Huntington Platinum Perks Checking: Features, Benefits, and Requirements

Huntington Platinum Perks Checking is a premium account designed for customers who maintain higher balances and seek extra benefits. It offers interest earnings, fee waivers, and enhanced overdraft protection, making it a strong choice for those looking to maximize their banking experience.

Beyond standard features, this account includes digital tools and financial rewards. Understanding its structure can help determine if it suits your needs.

Qualifying Requirements

To open a Huntington Platinum Perks Checking account, customers must maintain a total relationship balance of at least $25,000 across eligible Huntington accounts, including checking, savings, money market, CDs, and investments. The balance is calculated using combined average daily balances, so the full amount doesn’t need to be in checking alone.

Alternatively, customers with an active Huntington mortgage may qualify, as home loans are considered in determining eligibility. This option benefits homeowners who may not keep high liquid balances but still want premium banking perks.

Applicants must be at least 18 years old and provide identification and residency verification. U.S. citizenship or legal residency is required, along with a valid Social Security number or Taxpayer Identification Number. Business accounts do not qualify, as this product is designed for personal banking customers.

Minimum Deposits

There is no required minimum deposit to open a Huntington Platinum Perks Checking account, offering flexibility in funding. Unlike some premium accounts that require an initial deposit, Huntington allows customers to transfer funds gradually or set up direct deposits over time.

While an initial deposit isn’t necessary, maintaining a sufficient balance is key to maximizing benefits. Higher balances help customers earn interest and avoid fees. Setting up recurring direct deposits from payroll or other sources can help maintain a steady balance.

Fees and Charges

The account carries a $25 monthly maintenance fee, waived for customers who meet the $25,000 total relationship balance requirement. Those who fall below this threshold will see the fee applied each statement cycle.

Additional fees apply to certain transactions. Domestic wire transfers cost $25 for outgoing transfers, while international wires can exceed $40, depending on the destination and currency exchange rates. Cashier’s checks and other specialized banking services may also incur fees.

Huntington provides free access to its ATM network, but withdrawals from non-Huntington ATMs may result in charges from both Huntington and the ATM owner. Platinum Perks Checking offers some reimbursement for out-of-network ATM fees, though limits apply per statement cycle.

Overdraft fees are $15 per occurrence, with a cap on the number of fees charged per day. Huntington offers a 24-Hour Grace period, allowing customers extra time to bring their account back to a positive balance before an overdraft fee is applied. Returned item fees may also apply if a transaction is declined due to insufficient funds.

Interest and Rewards

Huntington Platinum Perks Checking earns interest, though rates are modest compared to high-yield savings accounts. The annual percentage yield (APY) is tiered, with higher balances earning slightly better rates. Customers seeking higher returns may consider linking this account with a Huntington savings or money market account.

Account holders receive exclusive rewards, including preferential rates on select lending products such as personal loans and home equity lines of credit (HELOCs). Borrowers may qualify for rate discounts when payments are automatically deducted from their Platinum Perks Checking account. Customers who invest with Huntington’s wealth management division may receive discounted advisory fees or other incentives.

Overdraft Coverage

Huntington Platinum Perks Checking provides enhanced overdraft protections. The 24-Hour Grace period allows customers extra time to bring their account back to a positive balance before an overdraft fee is charged.

For additional safeguards, customers can link their checking account to a savings or money market account. If an overdraft occurs, funds are automatically transferred from the linked account to cover the shortfall, avoiding standard overdraft fees. Eligible account holders can also enroll in Standby Cash, a short-term credit line that provides an alternative way to cover overdrafts without traditional penalties.

Digital Access

Huntington offers a robust digital banking experience through its mobile app and online banking platform. Features include real-time transaction monitoring, mobile check deposits, and customizable account alerts for low balances, large transactions, or upcoming bill payments.

Security measures include multi-factor authentication and biometric login options. The app also provides card controls, allowing users to instantly lock or unlock their debit card if it is lost or stolen. Huntington’s digital tools integrate with budgeting apps and financial management software, making it easier to track spending and plan for future expenses.