Huntington National Bank is offering a $300 and a $500 Bonus for new business checking accounts. The offer is available in branch only for residents of Ohio, Michigan, Indiana, Kentucky, and West Virginia.
Bonus Requirements
To qualify for the $300 cash bonus:
- Open a new, qualifying Huntington Fast Track Business Checking account by March 31, 2018
- Make cumulative new money deposits into the checking account of at least $5,000 or more within 60 days of account opening.
To qualify for the $500 cash bonus:
- Open a new, qualifying Huntington Accelerated Business Checking account by March 31, 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.
Accounts must maintain an open account status for at least 90 days before it is eligible for the bonus payment.
Eligibility
This offer is only available to new business checking customers residing in Ohio, Michigan, Indiana, Pennsylvania, Kentucky, Illinois & Wisconsin and West Virginia.
Offer is not available to existing checking customers, including fiduciaries, or those with checking accounts closed within the last six months.
Fees
- Fast Track Business Checking ($300 Bonus)
- $20 monthly fee, waived with:
- $5,000 average collected checking balance or
- $30,000 in combined business lending, checking, savings, CD and money market balances
- $20 monthly fee, waived with:
- Accelerated Business Checking ($500 Bonus)
- $30 monthly fee, waived with:
- $25,000 average collected checking balance or
- $100,000 in combined business lending, checking, savings, CD and money market balances
- $30 monthly fee, waived with:
There’s no early closing fees, but you need to keep account for 6 months to receive bonus.
Guru’s Wrap-Up
The $300 bonus is probably the best option. It doesn’t require a direct deposit, but you need to deposit $5,000 within 60 days to receive the bonus and and you also need to keep that balance for 6 months to avoid a $20 monthly fee. You could also go for the $500 bonus and just keep the $25K in there for two months to complete the bonus requirement and then pay the monthly fee for the other 4 months. You’ll be left with $380, but you also lose out on interest on that large balance.
The bonuses are limited to only a few states and you need to open the account in a branch.
If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Offer Details
- Request Coupon Here
- Bonus: $300 / $500
- Account Type: Fast Track / Accelerated
- Availability: Ohio, Michigan, Indiana, Pennsylvania, Kentucky, Illinois & Wisconsin and West Virginia.
- Expiration Date: 3/31/2018
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: $5K deposit within 60 days / $25K deposit plus 30 transactions within 60 days
- Monthly Fee: $20 (waived with $5,000 balance)
- Closing Account Fee: Must be open for 6 months to receive bonus
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