Fifth Third Bank’s Real Life Rewards program offers cash back, bank deposit, gift card and other rewards. Redemption options with Fifth Third Bank include:
- Cash back
- Bank deposits including checking, savings and 529 savings
- Loan or mortgage credit
- Gift cards
- Charitable donations
Fifth Third Bank Real Life Rewards are usually worth 1 cent per point. Some redemptions may offer higher or lower values. If you enroll in the Fifth Third Bank mortgage auto redemption program, you will automatically get a $25 mortgage principal any time your points balance totals 2,500 points or more.
Points earned with Fifth Third Bank credit cards can be transferred to other Fifth Third Bank rewards program members. One transfer per month is allowed and both accounts must be in good standing.
Rewards points usually expire within three years. However, some have a longer expiration period or do not expire at all as long as the account remains open. Points earned with business rewards cards, Fifth Third Preferred credit cards and Visa Signature cards expire after four years. Fifth Third Private Bank World Elite rewards have no expiration period.