Regions Bank and Fifth Third Bank offer with similar products. Both have new and used auto loans as well as refinancing. And both have in-person and online support. Regions is more upfront about its costs — but Fifth Third has a slight edge when it comes to refinancing.

Ultimately, Regions Bank is best if you want to finance an expensive vehicle and live in the South or Midwest. Fifth Third Bank is great for borrowers who prefer an extra helping hand with their finances.

Regions Bank vs. Fifth Third Bank at a glance

Regions Bank is more upfront about costs but limits the age and mileage of the cars you can buy or refinance. Fifth Third Bank doesn’t provide much detail about its auto loans, but it offers additional refinancing discounts.

Regions Bank

Fifth Third Bank

Bankrate score 3.7 3.5
Better for
  • Financing larger loan amounts
  • Regions Bank account holders
  • In-person customer support
  • Refinancing non-Fifth Third auto loans
Loans offered New and used, refinance New and used, refinance
Loan amounts $5,000-$125,000 Up to $80,000
APRs 7.24%-16.99% Not specified
Loan term lengths Not specified 48-84 months
Fees Not specified Origination fee and fee for late payments
Minimum credit score Not specified Not specified
State footprint 15 states 10 states plus indirect lending in all states except Alaska, Hawaii, Louisiana and Wyoming
Time to funding Not specified Same day as closing
Autopay discount? Yes, 0.25% Yes, 0.25%
Refinancing restrictions
  • Vehicle age: No more than 7 years old
  • Fewer than 90,000 miles on odometer
Not specified

Regions Bank logo
Best for financing larger loan amounts

Regions Bank

Rating: 3.7 stars out of 5
3.7
Learn morein our Bankrate review

Fifth Third Bank logo

Fifth Third Bank

Rating: 3.5 stars out of 5
3.5
Learn morein our Bankrate review

How to choose between Regions Bank and Fifth Third Bank

Regions and Fifth Third Bank have similar products and serve residents of similar states. Pick Regions if you want a large loan, and opt for Fifth Third if you want to take advantage of discounts when you refinance.

Choose Regions Bank for a large vehicle purchase

Americans spent an average of $45,283 for a new non-luxury vehicle in December 2023, according to Kelley Blue Book. With this in mind, finding a lender that offers a wide range of loan amounts is important — especially if you intend to drive off in a luxury option.

Regions Bank allows borrowers to finance as little as $5,000 or as much as $125,000. Along with this, Regions offers discounted rates for electric vehicle loans. As these vehicles tend to cost slightly more than gas vehicles, the discount counts.

Choose Fifth Third Bank if you prefer in-person customer support

Although completing the financing process online works for many borrowers, it is not right for everyone. Fifth Third Bank requires you to visit a brick-and-mortar location to apply for a direct loan. That means that if you encounter snags in the process, you’ll have a real human on hand to offer guidance.

Fifth Third’s indirect lending option enables borrowers to finance with a partnered dealership, also in person. But you’ll have to do some extra legwork to compare Fifth Third to other lenders because it does not disclose much information about its loans until after you’ve applied.

Compare more lenders before applying

Regions or Fifth Third Bank could be a strong first step in getting behind the wheel of your next vehicle — or refinancing your loan.

Pick Regions for competitive rates and large loans. Pick Fifth Third if you plan to refinance your loan. Finally, make sure to check out alternatives, too. Credit unions may offer the same level of in-person support as both Regions and Fifth Third, coupled with even lower rates.