The bottom line
- Huntington has its strongest presence in Michigan, Ohio, Pennsylvania and Indiana, with fewer branches in other states across the Midwest and Southeast
- Don’t expect to make much money off interest rates
- Good online and mobile accessibility, the options of banking in person and 24/7 phone assistance make customer service Huntington’s greatest strength
|Savings & money market accounts|
|Certificates of deposit (CDs)|
3.5 / 5.0
Huntington’s basic Asterisk-Free Checking account, with no monthly maintenance fee or minimum balance requirement, won’t cost you anything to maintain. But it won’t earn you anything either, with an interest rate at 0%.
Savings and money market accounts
3.0 / 5.0
Huntington’s Premier Savings account will cost you $4 a month if you don’t maintain an average daily balance of at least $300. Savings accounts typically entice customers with interest rates that will grow the money put in them over time. The Premier Savings account’s low interest rate means other savings accounts can get you more for your money.
Certificates of deposit
2.5 / 5.0
Huntington offers a large range of CDs, including a wider-than-average variety of short-term CDs. But interest rates on the bank’s CDs are abysmally low, defeating the purpose of having a CD in the first place.
4.0 / 5.0
Huntington has a well-organized website that makes its fees easy to find. Its mobile apps have decent reviews on iOS and Android, and it offers online banking features such as bill pay and online statements.
Customer service is also robust, with a responsive 24/7 phone help line and a Twitter feed to answer consumer questions. It does have online chat services, but the “Chat Now” button does not always appear.
As a regional bank, Huntington is ideal for customers in Ohio or Michigan, where there are about 400 branches each. Pennsylvania and Indiana also have an ample number of branches.
2.5 / 5.0
All of Huntington’s checking, savings and money market accounts come with a free overdraft protection feature called 24-Hour Grace. If you overcharge your account, you’ll have until midnight of the next business day to pull your balance up to at least negative $5 to avoid overdraft fees. You can also link another account for overdraft protection transfers, which are free.
If you don’t bring up your balance, you’ll be hit with a $37.50 overdraft fee, up to four times a day — that can get expensive quickly. The 24-Hour Grace program doesn’t apply to return fees — fees incurred by bounced checks or automatic payments that didn’t go through because of insufficient funds. And if your balance remains below zero for five days, you’ll be smacked with an additional $25 fee per day.
Low rates; grace period on overdrafts
Updated April 25, 2017.
NerdWallet’s overall ratings for banks and credit unions are weighted averages of several categories: checking, savings, certificates of deposit or credit union share certificates, customer experience and overdraft fees.
Factors we consider, depending on the category, include rates and fees, ATM and branch access, account features and limits, user-facing technology, customer service and innovation.
The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.