I usually throw out those Valpak advertising coupons without even opening the envelope. This time I rummaged through them and found an offer code from Fifth Third for this deal.
No direct deposit required. You need to deposit $15K within 45 days of opening the account and leave it there for 90 days.
The verbiage is unclear whether it's 90 days from account opening or 90 days from the date of your deposit. CSR claims it's the latter.
Momentum Checking has no minimum balance and no monthly maintenance fees.
You can apply for this account and input the offer code online. No need to visit a branch.
Fifth Third Bank has two branches within 5 miles of where I live. I'm pretty sure the bank is targeting zip codes with good potential for attracting clients.