Bank of Hawaii Offer

Bonus Details

Get a bonus of $300 or $100 after receiving qualifying direct deposits within 60 days of account opening.

How To Qualify

Open Convenience Checking online for $100 with $2,000 in qualifying direct deposits, or Bankohana Level I online or in branch for $300 with $3,500 in qualifying direct deposits. Receive deposits within 60 days. Both require a separate $500 deposit during the opening application. In-branch Bankohana accounts must opt in with a banker within 30 days. Keep the account open, unchanged and in good standing through payout. Limit one checking bonus per customer; account conversions do not qualify.

APY Details

Bankohana Level I earns a variable 0.01% APY. Convenience Checking does not advertise an APY.

APY Requirements

Bankohana Level I requires a $1 minimum balance to earn APY.

The Fine Print

Monthly Fees: $15
Account Type: Personal Bank Account
Expiration Date: None Listed
Availability: Hawaii

Monthly Fee Details

Bankohana Level I: $15 monthly, waived with $6,000 combined balance. Convenience: $5 monthly, waived with $500 average daily ledger balance or $500 in monthly direct deposits. Closing within 180 days costs $70 for Bankohana or $40 for Convenience.

Early Account Closure Fee

Bankohana Accounts closed within 180 days of account opening will be assessed an early closing fee of $40.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

Table 1 New Checking Account Opened on or after… …via … with Initial Opening Deposit of… … and have Qualifying Direct Deposits of… … are eligible to receive a bonus amount of Convenience Checking 5/28/2024 HST Online $500 $2,000 $100 Bankohana Level I Checking 7/1/2026 HST Online OR In Branch $500 $3,500 $300 A new Account must be opened. Make your Qualifying Direct Deposits1 within 60 days of opening your account. Changing an existing checking account product type will not qualify for any of the bonus offers. For Bankohana Level I accounts opened in-branch, account must also be successfully opted in with a banker within 30 days of account open. If qualifications are met, a bonus will be applied directly to your Account within 120 days of your Account’s open date. Your Account must remain open and be in good standing (e.g. not overdrawn or charged off, etc.) at the time of the bonus award. If your Account type is changed or if your Account is closed before the bonus is awarded, you will not receive the bonus. Limit one checking bonus per Account per customer. If a checking Account is jointly owned and qualifies for the bonus, we consider the award as being granted to both owners and will satisfy the limit of one checking bonus per customer. Initial Opening Deposit An Initial Opening Deposit is defined as the deposit made during the account opening application process. Your Initial Opening Deposit does not count towards the Qualifying Direct Deposits requirement. About Your Checking Account Checking Account Type Minimum Deposit to Open Monthly Service Fee Minimum Balance to Earn APY Variable APY Convenience $25 $5 (Or waived with Minimum average daily Ledger Balance of $500 or total minimum monthly Direct Deposits of $500. The average daily Ledger Balance will appear on your statement as “Average balance") N/A N/A Bankohana Level I $500 $15 (or waived with a Combined Balance of $6,000) $1 0.01% The variable Annual Percentage Yields (APYs) are as of 7/1/2026 for State of Hawaii and 7/2/2026 for Saipan, Guam, and Palau and can change at any time. Convenience Checking accounts closed within 180 days of account opening will be assessed an early closing fee of $40. Bankohana Accounts closed within 180 days will be assessed an early closing fee of $70.