Extended to 2/10/25
Extended to 1/7/2025
Extended to September 3, 2024
Extended to 4/30/2024
Update 9/5/23: Extended to January 15, 2024
Update 5/25/23: Deal is back through September 7th (ht Lochquel)
Update 5/8/23: Valid until May 22, 2023.
Update 12/2/22: There is a new link with a maximum bonus of $1,000. This has a holding period of 60 days. Hat tip to JW
Update 10/24/22: Extended until Feb. 5 2023.
Update 7/4/22: Extended until November 7th.
Update 3/8/22: $1,000 bonus back down to $750.
Update 11/4/21: $750 bonus is now $1,000 with the same requirements. Also available in CO,MN, SD, and WI after the TCF Bank acquisition.
Update 8/16/21: Deal is bac through November 7, 2021. Accounts can be opened online, but sadly the monthly fees are no longer being waived. Hat tip to justmeha
Update 7/13/20: Deal is back and valid until October 7th, 2020. Deal is even better than first thought as they are waiving fees on the Unlimited Business & Plus accounts until 12/20.
Offer at a glance
- Maximum bonus amount: $300/$500
- Availability: OH, MI, IN, PA, KY, WV & IL. In branch only [Branch locations]
- Direct deposit required: No
- Additional requirements: Deposit $5,000/$25,000
- Hard/soft pull: Soft
- ChexSystems: No
- Credit card funding: None
- Monthly fees: $20-$30, avoidable
- Early account termination fee: 180 days, bonus forfeit
- Expiration date:
September 30th, 2017January 7th, 2018March 31st, 2018 June 30th, 2018 September 30th, 2018December 31st, 2018April 15th, 2019 April 7, 2020 July 7thOctober 7th, 2020
Contents
The Offer
- Huntington Bank is offering a bonus of $1,000 when you open a new Unlimited Plus Business Checking account in branch using a coupon. Requirements are as follows
- Make cumulative deposits of at least $20,000 within 60 days of account opening. Must keep for 60 days as well
- Huntington Bank is offering a bonus of $400 when you open a new Unlimited Business Checking checking account in branch using a coupon. Requirements are as follows:
- Make cumulative deposits of at least $10,000 within 60 days of account opening (was previously $5,000) Must keep for 60 days as well
- Huntington Bank is offering a bonus of $200 when you open a new Business Checking 100 checking account in branch using a coupon. Requirements are as follows:
- Make cumulative deposits of at least $2,000 within 60 days of account opening Must keep for 60 days as well
The Fine Print
- To be eligible for this offer, click Email My Coupon from this page, so that the promotion code is claimed at time of account opening. This offer is only available to applicants residing in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia or Wisconsin
- To qualify for the $750 cash bonus, you are required to open a new, qualifying Huntington Accelerated Business Checking account during the promotional period between April 1, 2018 and June 30, 2018, make cumulative new money deposits into the checking account of at least $25,000 or more and make at least 30 transactions within 60 days of account opening.
- A transaction includes any combination of checks paid, deposit tickets, deposited checks (except those you process through a remote deposit scanner), incoming ACH debits and credits, debit card purchases, and bill payment transactions made through Huntington’s Online Bill Pay service.
- Account must maintain an open account status for at least 90 days before it is eligible for the bonus payment
- Your $750 bonus will be deposited into your new business checking account within 14 days of meeting all of the above requirements. Your business checking account must remain in an open status to receive the bonus. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.
- This offer is only available to new business checking customers. All existing Huntington business checking customers, including those with any relationship (including fiduciary) to any other Huntington business checking account, or those who closed a business checking account within the last six months, are not eligible. Public Fund/Government Banking dollars and Brokers are not eligible for this offer
- Transfers from another Huntington deposit account do not count as a deposit. This offer cannot be used in combination with any other business checking offer.
- Huntington reserves the right to limit an individual business owner with multiple businesses to one account-related gift incentive per rolling 12-month period across all deposit account relationships.
Avoiding Fees
You don’t have to pay the monthly fees for the first three months. Update: The 3 month fee waiver no longer applies
Business Checking $100 ($0 Monthly Fee – $200 Bonus)
This account has no monthly fee to wory about.
Unlimited Business Checking Checking ($20 Monthly Fee – $400 Bonus)
This account comes with a monthly fee of $20, avoid the fee for any monthly statement period where the
total deposit relationship balance is at least $10,000.
Unlimited Plus Business Checking ($30 Monthly Fee – $750 Bonus)
This account comes with a monthly fee of $40, Avoid the fee for any monthly statement period where the total deposit relationship balance is at least $50,000.
Early Account Termination Fee
Thes accounts needs to be kept open for a minimum of six months, otherwise you will forfeit the bonus.
Our Verdict
Sometimes you can get a bonus of $500 for opening a fast track business checking account, the nice thing about that offer is that it’s a lot easier to keep fee free. This $750 bonus is as high as the accelerated bonus goes. Keep in mind you’d need to keep $25,000 deposited for six months to keep the bonus and avoid any fees. There are no fees for the first three months so you’d really just want to deposit $20,000 then withdraw it and then add $25,000 again later to keep it fee free (or just pay $90 in fees). If you put that into an account earning 2% APY you’d earn $125 I will add this to the list of the best business checking bonuses available because this is as high as this bonus goes. There is also a $200 personal checking bonus that is worth doing (not currently available sadly. Hopefully somebody finds a working link). People have successfully gotten both the business & personal checking account bonuses before.
Big thanks to reader, Charles DoC Fan 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
Bonus History
- Update 5/1/20: Deal is even better than first thought as they are waiving fees on the Unlimited Business & Plus accounts until 12/20. Hat tip to reader P J
- Update 4/30/20: Extended until July 7th, 2020.
- Update 1/2/20: Extended until April 7, 2020. Hat tip to reader Kyle
- Update 10/10/19: Deal is back and valid until December 31st, 2019 (note the fine print on the landing page says 9/30 but when you e-mail yourself a code it says December 31st, 2019). $750 bonus only requires a deposit of $20,000 instead of $25,00 now as well. Hat tip to reader Mystique
- Update 01/06/19: Valid until April 15th, 2019. Hat tip to reader YAR
- Update 10/01: Valid until December 31st, 2018. Hat tip to reader YAR
- Update 09/03: Deal is much better as the monthly fees are waived the first three months. Hat tip to MyChurn2000.
- Update 07/03: New links have been found. Thanks to reader Ampersand. $200 bonus has also returned
- Update 07/01: Bonus has now expired, view more checking account bonuses here.
- Update 05/18/18: Bonus has been increased to $750 again. Hat tip to reader Ampersand.
- Update April 1st, 2018: You can now only get a $400 bonus for opening the fast track business bonus. Accelerated offer not currently available.
- Update January 8th, 2018: Bonuses are back and valid until March 31st, 2018. Fast track business checking bonus has been reduced from $350 to $300 and Accelerated bonus has been decreased from $750 to $500. Hat tip to reader akaak
- Bonuses are back and available again until January 7th, 2018. Thanks to reader Stephan. Fast Track bonus has been decreased to $350 from $500.
1/8/25 Opened in branch.
2/5/25 $20K in-branch deposit & online transfer (they questioned why the transfer was from my personal account but luckily I was at the branch to tell them it was kosher)
3/17/25 $40 fee waived
4/6/25 $20K pull withdrawal.
4/15/25 $1K bonus credited & $40 fee waived
4/16/25 w/d from branch & downgrade as my experience with pushing from Huntington personal a/c was horrible. It took a whole week just to link an external a/c!
Interesting new language in T+Cs:
“This offer is only available to new business checking customers. All existing Huntington checking customers, including those with any relationship (including fiduciary) to any other Huntington business checking account, or those who closed a checking account within the last 12 months, are not eligible. Public Fund/Government Banking dollars and Brokers are not eligible for this offer. Eligible checking accounts for this offer are Unlimited Business Checking and Unlimited Plus Business Checking. Transfers from another Huntington deposit account do not count as a deposit. This offer cannot be used in combination with any other checking offer. For tax purposes, you will receive a from 1099-INT from us for the cash bonus. Huntington reserves the right to limit an individual or business owner to one cash incentive within a rolling 24-month period across all their account relationships, both business and consumer.
Additional Clarification: Encouraging Responsible Use: We encourage our valued customers to take advantage of cash promotional offers. However, to ensure fairness, we monitor for patterns of repeated use that may indicate misuse. Example: If you receive a cash incentive for opening a new business account and then another for a personal checking account, you may not be eligible for another cash incentive for any new accounts until 24 months have passed since the most recent payment. Preventing Abuse: Customers who open multiple accounts solely to receive cash incentives and then close them shortly after may be subject to this rolling 24-month limit. This helps us maintain the integrity of our cash promotional programs. Monitoring and Analysis: We use reporting tools to identify such patterns and make decisions based on careful analysis. This policy ensures that our offers are fair and benefit genuine customers. Huntington reserves the right to close an account at our discretion, prior to promotional requirements being met, and without a promotional payment if promotions abuse is suspected.”
That is interesting. I noticed in the last couple of years I was getting denied for opening both a personal and businesses checking more frequently. I churned Huntington like clockwork for a few years starting in 2017.
Looking back it was roughly 2 years between my last close and being able to open a personal account again in 2024. I kept this most recent account open for a little over a year and used it quite frequently. I’ll probably just start treating it like Chase and only attempt every couple of years and keep the account open for a while.
“including those with any relationship (including fiduciary) to any other Huntington business checking account, or those who closed a checking account within the last 12 months, are not eligible.“
The “those who closed a checking account” sounds like it encompasses personal checking accounts as well… I was eying up an in branch appointment today to try this but I just received a personal checking bonus and closed it out in January…
I received the business checking bonus 2 months after the personal bonus in 2024. I’ve done this many times in the past as well
Churned autist
12/23/24 Opened OOS in branch.
12/27/24 $20.1k in-branch check deposit.
2/27/25 $20k pull withdrawal.
3/25/25 $1,000 bonus credited (bonus always paid on Tuesdays).
No fees assessed because I was doing the consumer bonus at the same time and had a Platinum Perks consumer checking account.
Will now downgrade to the Business 100 and wait out the clawback period.
“This offer is only available to new business checking customers. All existing Huntington business checking customers, including those with business checking accounts closed within the last 12 months, are not eligible.”
I plan to reapply this account next month but I notice the new language. It used to be 6 months!
Well shit, good catch. I didn’t notice that change and just opened a new biz account for P2 after 6 months. Guess I need to scrap that plan.
Since this requires holding funds for 60 days, anyone had any luck buying any form of CD during this period?
approved within a day, sole prop, no doc upload necessary
My account was opened on 1/15/25 and $20K available on 2/1/25. $40 monthly fee charged today but waived the same day. They will charge monthly fee after 30 days.
The 3 month fee waiver no longer applies
Anyone how to waive monthly fee?
I signed up on 11/20/24 and the monthly fee has been waived for me. I signed up in bank and it explicitly stated on the bankers screen that the fee was waived for three months.
Thanks! Do you have link where the fee will be waived for three months?
Nope sorry, I never saw it on any documentation other than the screen at the bank. I’ve only had my account open for two months, but so far so good.
Extended to June 9th
10/21/2024: Account Opened:
11/07/2024: 20K deposit
01/21/2025: 1k Bonus