monthly fees and more benefits. The monthly fees can be waived in many ways such as carrying over $100,00 in your total balance.

Fifth Third Bank Account
Monthly Fee
Average Day Balance To Waive
Fifth Third Momentum® Checking
$0
N/A
Fifth Third Preferred Checking
$25
$100,000
Fifth Third Student Checking Account
$0
N/A
Fifth Third Express Banking
$0
N/A
Fifth Third ABLE Checking
$2
$250
Fifth Third Military Checking
$0
N/A

Huntington Bank's checking accounts include Asterisk-Free Checking, which is a no-frills account with no monthly fees. 

The Huntington Platinum Perks Checking and Huntington Perks Checking accounts offer tiered interest rates and various perks, but carry monthly maintenance fees (that can be waived in a couple of ways).

Huntington Account
Monthly Fee
Average Day Balance To Waive
Huntington Asterisk-Free
$0
N/A
Huntington Perks Checking
$10
$5,000
Huntington Platinum Perks
$25
$25,000
Huntington SmartInvest
$0
$100,000
Perks Checking Huntington Bank
Perks Checking Huntington Bank (Screenshot from Huntington Bank)

Huntington Bank offers a range of perks across its checking accounts, enhancing the overall banking experience for customers. For the Platinum Perks account, these include discounts on mortgages and home equity loans, identity monitoring services add an extra layer of security and unlimited free checks, and waived ATMs fees contribute to cost savings.

Additional perks of all accounts encompass modern banking conveniences such as Zelle for easy money transfers, Early Pay for quicker access to funds, and comprehensive online and mobile banking services.

Huntington Account
Main Features
Huntington Platinum Perks
Mortgage discounts, unlimited free checks and ATMs fees
Huntington Perks Checking
5 free non-Huntington withdrawals, interest bearing, Relationship rates
Asterisk-Free Checking
Zelle, Early Pay, mobile banking, $50 Safety Zone and 24-Hour Grace
Huntington SmartInvest
Credit Score & Identity Monitoring, speical rates, investing, unlimited free checks and ATMs fees
Huntington Bank checking features
Huntington Bank checking features (Screenshot from Huntington Bank)

Fifth Third Bank's checking accounts offer a range of benefits designed to cater to various financial needs. The basic accounts provide customers with unlimited check writing, round-the-clock access to mobile and online banking, Early Pay options for quicker access to paycheck and more.

For those opting for premium checking, the advantages extend to better loan rates and the added security of Fifth Third Identity Alert.

Fifth Third Bank Account
Main Features
Fifth Third Momentum Checking
Unlimited check writing, 24/7 mobile and online banking, Early Pay
Fifth Third Preferred Checking
Better loan rates, Fifth Third Identity Alert
Fifth Third Student Checking
Debit card, unlimited check writing, online bill pay
Fifth Third Express Banking
Check cashing and deposits, tools to build credit, Debit Card.
Fifth Third ABLE Checking
Debit card, unlimited check writing, no overdraft or non-sufficient funds fees
Fifth Third Military Checking
Special VA home loan rates, 10 free non-Fifth Third ATM transactions per month

Savings Accounts

Huntington Bank is our winner when it comes to savings accounts. While both banks offer low savings rates, their money market account can earn you a decent yield.

Both U.S. Bank and Huntington Bank provides a savings account, but the rate is very low. Yet, the Relationship Money Market Account from Huntington stands out, offering a more attractive interest rate along with various perks (MMA is not available through U.S. Bank).

Customers can earn at least Up to 4.49% APY on balances exceeding $25,000, and they receive special relationship rates if they have a Perks Checking or Platinum Perks Checking account.

Fifth Third also offers a money market account, but the rates are low, similar to its savings account.

Huntington Bank Savings
Huntington Money Market
Fifth Third Savings
Savings Rate
0.01% – 0.06%
Up to 4.49%
0.01%
Minimum Deposit
$0
$25,000
$0
Fees
$10 Can be waived if you also have a qualifying checking account or maintain a minimum balance of $2,500
$25 Can be waived if you also have a qualifying checking account or maintain a minimum balance of $25,000
$5 The monthly service charge for Fifth Third savings accounts is waived if you meet any of the following criteria: having a Fifth Third checking account, having all savings account owners listed on the Fifth Third checking account, maintaining an average monthly balance of $500 or more, having an account owner under 18 years old, or being enrolled in Fifth Third Military Banking.
CREATE SAVINGS GOAL
Fifth Third allow users to set savings goals (Screenshot from Fifth Third app)

Certificate Of Deposits (CDs)

When it comes to CDs, both banks offer similar options. Similar to other brick-and-mortar banks, if you want to get a high rate, there are “promotional” terms.  

While Fifth Third Bank offers more options, its minimum deposit is higher compared to Huntington.

Fifth Third Bank CDs
5 Month
5.20%
7 Month
4.40%
12 Month
4.30%
Minimum Deposit
$5,000
Term
Huntington Bank CD Rates
7 Month
5.13%
11 Month
4.86%
Minimum Deposit
$1,000

Credit Cards

Both banks offer cards for different purposes, and there is no real difference between them. Overall, the selection is quite limited compared to the big banks, the rewards are basic, and there are no premium cards.

Fifth Third Bank offers four credit cards for three types of customers: those looking to cash back, those who want to transfer their balance or finance a big purchase with low intro APR, or those who need to build credit with a secured card.

Card
Rewards
Bonus
Annual Fee

Fifth Third cash back card

Fifth Third 1.67% Cash Back
1.67% Unlimited 1.67% cash back with every purchase
N/A
$0

Fifth Third intro APR card

Fifth Third Low Intro Rate
1% Unlimited 1% cash back on every purchase
0% Intro APR: 21 months on purchases and balance transfers
$0

Fifth Third preferred cash back

Fifth Third Preferred Cash Back (Exclusively for Fifth Third Preferred Banking Clients)
2% unlimited 2% cash back with every purchase
N/A
$0

Fifth Third secured

Fifth Third Secured Card
N/A
N/A
$24

Huntington Bank offers a selection of credit cards with features like cash back rewards and low APRs.

Card
Rewards
Bonus
Annual Fee

Huntington® Cashback Credit Card

Huntington Cashback Credit Card
1x – 3x 3x reward points (3% cash back) when you use your credit card to make a purchase in your category of choice, up to $2,000 in spend per quarter, 1x on all other purchases
N/A
$0

Huntington Voice Rewards Credit Card

Huntington Voice Rewards Credit Card
1x – 3x 3x reward points (3% cash back) when you use your credit card to make a purchase in your category of choice, up to $2,000 in spend per quarter, 1x on all other purchases
N/A
$0

Huntington Voice Credit Card

Huntington Voice Credit Card
N/A
N/A
$0

THE OHIO STATE VOICE CREDIT CARD®

The Ohio State Voice Credit Card
$100 $100 when you spend $1,000 within the first 60 days after account opening. For the Cashback Card, you will receive $100 cash bonus, which can be redeemed for a $100 statement credit or direct deposit. For the rewards card, you will receive 10,000 bonus points which can be redeemed for a $100 statement credit or direct deposit. For the lower rate card, you will receive a $100 statement credit
N/A
$0

Mortgage And Loans

There is no clear winner when it comes to options for borrowers as both banks offer the same types of lending options.

Both Huntington and Fifth Third Bank provide mortgages for homebuyers, mortgage refinancing, and home equity loans. The banks also offer personal loans and car financing for both new and used vehicles.

Get a home loan on Huntington bank
Get a home loan on Huntington app (Screenshot from Huntington Bank)

Which Bank Is Our Winner?

Overall, there is no significant difference between the banks which offer similar banking products. Huntington may be a better option for savers due to its money market account.

Yet, choosing between them requires considering your needs—like banking services, overdraft support, ATM convenience, and location proximity. Different factors matter to different people, so take your time to evaluate what's essential for you before making a decision.

Compare Fifth Third Versus Other Banks

We believe Chase is the preferred option in this battle. But, there are significant differences to know. Here's our comparison: Chase vs. Fifth Third Bank

While Bank of America and Fifth Third Bank offer a range of banking services, Fifth Third is our winner in this competition. Here's why: Bank of America vs. Fifth Third Bank

Fifth Bank may be better than Wells Fargo when it comes to checking accounts, but is it enough? See our complete comparison, and our winner: Wells Fargo Bank vs. Fifth Third Bank

Overall, we like Fifth Third a bit more than Truist bank, mainly due to the various checking options. Truist is better in credit cards.

Truist Bank vs. Fifth Third Bank

PNC Bank and Fifth Third Bank are two big players when it comes to brick-and-mortar banking. Let's compare them and see which is our winner: PNC Bank vs. Fifth Third Bank

Our winner is U.S. Bank as it offers better package banking than Fifth Bank, but there are cases when Fifth Bank wins. Here's our comparison: U.S. Bank vs. Fifth Third Bank

Top Offers From Our Partners

PNC bank logo

Promotion:
Up to $400 Open a new, select Virtual Wallet product and receive $500/$2,000/$5,000 or more in qualifying monthly direct deposits within 60 days to earn a $100/$200/$400 bonus.
Subject to state availability
PNC Virtual Wallet ® is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet ® is offered in the state of MO with the exception of the Greater Kansas City area. Product availability may vary based on where you open your account and the Zip code of your primary address.

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 7/24/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Top Offers From Our Partners

PNC bank logo

Promotion:
Up to $400 Open a new, select Virtual Wallet product and receive $500/$2,000/$5,000 or more in qualifying monthly direct deposits within 60 days to earn a $100/$200/$400 bonus.
Subject to state availability
PNC Virtual Wallet ® is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet ® is offered in the state of MO with the exception of the Greater Kansas City area. Product availability may vary based on where you open your account and the Zip code of your primary address.

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 7/24/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

Our Methodology for Comparing Banks

In our thorough banking comparison, The Smart Investor team carefully reviewed and compared banks across five key categories:

  1. Checking Accounts (30%): We examined features like direct deposit, debit card availability, monthly fees, ATM and branch access, check deposit, bill pay options, and account alerts. We also considered any special offers available to customers.

  2. Savings Accounts and CDs (20%): Our focus was on important factors such as the Annual Percentage Yield (APY), minimum deposit requirements, account flexibility, FDIC insurance coverage, special savings offers, variety of CDs, automatic renewal options, and early withdrawal penalties.

  3. Credit Cards (15%): We analyzed rewards programs, annual fees, introductory bonuses, travel benefits, APR, and balance transfer options offered by each bank's credit cards to provide a comprehensive comparison of available features.

  4. Lending Options (15%): We assessed the variety of loan options provided, including personal loans, student loans, mortgages, secured loans, HELOCs, and Home Equity Loans, offering insights into the banks' lending capabilities.

  5. Customer Experience and Bank Reputation (20%): Our evaluation included an analysis of online banking and mobile app usability and ratings, accessibility of customer support, online reviews, JD Power research, Trustpilot ratings, and overall financial stability, providing a holistic view of customer experience and reputation.

Compare Huntington Versus Other Banks

While Huntington Bank offers some better conditions when it comes to CDs and lending options, Chase is our winner. Here's why: Chase vs. Huntington Bank

There is no clear winner when comparing Huntington and U.S. Bank , but if we have to pick one – Huntington is our first choice. Here's why: U.S. Bank vs. Huntington Bank

PNC is our winner in this competition with a better banking package than Huntington Bank. But there are more things to consider: PNC Bank vs. Huntington Bank

Picture of Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Search
Banking Reviews
Best Banking Accounts
Savings Accounts
Top Offers From Our Partners

PNC bank logo

Promotion:
Up to $400 Open a new, select Virtual Wallet product and receive $500/$2,000/$5,000 or more in qualifying monthly direct deposits within 60 days to earn a $100/$200/$400 bonus.
Subject to state availability
PNC Virtual Wallet ® is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet ® is offered in the state of MO with the exception of the Greater Kansas City area. Product availability may vary based on where you open your account and the Zip code of your primary address.

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 7/24/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 

Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you’ll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

penfed personal loan

APY on Daily Balances
0.15% APY on daily balances of less than $20,000 or 0.35% APY on daily balances of $20,000 up to $50,000
Get paid up to 2 days early
Set up direct deposits and get your paycheck up to 2 days early

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

#1 In Banking

Our Newsletter

Get expert advice, insider tips, fresh banking promotions and rate changes on savings accounts and CDs

Banking Promotions & Latest Rate Updates

Our Banking Newsletter

Sign up for our newsletter and gain access to expert advice,
insider knowledge, and exclusive updates