Your automatic savings tool.
Our latest innovation analyzes your spending habits, income, and upcoming expenses to find money you're not using in your checking account—from $5 to $50—then moves it to your savings, automatically†.
Money Scout works with your Huntington Checking and Savings accounts.
Enroll in three simple steps
- Log into the Huntington Mobile app or your online banking account.
- Click on your checking account and go to the Details page.
- Click Money Scout℠ to learn more and enroll.
How Money Scout works:
It analyzes your spending habits, income, and upcoming expenses and finds money you’re not using in your checking account.
Then, it moves that money, from $5 to $50, to your savings, up to three times a week.
And, Money Scout sends an alert each time a transfer is made2.
Turn it On, Start Saving
Always in the Know
Money management – made simple.
Answer: Nope! There is no charge to enroll in Money Scout.
Answer: Money Scout will transfer small amounts from your checking account up to three times per week. Since Money Scout is personalized to you and your transaction patterns, some months you may not see any saving transfers. If your checking account was recently opened, Money Scout may require at least 4 months of account activity to understand your spending habits before Money Scout can start saving. To enroll in Money Scout, you must have Spend Analysis in The Hub active for the checking account you want to use for transfers. Spend Analysis is the chart that shows your spending for the current month by category.
Answer: Yes, but it may just be a while until you see the prompt to activate Money Scout in your Account Detail page. And understand that if your checking account was recently opened, Money Scout may require at least four months of account activity to get to know your spending habits before it can start saving effectively. To enroll in Money Scout, you must have Spend Analysis in The Hub active for the checking account you want to use for transfers. Spend Analysis is the chart that shows your spending for the current month by category.
Answer: Money Scout cannot predict all of your transactions when scheduling a transfer. Transfers will not be scheduled if your account balance falls below a pre-determined minimum balance threshold determined by us. You are responsible for ensuring your checking account has sufficient funds. In the event that your account balance falls below $0 and your account is overdrawn, you may be charged overdraft fees if you do not deposit enough funds to cover the transaction(s).
Answer: Yes! We recommend that you link your savings account to the checking account used with Money Scout for extra security. Money will be automatically transferred (if you have enough money in your linked account) to cover overdrafts and there is no transfer fee charged. Federal regulations limit the number of transfers that can be made from savings and money market accounts during a calendar month or statement cycle.
Answer: Money Scout’s predictive technology understands your transaction patterns to find how much to save for you. If you would like to change the amount of or cancel a transfer, you have until midnight on the day it is scheduled to do so by navigating to Scheduled Transfers and following prompts within the Huntington Mobile app or your online banking profile.
You can also pause Money Scout, and unpause it whenever you're ready to start saving again.
Answer: Yes. You can pause Money Scout transfers at any time within the Huntington Mobile app and online banking. You can choose to pause Money Scout for up to six months if you know you have an unusual withdrawal coming up, for example, a car repair or special anniversary trip.
Pausing and unpausing Money Scout is easy. From your savings or checking account detail page, access Money Scout, and click pause or unpause.
Answer: Unlike recurring transfers, Money Scout doesn't require you to come up with an arbitrary amount to transfer every month. It looks for optimal times to save based on your unique financial situation and saves accordingly. While round-ups are popular, they are budgeting tools that only work by saving when you spend. Money Scout moves the money you would have spent in a discreet way into your savings account preemptively, so your spending is reduced automatically, and savings increased. Plus, Money Scout can help you reach your financial goals more quickly by saving meaningful amounts.
Answer: Yes, you can access your savings as normal by transferring money from your savings account linked to Money Scout℠ back to your checking account. You can do this within the Huntington Mobile app or in online banking. Keep in mind that federal regulations limit the number of transfers that can be made from savings accounts during a calendar month or statement cycle.
Money Scout℠ is a service mark of Huntington Bancshares Incorporated.
† Money Scout automatically schedules transfers from your selected checking account and credits your selected savings account. A money market account (MMA) cannot be a selected savings account for use with Money Scout. A scheduled transfer may be canceled before midnight ET on the day it is scheduled. Transfer amounts and frequency may vary and will reduce the money available in your account to cover other transactions. You are responsible for ensuring your account has sufficient funds. You may be charged overdraft fees if your account falls below $0. Subject to eligibility, terms and conditions, and other account agreements.
‡ Message and data rates may apply.