Huntington Bank CD Rates

A regional bank, Huntington’s promotional CDs boast higher-than-average rates

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Kat Tretina
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Kat Tretina is is an expert on student loans who started her career paying off her $35,000 student loans years ahead of schedule. Her work has been published by Experian, Credit Karma, Student Loan Hero, and more.
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Updated May 18, 2023
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Brendan Harkness is a senior finance editor at Investopedia and The Balance. He has spent 8-plus years researching, writing, and editing content for financial and business publications about credit, banking, and credit cards.

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Huntington Bank CD Rates

As a smaller regional bank, Huntington Bank isn’t as well-known as some national institutions. But with its promotional rates on fixed-rate and jumbo certificates of deposit (CDs), you can earn a much higher annual percentage yield (APY) than you’ll find elsewhere. 

The promotional APY only applies to certain term lengths, and not everyone is eligible for a Huntington Bank CD. Here’s what you need to know about Huntington Bank CD rates and how to take advantage of these higher-than-average APYs. 

 The APYs listed below are up to date as of the date of publication of this article. We review CD rates every two weeks and update the information below accordingly.

Promotional Fixed Rate CD Overview
CD Term Minimum Deposit APY Interest Rate
11 months $1,000 5.13% 5.00%
14 months $1,000 5.13% 0.50%
Standard Fixed Rate CD Overview
CD Term Minimum Deposit APY Interest Rate
1 month $1,000 0.05% 0.05%
3 months $1,000 0.05% 0.05%
6 months $1,000 0.10% 0.10%
9 months $1,000 0.10% 0.10%
12 months $1,000 0.10% 0.10%
18 months $1,000 0.10% 0.10%
24 months $1,000 0.10% 0.10%
36 months $1,000 0.10% 0.10%
48 months $1,000 0.10% 0.10%
60 months $1,000 0.10% 0.10%
72 months $1,000 0.10% 0.10%
Jumbo Promotional Fixed Rate CD Overview
CD Term (Days) Deposit Amount APY Interest Rate
335 $100,000–$99,999,999.99 0.10%–5.13% 0.10%–5.00%
425 $100,000–$99,999,999.99 0.10%–0.50% 0.10%–0.50%
Jumbo Standard Fixed Rate CD Overview
CD Term (Days) Minimum Deposit APY Interest Rate
7 $100,000 0.05% 0.05%
14 $100,000 0.05% 0.05%
30 $100,000 0.05% 0.05%
60 $100,000 0.05% 0.05%
90 $100,000 0.05% 0.05%
180 $100,000 0.10% 0.10%
270 $100,000 0.10% 0.10%
365 $100,000 0.10% 0.10%
547 $100,000 0.10% 0.10%
730 $100,000 0.10% 0.10%
912 $100,000 0.10% 0.10%
1,095 $100,000 0.10% 0.10%
1,460 $100,000 0.10% 0.10%
1,825 $100,000 0.10% 0.10%

Huntington Bank CDs: Key Features

Promotional Fixed Rate CD Key Features
APY Range 5.13%
Minimum Balance $1,000
Term Range 11–14 months
Early Withdrawal Penalty 6 months of interest

Huntington Bank’s promotional CD offers a much higher than average APY for CDs with terms of 14 months. To qualify for the higher rate, you must deposit at least $1,000. The promotional fixed-rate CD is only available if your balance is under $100,000.

If you must take an early withdrawal from the account, the penalty is six months of interest. And when the account reaches its maturity date, you have a 10-day grace period; after that, the account is automatically renewed. 

Standard Fixed Rate CD Key Features
APY Range 0.05%–0.10%
Minimum Balance $1,000
Term Range 1-72 months
Early Withdrawal Penalty Up to 12 months of interest

Unlike the promotional CD rate, the rate for standard fixed-rate CDs is significantly lower than the national average. 

Terms range from 1 to 72 months, and the minimum deposit is $1,000. Early withdrawals are permitted, but penalties apply. The penalty depends on your term length, but ranges from the full term of the account to 12 months of interest. 

Like the promotional CDs, the standard fixed-rate CDs have a maximum of $100,000, and 10-day grace periods. 

Jumbo Promotional Fixed Rate CD Key Features
APY Range 0.10%–5.13%
Minimum Balance $100,000
Term Range 335–425 days
Early Withdrawal Penalty 6 months of interest

Huntington Bank’s jumbo accounts are for CDs with $100,000 or more. The promotional CD rate is only available to balances under $2 million; higher balances are subject to significantly lower rates.

For jumbo CDs, the promotional APY is only for CDs with terms of 425 days, and the early withdrawal penalty is six months of interest. 

Unlike other CDs, accounts with balances of $100,000 or more are not automatically renewable.

With jumbo CDs, be aware that the FDIC only protects deposits up to $250,000. If your balance exceeds that amount, you may not be covered.

Jumbo Standard Fixed Rate CD Key Features
APY Range 0.05%–0.10% 
Minimum Balance $100,000
Term Range 7–1,825 days
Early Withdrawal Penalty 6 months of interest

Jumbo standard CDs are for balances of $100,000 or more. Huntington Bank’s jumbo CDs are generally a short-term option, with terms ranging from 7 to 1,825 days. Rates on these CDs are much lower than the national average, and they are not automatically renewable. 

Huntington Bank’s rates for standard jumbo CDs are quite low. Check out our picks for the best jumbo CDs to find better rates.

About Huntington Bank

Based in Ohio, Huntington Bank is a smaller, regional bank. It operates branches in 11 states: Ohio, Colorado, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Pennsylvania, West Virginia, and Wisconsin.

It offers a comprehensive suite of banking products for individuals and businesses, including checking and savings accounts, mortgages, personal loans, and CDs.

Its promotional CDs have much higher than average rates. But while other banks may offer high rates with multiple terms, Huntington Bank is more limited. As of publication, the promotional rate is only available with terms of 14 months for regular CDs, and terms of 425 days for jumbo CDs. 

Not everyone is eligible for a Huntington Bank CD. Although most banks today allow you to open a new account or CD online, Huntington Bank doesn’t. To open a CD, you must visit a local Huntington Bank branch, and the bank only operates in a few states. You can use the bank’s find-a-branch tool to see if there is a branch near you. 

Compare Savings Account Rates

How Much Money Do You Need to Open a Huntington Bank CD?

The minimum amount of money you need for Huntington Bank’s CDs, including its promotional or standard rates, is $1,000. The exceptions are Huntington Bank’s jumbo CDs, which require $100,000.

Do You Need a Checking Account With Huntington Bank to Open a CD?

No, you don’t need to have an existing checking account with Huntington Bank to open a CD. However, if you do have a Huntington Bank checking account, your CD will count toward your total relationship balance, which can help you qualify for monthly fee waivers on your checking account.

Does Huntington Bank Have an Early Withdrawal Penalty for CD Accounts?

Yes, Huntington Bank does allow you to withdraw money ahead of the maturity date, and there are penalties. The penalty can be as high as 12 months of interest. 

The benefit of CDs is that you can earn a much higher APY than you can usually find in a checking or savings account. But that benefit comes with a tradeoff: CDs are designed to be untouched until their maturity date.

Does Huntington Bank Offer Special Rates for Current Members?

Huntington Bank doesn’t have special rates or promotions for existing members. However, new customers can qualify for special offers for opening a new personal checking account.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

  1. Huntington Bank. "Certificates of Deposit." 

  2. Huntington Bank. "Huntington Personal Account Disclosures."

  3. FDIC. "National Rates and Rate Caps." 

  4. Huntington Bank. "Annual Report 2023: 10-k." 

  5. Huntington Bank. "Open a Checking Account Online."