Compare Business Savings Accounts and Apply Online
Whether you're looking to build your savings, maintain liquidity, or both, we have the savings solutions to help your business grow. All business savings accounts provide competitive interest rates, online and mobile account access, and are insured by the FDIC up to applicable limits.
Business Premier Plus Money Market Account
Created for businesses looking to earn higher interest on excess cash.
- No monthly maintenance fee with an average daily account balance of $10,000 (otherwise $10/month)
- No minimum deposit to open an account
- Interest compounded monthly
- Online transfers between business checking and savings accounts at no added cost
Business Premier Savings
Designed for businesses looking to maintain fast access to their cash while still earning interest.
- No monthly maintenance fee with an average daily account balance of $500 (otherwise $5/month)
- No minimum deposit to open an account
- Interest compounded quarterly
- Online transfers between business checking and savings accounts at no added cost
Business CD
Competitive interest rates and a guaranteed rate of return for the term of the CD. Open a Business CD at any Huntington branch.
- Variety of terms between one and 60 months
- Interest compounded daily
- Interest can be paid monthly, quarterly, semi-annually, or annually
Compare Business Savings Accounts
Business Premier Money Market Apply Now | Business Premier Savings Apply Now |
Business CD
Find a Branch |
|
---|---|---|---|
Interest ? | Yes | Yes | Yes |
Interest Compounding Frequency | Monthly | Quarterly | Daily |
Eligible for Overdraft Protection Link to Business Checking | Yes | Yes | No |
Automatic Transfers ? | Yes | Yes | No |
Business Premier Plus Money Market Relationship Benefit ? | The interest rate on your Business Premier Plus Money Market Account may be better when you also own a Unlimited Plus Business Checking Account¥ | - | - |
Deposits |
Yes Deposit up to 20 checks per month Deposit up to 20 ACH credits per month Deposit up to $1,000 cash in-branch or through ATM per month |
Yes Deposit up to 20 checks per month Deposit up to 20 ACH credits per month Deposit up to $1,000 cash in-branch or through ATM per month |
N/A |
Monthly Maintenance Fee ? | $0 with average daily balance of $10,000, otherwise $10. | $0 with average daily balance of $500, otherwise $5. | $0 |
Business Savings Account Features
Huntington Savings accounts are loaded with features designed to look out for you and your financial well-being.
The Hub
Huntington's digital tools, like Cash Position and Cash Flow Forecast, help make managing revenue and expenses easier than ever.
Online Banking & Mobile App
Securely monitor your company's accounts from any device through online banking or the Huntington Mobile app.
Email & Text Alerts
Free email and text alerts provide updates on your account so you can keep up with your business' finances.†
Overdraft Protection
Deposit-to-Deposit Overdraft Protection for your Business Checking account with no transfer fee when you link an eligible Business Savings or Money Market account to your Business Checking account.
Treasury Management & Fraud Tools
Flexible solutions for payables and receivables management, payroll services§, and electronic and paper-based fraud prevention.
Automatic Transfers
Set up scheduled transfers between business checking and savings or money market account to help savings grow even faster.
Welcome to the bank that fits in your pocket.
Download the Huntington Mobile app.
- Check balances, deposit checks, and pay bills
- Tap into powerful insights and features
- Set up personalized account alerts†
- Send and receive money with Zelle®
Business Savings FAQs
Answer: Yes, a business can have its own savings account to help save for specific business needs.
Answer: To open a business savings account, you'll likely need:
- Valid and official forms of identification
- Social security number or employer identification number
- Legal document identifying the structure of the business and name of the business
- One or more representatives from the business who is authorized to open a bank account on behalf of the company
Not every employee or partner of a business is authorized to do banking on behalf of the business. To open an account, you'll need an authorized representative to handle the paperwork with the bank.
If you have questions about the application process or the documents needed, call us at (800) 480-2001 or visit your local Huntington branch.
Answer: Yes, you can apply for a Business Premier Plus Money Market Account and Business Premier Savings online.
However, a Business CD account can't be opened online. To learn more or to open a Business CD, please visit your local Huntington branch.
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†Alerts. Message and data charges may apply
§Payroll Processing. Payroll processing services provided by Paychex, a third party commercial vendor. The Huntington National Bank is not an affiliate of Paychex, and does not provide, warrant, or guarantee their products or services.
¥The interest rate on your Business Premier Plus Money Market Account may be better when you also own an Unlimited Plus Business Checking account. Ask a banker to see a rate sheet for details. Your interest rates and APY will be determined based on your zip code. Please note: If you are an existing Huntington business customer with an address outside of our eleven-state footprint, your interest rates and APY will be determined based on a Columbus, Ohio, regional zip code.