Huntington Bank Carrot Score

Carrot Score

Higher than 54% of U.S. banks and credit unions

LowestMiddleHighest

By productProduct

CDs72
Savings93
Auto loansNot scored
Credit cardsNot scored

Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.

Where Huntington Bank ranks

By Carrot score, in each area where it has branches

And 190 more areas

Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.

By product

How each product scores

How its rates compare with every U.S. bank and credit union. Open a product to see them.

CDs

72beats 32% nationallyOne of its best two · 5 terms

Term	Its rate	Beats	U.S. median	Top 25% atTop 25%	Top 10% at
3-8 months	4.10%	93%	3.50%	3.82%	4.05%
9-15 months	2.50%	16%	3.70%	4.00%	4.25%
16-30 months	0.25%	2%	3.35%	3.85%	4.20%
31-60 months	0.25%	1%	3.05%	3.65%	4.07%
Qualified	4.10%	72%	3.85%	4.15%	4.35%

Best rates 54.5 · all terms 32.2 → 45.6 → 72

Savings

93top 5% nationallyOne of its best two · 4 balances

Balance	Its rate	Beats	U.S. median	Top 25% atTop 25%	Top 10% at
$1,000	0.01%	2%	0.20%	0.50%	1.51%
$10,000	3.15%	96%	0.50%	1.15%	2.20%
$100,000	3.25%	94%	1.00%	2.01%	2.93%
Qualified	3.75%	98%	0.60%	1.31%	2.43%

Best rates 96.9 · all balances 77.2 → 89.0 → 93

Auto loans

Not scoredOnly rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).

Credit cards

Not scoredNo rates found on its website.

Where the score could improve

CDs, 16-30 months3.85%0.25% today, higher than 2% of U.S. institutions. 3.85% would reach the top quarter; 4.20% the top 10%.
CDs, 9-15 months4.00%2.50% today, higher than 16% of U.S. institutions. 4.00% would reach the top quarter; 4.25% the top 10%.
Savings, $1,0000.50%0.01% today, higher than 2% of U.S. institutions. 0.50% would reach the top quarter; 1.51% the top 10%.

Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.

Method

How the score works

Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.

How Huntington Bank got its score

Its products stand at 89.0 for savings and 45.6 for CDs, out of 100. Together they average 67.3. That puts it in the top 47% nationally: a Carrot Score of 80.

The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.

← Huntington Bank rates