[Expired] [HI] First Hawaiian Bank $150-$300 Savings Bonus, Direct Deposit Not Required

Deal has expired, view the best current checking bonuses by clicking here.

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Must be a resident of Hawaii, Guam or the Commonwealth of the Northern Mariana Islands (CNMI)
  • Direct deposit required: No
  • Additional requirements: Deposit $15,000-$30,000
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $15, avoidable
  • Early account termination fee: $75, 180 days
  • Household limit: None listed
  • Expiration date: February 28th, 2019

The Offer

Direct link to offer

  • First Hawaiian Bank is offering a bonus of $300 when you open or upgrade to a Priority Banking Checking account with $30,000 from another financial institution. You can also get $150 with a deposit of $15,000.

The Fine Print

  • Priority Banking: Open or upgrade to Priority Banking with a minimum opening deposit of $30,000 drawn from another financial institution, by February 28, 2019, to receive a $300 statement credit (or $150 statement credit for $15,000 minimum opening deposit drawn from another financial institution).
  • Accounts closed or converted out of Priority Banking within 180 days will be assessed a $75 charge.
  • The statement credit will be completed the month following the qualifications being met.
  • The rates may change after the account is opened/upgraded. Limit of one statement credit per offer or account.
  • Business and corporate accounts do not qualify for this offer.
  •  These offers cannot be combined with any other discounts, offers or promotions.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The easiest account to keep fee free is the priority banking 1 account. This has a $15 monthly fee, this is waived with a combined balance of $6,000.

Early Account Termination Fee

If the account is closed or converted within 180 days a $75 charge will be assessed.

Our Verdict

Doesn’t seem like there is a minimum deposit length for the $150/$300 bonuses, keep in mind the account does need to be kept open for 180 days to avoid the early account termination fee. Still keeping $6,000 in the account for half a year for a $300 bonus seems like a good deal, assuming it’s a soft pull to open and that you have the initial liquid funds required. As always, please share your experiences with this bonus in the comments below.

Hat tip to Maximizing Money

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23 Comments
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Gerry
Gerry (@guest_738586)
March 23, 2019 15:10

Any one got the bonus yet? My 2nd statement just posted and still there isn’t a $300 statement credit.

Gerry
Gerry (@guest_745020)
April 5, 2019 18:40

Went to my local branch yesterday and asked why my statement credit wasn’t posted yet. I provided copies of the sreenshots of the promotion. After 15 minutes, the employee told me that they will call me once they figure out the problem. Haven’t heard from them since. CFPB will probably need to step in soon.

Gerry
Gerry (@guest_749599)
April 17, 2019 14:57

$300 statement credit was posted 4/12/19. Didn’t file a CFPB complaint. A bit of a hassle, but I’m glad I got the bonus.

iks
iks (@guest_706087)
January 14, 2019 21:14

I was told that cumulative deposits will work, but they must post within 2 weeks of opening the acct. You also need to apply in-branch for Priority Banking accts, in general. It seems like you can apply online, but your application won’t be considered complete until you go into a branch.

carl wilson
carl wilson (@guest_704973)
January 12, 2019 16:58

Would someone who is a resident of another state, but owns property in Hawaii, qualify for this account/bonus?

Brandon
Brandon (@guest_704992)
January 12, 2019 19:01

be that data point my friend, let us know

Waingro
Waingro (@guest_704966)
January 12, 2019 16:09

FYI, you’ll lose at least $75 due to the 180 day requirement.

Gerry
Gerry (@guest_704959)
January 12, 2019 15:51

It seems easy to get. I’ll go in branch and ask questions.

Yosh
Yosh (@guest_713535)
January 29, 2019 01:53

Did you apply?

Gerry
Gerry (@guest_715779)
February 1, 2019 21:45

I haven’t yet. Just giving myself time to collect 30k. For sure I’ll be ready before this deal expires in late February.

yosh
yosh (@guest_715790)
February 1, 2019 22:31

tried filling out the online app and all it does is tell you that a banker will be in touch with you within 5 biz days. no option to fund at all.

Gerry
Gerry (@guest_715800)
February 1, 2019 23:16

I plan to apply in branch and have a 30k check ready. When I went to First Hawaiian 2 weeks ago, the lady that I talked to recommended that I should have my funds ready to deposit when I’m ready to apply in branch for the checking account.

Yosh
Yosh (@guest_719728)
February 9, 2019 05:02

Any idea if they use Chex?

Gerry
Gerry (@guest_719821)
February 9, 2019 15:05

That’s what I’m afraid of. I applied for a lot bank accounts this past year. I recently got denied back in December. I started closing a few accounts lately.

Yosh
Yosh (@guest_719853)
February 9, 2019 17:32

Can confirm not Chex sensitive. No questions about external accounts. Quick and hassle free. Go go go!

Gerry
Gerry (@guest_719884)
February 9, 2019 20:02

You got your deposit in?

Yosh
Yosh (@guest_719887)
February 9, 2019 20:13

Yeah. Three biz days to clear. No hard inquiry. No CC funding. Ended up using a check to fund. If you have loan balances, those will count towards the minimum balance requirement in the checking.

Gerry
Gerry (@guest_720069)
February 10, 2019 15:17

Mahalo Yosh

Svy
Svy (@guest_704933)
January 12, 2019 14:17

Wow, tough residency requirement to be a resident of HI, Guam, AND the Mariana Islands! 😉

k.m.
k.m. (@guest_704919)
January 12, 2019 13:32

Thanks doc, I’ll check this out.

JD
JD (@guest_719729)
February 9, 2019 05:05

Did you successfully apply?

K.M.
K.M. (@guest_765688)
June 1, 2019 15:27
  JD

hi there. sorry for the late reply, but i decided not to apply. i put my money in the american express 2.1% savings account instead.