Huntington Bank Savings Account Review

Decide if these savings accounts meet your financial needs.

Huntington Bank might be limited geographically, serving only eight states, but this small financial institution is making some big revenue, with a 57 percent rise in the first quarter of 2018. This bank could have what you need if you are looking at savings account options, and live in one of these states:

  • Illinois
  • Indiana
  • Kentucky
  • Michigan
  • Ohio
  • Pennsylvania
  • West Virginia
  • Wisconsin

Keep reading to find the right savings account for you.

Huntington Bank Savings Accounts At-a-Glance
Savings ProductOpening Deposit Rate (APY)Monthly FeesTermsRequirements
Huntington Premier Savings Account$500.02%$0 or $4N/ANo monthly maintenance fee with average daily balance of $300 or when linked to a Huntington Asterisk-Free Checking Account
Huntington Relationship Savings Account$2,5000.05% to 0.25%$0  or $10Receive an additional .10% if your Relationship Savings account is tied to a Huntington 5 Checking; .15% if tied to a Huntington 25 Checking; .20% if tied to a Huntington Private Client AccountNo monthly maintenance fee with average daily balance of $2,500 or when linked to certain accounts
Huntington Relationship Money Market Account$25,000 to earn interest0.00% to 0.77%$0 or $25Introductory rates as high as 1.25%, depending on balance; Non-introductory rate as high as 0.30% depending on balance and accounts linked; Receive an additional 0.10% to 0.20% if your Relationship Savings account is tied to other accountsInitial deposit must be new money to Huntington Bank; No monthly maintenance fee with average daily balance of $25,000 or when linked to certain accounts
Rates accurate as of April 24, 2018, and are based on the 43215 ZIP code. Rates might change based on ZIP code. 

Huntington Bank Savings Account Options

The Huntington Premier Savings account has no monthly maintenance fee if you also have a Huntington Asterisk-Free checking account. Otherwise, you must keep an average daily balance of $300 or you’ll pay $4 per month. When your Huntington Premier Savings account is linked to checking, you can make free checking overdraft protection transfers.

The Huntington Bank website shows that you will get the current savings account interest rate for Huntington Premier Savings when you apply, but the typical rate runs around 0.02% APY.

The Huntington Relationship Savings account requires you to have a Huntington 5 or Huntington 25 checking account to waive the $10 monthly maintenance fee. It’s also waived if you maintain a $2,500 average daily balance. This account comes with an interest bump if you link it to a Huntington 5 or Huntington 25 checking account.

The Huntington Bank website will give you the current savings account interest rate for Huntington Relationship Savings, but the typical rate runs around 0.05% APY, which is subject to change. This interest bumps up to 0.15 percent with a Huntington 5 checking account or 0.20 percent with a Huntington 25 checking account.

The Huntington Bank Relationship MMA is a money market account that also gives an interest increase if you have a Huntington 5 or Huntington 25 checking account. There’s no monthly fee when it’s linked to one of those accounts or if you maintain an average daily balance of $25,000, and the interest rate varies depending on your balance and linked accounts.

Read This: How to Choose a High-Yield Savings Account

Huntington Bank Savings Account Pros

  • There is no cut-off time for deposits, which are recorded on the day you make them, until midnight.
  • Transfers from savings to checking accounts for overdraft protection are free.
  • Review and manage your account with a free mobile app.

Find Out: Questions to Ask Before Opening a Savings Account

Huntington Bank Savings Account Cons

  • The Relationship Money Market Account requires a minimum opening balance of $25,000 to qualify for interest.
  • All Huntington Bank savings accounts require having a checking account or minimum balance to avoid monthly fees.

How to Open a Huntington Bank Savings Account

You must be a U.S. citizen at least 18 years old to apply online, and you must reside in one of the eight states this bank serves. If you meet the criteria, apply online for your new bank account via the following steps:

  1. Gather your Social Security number and driver’s license, passport or other government-issued identification.
  2. Click the “Apply Now” button for your chosen account.
  3. Choose the option for either a single or joint bank account and enter a promo code if you have one.
  4. Log into your existing Huntington Bank account if you have one or follow the prompts to create a new account.

If you have any questions about Huntington Bank savings accounts after reading Huntington Bank reviews or need assistance with opening your account online, call 800-480-2265 at any time.

Related: Here’s Your Huntington Bank Routing Number

Is a Huntington Bank Savings Account Right for You?

Huntington Bank savings accounts are comparable in cost and terms to competitors like Chase and TD Bank. Compare Huntington Bank reviews with those of other banks and choose the financial institution that aligns most closely with your personal banking requirements, as well as geographical requirements.

Click to find out if a CD account or a savings account is better for you.