Huntington Bank is a regional bank that holds $177 billion in assets across 11 states. If you live in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia or Wisconsin, Huntington is offering up to $600 when you open a new personal checking account or up to $1,000 if you open a new business checking account.
How Can You Earn a Huntington onilne Bank Bonus?
Huntington Bank bonuses are offered to new customers who open new accounts with new money. (New money is any money not currently on deposit with Huntington BankFor personal account customers, Huntington Bank considers reinvested proceeds from maturing certificates of deposit (CDs) to be new money.
Huntington Bank Promotions for 2024
While most personal checking account welcome bonuses require you to receive a minimum amount of money in direct deposits, Huntington Bank’s bonuses only require you to deposit funds into the account. For customers who don’t have a direct deposit or don’t want to switch their direct deposit to a different bank, Huntington Bank’s welcome bonuses may be particularly attractive.
Huntington Bank Checking Account Bonus
Everybody loves a good bonus. Huntington Bank currently offers several new account promotions on both its personal and business checking accounts.
Huntington online Bank Personal Checking Account Bonus Offer: Earn Up To $600
Huntington Bank offers three personal checking account options with this promotion. Monthly maintenance fees range from $0 to $25 and can be waived by holding a minimum balance that varies by account.
What is the offer? Open a Huntington Perks checking account and receive a qualifying direct deposit within 90 days to earn a $400 bonus. Open a Huntington Platinum Perks checking account and deposit $25,000 or more to earn a $600 bonus. You must deposit the qualifying amount within 60 days of opening your account and keep your account open for at least 90 days.
When do you receive your bonus? Your new account bonus will be deposited into your account within 14 days of meeting the bonus requirements.s there a time limit on the offer? Yes. You must apply for a new account by October 7, 2024.
Is this offer available where you live? Applicants must reside in Huntington Bank’s 11-state service area.Can you open this account in-branch? Yes. To open a Huntington checking account in a branch and receive a welcome offer, you must request a coupon from Huntington’s website. Once you receive the coupon, you can bring it to a branch to open your account and sign up for the welcome bonus.
Huntington Online: Earn Up To $1,000
Huntington Bank also offers bonuses when you sign up for a business checking account.The Huntington Business Checking 100 account offers up to 100 monthly transactions and carries no monthly maintenance fees. Huntington Unlimited Business Checking and Huntington Unlimited Plus Business Checking offer unlimited transactions and additional services. .
You may trigger a $20 fee if you don’t keep a Huntington business checking account open at least 180 days.When do you receive your bonus? Your new account bonus will be deposited into your account within 14 days of meeting the bonus requirements.
Is there a time limit on the offer? Yes. You must apply for your new business checking account by September 3, 2024.Is this offer available where you live? To take advantage of the offer, you must reside in Huntington Bank’s 11-state service area.
What Else Should You Know About Huntington Bank Bonus Offers?
Bank account welcome bonuses are generally considered taxable and are reported to the IRS as interest income. For tax purposes, Huntington Bank will send you a 1099-INT for the amount of the cash bonus you receive.
Huntington Bank’s personal and business checking welcome bonuses are only available to new customers. The bank’s terms also state that customers who closed a checking account within the last six months are not eligible to receive a welcome bonus. Huntington Bank limits customers to one bonus per 12-month period, and you cannot receive multiple welcome bonuses if you have multiple businesses. Additionally, government customers and brokers are not eligible to receive welcome bonuses.
How To Open a Huntington online Bank Account
To open an account online, go to Huntington Bank’s website and select the “Open an Account” tab. From there, you’ll be prompted to choose the type of account you’d like to open. If you’re attempting to earn a bonus, you’ll need to apply directly from the offer page or enter your email address to receive a promotional code that you can bring into a branch location.
You’ll need to provide some personal information, such as your name, address and Social Security number as part of the application process. After you’ve completed the application, Huntington will conduct a credit check and verify your identity. If everything goes smoothly, you’ll be approved for an account and can start using it right away.
Bottom Line
If you live in Huntington Bank’s 11-state regional footprint and can meet the “new money” deposit requirements, Huntington Bank offers an easy-to-earn welcome bonus for its business and personal checking accounts. The personal account welcome bonuses are particularly notable for their lack of direct deposit requirements.