To calculate how much interest you could earn with a CD, try using SmartAsset's CD calculator. In fact, if you're willing to put in a deposit of at least $100,000 to take advantage of robust interest rates, you'll be able to sign up for CDs that run the gamut from seven days to 1,825 days (five years).
Of course, Huntington Bank greatly rewards investors with significant amounts of capital to sock away in CD accounts. Rates may vary slightly by location but before you open any accounts, read on for the things you need to know about a CD with Huntington Bank. You will need to visit a branch directly. Huntington Bank does not provide the option to open a CD online. Unfortunately, interest rates are quite low when compared to the best CD rates on the market. It also doesn't help that the minimum deposit is $1,000 and interest only compounds monthly.Ĭustomers who make larger initial deposits will have access to higher interest rates. That's a larger range than many other banks, which could be a draw for some customers. The options vary in term length from one month up to six years. Huntington Bank offers more than two dozen certificate of deposit (CD) options.
