Huntington Bank Offers $1000 Business Checking Bonus
Huntington Bank is offering three bonuses for new business checking accounts with the highest cash bonus at $1,000. You can open the account online or go into a branch, but you have to reside in one a few states. That includes OH, MI, IN, PA, KY, WV, IL, and WI. So if you are eligible, check out the details below.
The Offers
Here are the three bonuses that are currently available:
Accelerated Business Checking – $1,000 Bonus
- Open a new Huntington Accelerated Business Checking account
- Deposit $20,000 into your new account within 60 days of account opening and keep your account open for 90 days
Huntington Accelerated Business Checking account has a monthly fee of $30, this is waived with $50,000 in checking balances OR $100,000 in combined business lending, checking, savings, CD and money market balances. Checking account must remain open for a minimum of six months or an Early Account Closing Fee will apply.
Unlimited Business Checking – $400 Bonus
- Open a new Huntington Unlimited Business Checking account
- Deposit $5,000 into your new account within 60 days of account opening and keep your account open for 90 days
Unlimited Business Checking account has a monthly fee of $20, this is waived with Total Relationship balances of $10,000 or more. Checking account must remain open for a minimum of six months or an Early Account Closing Fee will apply.
Business Checking 100 – $100 Bonus
- Open a new Huntington Business Checking 100 account
- Deposit $2,000 into your new account within 60 days of account opening and keep your account open for 90 days
This account has no fees.
Key Terms
- Offers are not available to existing business checking customers, including fiduciaries, or those with checking accounts closed within the last six months.
- Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year.
- Offer valid in OH, MI, IN, PA, KY, WV, IL, and WI.
- Offer expires January 15, 2024.
Conclusion
The maximum bonus that you can receive through this offer $1,000. You need a $20,000 deposit to get the bonus and a $50,000 balance to keep the account fee free. Remember, for tax purposes you will receive a Form 1099-INT for your cash bonus.
You forgot a few states…. “To be eligible for this offer, click Apply Online or Open at a Branch from this page, so that the promotion code is claimed at time of account opening. This offer is only available to applicants residing in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin.”
They are in CO also, just started opening up there, I opened up an account there personally in CO
Do you know what the early account closing fee is?
Huntington Banks are also in MN. Also, they suck real bad. I signed up last year for a $1000 checking offer and a $500 bonus for their business credit card, and it was a nightmare to get them to properly process and then honor the latter. They kept screwing up the offer and took 3 months to fix it and repeated calls to finally get them to accept that it was their fault and not mine. Now, their card it supposed to give x4 on certain categories, except that for the last 2 months, they only have been giving x1. Apparently, it’s a system-wide problem, they say, but in the course of 6-8 weeks, they have been unable to fix it. They are a total sh*tshow, and their CSRs all but admit it. When I closed my checking account and took the money over to Wells Fargo, the teller looked at the check from Huntington and without prompting said something like, “Oh, are they still having trouble over there?”
Yep. What he said.
Also, for MN and OH they require business creation paperwork for opening a Biz Account. No sole prop in name only to setup. Bank manager left that part out when it took me 3 weeks to even nail down a appointment with him alone to try for this bonus. It’s a hard bank imposed regulation, but still very restrictive requirement in light of bank competitors.