Offer at a glance
- Maximum bonus amount: 60,000 Atmos miles
- Availability: Hawaii in branch only
- Direct required: $100,000
- Deposit length: Six months
- APY: 1.75%
- Hard/soft pull: Unknown
- ChexSystems: Yes
- Credit card funding: Unknown
- Household limit: None listed
- Expiration date:
The Offer
- Bank of Hawaii is offering 60,000 Atmos miles when you open a new six month CD with a minimum of $100,000. CD earns 1.75% APY
The Fine Print
- Points will be awarded to the recipient within 60 days of opening a Hawaiian Airlines Jumbo New Money Special CD unless there are discrepancies in identifying the correct Atmos Rewards account number that should be credited.
- Offer subject to change without notice.
- You will receive a 1099 for the value of the points. The current estimated value for 60,000 Atmos Rewards points is $600.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Our Verdict
If you had the $100,000 in an account earning 5% you’d earn $2,500 over that six month period. With this bonus you earn $875 and the 60,000 miles so you’d need miles to be worth a minimum of 2.7¢ just to break even. This is an easy skip, but Bank of Hawaii does have a $300 savings bonus that is worth considering.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
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- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
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