[HI] First Hawaiian Bank $350 Checking Bonus

Offer at a glance

• Maximum bonus amount: $350
• Availability: Must be a resident of Hawaii, Guam or the Commonwealth of the Northern Mariana Islands (CNMI)
• Direct deposit required: Yes, $500+
• Additional requirements: 
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $15, avoidable 
• Early account termination fee: $75, 180 days
• Household limit: None 
• Expiration date: 4/30/26

The Offer

Direct link to offer

• First Hawaiian Bank is offering a bonus of $350 when you open a new Personal Priority Banking account and make a new new direct deposit(s) of $500 within 60 days

The Fine Print

• The minimum opening deposit is $20. The Personal Priority Banking checking account (“Checking Account”) must be opened from 1/1/26 through 4/30/26, to qualify for the offer. Account Closing Fee of $75 will apply if Checking Account is closed or converted to a corresponding checking account (not a Personal Priority Banking Checking Account) within 180 days of opening.
• Account with a zero balance for 30 consecutive days will be closed automatically.
• For other fees that may be assessed, refer to the Important Terms and Conditions and Schedule of Charges provided during the account opening process.
• The newly established direct deposit(s) must post to your new Checking Account within 60 days from account opening.
• A new direct deposit is a direct deposit amount that has not been previously established with the bank.
• A direct deposit is defined as certain recurring electronic deposits through the Automated Clearing House (“ACH”) Network such as payroll, pension, or social security benefits. Peer to Peer transfers (i.e. Venmo or PayPal), tax refunds, wire transfers, etc. are examples of non-qualifying direct deposits.
• First Hawaiian Bank has the sole discretion to determine a qualifying direct deposit for this promotion.
• A one-time statement credit will be completed the month following meeting the criteria and may be reported as taxable income.
• Checking Account must be open and not overdrawn to receive the statement credit.
• The offer is limited to one per customer and account.
• Priority Banking benefits cannot be combined with another promotional offer, program, or discount unless stated otherwise.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Easiest account to keep open is Priority Banking Gold. This has a $15 monthly fee that is waived if any of the following are done:

• Direct deposit of $2,000+
• Maintain a combined balance of $6,000+
• Be enrolled in the private banking program

Early Account Termination Fee

Account Closing Fee of $75 will apply if Checking Account is closed or converted to a corresponding checking account (not a Personal Priority Banking Checking Account) within 180 days of opening.

Our Verdict

Previous deal didn’t require a direct deposit but did require a deposit of $30,000/$15,000. We don’t see a lot of bank bonuses for Hawaii so probably worth doing if you’re eligible and we will add it to our best bank bonus page. 

Hat tip to reader Davis

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