Huntington Bank CD Rates
Today at Highest CD Rates Info, we’re going to look at a bank we haven’t really given a close inspection to yet. There are some interesting offers and CD rates at Huntington Bank, so we thought it would be worth bringing to you the latest they offer.
Huntington Bank certificate of deposit rates start with a simple, but compelling “Easy Access CD” with a 12 month term. This has a minimum deposit requirement of $15,000 and allows up to $250,000 with rates of 0.80% APY. It’s called Easy Access because during the term, you are allowed to close the account early to access your money.
Another compelling Huntington Bank CD rates offer is the 24 month step-rate CD. This account has a 2 year (24 month) term split into four parts of six months each. Balances must be at least $1,000 and a maximum of $99,999 to qualify. The first six months has an APY of 1.15% followed by 1.20% for the second six months, then 1.25% APY for the third, and 1.35% APY for the last six months. This averages 1.25% APY for the entire term.
A similar offer is being made on a 48 month term, split into a year each step. Thsi has a 1.05% APY, 1.45% APY, 2.25% APY, and 2.75% APY for the last year. That’s an average APY of 1.89%.
For standard Huntington Bank certificate of deposit rate offers, there are terms from 1 month to 72 months. Returns are tiered by deposit amount with a $1,000 minimum required. They are competitive with national offers from many banks with 72 months peaking at 1.50% APY for $10,000+ deposits.
Huntington Bank, of course, is fully FDIC insured.