Huntington Bank is offering great deals for businesses opening new checking accounts in 2024. These deals are only available for a short time. They let entrepreneurs and small business owners earn cash bonuses by meeting certain requirements.
Whether you’re new to Huntington or already a customer, these offers can boost your business banking benefits.
Key Takeaways
- Huntington Bank is offering cash bonuses for opening new business checking accounts in 2024.
- Bonus amounts range from $100 to $1,000, depending on the account type and deposit requirements.
- Eligibility is limited to new business customers in select states, and accounts must remain open for at least 90 days to receive the bonus.
- Specific deposit minimums must be met within 30-60 days of account opening to qualify for the cash bonuses.
- Huntington’s business checking account options include versatile features and services to support the financial needs of small businesses.
Huntington Bank Business Checking Account Promotions
Huntington Bank has great deals for new business checking customers. You must live in states like Colorado, Illinois, or Wisconsin to get these offers. These deals are only for new customers, not for those who already have an account or closed one in the last 6 months.
Cash Bonus Offers
New customers can get cash bonuses for opening certain accounts. You can get a $100 bonus for a Business Checking 100 account with a $2,000 deposit. For an Unlimited Business Checking account, you need a $5,000 deposit for a $400 bonus. And, a $1,000 bonus is available for an Unlimited Plus account with a $20,000 deposit.
The bonus doesn’t count towards the deposit needed. You must bring in “new money” not already with Huntington. The bonus will be in your new account within 14 days of meeting the requirements.
| Account Type | Bonus Amount | Deposit Requirement |
|---|---|---|
| Business Checking 100 | $100 | $2,000 |
| Unlimited Business Checking | $400 | $5,000 |
| Unlimited Plus Business Checking | $1,000 | $20,000 |
Public funds and brokers can’t get these bonuses. Your account must stay open for 90 days to get the bonus.
Business Checking Account Options
Huntington Bank has many business checking accounts. They fit the needs of start-ups, independent contractors, and growing companies. Each account is designed to meet your financial needs.
Unlimited Plus Business Checking
The Huntington Unlimited Plus Business Checking is for big companies. It has unlimited transactions and is interest-bearing. You get two bonus services.
The $40 monthly fee can be waived. You need a $50,000 total relationship balance or a qualifying personal checking account. It also has no fees for up to $25,000 in monthly cash deposits. Fees are $0.30 per $100 for more.
Unlimited Business Checking
The Huntington Unlimited Business Checking is for businesses with more activity. It has unlimited transactions and one bonus service. The $20 monthly fee can be waived.
You need a $10,000 total relationship balance or a qualifying personal checking account. It has no fees for up to $10,000 in monthly cash deposits. Fees are $0.30 per $100 for more.
Business Checking 100
The Huntington Business Checking 100 is for start-ups and small businesses. It has up to 100 monthly transactions with no monthly fee. You get a free 120-day trial of Reverse Positive Pay fraud tool.
This account has no fees for up to $2,500 in monthly cash deposits. Fees are $0.30 per $100 for more.
Benefits of Huntington Business Checking Accounts
Huntington Bank’s business checking accounts have many features to help manage your money. They are great for small startups or big companies. These accounts offer tools and services to make your daily work easier.
One big plus is keeping your personal and business money separate. This makes keeping records and doing taxes easier. It also looks more professional when you make payments. Plus, you can get lines of credit or business credit cards to buy more and be more flexible.
Huntington’s accounts let you access your money anytime, anywhere. They offer services like cheaper payroll, free wire transfers, and fraud protection. These are all part of a business banking features package to meet your needs.
There are also special checking accounts like Unlimited Plus Business Checking and Unlimited Business Checking. They have checking account perks like no limits on transactions, earning interest, and help with money going in and out. These features help you manage your money better and grow your business.
In short, benefits of Huntington business checking include keeping your money separate, professional payment handling, access to credit, 24/7 support, and extra services. Choosing a Huntington business checking account gives your company the tools it needs to succeed.
| Account Feature | Unlimited Plus Business Checking | Unlimited Business Checking | Business Checking 100 |
|---|---|---|---|
| Monthly Maintenance Fee | $40, waived with $50,000 total deposit relationship balance or specific personal checking account | $20, waived with $10,000 total deposit relationship balance or Huntington Perks Checking® | $0 |
| Transactions | Unlimited | Unlimited | 100 per month |
| Cash Deposits | First $25,000 free, $0.30 per $100 after | First $10,000 free, $0.30 per $100 after | First $2,500 free, $0.30 per $100 after |
| Value-Added Services | Fraud Tool, Remote Deposit Capture, Payroll services discount, 2 free incoming domestic wires per month, no return deposit item fees on up to 25 occurrences per month | Fraud Tool, Remote Deposit Capture, Payroll services discount, 2 free incoming domestic wires per month, no return deposit item fees on up to 25 occurrences per month | 120-day free trial of Reverse Positive Pay, then $8 per month |
Huntington’s business checking accounts offer many checking account perks and value-added services. These can greatly improve your business banking features and make managing your money easier.
How to Open a Huntington Business Checking Account
Huntington makes opening a business checking account easy. You can do it online in just a few minutes. First, visit the Huntington website. Then, choose the right open huntington business checking account. Finally, provide the needed information and documents.
Online Account Opening Process
To open a Huntington business checking account online, you need to apply. The person in charge of the business must do this. You’ll need to show valid ID, the business’s social security number or employer identification number, and legal papers about the business.
Required Documents
When opening a Huntington business checking account, you’ll need certain documents needed for business checking. Here’s what you’ll need:
- Valid identification for the authorized representative(s)
- The business’s social security number or employer identification number
- Legal documents defining the structure and name of the business, such as an Assumed Name Certificate or Articles of Incorporation
Some businesses might need more business account opening requirements. This could include a partnership agreement or operating agreement. It’s best to talk to Huntington or visit a branch to find out what you need for your business.
After you sign up for business banking, you can manage your finances online or through the mobile app.
Comparing Huntington Business Checking Accounts
Huntington National Bank has many checking accounts for businesses. Each one meets different business needs. Let’s look at how they compare:
| Feature | Unlimited Plus Business Checking | Unlimited Business Checking | Business Checking 100 |
|---|---|---|---|
| Monthly Transaction Limit | Unlimited | Unlimited | 100 transactions |
| Interest Earnings | Yes | No | No |
| Bonus Services | Highest | Fewer | Least |
| Monthly Maintenance Fee | $30, waivable with $50,000 balance | $20, waivable with $5,000 balance | $10, waivable with $1,500 balance |
| Cash/Currency Deposit Allowance | Up to $25,000 per month free, $0.30 per $100 over | Up to $10,000 per month free, $0.30 per $100 over | Up to $5,000 per month free, $0.30 per $100 over |
The Unlimited Plus Business Checking account has the most features. It has high transaction limits and earns interest. But, it also has the highest monthly fee, which can be waived with a $50,000 balance.
The Unlimited and Business Checking 100 accounts have fewer features and lower fees. Their monthly fees can be waived with smaller balances. The choice depends on your business’s needs and how much you do each month.
Think about what your business needs. Look at the features and fees of each account. This will help you pick the best account for your business.
Conclusion
Huntington Bank has many business banking solutions for companies. They offer great Huntington Bank business checking accounts and cash management services. Whether you’re a new startup or a big company, they have options for you.
Businesses can pick the right Huntington Bank business checking account by looking at features, fees, and promotions. They have simple accounts like Business Checking 100 and more detailed Unlimited Plus accounts. This helps make your company’s banking easier.
Choosing the right Huntington Bank business checking account is important. It depends on your business’s needs, how much you do in transactions, and your cash flow. By picking the best account, you can make your banking better and help your company grow.
Frequently Asked Questions
Kuldeep Nirgude is a computer science student with a strong interest in finance and marketing. With a focus on analyzing industry trends, he writes articles that simplify complex concepts and empower readers to make informed decisions. Kuldeep is dedicated to bridging the gap between technology and business, and is committed to staying updated on the latest innovations shaping the economy.