Huntington Bank Review 2024 (2024)

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The bottom line: Huntington Bank is a good option if you live near a branch and prefer in-person banking. It pays high interest rates on its money market account and select CD terms. But you'll still earn higher rates with the best online banks, without worrying about hefty minimum deposits or monthly fees like you would with Huntington.

Huntington Bank: Overall Rating

Huntington Bank Pros and Cons

Checking Accounts Overview

Huntington offers three main checking account options: Asterisk-Free, Perks, and Platinum Perks. It also has a SmartInvest checking account, but it's only for investment advisory customers with a certain amount in assets.

All three of the main accounts come with a 24-hour grace period, which gives you one full day to replace your funds when you overdraw from your account. They also all offer free overdraft protection so you can connect your checking account to another Huntington account that will transfer funds if you risk overdrawing.

Huntington Asterisk-Free Checking Account Overview

The Huntington Asterisk-Free Checking® Account doesn't require an opening deposit or minimum account balance, and there is no monthly service fee. However, Huntington will charge a $3.50 fee when you use an out-of-network ATM.

Huntington Bank Perks Checking Account Overview

Huntington Bank Perks Checking also has a $0 minimum opening deposit. It does charge a $10 monthly service fee, but you can waive it if you have at least $5,000 total in all your Huntington Bank accounts, or make $1,000 in total direct deposits to your checking account each month. This account also monitors your credit score.

There is a $400 cash bonus for eligible new customers who open a new, qualifying Huntington Bank Perks Checking account by October 7, 2024 with qualifying activities.

Huntington Bank Platinum Perks Checking Account Overview

The Huntington Bank Platinum Perks Checking doesn't require an opening deposit or minimum account balance, but it does charge a $25 monthly service fee. You can avoid this fee if you have at least $25,000 total in all your Huntington bank accounts.

You can earn unlimited reimbursem*nts on out-of-network ATM fees, and like Huntington Bank Perks Checking, this account monitors your credit score for you. There's also a $600 cash bonus for eligible new customers who open a new, qualifying Huntington Platinum Perks Checking account by October 7, 2024 with qualifying activities.

Huntington Premier Savings Account Rates

You'll earn a low interest rate with a Huntington Premier Savings Account. It's comparable to what other big brick-and-mortar banks pay, but the best high-yield savings accounts are usually with online banks.

You can also open a Huntington Relationship Savings Account and link it to an eligible Huntington checking account to earn a slightly higher rate. This rate is still relatively low, though.

Huntington CD Rates

Huntington Bank CD rates on standard terms are pretty low. However, it pays high rates on promotional 7-month and 11-month. If you have at least $100,000 to open a jumbo CD, you'll earn high rates on promotional terms of 215 and 335 days.

Huntington Relationship Money Market Account Rates

Like the Huntington Relationship Savings Account, the Huntington Bank Relationship Money Market Account comes with certain benefits if you also have an eligible checking account.

You'll earn a higher rate on your money market account if you also have a checking account, and you won't have to pay a monthly fee. However, you will have to pay a $25 monthly service fee if you either don't have a checking account, or if your balance is under $25,000.

About Huntington Bank

Huntington Bank is a national bank with over 1,000 branches and 1,600 ATMs across 11 U.S. states. You can open an account online, but you still must be a resident of one of the following states:

• Colorado
• Florida
• Illinois
• Indiana
• Kentucky
• Michigan
• Minnesota
• Ohio
• Pennsylvania
• West Virginia
• Wisconsin

Your money is insured by the FDIC for up to $250,000, or $500,000 if you have a joint account.

You can call Huntington customer support daily, from 7 a.m. to 8 p.m. ET.

The Huntington Bank mobile app is rated 4.4 out of 5 stars in the Google Play store and 4.8 out of 5 stars in the Apple store.

Is Huntington Bank Trustworthy?

The Better Business Bureau gives Huntington Bank an A+ rating. A strong BBB score indicates a company responds effectively to customer complaints, advertises honestly, and is transparent about business practices.

Huntington does not have any recent public controversies.

Huntington Bank FAQs

How Huntington Bank Compares

Huntington Bank vs. Chase Bank

Chase Bank has locations in 48 U.S. states, so if you want a nationwide branch and ATM network, it's the better choice.

There are several Chase checking accounts, and the choice between Chase and Huntington may come down to what you want out of your everyday spending account. For example, Huntington has an account with no monthly service fee, while Chase charges a fee on all accounts unless you qualify to waive them. But Chase Sapphire℠ Banking waives foreign transaction fees, which is great if you're a frequent traveler.

Both banks pay low rates on CDs with the exception of a few select terms. If you want a CD, it could depend on which term length you're looking to open. Neither is the best option for earning a high rate on a savings account.

Chase Bank review

Hun ch bank is closer to where you live. U.S. Bank has more locations around the U.S., so it's a good choice if you travel around the country often.

U.S. Bank review

Why You Should Trust Us: How We Reviewed Huntington Bank

We used Personal Finance Insider's bank account methodology to review Hungtington's checking, savings, and money market accounts. We used our certificate of deposit methodology to rate its CDs.

We look at the ethics, mobile app, and customer service for every type of bank account. Other factors we consider depend on the type of account we're reviewing — for example, we look at overdraft protection for checking accounts and early withdrawal penalties for CDs. We give each account a rating between zero and five.