Bankohana Checking
Get more with Bankohana. $400 more!
Earn a $400 bonus and other perks when you open a new Bankohana II or III checking account and make Qualifying Direct Deposits within 60 days from opening.
Bankohana gives you more.
Enjoy the benefits of premium banking, starting with a $400 bonus when you open a new Bankohana II or III checking account and make $3,500 in total Qualifying Direct Deposits within 60 days of opening your account.1
Here’s how it works
- Open
Open a new Bankohana Level II or III checking account. - Set up your direct deposit
Make Qualifying Direct Deposits totaling $3,500 or more within 60 days of opening your account. - Get rewarded
Receive your $400 bonus within 120 days from account opening when you meet the qualifying requirements.
Get started
Start enjoying premier benefits today. Open your account online or at a branch near you.
Bankohana Level II
- Enjoy benefits like preferred rates, waived fees, and more
- Waived monthly service fee with $20,000 in combined
Bankohana balances2
$500 minimum opening deposit
Bankohana Level III
- Enjoy Level II benefits, plus Level III Bankohana benefits
- Waived monthly service fee with $50,000 in combined
Bankohana balances2
$500 minimum opening deposit
Connect with a specialist
Choose from in-person or phone appointments at a time and location that’s convenient for you.
Here’s what you need to know
Bankohana Level II Checking
Bankohana II checking accounts make your hard-earned money work even harder for you with higher interest rates and special features.
What you get:
- Enjoy Bankohana Level I benefits, plus Level II Bankohana benefits
- Complimentary Bankoh Collection Series checks
- Bankohana preferred interest rates
- Fees waived on notary services and cashier checks
- Discounted monthly service fee for a Bankoh Hawaiian Airlines® Visa® Debit Card.
What you need:
- $500 minimum opening deposit.
- $20,000 combined balance requirement in qualifying related accounts to avoid monthly service fee of $25.
- Accounts opened online are only available to applicants with a physical address in the 50 United States, Guam, Saipan, Palau or American Samoa (for existing customers).
Learn more about Bankohana II checking accounts
To view preferred interest rates, visit the consumer checking & savings rate sheet
Bankohana Level III Checking
Bankohana III checking accounts reward you with a host of valuable features and fee waivers in one easy-to-manage package. It’s the account that unlocks more with higher balances.
What you get:
- Enjoy Bankohana Level II benefits, plus Level III Bankohana benefits
- Fees waived on non-Bank of Hawaii ATMs
- Complimentary Bankoh Collection Series checks
- Bankohana preferred interest rates
- Monthly service fee waived for an exclusive Bank of Hawaii Black Visa®Debit Card with HawaiianMiles®or Bankoh Hawaiian Airlines® Visa® Debit Card.
What you need:
- $500 minimum opening deposit.
- $50,000 combined balance requirement in qualifying related accounts to avoid monthly service fee of $30.
- Accounts opened online are only available to applicants with a physical address in the 50 United States, Guam, Saipan, Palau or American Samoa (for existing customers).
Learn more about Bankohana III checking accounts
To view preferred interest rates, visit the consumer checking & savings rate sheet
Who is eligible for this promotion?
Any new or existing Bank of Hawaii customer is eligible for this promotion when they open a new Bankohana II or III checking account.
This promotion is limited to one bonus per account per customer. If any owner of a checking account has already received a bonus, any other checking account owned by account owner will not qualify.
Can I participate in this promotion when I open my account at a Bank of Hawaii branch?
Yes, you may participate in this promotion when you open your account online or in-branch. Ready to open your account in branch? Book an appointment.
What is considered a Qualifying Direct Deposit?
Qualifying Direct Deposits are defined as incoming ACH credits which can include electronic deposits made from an employer or another payer, such as salary, pension, or Social Security benefits. The deposit method is determined by the sender of the credit and Bank of Hawaii will rely on this information to determine a Qualifying Direct Deposit.
The following types of transactions are examples of what is not considered Qualifying Direct Deposits:
- Peer-to-peer transfers processed as an ACH credit (such as Venmo, PayPal, etc.)
- Zelle
- Deposits made at a teller, ATM, or through the Bank of Hawaii mobile app
- Internal transfers from another Bank of Hawaii account
- Incoming wires
How do I set up direct deposit?
Setting up direct deposit is quick and easy. Visit our Direct Deposits page for more information.
How will the I receive the $400 bonus if I qualify for this promotion?
The $400 bonus will be applied to your Bankohana II or III checking account as a statement credit. Your account must be in good standing and open at the time of credit.
I participated in this promotion. When will I see the $400 bonus in my account?
Those who qualified for the promotion will see the statement credit applied to their Bankohana II or III account within 120 days of their account opening date.
Will I receive a 1099 if I participate in this promotion?
Yes, you will receive a 1099-INT for the value of the $400 bonus.
1 Eligibility
To be eligible for a new checking account bonus, you must open a new Convenience or Bankohana Level II or III Checking account (“Account”) and meet the respective requirements outlined in the table below. See the Initial Opening Deposit and Qualifying Direct Deposits sections below for the definition of an Initial Opening Deposit and Qualifying Direct Deposits.
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 II or Level III Checking | 3/11/2024 HST | Online OR In Branch | $500 | $3,500 | $400 |
A new Account must be opened. Changing an existing checking account product type will not qualify for any of the bonus offers. The Account open date is considered day 1. For Accounts opened on the weekend or a federal holiday, the next business day is considered your Account open date.
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. This offer cannot be combined with other checking promotions. Offer is subject to change or end without prior notice.
Initial Opening Deposit
An Initial Opening Deposit is defined as the deposit made during the account opening application process. Any deposits made after the account opening process is completed are not considered as part of your Initial Opening Deposit, even if transactions are made on the same day as account opening. Although the minimum deposit to open a Convenience Checking account is $25, a higher Initial Opening Deposit of $500 is required to qualify for the Convenience Checking bonus. See Table 1 above. Your Initial Opening Deposit does not count towards the Qualifying Direct Deposits requirement.
Qualifying Direct Deposits
Qualifying Direct Deposits are defined as certain incoming ACH credits posted to your account, which can include electronic deposits made from your employer or another payer, such as your salary, pension, or Social Security benefits. The deposit method is determined by the sender of the credit, and Bank of Hawaii (“the Bank”) will rely on this information to determine a Qualifying Direct Deposit. The Bank has sole discretion to determine what a Qualifying Direct Deposit is for purposes of this promotion.
The following types of transactions are examples of what are NOT considered Qualifying Direct Deposits:
- All Initial Opening Deposits of checking accounts
- Peer-to-peer transfers processed as an ACH credit (such as Venmo, PayPal, etc.)
- Zelle transfers
- Deposits made at a teller, ATM, or through the Bank of Hawaii mobile app
- Internal transfers from another Bank of Hawaii account
- Incoming wires
If you fail to meet the Qualifying Direct Deposit requirement within 60 days from Account opening, you will not receive the bonus.
1099 Issuance
A 1099-INT form will be issued from Bank of Hawaii to the primary accountholder for the value of bonus applied to your Account. You are responsible for any and all taxes and fees associated with the credit awarded from this promotion.
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 II | $500 | $25 (or waived with a Combined Balance of $20,000) | $1 | 0.01% |
| $50,000 | 0.02% | |||
| Bankohana Level III | $500 | $30 (or waived with Combined Balance of $50,000) | $1 | 0.01% |
| $50,000 | 0.02% |
The variable Annual Percentage Yields (APYs) are as of 1/29/2025 for State of Hawaii and 1/30/2025 for Saipan, Guam, and Palau and can change at any time. Fees may reduce earnings. 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.
For further details on these accounts, please see the Outline of Basic Terms & Conditions, Consumer Checking and Savings Account Fee Schedule, and Bankohana Addendum available at a branch or at boh.com/agreements.
2 For a full list of accounts that may be used to meet the combined balance requirement, review the Bankohana Benefits and Requirements document.
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Opening an account is fast and easy.
You'll need to have these pieces of information ready before you get started:
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Name, social security number, date of birth (all applicants)
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Phone number and email address
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The bank routing number and account number to fund your account
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