Huntington Business Banking Review – Checking, Savings & More

Huntington Bank has a lineup that is comprehensive of bank accounts. These include three checking accounts tailored to the needs of small and midsize enterprises, three business that is feature-rich accounts, a myriad of business credit products, and powerful value-added online banking capabilities housed in Huntington’s Hub for Business.

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If you’re in search of a business that is new partner, Huntington Bank (member FDIC) deserves a closer look. Read on for an overview of its account options, features, capabilities, and suitability that is overall business users.

Huntington Bank Business Checking Accounts

Huntington Bank’s three business checking accounts appeal to business that is distinct:

  • Huntington Business Checking 100 is ideal for smaller businesses and startups with lower transaction volumes and less complicated financial needs overall.
  • Huntington Unlimited Business Checking works well for growing businesses that have higher checking activity and greater cash flow needs.
  • Huntington Unlimited Plus Business Checking appeals to larger businesses with even higher transaction that is monthly and much more complicated treasury management requirements.

Business Checking 100

Huntington Business Checking 100 is Huntington Bank’s monthly-fee-free business account option that is checking. Its most notable features and capabilities include:

  • 100 monthly transactions
  • Deposit up to $5,000 in cash or currency in-branch that is monthly at an ATM
  • Free 120-day trial of fraud mitigation tool Reverse Positive Pay
  • No monthly maintenance fee or minimum balance requirement

Plus, for a restricted time, you can make a $100 bonus as soon as you open a Huntington Bank Business Checking 100 account and complete qualifying activities. Simply do the Open that is following new Business Checking 100 account before Feb. 5, 2023

  • .
  • Make Cumulative money that is new with a minimum of $2,000 within two months of account opening.
  • Keep your bank account open for no less than ninety days.

    Complete These activities that are qualifying you should receive your $100 bonus in your account within 14 business days.

    Unlimited Business CheckingHuntington Unlimited Business Checking

    has a $20 maintenance fee that is monthly. You can easily waive this fee in virtually any statement cycle with $10,000 in combined deposit relationship balances.

    • Huntington Unlimited Business Checking has many additional features and capabilities worth noting:
    • Unlimited transactions or more to $10,000 in cash or currency deposits monthly in-branch or at an ATM at no cost; $0.30 fee for every $100 after

    Your range of one bonus that is additional, such as two incoming domestic wire transfers per monthPlus, through Feb. 5, 2023

    • , you can earn a $400 bonus when you open a new Huntington Bank Unlimited Business Checking account and qualifying that is complete. Simply do the Open that is following new Unlimited Business Checking account before
    • Feb. 5, 2023
    • .

    Make Cumulative money that is new with a minimum of $5,000 within two months of account opening.

    Keep your bank account open for no less than ninety days.

    After completing these activities that are qualifying you should receive your $400 bonus in your account within 14 business days.Unlimited Plus Business Checking

    Huntington Unlimited Plus Business Checking

    • has a $40 maintenance fee that is monthly. You can easily waive this fee in virtually any statement cycle with $50,000 in combined deposit relationship balances.
    • Huntington Unlimited Plus Business Checking has many additional features and capabilities worth noting:

    Unlimited transactions or more to $25,000 in cash or currency deposits monthly in-branch or at an ATM at no cost; $0.30 fee for every $100 afterYour range of two bonus that is additional, such as up to 25 returned deposit items per month and two free incoming domestic wiresPlus, through

    • Feb. 5, 2023, you can earn a $750 bonus when you open a Huntington that is new Bank Plus Business bank account and do the annotated following: Open a brand new Unlimited Plus Business bank account before
    • Feb. 5, 2023
    • .

    Make Cumulative money that is new of at least $20,000 within 60 days of account opening.

    Huntington Bank Business Bonus Terms

    Keep your account open for a minimum of 90 days.

    After completing these activities that are qualifying you ought to receive your $750 bonus in your bank account within 14 working days.

    Other Huntington Bank Business Products and Features

    Huntington Bank’s business vertical is over the sum its three checking accounts. The financial institution also markets three business that is competitive products, several business credit products, and an impressive array of Business Hub tools that every Huntington Bank business account holder can use at no additional cost.

    • Business Savings Accounts
    • Huntington Bank offers:
    • A business money market account that earns interest

    A savings account for business users

    Business certificates of deposit (CDs)money marketBusiness Premier Plus Money Market Account

    The Business Premier Plus Money Market Account is an interest-bearing

    account that comes with a debit that is free (the Huntington Debit MasterCard® BusinessCard®). You can easily order cards with full or functionality that is limited as many authorized employees as you like.

    This account has a $10 service fee that is monthly. To waive the fee, simply maintain an savings that are average of $10,000 or more. And to earn a higher interest rate, open a qualifying Huntington Bank business account that is checking. 

    Business Premier Savings

    The Business Premier checking account is made for businesses with significantly less than $10,000 in savings. Balances don’t earn interest, but in the side that is bright it’s easy to waive the $4 monthly service fee with an average balance of $300 or more.

    Business CD

    Huntington Bank’s business CD is an interest-bearing deposit account with no service fee that is monthly. Early withdrawals may incur a penalty; see terms for details.

    • Business Credit Products
    • Huntington Bank has a small business rewards credit card without any fee that is annual plus several types of business loans:
    • Real estate loans
    • Term loans
    • SBA-guaranteed loans

    Specialty practice loans (dental and vet practice loans)

    Huntington Bank Business Credit Card

    Business lines of creditFor more about Huntington’s business loans and lines of credit, speak with a Huntington loan officer or visit your local branch.

    Voice Business Credit Card

    • SM
    • The Voice Business Credit Card is a small-business cash-back credit card with a rewards that are flexible. Select one away from 10 categories where you’ll earn 4% cash return on as much as $7,000 in eligible purchases each quarter. That’s as much as $28,000 in eligible purchases each and every year. Find the category that best suits your business’s spending needs:
    • Gas stations
    • Restaurantswarehouse stores
    • Travel and entertainment
    • Discount and
    • Grocery stores
    • Utilities and office supply stores
    • Electronics, camera, and computer stores
    • Department, apparel, and sporting goods stores

    Home improvement stores

    Auto parts and service stores

    Plus, you’ll earn 1% cash return on all the other purchases that are eligible. You can redeem for cash, gift cards, travel, merchandise, and more at Huntington’s rewards portal.

    • Additional Features of Huntington Bank Business (Hub for Business)Huntington Bank offers some important features that are additional capabilities through its Hub for Business. These generally include:
    • Spend Analysis. This tool can help you categorize spending that is past. It provides visibility into how your spending is distributed across different areas of your budget. That makes it easier for you to identify potential areas of overspending or opportunities to make investments that are new your online business. 
    • Look Ahead Calendar. You are given by this tool an overview of future business expenses and income. It’s designed to help organize inflows and outflows before they actually occur and simplify budgeting projections.

    Cash Position and Cash Flow Forecast

    . These tools offer another angle on your cash flows, providing visibility into where you’re spending too much and where you might have opportunities to boost spending.

    Huntington Bank Business Ksps

    Plus, all Huntington business bank accounts come with overdraft protection featuring grace that is 24-hour. This particular aspect ensures you’re not charged an protection that is overdraft if you correct a negative balance within 24 hours.

    See the screenshot below for more details on key Huntington Bank Business features.Advantages of Huntington Bank Business CheckingHuntington Bank’s business clients enjoy some advantages that are key. The highest are its attractive account bonus that is opening for new checking customers, the capabilities of the Voice Business Credit Card

    • SM, and the powerful cash flow and spend tracking tools available to all business users.
    • Attractive Account Opening Bonus Opportunities for New Checking Customers. New Huntington Bank business checking customers can earn up to $750 bonus cash when they open an eligible account that is new complete qualifying activities. The bonus amount that is highest is available to new Unlimited Business Plus Checking customers who make at least $20,000 in qualifying deposits during the qualification period.
    • No Monthly Maintenance Fee on Business Checking 100. The Business Checking 100 account has no maintenance fee that is monthly. That means it is suitable for startups and smaller businesses (including businesses that are single-member with lower transaction requirements.
    • Earn Interest on Balances in the continuing business Premier Plus Money Market Account. Balances held in your company Premier Plus Money Market account earn interest. That’s a incentive that is nice hold reserve cash — funds your business doesn’t need right away — in this account rather than a checking account that doesn’t earn interest.
    • Powerful Cash Flow and Spend Tracking Tools. Huntington Banks Hub for Business (Business Hub) makes some potentially powerful financial tools available to business customers at no charge that is additional. Use Spend Analysis to categorize and track spending that is past Cash Flow Forecast to predict future cash flows, and the Look Ahead Calendar to plan future investments in your enterprise.Business Rewards Credit Card With No Annual Fee. The Voice Business Credit Card
    • SM has an unusually generous and rewards that are flexible that’s very easy to fit to your organization needs. Better yet, it offers no fee that is annual so you won’t have to pay a recurring charge simply for keeping your account active.
    Huntington Bank Business Capabilities

    24-Hour Grace on Overdrafts

    . Huntington Bank’s 24-hour grace feature ensures you’re not charged an overdraft fee when you correct an eligible negative balance in your Huntington account within the grace period that is 24-hour. 

    • Disadvantages of Huntington Bank Business CheckingNo financial institution is ideal. Huntington Bank falls short from the tough fee that is monthly for its Unlimited and Unlimited Plus checking accounts and the high deposit requirement for the Unlimited Plus account’s new member bonus opportunity.
    • Strict Monthly Fee Waivers for Unlimited and Unlimited Plus Business Checking. Huntington Bank’s Unlimited and Unlimited Plus Business Checking accounts come with monthly maintenance fees by default. You can get these fees waived with qualifying activities, but the requirements could be challenging for some continuing businesses.

    High Initial Deposit Dependence On the Unlimited Plus Business Checking Bonus

    . The Unlimited Plus Business Checking bonus requires a cumulative deposit that is initial of20,000 or more during the qualification period. Depending on your company’s margins and cash flow situation, this could be a threshold that is difficult clear.

    How Huntington Bank Stacks Up( Huntington that is*)Not sure Bank right for your business? See how it stacks up against another business that is popular: Chase for Business. Huntington Bank
    Chase Bank Account Opening Bonus Up to $750
    Up to $300 Monthly Maintenance Fees $0 to $40
    $15 to $95 Fee Waiver Reqs Strict
    Strict Business Credit Cards One

    Four, plus co-brands

    Is Huntington Bank Legit for company owners?Yes, Huntington Bank is legit

    . Because you don’t live in an area where Huntington has branches if you haven’t heard of it, it’s probably. It’s a bank that is dominant the Midwest and Ohio Valley regions, with over 1,000 branches and thousands of fee-free ATMs.


    Huntington Bank is not always the bank that is best for business users. In fact, it has some downsides that are significant as we’ve explored. Nonetheless it’s not a fraud. Thousands of people have good stuff to express about Huntington.

    Final WordHuntington Bank

    • ’s business vertical has got the possibility to be a partner that is fantastic your enterprise grows. Its products and services include:maintenance-fee-free business checking accountThree checking accounts each tailored to the needs of a business that is particular, including a
    • for startups and small companies.
    • Three savings options, including a money market account that pays interest on reserve cash you don’t need right now.
    • Several business credit products, including a company bank card with flexible rewards with no annual fee.

    Powerful cash forecasting and spend tracking tools.

    If any one of this seems like a fit that is good your online business, you’re ready to grab the next thing and find out more about Huntington Bank.(*)

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