Offer at a glance
- Maximum bonus amount: $200
- Availability: Must apply in branch or by phone at one of the listed branches. Must also be a resident of Hawaii
- Direct deposit required: Yes, $500+
- Additional requirements: Use promo codes listed below
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $15 if closed within 90 days
- Expiration date: None specified
The Offer
- Receive a sign up bonus of $20 per month when you complete the following requirements:
- Open a Select checking account with a required minimum opening deposit of $100.00
- A qualifying direct deposit of $500 or more per month must be received within 60 days of account opening. Your direct deposit needs to be a recurring electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government.
- Receive an additional $20 per month when you do the following:
- Sign up for monthly eStatements
- Complete two bill pays per month via Online Bill Pay (Multiple payments to same payee or individual are ineligiblie)
The Fine Print
- Offer only available to new HomeStreet Bank consumer checking account customers who are residents of Hawaii.
- Offer not available to existing HomeStreet Bank checking customers or individuals who have had a HomeStreet Bank checking account in the last 12 months.
- Bank employees and members of their household are not eligible for this promotion.
- You can only receive one new checking account-related bonus per 12-month period.
- Offer is subject to cancellation without notice and cannot be combined with any other offer.
- Your checking account must remain open in order to receive the applicable cash bonus.
- The first bonus payment will be deposited into your new checking account within 45 to 60 days after all conditions have been met.
- Bonus payments will be made within 5 calendar days following each month of qualifying activity.
- A maximum of $200 in payments may be earned over five months.
- Bonus is considered interest and will be reported on IRS Form 1099-INT
Avoiding Fees
Select checking does not come with any monthly fees, there is an early account termination fee of $15 if the account is closed within 90 days of account opening.
Our Verdict
There is a similar bonus for those in California and a smaller $100 bonus for those in WA, OR, ID, UT. This is a pretty good bonus if you meet the requirements, bit annoying that it’s $20/$40 per month rather than a flat bonus but still worth doing in my opinion.
We’ve added this to our best deposit account bonus page.
Homestreet has a new $100 bonus on their Seahawks Checking. Requires $500 DD.
https://www.homestreet.com/personal/banking/checking
Thanks
Got this one listed here: https://www.doctorofcredit.com/wa-ca-id-ut-hi-homestreet-bank-100-checking-bonus-seahawks-checking/
Oops. Somehow I missed that post.
FYI, it now says DD within 60 days of account opening.
What DD works for this bank? Tried PayPal and nothing yet.. Might try Alliant cu later
Hi Sonia,
Did you apply in-branch or were you able to apply over the phone/online?