Blog/Best Savings Bonuses/Bank of Hawaii $75–$300 Savings Bonus (3.4% Effective APY) - 2026 Review

Bank of Hawaii $75–$300 Savings Bonus (3.4% Effective APY) - 2026 Review

By Nathaniel Booth2026-04-10Savings Bonuses
SavingsBank BonusNationwideNo Monthly FeeTiered Bonus
Offer Details
Account TypeSavings
Base APY0.01%
Funding Window30 days
Maintenance Period120 days
Total Hold~160 days
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Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

At a Glance
Requirements
  • Bonus tiers
    • $75 for a $5,000+ deposit
    • $150 for a $10,000+ deposit
    • $300 for a $20,000+ deposit
Eligibility
  • Availability: HI
  • No stated lifetime limit
Fees
  • Monthly fee: $0
  • Early closure fee: $70
Payout & closure
  • Funding window: 30 days
  • Maintenance/hold period: 120 days
  • Total practical hold: ~160 days
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No published end date
Bank bonuses are taxable interest — expect a 1099-INT. See our bank bonus tax guide.

Bonus Tiers & Effective APY

$5,000 deposit3.4% effective APY
Cash Bonus$75
Est. Interest~$0
Total Earnings~$75
$10,000 deposit3.4% effective APY
Cash Bonus$150
Est. Interest~$0
Total Earnings~$150
$20,000 deposit3.4% effective APY
Cash Bonus$300
Est. Interest~$1
Total Earnings~$301

Overview

Bank of Hawaii currently offers up to $300 through its savings promotion. The headline tier requires $20,000 and keeps the funds committed for roughly 160 days. That is approximately 3.4% annualized before tax and opportunity-cost adjustments.

Pros

+Up to $300 cash bonus
+No monthly maintenance fee
+3 payout tiers

Cons

-$20,000 required for the headline tier
-Capital is committed for roughly 160 days

Notes

Fund the account inside the 30-day window, target the tier you can maintain comfortably, and keep the qualifying balance in place for the full 120-day maintenance period. Avoid moving the money until the reward posts.

How This Compares to Other Bonuses

Bank of Hawaii's $300 headline payout is closest to Grasshopper Bank Business's $300 offer. Compare the required capital, holding time, account fees, and base interest, not only the bonus.

Frequently Asked Questions

What is the current Bank of Hawaii promotion?

Bank of Hawaii currently offers up to $300. The headline requirement is $20,000 deposit held for about 150 days.

How much money is required for the Bank of Hawaii bonus?

The highest advertised payout currently requires $20,000. Lower tiers may require less; review the tier table on this page.

How long is the money committed?

Plan on approximately 160 days including funding, maintenance, settlement, and a practical payout buffer.

Eligibility

AvailabilityHI
Lifetime LimitNo

Hawaii residents only. ChexSystems sensitive.

Fees

Monthly Fee$0

Apply

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Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

Sources (2)

We last checked this against the bank's page on September 4, 2026.

More Bank of Hawaii offers we track

Bank of Hawaii $100 Checking BonusBank of Hawaii $300 Checking Bonus
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Affiliate Disclosure

Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

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