Snag a $100 Bonus from HawaiiUSA Federal Credit Union – Here's How

If you live in Hawaii and are looking for a simple way to earn a little extra cash, HawaiiUSA Federal Credit Union has a deal that’s worth a look. They’re offering a $100 bonus when you open an eLife Checking account and meet a few straightforward requirements. Hawaiian bank bonuses don’t pop up every day, so this is a nice opportunity if you’re eligible.

What You Need to Do to Get the $100

The process is pretty painless. First, you’ll open a new eLife Checking account with HawaiiUSA Federal Credit Union. Then, set up a recurring direct deposit or ACH credit of at least $1,000 each month for two months in a row. That could be your paycheck, Social Security, a pension, or even a transfer from another account that counts as an ACH credit.

You also need to sign up for online banking or mobile banking, and enroll in eStatements. That’s it. Once you’ve done all that within 90 days of opening the account, the $100 bonus should hit your account within 60 days.

• Open an eLife Checking account
• Receive at least $1,000 per month via direct deposit or ACH credit for two consecutive months
• Enroll in Online Banking and/or Mobile Banking
• Enroll in eStatements

A Few Things to Watch Out For

While the offer is straightforward, there are a couple of gotchas. The bonus is considered taxable income, so you’ll get a 1099 form and need to report it on your taxes. Also, make sure your account stays in good standing — no negative balances or loan delinquencies — or you might not get the bonus.

There’s a $25 fee if you close the account within 90 days, so it’s best to keep it open at least that long. And since this is a credit union, you’ll need to be eligible for membership. Typically that means living, working, or worshiping in Hawaii, but check their site for specifics.

Is It Worth It?

Absolutely, if you’re in Hawaii and can meet the requirements. There are no monthly fees, so you won’t lose money just by having the account. The direct deposit or ACH credit requirement is pretty easy to hit — many people can just switch their paycheck or set up a recurring transfer. Hawaiian bonuses are rare, so this is a solid chance to grab $100 with minimal effort.

Bottom Line

• No monthly fees make this a low-risk bonus opportunity.
• ACH credits count toward the $1,000 monthly requirement, so you don’t need a traditional direct deposit.
• Keep the account open for at least 90 days to avoid the $25 early closure fee.
• The bonus is taxable, so set aside some of the $100 for taxes.

Common Questions