Discover Bank vs Huntington Bank
Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Huntington? Read our comparison chart below.
Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms and have a minimum deposit of $2,500. There are no service fees.
While Huntington has nearly 1,200 branches throughout the Midwest. It offers a few checking and savings options. Minimum requirements are high on interest-bearing accounts, though it has a free checking option. 14 or 19-month CDs have a great rate with $1,000 minimum opening deposit.
Compare Discover Bank with Huntington, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
Discover Bank | Huntington Bank | |
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Online Savings Account - Earn 4.25% APY - | Personal Checking Account - $600 Bonus - | |
Benefits and Features | ||
Savings | 0.01% APY (Premier Savings). $4 monthly fee, unless you have 1) daily average balance of $300, or 2) linked to a Huntington Asterisk-Free Checking Account. Minimum deposit of $50. | |
CD | 2.00% to 4.70% APY depending on terms. $2,500 minimum | Regular CD APY range from 0.05% - 0.10% for amounts ranging from $1,000 - $100,000. Minimum deposit $1,000. |
Checking | Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details |
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Money Market | 4.00% APY under $100,000; 4.05% APY $100,000 or more. $2,500 minimum deposit. | 0.05% APY for amounts of $25,000 to $2,000,000. $25 monthly maintenance fee unless there is 1) average daily balance of $25,000, or 2) linked to a Huntington Perks or Huntington Platinum Perks Checking account. |
ATMs | ||
Customer Service | ||
IRA CD | 12-month CD APY of 4.70%. 18-month CD APY of 4.40%. 24-month CD APY of 4.00%. 5-year CD APY of 3.75%. | |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
Checking | ||
Money Market | ||
Mobile App | ||
Customer Service | ||
CD | ||
Pros & Cons | Pros:
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Bottom Line | Solid online bank with high APY rates and good customer service... | Midwest bank with great account benefits and free checking option... |
Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 03/15/2024. Huntington: Pricing information from published website as of 03/16/2024 based on 43215 zip code. |
Online Savings Account - Earn 4.25% APY
- No fees
- No minimum opening deposit
- No minimum balance required
Online Checking Account - Earn Cash Back
- 1% cash back on up to $3,000 in debit card purchases each month. See website for details
- No fees
- Early Pay - Get your paycheck up to two days early with no charge
- No credit impact - You can apply without affecting your credit score.
- Access to over 60,000 no-fee ATMs in the U.S.
Discover® Cashback Checking – Up to $30/Month Cashback
Earn 1% cash back on up to $3,000 in debit card purchases each month, for a total of up to $30 cashback per month. Discover Cashback Debit checking account has no minimum balance requirement, no fees, and free online bill pay. See website for details.
Which is Better: Discover Bank or Huntington?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Discover Bank or Chase.
In short: Discover Bank's savings, money market, and mobile app are worth mentioning. In particular, the mobile app is outstanding.