Huntington Bank, founded in 1866 and headquartered in Columbus, Ohio, is a regional institution serving customers in 11 states, and regularly offers checking account promotions and bonuses for those looking to switch banks.
Account details and annual percentage yields (APYs) are accurate as of March 5, 2024.
Huntington Bank Promotions
As the 20th largest bank in the U.S., Huntington Bank offers substantial bank bonuses to customers in these states: Ohio, Colorado, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Pennsylvania, West Virginia and Wisconsin.
Here’s a closer look at the current promotions Huntington Bank has to offer.
Huntington Personal Checking: Earn up to $600
Huntington Bank provides new personal checking customers with a chance to earn up to $600 when they open a Huntington Perks Checking℠ Account or Huntington Platinum Perks Checking℠ Account.
How to qualify
Follow these steps to earn the bonus:
- Open the checking account that best fits your needs (Perks Checking or Platinum Perks Checking) by June 7, 2024. You must apply from this offer page to qualify for the bonus.
- For Perks Checking ($400 bonus). Earn a $400 cash bonus after opening an account and receiving a qualifying direct deposit within 90 days of account opening.
- For Platinum Perks Checking ($600 bonus). Earn a $600 cash bonus after opening an account, making a cumulative new money deposit of $25,000 within 90 days of account opening and keeping the account open for 90 days. “New money” refers to funds not currently held at Huntington Bank.
The respective bonus ($400 for Perks Checking or $600 for Platinum Perks Checking) will be deposited into your new account within 14 days of meeting the requirements.
Huntington Bank also has a Huntington Asterisk-Free Checking® Account, but it isn’t eligible for this bonus promotion.
Expiration date
June 7, 2024.
How to waive fees
Huntington’s Perks Checking account has a monthly maintenance fee of $10 monthly maintenance fee which can be waived with $1,000 in total monthly deposits or $5,000 in total relationship balances across Huntington accounts. This includes checking, savings, certificates of deposit and investment accounts.
Huntington’s Platinum Perks Checking account has a monthly maintenance fee of $25 which can be waived by maintaining $25,000 in total relationship balances.
Both of Huntington Bank’s checking accounts earn interest (0.02% APY for Perks and 0.03% for Platinum Perks), albeit at lower rates than what you could earn with competing online banks. If you want to avoid Huntington’s monthly fees, check out the best no-fee checking accounts.
Huntington Business Checking: Get up to $1,000
Huntington Bank has a substantial bonus of up to $1,000 for new business checking customers. This promotion is available for the Huntington Business Checking 100, Huntington Unlimited Business Checking and Huntington Unlimited Plus Business Checking.
How to qualify
Follow these steps to earn the bonus:
- Choose and open a Huntington Business Checking 100, Unlimited or Unlimited Plus Checking account by April 30, 2024. You must apply from this offer page to qualify for the bonus.
- For Business Checking 100 ($100 bonus). Earn a $100 cash bonus after opening an account, making a cumulative new money deposit of $2,000 within 60 days of account opening and keeping the account open for 90 days.
- For Unlimited Business Checking ($400 bonus). Earn a $400 cash bonus after opening an account, making a cumulative new money deposit of $5,000 within 60 days of account opening and keeping the account open for 90 days.
- For Unlimited Plus Business Checking ($1,000 bonus). Earn a $1,000 cash bonus after opening an account, making a cumulative new money deposit of $20,000 within 30 days of account opening and keeping the account open for 90 days. The $20,000 daily balance must be maintained for 60 days after meeting the initial cumulative new money deposit requirement.
The respective bonus ($100, $400 or $1,000) will be deposited into your new account within 14 days of meeting the requirements.
Expiration date
April 30, 2024.
How to waive fees
Business Checking 100 has no monthly maintenance fee.
Unlimited Business Checking has a monthly maintenance fee of $20 which can be waived with a business deposit relationship balance of at least $10,000 or by maintaining a qualifying personal checking account.
Unlimited Plus Business Checking has a monthly maintenance fee of $40 which can be waived with a business deposit relationship balance of at least $50,000 or by maintaining a qualifying personal checking account.
All accounts come with features like 24-Hour Grace for Business, The Hub for revenue and expense management and overdraft protection options.
How to open a Huntington Bank account
You can open a bank account with Huntington online or in person. To start, you’ll need to decide what type of account works best for your needs — checking, savings, money market or certificate of deposit.
Then, visit huntington.com to begin the application process. You’ll be asked to provide basic personal information like your name, address, date of birth, Social Security number and a valid ID for verification. If applying online, you can usually upload identification documents electronically.
You’ll also need to make your initial deposit. Once your application is reviewed and approved, Huntington will send your debit card and checks, if applicable. From there, you can start using your new account.
Frequently asked questions (FAQs)
Huntington Bank doesn’t currently offer any bonuses for savings accounts, but this is subject to change at any time. As of right now, it primarily focuses on offering checking account promotions to new customers.
Huntington Bank’s promotions are competitive, often offering higher cash bonuses compared to many other banks. Some bonuses even have easier eligibility requirements than other banks’ offers. For instance, for the Perks Checking Account, you could earn a $400 cash bonus after opening an account and receiving a qualifying direct deposit within 90 days of account opening.
Yes, Huntington Bank promotions are taxable. The cash bonuses you receive are considered interest income and are typically reported on IRS Form 1099-INT. You’ll claim this interest income when you file your tax return. Talk to a tax professional if you have questions about how bank bonuses and promotions can affect your taxes.
