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**Accurate as of May 2024, assuming FDIC average savings rate of 0.45% and $2,500 deposit.
Our Huntington Bank Ratings
We give Huntington 3.9 out of 5 stars after evaluating factors including its branch availability, account fees, interest rates and customer support. The bank’s checking accounts stand out the most, while its overall banking experience also receives high marks.
Here’s how the company scores in each of our review categories:
Flip Card Huntington Bank
Huntington Bank Rating 3.9 / out of 5 stars
Rating breakdown
Banking Experience and Access 4.2 / 5
Checking 4.7 / 5
Savings 3.2 / 5
CDs 3.9 / 5
Money Market Accounts (MMAs) 3.7 / 5
*Ratings are determined by our editorial review team. Learn more about our scoring methodology.
Our review team reached out to Huntington for a comment on its overall rating and its savings, CD and money market account scores and received the following response:
“At Huntington, we’re committed to making people[‘s] lives better, helping businesses thrive and strengthening the communities we serve. We’re proud of our innovative products and digital tools that are designed to empower customers to take charge of their money, as well as the strength of our branch network and customer service.”
Huntington Bank vs. Other Top Banks
Huntington receives a comparable rating to top banks such as Chase Bank, Wells Fargo and Bank of America. Huntington has more deposit accounts than many of its peers and a no-fee checking account option, but it doesn’t have as many branch and ATM locations. Still, it’s well liked by national review companies and has a positive track record for customer satisfaction.
| Huntington | Chase | Wells Fargo | Bank of America | |
|---|---|---|---|---|
| Our rating | 3.9 | 4 | 3.8 | 4 |
| Number of branch locations | 1,000 | 4,700 | 4,600 | 3,800 |
| Number of ATM locations | 1,600 | 15,000+ | 11,000 | 15,000 |
| Available deposit products | Checking, savings, CDs, money market | Checking, savings, CDs | Checking, savings, CDs | Checking, savings, CDs |
| No-fee checking account option?* | Yes | Yes | Yes | Yes |
Overview of Huntington Bank: Pros and Cons
Huntington National Bank was founded in Columbus, Ohio, in 1866 and now has branches in 11 states:
- Colorado
- Florida
- Illinois
- Indiana
- Kentucky
- Ohio
- Michigan
- Minnesota
- Pennsylvania
- West Virginia
- Wisconsin
Online ratings from national companies such as J.D. Power and the Better Business Bureau (BBB) are strong, but interest rates on Hungtington’s savings accounts are lower than average. While the bank’s money market accounts offer higher rates, you’ll need higher balances across some or all of your Huntington accounts to get the best APYs.
For instance, the Relationship Money Market Account requires a balance of $25,000 or more to earn interest, and the Huntington SmartInvest Money Market Account is only available to Huntington SmartInvest Checking customers, which requires a $100,000 total relationship balance.
Plus, if you travel, the bank may not have as many physical locations as you may prefer. It only has about 1,000 branches and 1,600 ATMs.
The bank is also insured by the Federal Deposit Insurance Corp. (FDIC).
Pros
Lots of banking choices: Huntington offers numerous checking accounts, savings accounts, money market accounts and CDs.
High praise: The bank has a track record for customer satisfaction, earning top honors in the North Central region, according to a 2023 survey by J.D. Power.
Waive the fees away: Huntington has some monthly fees associated with its accounts, but there are various ways to avoid those fees.
Cons
Low rates and high buy-in: Rates on savings accounts are on the lower end, and Huntington’s money market rates aren’t great unless you have balances of $25,000 to $100,000 or more across your accounts.
Limited access: Huntington has fewer branch and ATM locations than its peers.
Huntington Bank Products
Huntington National Bank offers a wide range of personal banking services such as checking and savings accounts, as well as CDs and money market options. And if you’re looking for credit cards, mortgages or home equity lines of credit (HELOC), you can also find them at Huntington.
| Huntington Bank Account | Standard APY* | Relationship APY* | Minimum Opening Deposit | Minimum Account Balance |
|---|---|---|---|---|
| Huntington Platinum Perks Checking | 0.03% | This account allows you to earn relationship rates on savings and money market accounts | None | $25,000 or more in total relationship balances to waive monthly fee |
| Huntington Perks Checking | Not disclosed | This account allows you to earn relationship rates on savings and money market accounts | None | $5,000 or more in total relationship balances to waive monthly fee |
| Asterisk-Free Checking | N/A | N/A | None | None |
| Huntington SmartInvest Checking | N/A | Not disclosed | None | $100,000 or more in total relationship balances |
| Huntington Relationship Savings | 0.01% | 0.02% to 0.06% | $2,500 | $2,500 or more to waive monthly fee |
| Huntington Premier Savings | 0.01% | N/A | $50 | $300 or more to waive monthly fee |
| Standard Fixed-Rate CDs | 0.05% to 0.10% | N/A | $1,000 | $1,000 |
| Promotional Fixed-Rate CDs | 4.34% to 5.13% | N/A | $1,000 | $1,000 |
| Standard Jumbo Fixed-Rate CDs | 0.05% to 0.10% | N/A | $100,000 | $100,000 |
| Promotional Jumbo Fixed-Rate CDs | 4.34% to 5.13% | N/A | $100,000 | $100,000 |
| Relationship Money Market Account | 4.49% on $25,000 to $2,000,000.99 0.25% on $2,000,001 or more | 4.54% to 4.70% on $25,000 to $2,000,000.99 0.25% on $2,000,001 or more | $25,000 | $25,000 or more to waive monthly fee |
| Huntington SmartInvest Money Market Account | N/A | 4.59% to 4.85% on 1 cent to$9,999,999.99 0.25% on $10 million or more | None | 1 cent to earn interest Requires a SmartInvest Checking account with $100,000 or more in total relationship balances |
| Money Market IRA | 0.02% on 1 cent to $2,499.99 0.05% on $2,500 or more | N/A | $1 | 1 cent to earn interest |
Huntington Checking Accounts
4.7
| Huntington Checking Account | Minimum Opening Deposit | Minimum Account Balance | Monthly Service Fee | Overdraft Fee | APY* |
|---|---|---|---|---|---|
| Huntington Platinum Perks Checking | None | $25,000 or more in total relationship balances to waive monthly fee | $25 (waivable if meet terms) | $0 for overdrawn amounts of $50 or less $15 per item for overdrawn amounts over $50 | 0.03% |
| Huntington Perks Checking | None | $5,000 or more in total relationship balances to waive monthly fee | $10 (waivable if meet terms) | $0 for overdrawn amounts of $50 or less $15 per item for overdrawn amounts over $50 | Not disclosed |
| Asterisk-Free Checking | None | None | $0 | $0 for overdrawn amounts of $50 or less $15 per item for overdrawn amounts over $50 | N/A |
| Huntington SmartInvest Checking | None | $100,000 or more in total relationship balances | $0 | None | N/A |
*APY accurate as of April 29, 2024. Rates listed are for Columbus, Ohio.
Huntington Checking Account Overview
We rate Huntington’s checking accounts 4.7 stars since it offers four types of checking accounts:
- Huntington Platinum Perks Checking
- Huntington Perks Checking
- Asterisk-Free Checking
- Huntington SmartInvest Checking
None of the checking accounts require a minimum deposit to open, and three of them offer interest. All accounts also offer access to online banking, mobile banking and a debit card.
Pros and Cons
Pros Wide variety of accounts: Huntington offers four checking account options, all with different perks and fees. Interest checking accounts: Three of the four checking accounts earn interest, and two of the accounts qualify you to earn relationship rates on other eligible accounts. Grace period for overdrafts: If you overdraw your account by more than $50, you’ll have a 24-hour grace period to make a qualifying deposit to avoid the $15 overdraft fee. Fees on most accounts: There’s a $15 fee for overdrafts over $50, and a $3.50 fee for out-of-network ATMs may apply for some accounts. Cons High balance required: To get a Huntington SmartInvest Checking account, account holders must maintain a total relationship balance of $100,000 and have a Managed Investment account.
Huntington Checking Account Options
Platinum Perks Checking
The Platinum Perks Checking account is best for account holders well into their savings journey. Account holders earn a small annual percentage yield (APY) on all balances, but they must maintain a total relationship balance of at least $25,000 across all Huntington accounts to waive the $25 monthly service fee.
Huntington will cover ATM fees from the first five non-Huntington ATMs (per statement cycle) and may provide some reimbursem*nt for fees charged by some out-of-network ATMs.
Additional perks include:
- The ability to earn relationship rates on savings and money market accounts
- Relationship discounts on mortgages and HELOCs
- 100 commission-free online equity and exchange-traded fund (ETF) trades per year through Huntington Financial Advisers
- Access to Huntington’s Standby Cash feature
- Zelle integration
- Early pay
- Instant access to check deposits (up to $500)
- Free identity and credit score monitoring
Perks Checking
The Huntington Perks Checking account earns a small APY and has a $10 monthly maintenance fee that can be waived with $1,000 in total monthly deposits or a total relationship balance of $5,000 across all Huntington accounts.
Similar to the Platinum Perks Checking account, the Perks Checking account also waives fees for the first five non-Huntington ATMs each statement cycle.
Additionally, this account also comes with:
- The ability to earn relationship rates on savings and money market accounts
- Access to Huntington’s Standby Cash feature
- Free credit score monitoring
- Early pay
- Zelle
Asterisk-Free Checking
The Asterisk-Free Checking account is a free checking account. It costs nothing to open, and it doesn’t have a minimum balance requirement or monthly maintenance fees. It comes with many of the same perks as the other two accounts, which include:
- Early pay
- Zelle
- Instant access to check deposits (up to $500)
- Access to Huntington’s Standby Cash feature
However, unlike the previous two checking accounts, this account charges a $3.50 fee for all out-of-network ATM transactions.
Huntington SmartInvest Checking
The Huntington SmartInvest Checking is only available to Managed Investment customers who maintain a total relationship balance of at least $100,000 across eligible accounts. This account comes with no fees, including no monthly fees, overdraft fees, wire transfer fees or stop-payment fees.
This account has two tiers for earning interest. To qualify for Tier 1, you’ll need to have at least $100,000 in total relationship balances. For Tier 2, you’ll need to have at least $1 million in total relationship balances.
This account also includes perks such as:
- Unlimited commission-free online equity and ETF trades per year through a new brokerage account with Huntington Financial Advisers
- No fees for out-of-network ATMs
- Relationship discounts on HELOCs and mortgages
- One free small safe deposit box
Huntington Savings Accounts
3.2
| Huntington Savings Account | Minimum Opening Deposit | Minimum Account Balance | Monthly Service Fee | Standard APY* | Relationship APY* |
|---|---|---|---|---|---|
| Huntington Relationship Savings | $2,500 | $2,500 or more to have the monthly fee waived | $10 (can be waived if you meet terms) | 0.01% on all balance tiers | 0.02% to 0.06% on all balance tiers |
| Huntington Premier Savings | $50 | $300 or more to have the monthly fee waived | $4 (can be waived if you meet terms) | 0.01% on all balance tiers | N/A |
*APY accurate as of April 29, 2024. Rates listed are for Columbus, Ohio.
Huntington Savings Account Overview
We score Huntington’s two savings accounts options 3.2 stars. Both accounts earn low interest rates and come with waivable monthly fees. You can set up overdraft protection for both accounts, and there is no overdraft fee for overdrawn amounts of $50 or less.
Pros and Cons
Pros Potential for higher relationship rates: With a Huntington Relationship Savings account, you can earn higher relationship rates with a qualifying checking account. Waivable monthly fees: Both savings accounts offer ways to easily waive the monthly service fees. Cons High minimum deposits: The Huntington Relationship Savings account requires a high minimum opening deposit of $2,500. Low interest rates: Both savings accounts offer very low interest rates across all balances, even if you qualify for relationship rates.
Huntington Savings Account Options
Huntington Relationship Savings
The Relationship Savings account has a $10 monthly fee unless you have a Huntington Perks Checking or Huntington Platinum Perks Checking account. Having one of these accounts will also get you access to relationship rates with slightly higher APYs, but the APY is still far below the FDIC’snational average rateof 0.46% for savings accounts.
Huntington Premier Savings
The Premier Savings account is best for those who are new to saving. It has a very small APY. The $4 monthly fee can be waived with an average daily balance of $300 or having a checking account with Huntington. You’ll need $50 to open an account.
Huntington CDs
3.9
| Huntington CD Term | Minimum Opening Deposit | APY* | CD Type | Early Withdrawal Penalty |
|---|---|---|---|---|
| Fixed Rate CDs | $1,000 | 0.05% to 0.10% | Standard | Not disclosed |
| Fixed Rate CDs | $1,000 | 4.34% to 5.13% | Promotional | Not disclosed |
| Jumbo Fixed Rate CDs | $100,000 | 0.05% to 0.10% | Standard | Not disclosed |
| Jumbo Fixed Rate CDs | $100,000 | 4.34% to 5.13% | Promotional | Not disclosed |
*APY accurate as of April 29, 2024. Rates listed are for Columbus, Ohio.
Huntington CD Overview
We rate Huntington CDs 3.9 stars. Huntington offers both fixed-rate CDs and jumbo fixed-rate CDs. Both types of CDs are offered with standard rates or promotional rates.
Compared to the FDIC’s national average interest rates for CDs, Huntington’s standard rates are much lower. However, its promotional rates are much higher than the national averages, and they’re competitive with thebest CD rateson the market.
Pros and Cons
Pros Competitive promotional rates: Huntington offers standard and jumbo CDs with promotional rates that are competitive with the best CD rates on the market. Variety of terms: Both the fixed-rate and jumbo fixed-rate CDs have more than a dozen terms to choose from. Cons Low standard rates: Although Huntington offers a wide variety of terms, most of the terms offer very low APYs. CDs can’t be opened online: You must visit a branch in person to open a CD account.
Huntington CD Options
Fixed Rate CDs
For its standard CDs, the bank has two promotional CDs with terms of seven and 11 months, both of which have competitive APYs. All other standard CD terms have much smaller APYs. To open an account, standard CDs require a $1,000 minimum deposit.
Jumbo Fixed Rate CDs
The promotional and standard rates are similar for the jumbo CDs, but with different terms. The promotional rates for jumbo CDs are offered in 215- and 335-day terms. Jumbo CDs require at least $100,000 to open.
Huntington Money Market Accounts
3.7
| Huntington Money Market Account | Minimum Opening Deposit | Minimum Account Balance | Monthly Service Fee | Standard APY* | Relationship APY* |
|---|---|---|---|---|---|
| Relationship Money Market Account | $25,000 | $25,000 or more to waive monthly fee | $25 (can be waived if you meet terms) | 4.49% on $25,000 to $2,000,000.99 0.25% on $2,000,001 or more | 4.54% to 4.70% on $25,000 to $2,000,000.99 0.25% on $2,000,001 or more |
| Huntington SmartInvest Money Market Account | None | 1 cent to earn interest Requires a SmartInvest Checking account with $100,000 or more in total relationship balances | $0 | N/A | 4.59% to 4.85% on 1 cent to$9,999,999.99 0.25% on $10 million or more |
| Money Market IRA | $1 | 1 cent to earn interest | $0 | 0.02% on 1 cent to $2,499.99 0.05% on $2,500 or more | N/A |
*APY accurate as of April 29, 2024. Rates listed are for Columbus, Ohio.
Huntington Money Market Account Overview
We score Huntington’s money market accounts 3.7 stars. Huntington offers three money market accounts: Relationship Money Market Account, Huntington SmartInvest Money Market Account and Money Market IRA.
Pros and Cons
Pros No (or waivable) monthly fees: The Huntington SmartInvest Money Market Account and Money Market IRA have no monthly service fee, and the Relationship Money Market Account has multiple ways to waive the $25 monthly fee. Competitive rates on select account balances: The Relationship Money Market Account offers a competitive rate on balances of $25,000 or more, and the Huntington SmartInvest Money Market Account offers a competitive rate on balances up to $9,999,999.99. Cons High balance to earn interest: The Relationship Money Market Account requires a $25,000 minimum deposit and a $25,000 minimum balance to earn interest. Limited access: The Huntington SmartInvest Money Market Account is only available to Huntington SmartInvest Checking customers.
Huntington Money Market Account Options
Relationship Money Market Account
The Huntington Relationship Money Market Account needs a $25,000 minimum balance to earn interest, but a $25,000 deposit is also required to open an account. The $25 monthly fee can be waived by meeting one of the following requirements:
- Maintaining a $25,000 average daily balance
- Having a Huntington Perks Checking or Huntington Platinum Perks Checking account
To earn relationship rates, you’ll need to have either a Perks Checking, Platinum Perks Checking or Private Client account.
Huntington SmartInvest Money Market Account
The Huntington SmartInvest Money Market Account requires a Huntington SmartInvest Checking account to open. You only need 1 cent in the account to start earning interest, and the account offers a competitive rate on balances up to $9,999,999.99.
This account also comes with no monthly service fee, unlimited ATM withdrawals and free checks.
Money Market IRA
Huntington also offers a Money Market IRA. You can open it with only $1, and you can earn a small APY on your balance even if you only have 1 cent in the account. Once your account reaches $2,500, you’ll start earning slightly higher interest rates.
While the return for this account isn’t that much, your Money Market IRA balance can help you reach relationship rate goals for other accounts. There’s also no monthly maintenance fee for this account.
Huntington Reputation and Customer Satisfaction
Bauer Financial gives Huntington National Bank 5 out of 5 stars. A 5-star rating means Huntington is a “superior” institution that Bauer recommends. Huntington has also been accredited with the BBB since 1921, and it has an A+ rating with the BBB.
Huntington National Bank was also ranked No. 1 in customer satisfaction in Pennsylvania and the North Central region in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study. J.D. Power is a global market research company that analyzes data to discern which companies are providing the best products and services.Its mobile app has also received positive reviews. On the Google Play store, it has 4.2 out of 5 stars, based on more than 49,000 reviews. On the App Store, it has 4.8 out of 5 stars, based on more than 211,000 reviews.
The Bottom Line: Is Huntington Bank Right for You?
If you live near a Huntington branch and are looking for a bank that offers a variety of checking account options with great perks, Huntington may be the place for you. It has a strong reputation and a solid online infrastructure for mobile banking.
However, Huntington doesn’t offer great rates on deposit accounts unless you have a higher balance. Other high-yield deposit accounts can easily be found without strict eligibility or balance requirements.
FAQ: Huntington National Bank Reviews
Huntington bank is considered to be a reliable bank since its banking products are insured by the FDIC up to $250,000 per account category.
Huntington may be a good option to bank with if you’re looking for a variety of deposit account options and you live near a branch. However, for access to its most competitive rates, you’ll need to have a very high balance across your Huntington accounts.
One of the disadvantages of Huntington bank is that you generally need a higher collective balance across your Huntington accounts to earn a higher APY.
Methodology
Our team researched more than 100 of the country’s largest and most prominent financial institutions, collecting information on each provider’s account options, fees, rates, terms and customer experience. We then scored each firm based on the data points and metrics that matter most to potential customers. Read our full methodology.
*Data accurate at time of publication
If you have feedback or questions about this article, please email the MarketWatch Guides team ateditors@marketwatchguides.com.
Lauren WardContributor
Lauren Ward is a personal finance writer covering topics like banking, real estate and financial services. Her work has appeared in USA Today Blueprint, Fox Business and more.
Jared MacarinEditor
Jared is an editorial veteran who joined Home Solutions after more than 20 years in the newspaper industry. He has written, edited or designed more than 50 newspapers across the country, winning numerous awards. Jared has also edited and wrote for Forbes Advisor, Lending Tree, The Streamable and Lonely Planet. When he isn’t working, Jared enjoys spending time with his wife on outdoor adventures, watching sports and reading.
