Huntington Launches Its Own Credit Card
Huntington Bancshares came back into the credit-card business with a new, more consumer-friendly, credit card.
Before the launch of its new credit card, the bank did a lot of research trying to understand what consumers want to make sure the card they were going to push will be compelling and fair.
The previous Huntington’s credit cards carried the Huntington name but were administrated by a third party. Starting from 2012, Huntington has been completely without a card. Now the bank’s rolling out a credit card for existing retail customers.
The new Huntington card was developed in partnership with MasterCard and is called Voice. The card has no annual fee and offers 24 extra hours to make a payment before a late fee is imposed. Moreover, if you pay late, you won’t be punished with a higher interest rate, as it happens with other credit cards.
Another good feature is that customers have the opportunity to choose the card with rewards or the card with a lower interest rate.
If you opt for the first one, you can choose among 13 categories with triple rewards, like grocery, gasoline, restaurants and travel. And you can switch between categories every quarter.
If rewards are not what you want and if you carry a balance every month, you can get the one that provides an interest rate 3 percentage points lower than the rate on the rewards card.
The Huntington Voice credit card is available to consumers at the bank’s branches and online.