Fifth Third bank

Home ▸ Archive ▸ Serious Business ▸ Fifth Third bank
FatHobbit's avatar

FatHobbit

Senior Member

8,651 posts
Feb 26, 2013 4:12 PM
Do you have a fifth third account? They are changing their accounts and today is the deadline to select your new account type or have them pick one for you.

I cancelled my checking and savings because they are not my primary bank and they did not have an account for me that would not have had an $11/month service fee. Fuck that.
Feb 26, 2013 4:12pm
M

MontyBrunswick

Feb 26, 2013 4:18 PM
FatHobbit;1396682 wrote:Do you have a fifth third account?
No, I bank with a credit union and they are awesome.
Feb 26, 2013 4:18pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 26, 2013 4:18 PM
I just logged in and saw nothing about this?
Feb 26, 2013 4:18pm
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Feb 26, 2013 4:23 PM
We pay our mortgage out of a 5/3 account. I don't remember seeing anything about this.
Feb 26, 2013 4:23pm
gorocks99's avatar

gorocks99

Senior Member

10,760 posts
Feb 26, 2013 4:25 PM
It's for checking accounts:

http://www.tell53.com/
http://www.tell53.com/will-i-pay-a-fee/
http://www.tell53.com/faq/

Basically, if you don't have an eAccess account, you may be subject to a fee - depending on your account type, and your average monthly checking/savings balance, and if you have direct deposit, etc.
Feb 26, 2013 4:25pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Feb 26, 2013 4:33 PM
Saw someone complaining on my twitter about 5/3 today. Now I know why.
Feb 26, 2013 4:33pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 26, 2013 4:36 PM
Don't use 5/3 and never would. Dirty bank.
Feb 26, 2013 4:36pm
V

vball10set

paying it forward

24,795 posts
Feb 26, 2013 4:44 PM
Yes, and it's very clean ;)
Feb 26, 2013 4:44pm
W

WebFire

Go Bucks!

14,779 posts
Feb 26, 2013 4:45 PM
I use them only because my company is in the same building = convenience. I have not heard anything of this either.
Feb 26, 2013 4:45pm
Terry_Tate's avatar

Terry_Tate

Senior Member

7,606 posts
Feb 26, 2013 4:48 PM
Pick6;1396694 wrote:Saw someone complaining on my twitter about 5/3 today. Now I know why.

There are plenty of reasons why people would complain about Fifth Third, this wouldn't be the only excuse. :)

I literally have not heard a single positive thing about Fifth Third from anybody I know. Know maybe 5-7 people that have left Fifth Third over the past few years for various reasons. Might not be much different than any other bank but some friends have had really bad luck with them.
Feb 26, 2013 4:48pm
gorocks99's avatar

gorocks99

Senior Member

10,760 posts
Feb 26, 2013 4:50 PM
btw, some of you may not have heard anything as they aren't transitioning all their account holders at once (they're rolling it out in different locations at different times). So you may not be changing today - but you will be changing.

If you're pissed with them, I suggest looking into a credit union, or an online checking account (like Schwab)
Feb 26, 2013 4:50pm
G

gut

Senior Member

15,058 posts
Feb 26, 2013 4:58 PM
Terry_Tate;1396702 wrote: I literally have not heard a single positive thing about Fifth Third from anybody I know. Know maybe 5-7 people that have left Fifth Third over the past few years for various reasons. Might not be much different than any other bank but some friends have had really bad luck with them.
Hahaha....I think pretty much every bank has hidden fees and other BS that sneaks up on you if you don't pay attention. A popular trick is new accounts with introductory rates (woohoo- get that extra 10bps!) that quietly go away. Doesn't pay these days, but basically you'd have to transfer to a new account every year or so to get the best return on your savings.
Feb 26, 2013 4:58pm
Terry_Tate's avatar

Terry_Tate

Senior Member

7,606 posts
Feb 26, 2013 5:02 PM
gut;1396705 wrote:Hahaha....I think pretty much every bank has hidden fees and other BS that sneaks up on you if you don't pay attention. A popular trick is new accounts with introductory rates (woohoo- get that extra 10bps!) that quietly go away. Doesn't pay these days, but basically you'd have to transfer to a new account every year or so to get the best return on your savings.
Yeah, every bank has different things that can upset a customer, but most of the issues from what I remember were Fifth Third just plain fucking something up on their end, not as simple as hidden fees or charges or something. I think it was just that most of my closer friends used Fifth Third so that's why I heard the stories about them. Now most are with PNC from what I know and seems like people love them.
Feb 26, 2013 5:02pm
Crimson streak's avatar

Crimson streak

Senior Member

9,002 posts
Feb 26, 2013 5:11 PM
I have pnc. I haven't had a single problem with them. It also helps if I do have a problem my cousin is senior VP of pnc so I'm covered lol
Feb 26, 2013 5:11pm
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Feb 26, 2013 5:13 PM
I had them until last week. I got the letter and junk about the fees and immediately decided to switch.
Feb 26, 2013 5:13pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 26, 2013 5:38 PM
Terry_Tate;1396706 wrote:Yeah, every bank has different things that can upset a customer, but most of the issues from what I remember were Fifth Third just plain fucking something up on their end, not as simple as hidden fees or charges or something. I think it was just that most of my closer friends used Fifth Third so that's why I heard the stories about them. Now most are with PNC from what I know and seems like people love them.
They do shit like lose basic mortgages in underwriting causing people to lose houses (happened to a friend)
Cut credit lines then call back a day later with an offer for a new line.
Feb 26, 2013 5:38pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 26, 2013 5:44 PM
My accounts are private banking, I wonder if that makes a difference
Feb 26, 2013 5:44pm
Terry_Tate's avatar

Terry_Tate

Senior Member

7,606 posts
Feb 26, 2013 5:51 PM
LJ;1396718 wrote:They do **** like lose basic mortgages in underwriting causing people to lose houses (happened to a friend)
Cut credit lines then call back a day later with an offer for a new line.
That's actually exactly what happened to one of my friends.
Feb 26, 2013 5:51pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 26, 2013 6:15 PM
Terry_Tate;1396723 wrote:That's actually exactly what happened to one of my friends.
For some reason I think their specialty is fucking up mortgage originations. They actually offer a few nice products, but dealing with their underwriting is not worth it at all.
Feb 26, 2013 6:15pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Feb 26, 2013 7:00 PM
Oh man, my company is getting bashed to shit on here! Time to step up and defend the 53 honor...so whats everyone got a problem with that I can help clarify? Ill start by saying yes 53rd isn't perfect so please don't take this as me saying we are...but I will say, just like with any bank, if you have a good banker on your account to watch things for you, you wont have any issues.
Feb 26, 2013 7:00pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 26, 2013 7:08 PM
SportsAndLady;1396738 wrote:Oh man, my company is getting bashed to shit on here! Time to step up and defend the 53 honor...so whats everyone got a problem with that I can help clarify? Ill start by saying yes 53rd isn't perfect so please don't take this as me saying we are...but I will say, just like with any bank, if you have a good banker on your account to watch things for you, you wont have any issues.
Are private banking clients affected by the account changes?
Feb 26, 2013 7:08pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Feb 26, 2013 7:14 PM
LJ;1396741 wrote:Are private banking clients affected by the account changes?

No, private banking and preferred banking will continue as is.
Feb 26, 2013 7:14pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Feb 26, 2013 7:21 PM
I will say this..it sucks to have to deal with this as a client of the bank, I get it..you don't want to have to deal with your checking account changing..understood. but 95% of the customers I see I can convert to a free account in 1 min. It literally takes a minute phone call to get set up into a fee-less account and almost everyone I see falls into that kind of account.
Feb 26, 2013 7:21pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 26, 2013 7:26 PM
SportsAndLady;1396746 wrote:I will say this..it sucks to have to deal with this as a client of the bank, I get it..you don't want to have to deal with your checking account changing..understood. but 95% of the customers I see I can convert to a free account in 1 min. It literally takes a minute phone call to get set up into a fee-less account and almost everyone I see falls into that kind of account.
Then why not just make them all free and have people chose the fee accounts on their own accord? Why should people have to switch over to a new account to charge fees?
Feb 26, 2013 7:26pm
Classyposter58's avatar

Classyposter58

Senior Member

6,321 posts
Feb 26, 2013 7:53 PM
I hate Huntington's new hours, they're open from 9-3. Who the f*** has time to go to the bank between those hours. A damn 15 year old would be busy from 9 to 3, let alone a grownup
Feb 26, 2013 7:53pm