Deal has expired, view the best checking bonuses here.
Update: It’s asking for a promo code during the application. Some reps are saying it’s not needed, but last time this was offered it was needed. Do this bonus at your own risk.
Offer at a glance
- Maximum bonus amount:Â $300
- Availability: Must be a resident of Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia or Wisconsin
- Direct deposit required:Â None
- Additional requirements:Â Deposit $1,000 or $2,000 into the account
- Hard/soft pull:Â Â Soft
- ChexSystems: Most DP suggest it doesn’t pull ChexSystems
- Credit card funding:Â None
- Monthly fees:Â None-$5, avoidable
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â October 30th, 2018
Contents
The Offer
- Huntington Bank is offering a bonus of up to $300 when you open a new checking. The two bonuses are as follows:
- Receive a bonus of $300 when you open a new Huntington 5 checking account and make deposits of at least $2,000 into your checking account within 60 days of account opening
- Receive a bonus of $150 when you open a new Asterisk-Free checking and make deposits of at least $1,000 into your checking account within 60 days of account opening
The Fine Print
- Your bonus will be deposited into your new checking account within 14 days of meeting the above requirements.
- Unfortunately, this offer is not available to existing checking customers, including fiduciaries, or those with checking accounts closed within the last six months.
- Huntington reserves the right to limit each customer to one new account related gift incentive per calendar year.
- Remember, for tax purposes you will receive a Form 1099-INT from us for your cash bonus.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Asterisk-Free Checking Account ($200 Bonus)
This account has no monthly fees to worry about
Huntington 5 Checking Account ($300 Bonus)
This account has a $5 monthly fee which is waived if you have a relationship balance of $5,000+ per month.
Early Account Termination Fee
They used to charge an early account termination fee but that is no longer charged. Account does need to be kept open for 90 days and then within 14 days of that the bonus will post
Our Verdict
This might be worth considering over the $500 bonus that is available because that bonus requires $15,000 in deposits to be maintained for 90 days. This is better than the $200 bonus, as it’s the same requirements as for the $300 bonus. We will be adding this to our list of the best bank account bonuses.
Big thanks to reader, Gadget who let us know. Learn how to find bonuses and contribute to the site here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
