Is my 5A polyfuse on my RAMPS board bad?
As @Mikhail Z commented, it does sound like the fuse may be bad.

The first thing to do is put an ohmmeter across the fuse (with power off!) -- if you get high resistance the fuse is definitely bad. However, if you get low resistance that does not prove the fuse is good -- see @Tom's comments below re. polyfuses in particular, and how to disconnect from the rest of the circuit.

If you don't get lucky testing a fuse in-line, remove it and put the ohmmeter on it in isolation. Whether good or bad, it's good to put in a fuse-holder or socket, so you never have to de-solder the fuse again. 

Some boards use auto-resetting fuses or circuit breakers, which might have more complicated ways of failing (you can always replace the part to be sure). I personally avoid auto-resetting for anything that supplies heaters; if there's a problem I want to intervene rather than letting it try again endlessly.

Since the heaters and the motors are both down, it's a good bet it's the fuse or something very early (that is, "near" the power supply). If it were a single motor or single heater, then the output control (typically a solid-state relay, or perhaps the logic controlling it) would be a better bet. Though unlikely, it's possible for two or more such controls to fail at once, so don't rule that out completely.

Let us know what you discover.