Huntington Bank Review 2024

On This Page

At a glance

4.2

Rating: 4.2 stars out of 5

Bankrate Score

CDs

Rating: 4.7 stars out of 5

Checking

Rating: 4.5 stars out of 5

Savings

Rating: 2.7 stars out of 5

MMA

Rating: 4.2 stars out of 5

Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

About Bankrate Score

Overview

Huntington National Bank is a convenient option for many who live in the Midwest and the South who prefer to bank in person. Its consumer-friendly offerings include a no-frills, free checking account, 24-hour overdraft forgiveness and all-day deposit capability that extends the deposit cutoff to midnight on business days. All this noted, many of the bank’s deposit accounts offer rock-bottom yields.

Highlights

ATM Fee Refunds
Free Checking

Overall

The Huntington National Bank offers consumer-friendly products and a network of more than 1,000 branches mostly in the Midwest and South. A no-frills free checking account is available, yet yields on savings accounts and some CDs are comparatively low.

Pros

A free checking account is available.
Huntington offers a 24-hour grace period on overdrawn transactions before incurring a fee.
A wide range of CD terms gives customers the ability to build a CD ladder.

Cons

Yields on savings accounts and many CDs are very low.
The minimum balance needed to earn interest on the money market account is steep.

We want to know what you think about Huntington National Bank

Do you have experience with Huntington National Bank? Let us know your thoughts.

Huntington Bank banking products

2.7

Rating: 2.7 stars out of 5

Bankrate Score

Compare top savings rates

FEATURES

Huntington Bank savings overview

Huntington’s Relationship Savings account charges a $10 monthly fee that’s avoidable by maintaining an average daily balance of $2,500 or having a qualifying Huntington checking account. The account requires a minimum of $2,500 to open and earns interest on all balances, though the APY is much lower than the national average.

The bank’s Premier Savings account has no maintenance fee when you also have a qualifying checking account. Otherwise, a $4 monthly fee applies. This account also pays a rock-bottom APY that’s below the national average. A minimum $50 deposit is required to open.

Pros

Both accounts offer simple ways to avoid the monthly service fees.

Cons

The APYs on both accounts are very low.
The Relationship Savings account’s minimum opening deposit is higher than what many other banks require.

See how rates for this account have changed over time.Interact with the trend lines to view APY by date.

Huntington Bank

APY

APY last updated between 5/19 and 5/25.

APY

APY last updated between 5/19 and 5/25.

National average APY

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

Compare Offer

Huntington Bank CD overview

Huntington Bank offers standard CDs with terms ranging from one month to six years, giving savers the flexibility to build a CD ladder of just about any length. The minimum deposit is $1,000 for all standard CDs. Jumbo CDs are also available with a deposit of $100,000 or more.

Annual percentage yields (APYs) for standard and jumbo CDs, however, are below the national average yield across term lengths. Huntington doesn’t offer any specialty CDs, such as a bump-up or no-penalty CD.

At the time of Bankrate’s review, Huntington was offering promotional CDs with terms of seven and 11 months as well as promotional jumbo CDs (that require a minimum deposit of $100,000) with terms of 215 and 335 days, all of which earn high rates.

Pros

The wide range of terms gives customers the ability to build a CD ladder.
The minimum deposit for all standard CDs is a manageable $1,000.

Cons

Most CD yields are very low, even for jumbo CDs.
No bump-up or no-penalty CDs are available.

See how rates for this account have changed over time.Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

Huntington Bank

APY

APY last updated between 5/19 and 5/25.

APY

APY last updated between 5/19 and 5/25.

National average APY

Term length

How do we get this data?

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	Huntington Bank APY APY last updated between 5/19 and 5/25. APY APY last updated between 5/19 and 5/25	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
05/21/2024	0.50%	1.42%
04/02/2024	0.10%	1.42%
03/12/2024	0.10%	1.43%
02/06/2024	0.10%	1.42%
12/05/2023	0.10%	1.43%
11/07/2023	0.10%	1.45%
10/03/2023	0.10%	1.46%
09/05/2023	0.10%	1.43%
08/01/2023	0.10%	1.38%
07/04/2023	0.10%	1.35%
06/06/2023	0.10%	1.33%
05/30/2023	0.10%	1.32%

Compare Offer

Huntington Bank money market overview

The Huntington Relationship Money Market account earns a paltry standard rate on balances over $25,000, with no interest on lower balances. However, promotional rates are currently offered that are very competitive — although you’ll need a minimum balance of $25,000 to earn any interest. Promotional rates are higher for customers who also have a Huntington checking account.

The account offers check-writing privileges and an ATM card is available. A $25 monthly fee applies, but it can be waived by maintaining a $25,000 minimum balance or by linking a qualifying checking account.

Pros

The money market account has check-writing privileges and an ATM card.
Current promotional rates are high for balances of $25,000 or more.

Cons

The minimum balance needed to earn interest and waive the monthly fee is steep.

4.5

Rating: 4.5 stars out of 5

Bankrate Score

Compare top checking rates

Huntington Bank checking overview

Huntington’s checking accounts include Asterisk-Free Checking, Huntington Perks Checking and Huntington Platinum Perks Checking.

Asterisk-Free Checking is a no-frills, free checking account. There’s no minimum deposit needed to open the account and no monthly maintenance fee.

Huntington Perks Checking is an interest-bearing account that waives fees for up to five ATM withdrawals per month, among other features. The account’s $10 monthly fee can be waived if you have $1,000 in total monthly deposits or keep $5,000 in total relationship balances.

Huntington Platinum Perks Checking is another interest-earning account, and its $25 monthly maintenance fee is waived when you have $25,000 or more in total relationship balances. Perks include free unlimited non-Huntington ATM withdrawals.

Pros

Asterisk-Free checking charges no maintenance fee and requires no minimum deposit.
Perks Checking and Platinum Perks checking earn a little bit of interest.

Cons

Asterisk-Free checking charges $3.50 for each out-of-network transaction.

Compare Offer

Bank fees

Fee	Charges
Overdraft fee	$15
Nonsufficient funds fee	None
Monthly maintenance fee	$0 – $25
Out-of-network ATM fee	$3.50
Excessive transaction fee	None

About Huntington Bank

Founded in 1866, The Huntington National Bank offers a full range of products and services, including deposit accounts, wealth management and insurance. It merged with TCF Financial Corp. in 2021 and now operates more than 1,000 branches in 11 states, mainly in the Midwest and the South.

Customer experience

Customer service. Customer service is available 7 a.m. to 8 p.m. ET, daily. An automated assistant is also available. Customers have access to a range of features, including 24-Hour Grace, which gives account holders until midnight the next day to bring their accounts positive when they've been overdrawn.

Branch availability. Huntington Bank has more than 1,000 branches across 11 states: Colorado, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, Wisconsin, and West Virginia.

Highly-rated mobile app. Huntington’s mobile app is highly rated on the Apple App and Google Play stores. Huntington offers All Day Deposit, which extends the banking day until midnight for deposits made at an ATM or through its mobile app. Additional features include online bill pay as well as mobile banking and account alerts, and debit cards can be linked to digital wallets, like Samsung Pay and Google Pay, to pay for purchases with a smartphone.

How does Huntington Bank compare with other banks?

Huntington National Bank vs. Chase Bank

Huntington National Bank has approximately 1,200 locations across 11 states. In contrast, Chase Bank, one of the largest banks in the country, has nearly 5,000 across 49 states. As such, if you’re looking for a bank with a large branch network, Chase may be the better choice.

Both banks offer similar yields on many of their deposit products, including their standard CDs and savings accounts. (Yields at both banks are very low; higher yields are easily found elsewhere.) That noted, Chase doesn’t offer a money market account, but Huntington Bank does.

Huntington National Bank FAQs

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.

Huntington Bank Review 2024 | Bankrate (2024)

At a glance

Overview

Highlights

Advertiser Disclosure

How We Make Money

About our Sponsored Offers

American Express

Jenius Bank

BMO Alto

Advertiser Disclosure

How We Make Money

American Express

Jenius Bank

BMO Alto

LendingClub

Capital One

Overall

Pros

Cons

We want to know what you think about Huntington National Bank

Huntington Bank banking products

Huntington Bank savings overview

Pros

Cons

Huntington Bank savings rates

Advertiser Disclosure

How We Make Money

American Express

Huntington Bank CD overview

Pros

Cons

Huntington Bank CD rates

Advertiser Disclosure

How We Make Money

Marcus by Goldman Sachs

Huntington Bank money market overview

Pros

Cons

Huntington Bank checking overview

Pros

Cons

Advertiser Disclosure

How We Make Money

SoFi

Bank fees

About Huntington Bank

Customer experience

How does Huntington Bank compare with other banks?

Huntington National Bank vs. Chase Bank

Huntington National Bank FAQs

Review methodology

References