Are you hunting (pun intended) for the best checking account bonus? Check out Huntington Bank.

Huntington is currently offering up to $300 to new personal checking account customers and $750 to new business checking account customers. Find out how to take advantage of these promotions and which accounts qualify here. There is still plenty of time.

How to Get up to $300 – Personal Checking

This promotion allows you to earn $150, $200, or $300 when you open a qualifying personal checking account with Huntington bank.

Qualifying accounts include: the Asterisk-Free Checking account, the Huntington 5 Checking account, and the Huntington 25 Checking account. Each account has its own bonus and requirements:

• Asterisk-Free Checking – must deposit at least $1,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $150 bonus.
• Huntington 5 Checking – must deposit at least $1,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $200 bonus.
• Huntington 25 Checking – must deposit at least $25,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $300 bonus.

You will receive your bonus automatically within 14 days of meeting the requirements. You must fund your account with money that is new to Huntington Bank with the only exception being funds that you’re moving from a matured CD. 

Use this link and select “Apply Now” to receive your bonus code and be sure to apply this when opening your new account.

📍 There are location restrictions. Only residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, and Wisconsin can qualify. 

You will not be eligible for this promotion if you currently have or have in the past six months had a checking account with Huntington, even if you have since closed an account. This includes being listed on an account as a joint owner or beneficiary.

This offer is valid through June 7th, 2022. Open an account by then to be eligible. Let’s take a look at each of these personal checking accounts before going into the details of the business checking offers.

Huntington Bank Asterisk-Free Checking Account

There is no monthly maintenance fee for this account. There are also no minimum opening deposit or balance requirements to avoid penalties.

The Asterisk-Free checking account doesn’t have much to it. It does not earn interest or come with many perks, but it does include basic benefits like overdraft protection and free deposits and internal transfers.

There is no fee for in-network ATM transactions but you will pay $3 for every out-of-network ATM transaction. This transaction fee is not reimbursed for this account. There is no fee for using bill pay services, a $0.50 fee per incoming or outgoing Zelle transaction, a $15 fee for each domestic incoming wire transfer and $25 fee for each domestic outgoing wire transfer, and a 3% foreign transaction fee.

You will incur an overdraft fee of $36 when you withdraw beyond the balance of your account, but Huntington offers a 24-hour grace period to all customers to help you avoid this. If you overdraw and get charged the fee, you will have by midnight the next business day to fund your account to cover the full overdraft as well as any pending transactions that will further increase your negative balance in that time. But if you overdraw by less than $50, the fee is waived automatically. 

These account fees and overdraft terms apply to all of the following checking accounts.

Huntington 5 Checking Account

This account has a monthly maintenance fee of $5 that is waived when you maintain a combined balance of at least $5,000 across your Huntington accounts.

This account currently earns interest at a rate of 0.02% for all balance tiers. Up to five out-of-network ATM fees are waived per statement period and you may be eligible for fee reimbursement if you incur charges at non-Huntington ATMs on these transactions. 

Credit Score monitoring is included with this account at no added cost. This includes a quarterly copy of your Experian credit report, a monthly VantageScore alert, access to a credit simulator to understand how different factors affect your credit, and more.

Huntington 25 Checking Account

This account has a monthly maintenance fee of $25 that is waived when you maintain a combined balance of at least $25,000 across your Huntington accounts.

This account currently earns interest at a rate of 0.03% for all balance tiers. You can make an unlimited number of out-of-network ATM withdrawals at no added cost. In addition to waiving your non-Huntington ATM fee, Huntington will reimburse you for third-party withdrawal fees you may incur but will not cover processing or transfer fees.

Credit Score monitoring is also included with this account for free in addition to Identity Monitoring services. When you enroll in Identity Monitoring, Huntington will monitor your Experian report and internet presence for suspicious activity and report on theft attempts.

How to Get up to $750 – Business Checking

This promotion allows you to earn either $100, $400, or $750 when you open a qualifying business checking account.

Open one of the following accounts: Business Checking 100, Unlimited Business Checking, or Unlimited Plus Business Checking. 

See the deposit requirements and bonuses for each account below:

• Business Checking 100 – must deposit at least $2,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $100 bonus
• Unlimited Business Checking – must deposit at least $5,000 within 60 days of opening and maintain this balance for at least 90 days to a $400 bonus
• Unlimited Plus business Checking – must deposit at least $20,000 within 60 days of opening and maintain this balance for at least 90 days to earn a $750 bonus

After meeting these requirements, your bonus will be deposited into your account automatically within 14 days of qualifying. You must deposit new money and cannot transfer the funds from another Huntington personal or business account.

Make sure you apply using this link to get your bonus code. You can also open your new account in person by selecting “Open at a Branch” below the offer to request a coupon to be sent to your email and presenting this.

You cannot qualify for this offer if you already have a business checking account with Huntington or have had an account, open or closed, within the past six months.

Note that there are location restrictions for this promotion as well. You are only eligible for a bonus if you live in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, and Wisconsin. 

The deadline to open your new account is July 7th, 2022. 

Note that if you close your account within 180 days of opening, you will not forfeit your bonus but will be charged an Early Account Closing Fee.

Huntington Bank Business Checking 100 Checking Account

This account does not have a monthly maintenance fee and there is no minimum balance required to open or keep your account (except for the $2,000 required to earn the $100 bonus).

The Huntington Business Checking 100 account allows for up to 100 business transactions at no charge per statement period. This includes checks you write or deposit, incoming ACH transfers, purchases made with your debit card, bill payments, and other business-related spending. If you exceed this limit, you will pay $0.50 for each transaction after.

You are permitted to make up to $5,000 in cash or currency deposits per month without incurring any fees. After that, you’ll pay a fee of $0.30 for every $100 you deposit. 

This account does not earn interest. It includes 120 days of a Reverse Positive Pay bonus service at no added cost. This is a fraud protection tool that detects suspicious activity and reports this to you for approval so you can decide if a payment should be returned. After this trial period, this service costs $5 per month if you decide to continue.

Because this account has a lower transaction limit, it’s going to be best for small businesses, entrepreneurs, and startups. But if you see yourself making more than 100 transactions in a month or depositing more than $5,000, check out the next two accounts instead.

Huntington Bank Unlimited and Unlimited Plus Business Checking Account

The following two business checking accounts options are very similar, so we’ll just point out what makes them different.

Huntington Bank Unlimited Business Checking Account

The Huntington Unlimited Business Checking account has a $20 monthly maintenance fee that is waived when you maintain a combined balance of at least $10,000 across your Huntington deposit accounts. This can include all of your checking accounts, savings accounts, MMAs, and CDs with Huntington. This is the only way to waive the fee.

The Huntington Unlimited Business Checking account allows for unlimited business transactions at no charge and up to $10,000 in cash or other deposits per statement period. This option also includes one Bonus Service for free for the entire time the account is open and in good standing. Choose from the following:

• Reverse Positive Pay – an early fraud detection tool
• Huntington Deposit Scan – up to 50 free mobile check deposits per month
• Payroll – 10% off payroll services through Paychex
• Wires – two free incoming domestic wire transfers per month (otherwise $18 each)
• Returned Deposited Items – up to 25 free returned items per month (otherwise $13 each)

You choose your Bonus Service when opening your account.

The same overdraft services and terms outlined above apply for this account as well as the Huntington Unlimited Plus Business Checking account. 

This is not an interest-bearing checking account.

Huntington Bank Unlimited Plus Business Checking Account

This account has a $40 monthly maintenance fee that is waived when you maintain a combined balance of at least $50,000 across your Huntington deposit accounts.

The Huntington Unlimited Plus Business Checking account allows for unlimited monthly business transactions and up to $25,000 in cash or currency deposits per statement period.

This account earns interest by balance, but you’ll need to talk with a representative to find out what rate you qualify for. Rates are not publicly disclosed.

Two Bonus Services are included with this account at no added cost. Choose from Fraud Tool, Huntington Deposit Scan, Payroll, Wires, and Returned Deposited Items when setting up your account.

We recommend this account for you if you have a larger business and will be able to take advantage of the transaction and deposit limits and suite of available perks. 

Final Thoughts

These are decent checking accounts overall when you can qualify for the bonus offers. If you plan to keep a high balance and can avoid the monthly fees, the Huntington 25 and Unlimited Plus Business Checking accounts are the most rewarding. 

But as the only way to waive account fees is to maintain a balance, these accounts aren’t for you if you want a free option and don’t plan to keep much money in Huntington accounts. Also, the rates on the accounts that do earn interest are not competitive at all. If you’re looking for a high-yield checking account or if you do not live in a qualifying state, then these accounts aren’t going to work for you.