Open a Certificate of Deposit (CD) Account
CDs offer a satisfying and stable way to grow your savings. Earn a competitive yield and receive a guaranteed rate for the entire term of your CD. Rates vary by region, so check out the rate table below for rates in your area.
Visit a Huntington branch to open a CD and start watching your savings grow today!
Certificates of Deposit Features
At Huntington, we look out for you at every step of your banking journey, because we believe everyone deserves a chance at financial success.
Guaranteed Returns
Interest rates are fixed for the entire term of the CD. No need to worry about market shifts.
Competitive Interest Rates
If you’re planning to save your money long term, CDs offer more attractive rates than traditional savings accounts.
FDIC-Insured Savings
Certificates of deposit are FDIC insured up to applicable limits.
Compare CD Interest Rates
Your rate is based on the 43215 zip code.
Fixed Rate CDs by Term (Less than $100,000)
Rates effective as of Monday, December 23, 2024.
| $1,000.00 - $19,999.99 | $20,000.00 - $99,999.99 | ||||
|---|---|---|---|---|---|
|
Term (Months)
|
Interest Rate
|
APY*
|
Interest Rate
|
APY*
|
|
|
5
|
4.25%
|
4.34%
|
4.25%
|
4.34%
|
|
|
9
|
3.00%
|
3.05%
|
3.00%
|
3.05%
|
|
MEMBER FDIC. MINIMUM BALANCE TO OPEN AND OBTAIN ANNUAL PERCENTAGE YIELD (APY) FOR HUNTINGTON CERTIFICATE OF DEPOSIT IS $1,000. RATES AND APY'S ARE ACCURATE AS OF THE DATE REFERENCED AT THE TOP OF THIS DOCUMENT AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. A PENALTY WILL BE IMPOSED FOR EARLY WITHDRAWAL. FOR ACCOUNTS LESS THAN $100,000 ONLY. NOT VALID WITH ANY OTHER OFFER. NO RATE EXCEPTIONS. NOT AVAILABLE FOR BROKERS/AGENTS/PUBLIC ENTITIES/FINANCIAL INSTITUTIONS.
Jumbo Fixed Rate CDs by Term ($100,000 or Greater)
Rates effective as of Monday, December 23, 2024.
| $100,000.00 - $249,999.99 | $250,000.00 - $1,999,999.99 | $2,000,000.00 - $99,999,999.99 | |||||
|---|---|---|---|---|---|---|---|
|
Term (Days)
|
Interest Rate
|
APY*
|
Interest Rate
|
APY*
|
Interest Rate
|
APY*
|
|
|
152
|
4.25%
|
4.34%
|
4.25%
|
4.34%
|
4.25%
|
4.34%
|
|
|
270
|
3.00%
|
3.05%
|
3.00%
|
3.05%
|
3.00%
|
3.05%
|
|
MINIMUM BALANCE TO OPEN AND OBTAIN ANNUAL PERCENTAGE YIELD (APY) FOR HUNTINGTON JUMBO CERTIFICATE OF DEPOSIT IS $100,000. RATES AND APY'S ARE ACCURATE AS OF THE DATE REFERENCED AT THE TOP OF THIS DOCUMENT AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. A PENALTY WILL BE IMPOSED FOR EARLY WITHDRAWAL. WE RESERVE THE RIGHT TO LIMIT THE NUMBER OF ACCOUNTS PER CUSTOMER ABOVE $2 MILLION. NO RATE EXCEPTIONS. NOT AVAILABLE FOR BROKERS/AGENTS/PUBLIC FUNDS/FINANCIAL INSTITUTIONS. MEMBER FDIC.
Watch your savings grow
Huntington CD Savings Calculator
How much will my CD be worth at maturity? Add your deposit, term length, interest rate, and compounding frequency to help understand the value of your CD at the time of its maturity.
Calculate CD SavingsDid you know we also have a CD IRA?
A CD IRA combines a fixed-rate CD under the umbrella of IRA benefits. There are a variety of terms available with a $1,000 minimum to open. Visit a branch to learn more and get started¶.
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Related Resources
Curious what FDIC insurance is and why some bank accounts include it while others do not? We can help you understand FDIC insurance and how it can be reassuring if your money is protected by the FDIC.
Certificates of Deposit FAQs
Answer: CDs are a type of savings account that offer maximum security of principal—FDIC insured up to applicable limits—and a guaranteed rate of return. They offer fixed term lengths, a fixed date of withdrawal, and fixed interest rates that are usually higher than a savings or money market account.
Answer: To open a CD account at Huntington, you must visit a branch and open an account in person. Based on the deposit you'd like to make, a banker will help you determine the best CD, term length, and interest rate.
Once you open your CD account and add your deposit, you typically can’t make additional deposits or withdraw money before the CD reaches its fixed date of withdrawal, also known as maturity. Your principal deposit will earn interest that’s compounded—daily, monthly, annually, or at maturity—and you can choose to receive that interest in regular payments, or all at once when the CD reaches maturity. Once the CD term ends, you can choose to renew the CD at a new rate or close the account. Some CDs renew automatically unless you choose to make a withdrawal during the grace period.
Answer: CD rates are often higher than a savings or money market account and are fixed rates, so even if national interest rates change, the rate you locked in upon opening your CD will not change.
Like a traditional savings account, the interest earned on a CD account is compounded, meaning you earn interest based on your deposit balance, including interest earned. CD interest can be compounded daily, monthly, annually, or at maturity depending on the type of CD you have.
Answer: You can usually choose when and how you receive your CD interest payments. At Huntington, interest can be paid monthly, quarterly, semi-annually, annually, or at maturity.
Answer: With most CD accounts, there is a penalty for withdrawing money from your CD before it reaches maturity.
At Huntington, the early withdrawal penalty depends on the type of CD you have and at what point in your term the early withdrawal is made. Log into your Huntington account, visit a Huntington branch, or call us at (800) 480-2265 to learn more about your specific early withdrawal penalties.
Answer: Yes. At Huntington, CD accounts are insured up to FDIC limits.
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¶ IRA CD. IRA CD provides guaranteed fixed rate for the term of the CD; $1,000 minimum to open; subject to early withdrawal penalty and IRS tax implications. Variety of short and longer terms are available.