What is the current Fifth Third Bank CD rate?

As of September 2026, Fifth Third Bank's standard CD rates are well under 1% APY — not competitive. Fifth Third's featured/promotional CDs, which require a new deposit not currently held at Fifth Third, run roughly 3.00% to 3.75% APY on select terms (about four to 24 months). Promotional availability and exact rates change frequently and vary by region. Confirm the current rate at 53.com or a branch before opening.

What is the minimum deposit for a Fifth Third Bank CD?

Fifth Third Bank requires a minimum deposit of $500 for most standard CDs. Featured/promotional CDs require a higher minimum deposit of $5,000. This is lower than Wells Fargo's $2,500 standard-CD requirement but higher than online banks like Ally and Capital One, which have no minimum deposit.

What is the early withdrawal penalty on Fifth Third Bank CDs?

Fifth Third Bank's early withdrawal penalty depends on the term: CDs with terms under 12 months forfeit 90 days of interest; 12-month CDs forfeit 180 days of interest; and CDs longer than 12 months forfeit up to 365 days of interest. Confirm the exact penalty schedule for your term at account opening, since penalty terms can change.

Does Fifth Third offer a no-penalty CD?

Fifth Third Bank does not currently offer a no-penalty CD. If you need the option to access funds before maturity without a fee, Ally Bank's no-penalty CD is a widely available alternative — confirm Ally's current term and rate before opening, as these change. For a traditional bank with branch access and no-penalty features, options are limited — most no-penalty CDs come from online banks.

Fifth Third Bank CD Rates 2026 — Terms, APYs, and How They Compare

Fifth Third Bank’s standard CD rates are well under 1% APY — not competitive. Fifth Third’s featured/promotional CDs run roughly 3.00% to 3.75% APY as of September 2026, available only on select terms and requiring a new deposit. Fifth Third operates more than 1,500 branches following its 2026 merger with Comerica, making it a convenient choice for existing customers — but its standard CD rates fall well short of what online banks consistently offer.

Rates shown are as of September 16, 2026, and change frequently. Verify current rates at 53.com or at a local Fifth Third branch before opening an account. Promotional rates and terms are not always available and vary by region.

Fifth Third CD Rates (September 2026)

Tier	Typical APY Range	Notes
Standard CDs	Well under 1% APY	$500 minimum deposit; available on nearly any term
Featured/Promotional CDs	~3.00%–3.75% APY	$5,000 minimum deposit; terms roughly 4–24 months; rotating availability

Fifth Third does not publish a single fixed rate table — actual APYs vary by term, deposit amount, and region, and promotional offers rotate. Confirm current rates directly at 53.com or by calling 1-800-972-3030 before opening a CD; do not rely on rates published elsewhere, including this page, without checking the date.

How Much Can You Earn?

On a $10,000 deposit at an illustrative featured-CD rate of 3.50% APY for 12 months:

After 12 months: ~$10,350 ($350 in interest)

At an illustrative standard-CD rate of 0.05% APY for 12 months:

After 12 months: ~$10,005 ($5 in interest)

The gap between a featured and standard 12-month CD on $10,000 is roughly $345 in this illustration — a significant difference worth checking before you open. These are illustrative examples only; confirm the actual rate offered on your specific CD before calculating expected earnings.

Early Withdrawal Penalties

Term	Penalty
Less than 12 months	90 days of interest
12 months	180 days of interest
More than 12 months	Up to 365 days of interest

Fifth Third’s penalties for CDs longer than 12 months are steep — up to a full year of interest forfeited on early withdrawal. On a 3-year CD earning 3.25% APY with $10,000, an early exit forfeiting a full year of interest could cost up to roughly $325. Confirm your CD’s exact penalty terms at account opening — do not open a long-term Fifth Third CD unless you are confident you won’t need the funds before maturity.

Fifth Third vs. Online Banks

	Fifth Third (Featured)	Fifth Third (Standard)	Online Bank Average
Typical 12-month APY	~3.00–3.75%*	Well under 1%*	~3.5–4.0%*
Minimum deposit	$5,000	$500	$0–$500
Promotion required	Yes	No	No
In-person branches	Yes (expanded footprint post-Comerica merger)	Yes	No
No-penalty option	No	No	Sometimes

*Rates as of September 2026; confirm current rates before opening, as CD rates change frequently across the industry.

The verdict: Fifth Third CDs make sense when a featured promotion is running and you’re already a Fifth Third customer. For anyone without an existing relationship or whose priority is rate, online banks are worth comparing on both yield and accessibility — confirm current rates at each bank before deciding.

CD Renewal at Fifth Third

Fifth Third CDs automatically renew at maturity into the same term, typically at the standard (non-promotional) rate. Confirm the current grace period and renewal terms with Fifth Third directly, since these can change. Featured-CD customers should be especially attentive at renewal, since the standard renewal rate is typically lower than a promotional rate. Contact Fifth Third or check 53.com before any grace period ends.

Who Should Open a Fifth Third CD?

Best for:

Existing Fifth Third customers who want to park savings at the same institution
Savers within Fifth Third’s expanding branch network (Midwest, Southeast, and — following the 2026 Comerica merger — additional markets including parts of Texas, Arizona, and California)
Anyone catching a Fifth Third featured/promotional CD at competitive timing

Consider alternatives if:

No featured rate is currently available (standard rates are well below online bank averages)
You want no minimum deposit (Ally, Capital One 360 — confirm current minimums)
You want penalty-free access before maturity (an online bank’s no-penalty CD)

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy