This is a targeted offer, you’ll need to log in to see if you’re eligible.
Offer at a glance
- Maximum bonus amount: $150
- Availability: Ohio, Michigan, Indiana, Pennsylvania, Kentucky and West Virginia
- Deposit Required: $10,000 for 60 days
- APY: 0.05% to 0.2%
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: $10, waivable
- Early account termination fee: $25, 6 months
- Expiration date:
October 6th, 2016August 14th, 2017
The Offer
- Open a new Relationship Savings account with Huntington Bank by October 6th, 2016 and receive a $150 bonus when you deposit $10,000 or more in new funds within 30 days and maintain a balance of $10,000+ for an additional 60 days.
The Fine Print
- Bonus will be deposited within 14 days of meeting the requirements
- Accounts must be open for a minimum of six months or an Early Account Closing Fee will apply.
- Deposits must be new money to Huntington. “New Money” is defined as money that is not currently, or was not previously in the last six months, on deposit in any Huntington account. Transfers from another Huntington deposit account do not qualify.
- Offer is limited to one account per household.
- Remember, for tax purposes you will receive a form 1099-INT from us for your cash bonus.
- As of 8/15/16, the annual percentage yield (APY) for the Huntington Relationship Savings Account standard pricing is 0.05% for all amounts in all rate tiers between $0.01-$99,999,999,999.99. Rates may change as this product is a variable rate product. Fees may reduce earnings.
Avoiding Fees
The relationship savings account has a $10 monthly fee, this is waived with an average daily balance of $2,500 or when linked to a Huntington 5 or 25 checking account. You do need to keep the account open for six months otherwise you’ll be charged a $25 early account termination fee.
Our Verdict
The interest rate on this account is 0.05% APY (up to 0.2% with a linked checking account), you’d be forgoing about $15 in interest for 60 days compared to the best basic savings account. This is actually a pretty good bonus if you have $10,000 in cash you can set aside for 60 days. If this was a public offer, we would add it to our list of the best savings account bonuses. Huntington Bank also offer a good checking bonus of $200 (and no direct deposit requirement), just keep in mind that for this savings promo the funds must be new to Huntington.
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View Comments (11)
They denied the bonus due to me receiving a checking bonus within the last 12 months, even though this was a savings account I guess I missed the fine print, but pretty much done with this bank. Most banks you can't do two checking or two savings so I will be closing all accounts with them. I was considering doing the business account, but I suggest staying away. Looks like if you received any bonus across all accounts during the 12 month period you cannot get a separate bonus on different account.
It looks like the new expiration date is December 4.
https://www.huntington.com/Q3affiliateSAV150
There is now a public offer: https://www.doctorofcredit.com/oh-mi-pa-ky-wv-il-wi-huntington-bank-150-savings-bonus/
New expiration August 14, 2017. Still targeted.
Since this is mostly targeted at present Huntington customers, the way I'm reading the terms you have to know what was your highest balance in ANY Huntington account in the last 6 months, and deposit $10,000 above and beyond that amount to this account to get the bonus.
My wife got the targeted promo. Terms are the same, expires May15, 2017.
And to think, all I have available for deposit now is $99,999,999,999.99! Can't quite reach that next tier...
I found a listing for a fee with the Relationship Savings accounts with ways to have in waived.
"No monthly maintenance fee with average daily balance of $2,500 or when linked to either a huntington 5 or huntington 25 checking account; otherwise $10." https://www.huntington.com/Personal/savings-cds-overview/relationship-savings-account
That link does not work. If you click START SAVINGS NOW button, it will redirect you to page says "This page is not currently available. To inquire about this offer, please call us at 1-866-803-5521 or visit your nearest branch office for more details.".
If you're logged in and targeted it should work.
In the top overview it says 10000 for six months but then it says for 60 days
Thanks, it's only sixty days