Bankohana Bonus Rate Savings
Earn up to $3001 with a new Bankohana Bonus Rate Savings Account
Grow your savings and earn even more along the way. With a Bonus Rate Savings account, you can qualify for bonus interest when you make a $25 deposit and no withdrawals during the month.
Earn $75
when you deposit $5,000 and meet promotion requirements.
Earn $150
when you deposit $10,000 and meet promotion requirements.
Earn $300
when you deposit $20,000 and meet promotion requirements.
Here's how it works
- Open an eligible savings account
Open a Regular Savings, Bonus Rate Savings, or Bankohana Bonus Rate Savings account. A Bankohana Bonus Rate Savings account requires a Bankohana checking account which can be opened with a deposit of $500. - Fund your account
Make the required deposits within 30 days of account opening - Maintain your balance
After the first 30 days, maintain your daily balance of $5,000, $10,000, or $20,000 for the next 60 days. - Earn a cash bonus
Your bonus will be credited to your account after meeting all promotion requirements.
Ready to open your account?
Open Online
Opening an account online is quick and easy. Follow the prompts and you’ll be done in a few minutes.
Open at a Branch
Open your new account when and where it’s most convenient for you by booking an appointment. Our friendly team members will guide you through the process.
Get More with Bank of Hawaii
Mobile and Online Banking
Mobile and Online Banking
Bring banking right to your fingertips. Learn more >
-
Check your balances 24/7
-
View your transaction history
-
Transfer funds
Convenient Locations
Convenient Locations
Ease and accessibility when you need it. Find locations >
-
Access the largest ATM network in Hawaii
-
Stop by our convenient branches
-
Meet with one of our local experts
Connect with a specialist
Choose from in-person or phone appointments at a time and location that’s convenient for you.
Contact our local experts
Send us a message, and our team will contact you by the next business day.
Frequently asked questions
Do I need to open a Bankohana Checking account to open a Bankohana Savings or CD account?
Yes, your Bankohana Checking account will be your primary Bankohana account and is required to open a Bankohana Savings or CD account. A Bankohana Checking account requires a minimum opening deposit of $500.
What do I need to open my Bankohana account online?
Opening a Bankohana account is fast and easy. Youʻll need the following to get started:
- Name, social security number, date of birth (all applicants)
- Phone number and email address
- The bank routing number and account number to fund your account
How do I fund my Checking or Savings account online?
There are three methods to fund your account online:
The first method, Instant Account Verification (IAV) is an easy and convenient way for you to use the username and password of your existing account with another financial institution to verify and fund your new account on the spot.
The second method, Small Dollar Verification (SDV) verifies your new account by depositing two small deposits (less than $1 each) into your existing bank account. The deposits will appear within 1-3 business days. You will then need to log back into your new deposit account application and verify the deposit amounts to successfully open your account online.
The last method is internal funding. If you are an existing Bank of Hawaii customer, you can enter your online banking login or debit card and PIN at the beginning of the account opening process to fund your new account with funds from your existing Bank of Hawaii account.
What if I want to open my Bankohana account in a branch?
For your convenience, we recommend booking an appointment in advance to ensure you’re able to get the dedicated time you need.
How do I earn the bonus interest on my Bankohana Bonus Rate Savings account?
Bonus interest is earned on a Bankohana Bonus Rate Savings account when deposits total at least $25 and no withdrawals are made for that month.
Bonus interest is earned on a Bankohana Bonus Rate Savings Plus account when deposits total at least $100 and no withdrawals are made for that month. The minimum deposit of $100 and no withdrawals during the month are not required to receive the bonus interest rate and the combined APY for Bankohana Bonus Rate Savings Plus with $250,000 or more in balances.
If I do not qualify for the bonus interest, will I still earn regular interest?
Yes, you will earn regular interest for that month.
How do I know my account is earning the bonus interest vs. the regular interest?
The bonus interest will be reflected on your statement as “Bonus Int”
How do I set up a recurring transfer to deposit into this account?
Once you have successfully opened and funded your account, simply visit boh.com and enroll in Bank of Hawaii Online Banking. Once enrolled and logged in, you may set up your recurring transfer.
1 This offer is valid for new Regular Savings, Bonus Rate Savings, or Bankohana Bonus Rate Savings accounts. To qualify for the bonus, make your New Money deposit(s) directly to the new Account in the form of a personal or official check from another financial institution, an incoming wire, ACH credit, Online Banking external transfer, or external funding of a new Account opened through boh.com within 30 days of account opening. You will be required to maintain the required Daily Account Balance every day from Day 31 through Day 90 after Account opening ("Maintenance Period") to qualify for the bonus. If your Daily Account Balance falls below the required amount for even one (1) day during the Maintenance Period (even if due to a fee imposed on your account), you will not receive the bonus.
| New Savings Account | Opened on or after … | …via | … with New Money deposit(s) of at least… | … and Maintain a Daily Account Balance of… | … are eligible to receive a bonus amount of |
| Regular Savings OR Bonus Rate Savings OR Bankohana Bonus Rate Savings | 8/4/20206 HST | Online OR In Branch | $5,000 within the first 30 days from Account open date |
$5,000 or more between day 31 and day 90 from Account open date |
$75 within 120 days from Account open date |
| $10,000 within the first 30 days from Account open date |
$10,000 or more between day 31 and day 90 from Account open date |
$150 within 120 days from Account open date |
|||
| $20,000 within the first 30 days from Account open date |
$20,000 or more between day 31 and day 90 from Account open date |
$300 within 120 days from Account open date |
If all qualifications are met, the cash bonus will be applied directly to your Account within 30 days. Your Account must remain open and be in good standing at the time of the bonus award. A 1099-INT form will be issued from Bank of Hawaii to the primary accountholder for the value of the bonus applied to your Account. Limit one savings bonus per Account per customer. If a savings account is jointly owned and qualifies for the bonus, we consider the award as being granted to both owners. This offer cannot be combined with other savings promotions. Offer is subject to change or end without prior notice.
The variable Annual Percentage Yields (APYs) are as of 8/4/2026 for State of Hawaii and 8/5/2026 for Saipan, Guam, and Palau and can change at any time. Fees may reduce earnings. Accounts closed within 180 days of account opening will be assessed an early closing fee of $40.
| Savings Account Type | Minimum Balance* to Open | Monthly Service Fee | Minimum Balance to Earn APY | Interest Rate | APY | Bonus Interest Rate‡ | Combined APY |
| Regular Savings | $100 | $5† | $1 | 0.01% | 0.01% | None | None |
| Bonus Rate Savings | $100 | $5§ | $1 | 0.01% | 0.01% | 0.02% | 0.03% |
| $10,000 | 0.01% | 0.01% | 0.02% | 0.03% | |||
| $25,000 | 0.01% | 0.01% | 0.02% | 0.03% | |||
| $100,000 | 0.02% | 0.02% | 0.02% | 0.04% | |||
| Bankohana Bonus Rate Savings# | $100 | None | $1 | 0.02% | 0.02% | 0.02% | 0.04% |
| $10,000 | 0.02% | 0.02% | 0.02% | 0.04% | |||
| $25,000 | 0.02% | 0.02% | 0.02% | 0.04% | |||
| $100,000 | 0.03% | 0.03% | 0.02% | 0.05% |
* Although the minimum balance to open each account is $100, a higher deposit(s) of $5,000 or more is required to qualify for the bonus. Please note however that the $100 minimum balance to open your account may qualify toward your total deposit requirement.
† Regular Savings Monthly Service Fee waived when you meet a minimum Daily Ledger Balance of $300.
‡ The bonus interest rate and the combined APY are contingent upon making a minimum monthly deposit of $25 and no withdrawals during monthly cycle.
§Bonus Rate Savings Monthly Service Fee waived when you meet a minimum daily Ledger Balance of $500 or minimum monthly deposit of $25 and no withdrawals during monthly cycle.
# To open a Bankohana Bonus Rate Savings account, a Bankohana Checking account is required and can be opened with a minimum deposit of $500 at the time of savings account opening.
You're about to exit BOH.com
Links to other sites are provided as a service to you by Bank of Hawaii. These other sites are neither owned nor maintained by Bank of Hawaii. Bank of Hawaii shall not be responsible for the content and/or accuracy of any information contained in these other sites or for the personal or credit card information you provide to these sites.
Opening an account is fast and easy.
Please ensure you have the bank routing number and account number to fund your new account.
If you don’t already have a Bankohana checking account, you’ll be prompted to open one during the account opening process.
