[HI, In Branch] Bank of Hawaii 60k Atmos Miles With $100,000 Certificate Of Deposit (6 Months, 1.75% APY)

Offer at a glance

Maximum bonus amount: 60,000 Atmos miles

Availability: Hawaii in branch only

Direct required: $100,000

Deposit length: Six months

APY: 1.75%

Hard/soft pull: Unknown

ChexSystems: Yes

Credit card funding: Unknown

Household limit: None listed

Expiration date:

The Offer

Direct link to offer

Bank of Hawaii is offering 60,000 Atmos miles when you open a new six month CD with a minimum of $100,000.CD earns 1.75% APY

The Fine Print

Points will be awarded to the recipient within 60 days of opening a Hawaiian Airlines Jumbo New Money Special CD unless there are discrepancies in identifying the correct Atmos Rewards account number that should be credited.

Offer subject to change without notice.

You will receive a 1099 for the value of the points.The current estimated value for 60,000 Atmos Rewards points is $600.

All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Our Verdict

If you had the $100,000 in an account earning 5% you’d earn $2,500 over that six month period.With this bonus you earn $875 and the 60,000 miles so you’d need miles to be worth a minimum of 2.7¢ just to break even.

This is an easy skip, but Bank of Hawaii does have a $300 savings bonus that is worth considering.

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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.