Huntington Bank's Latest Cash Bonuses: Up to $1,000 for New Accounts

If you've been thinking about switching banks or opening a new account for your business, Huntington has some pretty compelling offers on the table right now. They're dangling cash bonuses that can put hundreds of dollars in your pocket just for moving your banking relationship. But as with any bank bonus, the devil's in the details. Let's break down what's actually available, who qualifies, and what you need to watch out for.

Which Account Is Right For You?

Huntington has four main bonus offers, and they're designed for different types of customers. The business accounts require more money to unlock the bonus but pay out more. The personal accounts have lower requirements but also smaller rewards.

For business owners, the $1,000 bonus on the Unlimited Plus account is the big prize. This account is geared toward established companies with significant cash flow. The $400 business checking bonus is for smaller operations that still need unlimited transactions.

On the personal side, the Platinum Perks account offers $600 without requiring direct deposit—a nice perk if your paycheck goes elsewhere. The regular Perks checking account pays $400 but does need direct deposits to qualify.

The Fine Print You Can't Ignore

Bank bonuses aren't free money—they're compensation for you moving your banking business. To get paid, you need to follow the rules exactly. Missing one requirement means no bonus.

First, understand what 'new money' means. Huntington defines this as funds not currently held in any of their accounts. You can't just shuffle money between existing Huntington accounts and expect to qualify.

Timing is everything. Each offer has specific deposit windows and minimum balance periods. For the $1,000 business bonus, you need to deposit $20,000 within 30 days and maintain that balance for 60 additional days. That's a 90-day commitment of significant capital.

• Existing Huntington customers (including those who closed accounts in the last 6 months) are not eligible
• You'll receive a 1099-INT for the bonus amount—it's taxable income
• Close the account within 180 days and you'll face an early closure fee
• Each business is limited to one bonus per calendar year

Practical Tips for Claiming Your Bonus

If you decide to go for one of these offers, here's how to make sure everything goes smoothly. Start by checking if you're actually in Huntington's service area—they only operate in 11 Midwestern states. No point getting excited if you're in California.

Document everything. Take screenshots when you open the account, keep records of your deposits, and note the dates. If there's any dispute about whether you met requirements, you'll need proof.

Consider the monthly fees. Most of these accounts have fees that can be waived by maintaining certain balances. Make sure you understand what's required to avoid those charges after you get your bonus.

Is This Worth Your Time and Money?

A $1,000 bonus sounds fantastic, but you need to consider what you're tying up to get it. For the business accounts, you're committing tens of thousands of dollars for several months. Could that money earn more elsewhere? Possibly, but $1,000 on $20,000 over 90 days represents a pretty solid return if you were planning to park that cash somewhere anyway.

The personal account bonuses are more accessible. The $600 Platinum Perks bonus requires $25,000 for 90 days, which is a lower percentage return but might make sense if you're consolidating savings.

Remember that Huntington is a solid regional bank with good customer service hours and features like 24-hour overdraft grace. If you need a new bank anyway, these bonuses make the switch more attractive.

Bottom Line

• Business bonuses require larger deposits but pay more ($400-$1,000)
• Personal bonuses have lower requirements but smaller rewards ($400-$600)
• Deadlines differ: March 15, 2026 for personal, June 16, 2026 for business
• Must be in one of 11 eligible states to participate
• Bonuses are taxable income—you'll get a 1099-INT

Common Questions