Reviews of Fifth Third Bank secured credit card?

For just about anything you want to get off your chest about credit cards.
11 posts
neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Reviews of Fifth Third Bank secured credit card?

Postby neptunejcw » Mon Dec 03, 2012 1:36 am

Anybody know anything about the secured credit card from Fifth Third Bank? I have a savings account there & I might apply for 1....


agp
Centurion Member
Centurion Member
 
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Mon Dec 03, 2012 8:19 am

I don't know anything about it, although I've seen a few of those 5/3 banks in my travels. I do not know why the bank is named 5/3, but I would not bank with them just for that reason and that reason alone.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Midori
Centurion Member
Centurion Member
 
Posts: 204
Joined: Tue Oct 30, 2012 10:25 am
Location: TX

Postby Midori » Mon Dec 03, 2012 8:24 am

The name came from the result of merging Fifth National Bank of Cincinnati and the Third National Bank of Cincinnati.

They held my mortgage for almost a year, and then sent it back to the little local bank that I originated it with. Never had any problems with them, but no experience with the cc side of things.


silver6054
Centurion Member
Centurion Member
 
Posts: 143
Joined: Mon Nov 05, 2012 5:28 pm
Location: boston

Postby silver6054 » Mon Dec 03, 2012 9:17 am

agp wrote:I don't know anything about it, although I've seen a few of those 5/3 banks in my travels. I do not know why the bank is named 5/3, but I would not bank with them just for that reason and that reason alone.

Well, that certainly is a reason. Not a good reason, but a reason! Out of interest, what is a "good" name for a bank, i.e. one that you would bank with?

DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Mon Dec 03, 2012 12:11 pm

silver6054 wrote:what is a "good" name for a bank


One ending in "credit union"

agp
Centurion Member
Centurion Member
 
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Mon Dec 03, 2012 12:21 pm

There aren't many things that I refuse to utilize/purchase just for its name. But a few of them I can't stand, one if 5/3 Bank. Merger or not, what happened to First, Second, and Fourth bank of Cinnci?

I hate the words "hitherto".

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Midori
Centurion Member
Centurion Member
 
Posts: 204
Joined: Tue Oct 30, 2012 10:25 am
Location: TX

Postby Midori » Mon Dec 03, 2012 2:43 pm

"The late Clem Buenger, former chairman of Fifth Third Bank, used to say the name had been chosen because management feared ticking off the anti-alcohol crowd if the bank were named Third Fifth." :oP


neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Postby neptunejcw » Thu Dec 06, 2012 9:21 pm

Well does anybody recommend getting the Fifth Third secured credit card or not?

agp
Centurion Member
Centurion Member
 
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Thu Dec 06, 2012 9:44 pm

If you don't have any credit history, then sure, apply at a smaller bank as your chance of approval may be higher. But if you have an established credit history, even if it's just a few months, then apply for a better card at a big bank.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

CCG
Centurion Member
Centurion Member
 
Posts: 151
Joined: Thu Apr 17, 2008 6:52 pm
Location: Austin, TX

Postby CCG » Mon Dec 10, 2012 12:13 pm

If you decide the Fifth Third Bank secured MasterCard isn't for you, consider a Capital One Secured MasterCard.



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 7 guests