Huntington’s savings accounts pay 0.01%–0.02% APY — far below the 4%+ rates available at online banks. Huntington has no high-yield savings product and no online savings division. The right strategy: keep Huntington savings as a small overdraft buffer and open an external HYSA for real savings growth.
Bottom line: Huntington savings pays 0.02% APY max. Open an external HYSA — it earns 200× more on the same balance.
Huntington Savings Products
| Account | APY | Monthly Fee | Fee Waiver | Best Use |
|---|---|---|---|---|
| Premier Savings | 0.02% | $10 | $300 min daily balance | Overdraft buffer for checking |
| Relationship Savings | Slightly higher | Varies | Linked Huntington checking | Relationship customers |
| Huntington Money Market | Variable; varies | Varies | Higher balance requirement | Short-term parking |
What 0.02% APY Earns vs. Alternatives
On a $15,000 savings balance:
| Account | APY | Annual Interest |
|---|---|---|
| Huntington Premier Savings | 0.02% | $3 |
| Ally HYSA | 4.20% | $630 |
| Axos HYSA | 4.66% | $699 |
| Citizens Access HYSA | 4.50% | $675 |
| Marcus HYSA | 4.10% | $615 |
Huntington savings earns $3/year. An external HYSA earns $615–$699/year — the difference is $612–$696 per year on $15,000.
Premier Savings: Right Uses
As overdraft buffer: Premier Savings linked to Huntington Asterisk-Free Checking serves as an automatic overdraft protection account. When checking overdrafts, Huntington transfers from Premier Savings before the 24-Hour Grace clock starts — giving double protection (savings buffer + grace period).
Setup: In Huntington online banking → Account Services → Overdraft Protection → Link Premier Savings.
Fee waiver: $300 daily balance waives the $10/month fee. Maintaining $300–$1,000 in Premier Savings as an overdraft buffer costs nothing and provides meaningful overdraft protection.
The Right Strategy for Huntington Customers
Keep at Huntington:
- Asterisk-Free Checking (everyday spending)
- Premier Savings ($300–$1,000 as overdraft buffer — fee waived)
Move to an external HYSA:
- Emergency fund (3–6 months of expenses)
- All medium and long-term savings goals
How to connect:
- Open HYSA at Ally, Axos, Marcus, or Discover ($0 fee, $0 minimum)
- In the HYSA app: link Huntington account via routing number 044000024 + your account number
- Verify with test deposits (1–3 business days)
- Transfer savings to the HYSA
- HYSA transfers back to Huntington checking take 1–3 business days when needed
Keep enough in Huntington checking for 2–4 weeks of expenses to cover the ACH transfer window.
Huntington vs. Online HYSAs
| Bank | APY | Monthly Fee | Min Balance |
|---|---|---|---|
| Axos HYSA | 4.66% | $0 | $0 |
| Citizens Access HYSA | 4.50%+ | $0 | $0 |
| BMO Alto HYSA | 4.50%+ | $0 | $0 |
| Ally HYSA | 4.20% | $0 | $0 |
| Marcus HYSA | 4.10% | $0 | $0 |
| Huntington Premier Savings | 0.02% | $10 | $300 to waive |
There is no scenario where Huntington savings outperforms an external HYSA as a savings vehicle.
See also: Huntington Bank review | Huntington checking account | Best high-yield savings accounts | Huntington vs. Fifth Third
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