Huntington Introduces 24-Hour Grace® for Business and a No Overdraft Fee $50 Safety Zone for Consumers and Businesses
To help customers navigate the current recession caused by the pandemic and manage their long-term financial health, Huntington is providing additional and ongoing support for businesses and consumers. In 2010, Huntington separated from the industry when it introduced its "Fair Play Banking" approach as a bold commitment to do the right thing for its customers. A decade later, Huntington, the nation's No. 1
"This is an important moment. Exactly 10 years ago this month, we made a commitment to do more to look out for our customers' financial well-being at a critical time. A decade later, we're doubling down on our 'Fair Play Banking' philosophy to help people," said Huntington CEO
24-Hour Grace Available for Consumers and Business Customers
24-Hour Grace is the first and only service of its kind that gives consumer, business and commercial customers additional time to cover overdrafts on their checking accounts. With 24-Hour Grace, Huntington will automatically waive the overdraft fee as long as the customer makes a deposit during the next business day to resolve the overdraft. 24-Hour Grace is available for free on all Huntington consumer, business and commercial checking, savings and money market products.
No Overdraft Fee
Huntington is also introducing a no overdraft fee
"Our customers continue to influence our new products and services, and we're making bold moves as part of our ongoing commitment to put them first," said
Long History of "Fair Play Banking"
Following the Great Recession, Huntington introduced a contrarian approach to business that was driven by doing the right thing for customers. It included distinctive consumer features like 24-Hour Grace, Asterisk-Free Checking and other options to look out for people's financial well-being. Since then, Huntington launched innovations that include The Hub, the bank's digital-banking experience, Huntington Heads Up®, a digital messaging platform, and Money ScoutSM, an automatic savings tool that scans customers' accounts and looks out for money they can set aside without missing it. These free tools are designed to help customers save more money, manage their spending and keep their financial goals front and center.
Huntington is also investing in its communities to support economic inclusion and to help make customers more financially secure in the future. The bank recently announced a new, five-year,
If your account is overdrawn, we'll give you more time to make it right to avoid the overdraft fee. To find out how 24-Hour Grace
works, visit huntington.com/Grace. For the no overdraft fee
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