If you’re like most people, your checking account does the heavy lifting when it comes to everyday banking tasks. It’s the account you use to pay bills and conduct most of your transactions. If you tend to keep a higher balance, a HawaiiUSA eLife Checking Account can help you to grow your money with a healthy interest rate while benefiting from a wide range of free services.
Meet three simple requirements each month² to qualify and you'll earn 11.5x the interest most credit unions pay.
*APY = Annual Percentage Yield. Premium Rates of 1.50% APY paid on average daily balances of $10,000 and below and 0.10% APY paid on average daily balances over $10,000 each monthly cycle when monthly qualifications have been met. If monthly qualifications are not met, a base rate of 0.01% APY will be paid on the average daily balance. Rates current as of 04/01/2020 and may change anytime after the account has been opened. Minimum $20 is required to open this account. No minimum balance is required. Subject to other HawaiiUSA FCU account terms and conditions. Other fees may apply which could reduce your earnings. A minimum $5 is required to open a HawaiiUSA FCU Share savings account (if applicable). Member must be eligible for and obtain a HawaiiUSA FCU Debit Card.
¹Comparison based on HawaiiUSA eLife 1.50% APY as of 04/01/2020 vs. the credit union national average savings rate as of 04/01/2020 sourced from National Association of Federal Credit Unions in cooperation with SNL Financial and Datatrac Corp.
²Each month's qualification cycle ends on the second to the last day of each month. The eLife Checking: Qualifications document---which contains the various qualification cycles and other important information---is available to download or can be obtained at any HawaiiUSA FCU branch. Your Debit Card transactions and direct deposit/ACH transactions must be posted or cleared on the account to be counted within each qualification cycle. It may take up to three business days before the transaction posts or clears the account.