Offer at a glance
- Maximum bonus amount: $100
- Availability: Hawaii
- Direct deposit required: Yes or ACH credit
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: $25, 90 days
- Household limit: None
- Expiration date: June 30, 2024
Contents
The Offer
- HawaiiUSA Federal Credit Union is offering a $100 bonus when you open a new eLife checking account and complete the following requirements:
- setup and receive at least one monthly recurring Direct Deposit or ACH Credit totaling $1,000 per month for two consecutive months
- Enroll in Online Banking and/or Mobile Banking
- Enroll in eStatements
The Fine Print
- Qualified members who open a new eLife Checking account with HawaiiUSA Federal Credit Union between 4/1/2024 through June 30, 2024, may be eligible to receive a $100 reward when all requirements are met.
- Requirements for this promotion are as follows: 1) open a new eLife Checking account; 2) setup and receive at least one monthly recurring Direct Deposit or ACH Credit (e.g. – payroll, social security, or pension) totaling $1,000 for a minimum of two consecutive months; 3) enroll in Online Banking and/or Mobile Banking; and 4) enroll in eStatements.
- Requirements must be met within 90 days of account opening to be eligible.
- After all requirements have been met, the $100 reward will be deposited to the member’s new eLife Checking account within 60 days.
- This promotion may be discontinued at any time without prior notice.
- Limit one $100 reward per member.
- The $100 reward is subject to 1099 reporting requirements and may be reportable as taxable income.
- Accounts must be in good standing at the time of reward payment with no negative balances or loan delinquencies.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
$25 if closed within 90 days according to the fee schedule.
Our Verdict
It says an ACH credit should work so should be easy to hit the direct deposit requirement. We don’t see a lot of Hawaiian bonuses so probably worth doing if you’re eligible.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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?
- 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?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
View Comments (7)
For those who are interested, today (June 30th) is the last day to apply.
I think most folks here would be wondering about OOS eligibility.
https://www.hawaiiusafcu.com/about/join/membership
You can apply for a membership by opening an account online, or if you are a current member, you can open a secondary savings and checking account! You may be eligible to join HawaiiUSA if:
Lots of select employee groups but nothing that appeared nationwide.
Good looking out for Hawaii promos. I would add that eLife checking also pays 5.0% interest on the first $10,000 in the account after 10 debit card purchases each month.
Bank of Hawaii is offering checking bonuses. Can't share the link, but it's on their website. Not sure what counts as direct deposit so I'm hesitant to sign up.
I live OOS in FL and I’ve applied 2 times and both times instant approved. They give account numbers and the debit card showed up a week later. Around 2 weeks after approval the account gets locked and closed with the remaining funds sent back as a check. When I called to inquire they mention it’s open nationally but if they see your outside Hawaii they’ll close it down. It’s okay to apply in person OOS.