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Huntington Business Checking 100 review

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For small Midwestern businesses that require fewer transactions.

finder.com’s rating: 3.3 / 5.0

★★★★★

The Huntington Bank Business Checking 100 account is best for startups, sole proprietorships or small businesses. The account offers no monthly maintenance fees and minimum balance requirements. But businesses located outside the seven Midwestern states it serves, or that require more than 100 monthly transactions will want to look elsewhere.

$0 per month

Fee

N/A

APY

$50

Minimum deposit to open

Details

APYN/A
Fee$0 per month
Minimum deposit to open$50
Intro or bonus offerOpen a Business Checking 100 account, earn $200. Conditions apply.
ATMsFree at more than 1,800 ATMs across the Midwest
Out-of-network ATM fee$2
Foreign transaction fee3%
Overdraft fee$37.50

Expert review

Heather Petty

Review by


Heather Petty is a writer at Finder specializing in banking, investments and insurance. She's a self-proclaimed word nerd who worked as a technical writer and editor for the casino systems industry and is an internationally published young adult mystery author. Heather earned a bachelor’s degree in English from the University of Nevada, Reno.

Expert review

The Huntington Business Checking 100 account is best for Midwestern small businesses looking to take advantage of the suite of business tools Huntington offers without all the fees associated with larger accounts. It offers no monthly maintenance fees and minimum balance requirements.

But as your cash intake and transaction rates grow, you may face a fee if you surpass the 100 monthly transaction limit.

How do I open a Huntington Business Checking 100 account?

To open an account, you’ll need to:

  1. Go to the provider’s site and follow the steps to apply.
  2. Contact your local branch to learn the requirements for your state.
  3. Gather all appropriate documents.
  4. Contact an account representative to open your account.

Eligibility

To apply for the Huntington Business Checking 100 account, you’ll need to meet the following requirements:

  • At least 18 years old
  • Valid Social Security number
  • Business located in one of Huntington’s service areas

Required Information

The information you need to open your account depends on the type of business you’re running and the state requirements in your area. General requirements include:

  • Valid personal identification for each partner, such as a driver’s license or passport
  • Social Security number or Employer Identification Number
  • Legal document identifying the structure and name of the business
  • One or more authorized representatives present at the time the account is opened

What are the benefits of a Huntington Business Checking 100 account?

The Huntington Business Checking 100 account offers free email and text alerts and general business services such as deposit scans and payroll. Additional perks include:

  • No monthly fees. You won’t pay a monthly fee to maintain the account.
  • 120-day service trial. Get free access to the Huntington antifraud tool, Reverse Positive Pay.
  • Digital business tools. Use the Hub to access your spending trends, cash position, cash flow forecasts and more. Sole Proprietor account holders will have access to this app in 2020.
  • Overdraft protection. Huntington provides 24-hour overdraft relief that will give you more time to make a deposit and avoid an overdraft fee. But return fees don’t apply.

What should I look out for?

Some things to keep in mind before applying for a Business Checking 100 account, include:

  • Limited to the Midwest. Huntington only serves customers in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania and West Virginia.
  • Limited transactions. You’ll pay 50 cents for every transaction you make after your free 100 monthly transactions.
  • Limited deposits. You’ll pay 30 cents for every $100 deposited after your $5,000 monthly deposit limit.

If you want a business account with unlimited monthly transactions, you’ll want to keep looking. As always, compare your options when choosing a business checking account.

Huntington Business Checking 100 ATM network and fees

Use your Huntington debit business card at over 1,800 free ATMs across the seven states it services. You also won’t pay a fee on ATM transactions for accounts opened in Florida.

You’ll pay an ATM fee in the following cases:

  • You’ll pay $2 on any non-Huntington ATM transactions in addition to any ATM owner fees.
  • You’ll pay $2 for each Huntington extended statement.
  • You’ll pay 3% on international debit and ATM transactions.

Compare with other business checking accounts

Data indicated here is updated regularly
Name Product Fee Minimum deposit to open ATMs
Novo
$0
$50
Novo doesn't charge ATM fees and will reimburse any non-network fees you incur
A low-fee online checking account designed for small businesses and startups.
NorthOne Business Banking
$10 per month
$50
More than 300,000 ATMs across America.

A digital bank account featuring free cash deposits, on-demand customer support and streamlined bookkeeping integrations.
Lili
$0
$0
32,000 fee-free ATMs nationwide
A checking account designed for freelancers with no account fees and no minimum balance.
BlueVine Business Checking
$0
$0
38,000+ MoneyPass® locations nationally
A digital account that earns 1% APY, offers unlimited transactions and no monthly fees.
Chase Business Complete Banking
$15 per month
(can be waived)
$0
over 16,000 in-network ATMs
This Chase business checking account has built-in card acceptance using a smartphone card reader. $300 bonus offer
Brex Cash account
$0
$0
Brex Cash is an innovative cash management account that lets business owners choose whether to save or invest funds.
Axos Bank Basic Business Checking
$0
$1,000
ATM fees reimbursed at any ATM nationwide
No monthly maintenance fees, a low minimum deposit requirement, unlimited domestic ATM fee reimbursements and $100 bonus
Radius Bank Tailored Checking
$10 per month
(can be waived)
$100
More than 20,000 ATMs + unlimited ATM surcharge rebates
with Tailored Checking get free ATMs worldwide and unlimited penalty-free transactions.
Axos Bank Business Interest Checking
$10 per month
(can be waived)
$100
ATM fees reimbursed at any ATM nationwide
Earn up to 0.50% APY and pay no monthly maintenance fee with an average daily balance of at least $5,000.
Square
$0
$0
Anywhere Mastercard is accepted
Use your business debit card anywhere Mastercard® is accepted, with no monthly fees, sign-up fees, or annual fees.
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Compare up to 4 providers

How do I deposit or withdraw my money?

Keeping in mind the transaction limits on this account, there are several ways to make deposits and withdraw money:

Deposit

  • Mobile check deposit
  • By debit or credit card at point of sale using Huntington Merchant Services
  • By cash or check at an ATM
  • In person at a branch
  • By electronic ACH transfer
  • By wire transfer

Withdrawal

  • At an ATM
  • Mobile and online bill pay
  • By check
  • Mobile and online wire transfer application
  • Online payroll application
  • In person at a branch
  • By electronic ACH transfer

What other business checking options does Huntington offer?

In addition to the Business Checking 100 account, Huntington offers the following checking options:

  • Unlimited Business Checking. An account for larger businesses that includes unlimited transactions and the choice of one bonus feature.
  • Unlimited Plus Business Checking. An interest-bearing account that includes unlimited transactions and the choice of two bonus features.
  • Business Analyzed Checking. Charges fees for each transaction that can be offset by an earnings credit.

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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