Huntington Bank Review: Checking, Savings and CDs

If you live within Huntington Bank's branch network, it can be a solid bank to stow your money.

Amber Murakami-FesterNovember 19, 2019

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Overall bank rating

Huntington National Bank
  • Savings

    Savings

  • Checking

    Checking

  • CD rates

    CD rates

  • Banking experience

    Banking experience

  • Overdraft fees

    Overdraft fees

3.5

NerdWallet rating 

The bottom line: If you’re in the Midwest or Southeast and are looking for a no-frills bank to stow your money, Huntington Bank will get the job done. Low and easily avoidable fees are a draw, but low interest rates are a drag.

Pros

  • Easy to avoid fees.

  • Strong branch network in the Midwest.

Cons

  • Low interest rates on checking, savings and CDs.

  • Overdrafts, if they happen, can get expensive.

Full review

Huntington National Bank Huntington National Bank Premier Savings Account

Huntington National Bank Premier Savings Account

3.5

NerdWallet rating 
APY

0.02%

With $0 minimum balance

The Premier Savings account has a $4 monthly fee, but it is easy to avoid. It can be waived with a linked Asterisk-Free Checking account or $300 average daily balance. You’ll need $50 to open a Premier Savings account, and it earns interest even if the balance drops lower than that amount. But with a low rate, you probably won't see your money grow much.

Huntington National Bank Huntington National Bank Asterisk-Free Checking®

Huntington National Bank Asterisk-Free Checking®

4.5

NerdWallet rating 
Monthly Fee

$0

Huntington’s basic Asterisk-Free Checking account won’t cost you anything to maintain, but with no interest, it won’t earn you anything either. But the account has no monthly maintenance fee and no minimum balance requirement.

The bank has 1,800 ATMs, a solid number for a regional bank.

Huntington National Bank CD

Huntington National Bank CD

1.5

NerdWallet rating 
1-year APY

0.05%

3-year APY

0.15%

5-year APY

0.25%

Minimum Deposit

$1,000

Huntington offers a large range of CDs, including a wide variety of short-term CDs, but interest rates are mostly very low. The minimum deposit of $1,000 is pretty standard for large institutions, but some banks don’t have any minimum.

Banking experience

4.5

NerdWallet rating 

Huntington has nearly 1,000 branches, mostly across the Midwest. In addition, the bank has a daily 6 a.m. to midnight ET phone line, a Twitter feed to answer consumer questions and chat support. It also offers a full deck of standard online banking features, like bill pay and paperless statements. Huntington Bank’s mobile apps receive solid ratings.

Overdraft fees

3.0

NerdWallet rating 

Huntington offers 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. Customers should note that the first overdraft fee in a 12-month period is $23. And if your balance remains below zero for five days, you’ll be charged an additional $25 fee every five business days, up to four times.

Huntington National Bank Huntington National Bank Premier Savings Account

Huntington National Bank Premier Savings Account

3.5

NerdWallet rating 
APY

0.02%

With $0 minimum balance

The Premier Savings account has a $4 monthly fee, but it is easy to avoid. It can be waived with a linked Asterisk-Free Checking account or $300 average daily balance. You’ll need $50 to open a Premier Savings account, and it earns interest even if the balance drops lower than that amount. But with a low rate, you probably won't see your money grow much.

How does Huntington National Bank compare?

APY

0.60%

With $0 minimum balance

APY

0.01%

With $0 minimum balance

Bonus

N/A

Bonus

$150

Requirements to qualify

RATING METHODOLOGY

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, banking 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.