How to Dispute Charges With Fifth Third Bank Easily
On average, each American that owns a bank account spends between $80 and $100 a year on bank fees. These fees include overdraft fees, account maintenance fees, and checking account fees, among others. With this in mind, you can consider of any kind. This helps you lower or avoid these charges completely.
DoNotPay can help you fight these bank fees more effectively than just contacting the bank. This article provides a quick look at how you can use DoNotPay to fight the fees and its advantages over contacting your Fifth Third bank to waive the fee.
Common Fifth Third Bank Fees
You may encounter when operating an account at Fifth Third Bank. Here are some common ones.
This is a monthly charge to maintain your bank account. The amount ranges from $5 to $30 depending on the type of account and services you have subscribed to. However, there are some account types that do not have the monthly maintenance or overdraft fee but lack some services.
This is a fee charged for overdrawing your bank account. When you draw cash or make purchases with the account and do not have enough cash, the bank can draw cash from your credit card or linked bank account for a fee. You can also get a Bank of America overdraft fee refund if you are overcharged.
Insufficient Cash Fee
Users who don't like using the overdraft feature pay an insufficient cash fee. If they make a purchase but do not have sufficient cash in their account to cover the purchase, they will be charged for the returned product. This amount varies with the number of purchases returned.
Out-of-Network ATM Fees
If you use an ATM not in your bank's network to withdraw cash, you will be charged a fee once the transaction is completed. This fee may vary from $5 to $10 per transaction. Unlike Bank of America ATM fees, transactions in most bank-owned ATMs are free.
Wire Transfer Fees
These are fees charged when you wire cash to or from your account. They cater to the transaction cost between the two bank accounts involved. Similarly, there is a fee for a PayPal cash transfer to your bank account.
Dormant Account Fee
If your checking account has been dormant for about 12 months or the savings account for eight months, you will need to reactivate the account by paying a reactivation fee.
Here's a breakdown of fees charged by Fifth Third Bank:
|Out-of-Network ATM||In the United States, the monthly service fee is $2.75; outside the United States, the monthly service fee is $5.|
|Monthly Service Fee||$5 a month for savings accounts|
|Overdraft||$37 (the price remains the same for weekend overdrafts)|
|Checking Fee||$8 to $25 depending on the type of checking|
|Foreign Exchange Rate||0.20% of transactions|
|International Debit Purchase||3% of the transaction|
|Late fees||$5 to $30|
|Debit Card Replacement||$30 for rush delivery|
How To Fight Fees on Your Own
Fifth Third Bank does not have a procedure to waive fees. However, it does not hurt to try. The following are the steps to follow to have the fee waived:
- Please contact customer service and explain why you do not want to pay the fee.
- Stop by your local bank and request a waiver for the fees
- Write an email to the bank detailing reasons why you should not pay the fees
The unfortunate thing with all these methods is that you may not get the decision-makers or are likely not to convince them. These methods also work when fighting TD Bank’s overdraft fee.
Next Steps if You Cannot Do It on Your Own
If you fail to convince the bank to waive the fee using the above methods, you can seek help from a pro bono lawyer. Unfortunately, just like when fighting Wells Fargo checking account overdraft fees, it may be hard to convince them why you need assistance. The process may also take too long before you get any meaningful results.
Fight Fifth Third Bank Fees With DoNotPay
The above methods are likely to fail or might take too long with back-and-forth communication before you can have the fee reduced. Fortunately, DoNotPay can fight all the fees using four
easy steps, as explained below.
- Open the DoNotPay Fight Bank Fees product.
- Enter the name of your bank.
- Verify the last 4 digits of your bank account.
- Choose which fees you want to waive, including overdraft, ATM, and transaction fees.
Why Use DoNotPay To Fight Fifth Third Bank Fees?
There are several benefits to using DoNotPay to fight Fifth Third Bank fees. Here are the most valuable ones:
- Fast: You avoid the long, tedious methods by using DoNotPay's four steps
- Easy: There are no lengthy letters to fill out or other lengthy explanation procedures with DoNotPay.
- Successful: We guarantee that our procedure will elicit a response from the bank.
DoNotPay Works Across All Banks at the Click of a Button
You can use the procedure above to fight Fifth Third Bank overdraft fees and similar fees across all banks in the country. DoNotPay works with every bank with a similar level of efficiency. It is a versatile product for anyone looking to cut down on TD, Bank of America, and Chase bank overdraft fees, among others.
What Else Can DoNotPay Do?
DoNotPay can enable you to complete several other tasks besides fighting Citizen Bank overdraft fees. Here are a few other things you can accomplish fast with the platform.
- Sue anyone is a small claims court
- Ask for chargebacks and refunds with ease
- Create an irrevocable living trust
- Speed up your insurance claims
Stop spending cash on bank fees and other charges. With DoNotPay, you may be able to find to fight these charges for a smooth banking experience.