ASB Hawaii up to $500 checking account bonus

ASB Hawaii

What’s the deal with ASB Hawaii?

Just for our readers in Hawaii, you can now earn either $300 or $500 with a new personal checking account from the American Savings Bank. You can get:

  • A $500 bonus when you open (or upgrade to) a Kalo Plus or Deluxe checking account with $100,000 from another institution. You’ll need to maintain this balance for 60 days or more to earn the $500.
  • A bonus of $300 when you open (or upgrade to) a Kalo Plus or Deluxe checking account with $50,000 from another institution. Similarly, this balance needs to be maintained for at least 60 days to earn the $300.

The offer is valid through March 31st, 2017. Here’s a quick lowdown on these ASB two checking accounts:

ASB Hawaii

Kalo Plus

With this personal checking account, you get an ATM fee rebate of up to $8 per statement period and there’s no monthly fee for your eBanking. The Kalo design checks are free and you get exclusive discounts on interest rates for personal unsecured loans and lines of credit. The monthly fee is $15 unless you have $7,000 in combined personal monthly average deposit and/or outstanding loan balances or if you have $2,500 in direct deposits per statement period.

ASB Hawaii

Kalo Deluxe 

This personal checking account gives you all the benefits of Kalo Plus as well as preferred rates on CDs,  a complimentary small safe deposit box and no fees for travelers checks or cashier’s checks. The monthly fee is $25 unless you have $30,000 in combined personal monthly average deposit and/or outstanding loan balances or if you have $5,000 in direct deposits per statement period.

(There’s also the fairly basic Kalo Simple checking account that has no monthly fee, but there’s currently no bonus available).

How do I get the ASB Hawaii deal?

You can open this account in-branch; find your nearest here or narrow the search to Hawaii Island, Kauai, Maui / Molokai or Oahu.

Alternatively, you can call the ASB Customer Banking Center on (808) 627-6900 or toll-free on (800) 272-2566.

What else do I need to know about the ASB Hawaii deal?

By the end of the third week of the month, as long as you’ve met the conditions of the offer, you’ll get the $300 or $500 bonus deposited into your checking account.

A $100 fee will be applied if you close or convert the account within 180 days of upgrading or opening; ensure that you read all the T&C before opening your new personal checking account with ASB to avoid any such fees.