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Sign Up Now For A $200 Checking Bonus

If you live in one of the dozen states where Fifth Third Bank operates, you can land a quick $200 bonus just by opening a new checking account, signing up for direct deposit and making a few bill payments online.

The Cincinnati-based bank is offering the bonus through April 4 on any of its five checking accounts.

But eAccess or Essential checking accounts make the most sense for most customers.

The eAccess Account is designed for those who don’t need to write checks and instead do all their banking online.

There’s no monthly service fee as long as you don’t write checks, receive direct deposits of at least $500 each month and get all of your statements online.

Essential Checking allows you to write paper checks. The top service fee is $11 a month, but you can get that waived if:

  • You keep at least $1,500 in your checking and savings accounts each month.
  • You’re a member of the military and receive at least $500 in direct deposits each month.
  • Your employer takes part in Fifth Third’s banking benefits program and you receive direct deposits of at least $500 a month.
  • You’re a student.

You can get the fee reduced to $8 a month if you receive direct deposits of at least $500 per month that don’t come through your employer’s program.

Once you open your checking account, you’ll need to sign up for direct deposit within 90 days. You’ll also need to make three online bill payments within 90 days.

When you do those things, you’ll receive the $200 bonus in your account within six weeks.

Accounts may be opened online or at any of Fifth Third’s 1,300 branches across the Midwest and South.

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