Fifth Third Bank

Fifth Third Early Access


On January 17, 2014, Fifth Third Bank announced that it will no longer offer new customers its Early Access deposit advance service after January 31, 2014.

Effective January 1, 2015, Fifth Third Bank is making changes to its Early Access deposit advance service.

The following is a summary of the changes:

  • Lower Cost: Fifth Third is reducing the cost of the Early Access transaction fee from 10% of the amount of each advance to 3% of the amount of each advance. For example, if you advance $100 on or after January 1, 2015, you will be charged $3 instead of $10 for that advance. This will go into effect for each advance made after 9 p.m. ET, December 31, 2014.
  • More Time to Repay: We are increasing the repayment deadline for each advance from 35 days to 45 days. Therefore, any advance or portion of any advance that is still outstanding as of January 1, 2015, must be paid in full by the 45th day from the date the advance was drawn, or the amount will be automatically debited from your associated checking account. (Please remember that Fifth Third will automatically repay your advance from your next direct deposit of $100 or greater until the advance is paid in full.)
  • Reduced Maximum Advance Period: We are decreasing the number of months that you may advance your maximum credit limits from six months to three months. If for 3 consecutive months you have advanced the maximum amount of your credit limit, you will be ineligible for an advance for 30 days following the 3rd month. For example, if you advanced your maximum credit limit in October, November, and December of 2014, as of January 1, 2015, you will be ineligible for an advance for 30 days.

You may have recently received correspondence from us notifying you of the changes to Early Access. Please be sure to carefully review the Amendments to the Early Access Terms and Conditions.

By choosing to remain enrolled in Fifth Third Early Access, you are accepting these amendments.

Fifth Third Bank is committed to the development of alternative solutions and services for our customers that provide you choices. Should you have additional questions about the changes to Early Access, please visit your nearest banking center or contact us at 844-642-5025.

For Current Users

  • Once you take an Advance, funds are available in your Associated Checking Account subject to the applicable cut-off time. Funds advanced via Internet Banking or our automated customer service line after 9:00 PM Eastern Time will be immediately available for withdrawal. However, the amount will not be available to cover items on that day and will be included within the following day's account activity.
  • Eligible customers can take an Advance and check balances conveniently:
  • See the Fifth Third Early Access Terms and Conditions and the Early Access Frequently Asked Questions for even more information about this checking account feature.

DISCLOSURES

Fifth Third Early Access is an expensive form of credit and should only be used in situations where you need funds quickly and you do not have access to less expensive forms of credit.

Subject to cut-off times. Funds advanced via Internet Banking or our automated customer service line after 9:00 PM Eastern Time will be immediately available for withdrawal. However, the amount will not be available to cover items on that day and will be included within the following day's account activity.

Please note: Fifth Third Early Access is available only to eligible customers in OH, KY, TN, MI, IL, FL, IN, or MO

Subject to Early Access Terms and Conditions