Fifth Third Bank Expands Cash/Back Credit Card Suite
08 Novembre 2022 - 2:00PM
Business Wire
Best-in-class introductory 0% APR for 21
months
Earn unlimited 1% cash back on every purchase
with no annual fee
Fifth Third Bank, National Association, is complementing its
flagship 1.67% Cash/Back Card with the launch of a new lend-centric
credit card that enhances and expands its Cash/Back lineup. Fifth
Third has announced a 1% Cash/Back Card, which will help solve
everyday banking needs such as paying for purchases – big or small
– paying bills, managing debt, and handling unexpected expenses.
And it comes with an introductory 0% APR on purchases and balance
transfers for the first 21 months.
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the full release here:
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Fifth Third Bank expands its suite of
cash/back cards with its 1% Cash/Back Card, which comes with an
introductory 0% APR on purchases and balance transfers for the
first 21 months. (Photo: Business Wire)
“The new 1% Cash/Back Card is truly for anything and
everything,” said Howard Hammond, head of consumer banking at Fifth
Third Bank. “Some may use it for the 0% APR so they can pay down
debt, while others may want to use it for a large purchase. It’s an
extremely versatile card and customers earn unlimited 1% cash back
on all purchases no matter what, without restrictions and with no
annual fee.”
Fifth Third created this new card to round out its offerings and
ensure customers have the right credit card product to meet their
wants and needs. With Fifth Third, the more you bank, the more you
earn with a Cash/Back card. Other Fifth Third Cash/Back card
options:
- 1.67% Cash/Back Card
- 2% Cash/Back Card for Preferred Banking members and Private
Bank clients.
Fifth Third also offers a Secured Card for new-to-credit
customers that can help build credit.
Best practices for an introductory 0% APR
According to Mintel Comperemedia (a market research firm), as of
July 2022, the average APR for credit cards was more than 20
percent. Imagine getting a break from paying interest on your debt
and getting rid of that debt faster. A credit card with an
introductory 0% APR is a valuable tool for achieving those
goals.
For more information or to apply, current customers can apply
now and new Fifth Third customers can visit a Fifth Third Bank
financial center. Credit cards are subject to credit review and
approval.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank and its common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.” Investor information
and press releases can be viewed at www.53.com. Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20221107006107/en/
Beth Oates (Media Relations) Beth.Oates@53.com | 313-230-9002
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
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