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.
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 |  | |
Discover Bank | Huntington Bank | |
|---|---|---|
Discover Online Savings - $200 Cash Bonus - | Personal Checking Account - $400 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 4.75% 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 | 3.80% APY under $100,000; 3.85% 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. |
| Customer Service | ||
| ATMs | ||
| IRA CD | 12-month CD APY of 4.75%. 24-month CD APY of 4.30%. 5-year CD APY of 4.00%. | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   |  |
| Checking | | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| CD | | |
| Pros & Cons | Pros:
| 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... |
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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 05/29/2023. Huntington: Pricing information from published website as of 4/7/2023 based on 43215 zip code. | ||
Discover Online Savings - $200 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 6/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Discover Online Savings - $150 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 6/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Online Savings Account - Earn 3.90% APY
- No fees
- No minimum opening deposit
- No minimum balance required
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.
Articles on Discover Bank
Discover Bank
Discover Savings
Discover CD Rates Reviews
Is Discover Bank a Good and Real Bank
Is Discover Savings Worth It
Discover Savings Bonus
Articles on Huntington Bank
Huntington Bank Review
Huntington Bank CD Rates
Huntington Bank Money Market Rates
Huntington Bank Hours
Huntington Platinum Perks Checking
Huntington Perks Checking
Asterisk Free Checking
Huntington Bank Routing Number
Which Do You Think is Best?
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