Regular Certificate of Deposit (CD)
Maximize Your Savings Growth
You work hard for your money. It’s time your money work hard for you. Open a Certificate of Deposit (CD)* and lock in a high interest rate for your selected term and watch your money grow.
Certificate of Deposit Rates
- In-Branch Regular CD Special
- In-Branch Regular Jumbo CD Special
- In-Branch Regular CD
| Minimum balance and qualifying deposit of $25,000 - $99,999.992 | |
|---|---|
|
3 Month APY1 |
3.70% |
|
6 Month APY1 |
4.00% |
|
12 Month APY1 |
2.50% |
*Bank of Hawaii Time Deposit Account
1 An early withdrawal penalty may be imposed if withdrawal occurs before maturity. Fees may reduce earnings on the account. CDs automatically renew on the maturity date for the same term at the rate then in effect for accounts of the same type, amount and term. Annual Percentage Yield (APY) are accurate as of 11/14/2024 and are subject to change without notice. Opening date and effective rate (corresponding APY) are based on when funds are received. Rates not applicable to retirement accounts. Some restrictions apply.
2 CD Special must be opened in-branch with a minimum qualifying deposit of $25,000 from another financial institution.
| Minimum balance and qualifying deposit of $100,000 or more2 | |
|---|---|
|
3 Month APY1 |
4.00% |
|
6 Month APY1 |
4.00% |
|
12 Month APY1 |
2.75% |
*Bank of Hawaii Time Deposit Account
1 An early withdrawal penalty may be imposed if withdrawal occurs before maturity. Fees may reduce earnings on the account. CDs automatically renew on the maturity date for the same term at the rate then in effect for accounts of the same type, amount and term. Annual Percentage Yield (APY) are as of 11/14/2024 and are subject to change without notice. Opening date and effective rate (corresponding APY) are based on when funds are received. Rates not applicable to retirement accounts. If you do not have an existing Bankohana checking account, one is required and can be opened with a minimum deposit of $500 at the time of CD opening. Some restrictions apply.
2 Jumbo CD Special must be opened in-branch with a qualifying deposit of $100,000 or more with at least $25,000 from another financial institution, made in a single deposit.
| Minimum deposit of $2,500 - $99,999.992 |
|
Minimum deposit of $100,000+2 | |
|---|---|---|---|
|
3 Month APY1 |
3.30% |
3.50% |
|
|
6 Month APY1 |
2.00% |
3.15% |
|
|
12 Month APY1 |
1.50% |
2.75% |
*Bank of Hawaii Time Deposit Account
1 An early withdrawal penalty may be imposed if withdrawal occurs before maturity. Fees may reduce earnings on the account. CDs automatically renew on the maturity date for the same term at the rate then in effect for accounts of the same type, amount and term. Annual Percentage Yield (APY) are as of 11/14/2024 and are subject to change without notice. Opening date and effective rate (corresponding APY) are based on when funds are received. Rates not applicable to retirement accounts. Some restrictions apply.
2 CD account must be opened in-branch.
Ready to open your account?
Open at a Branch
Open your new account when and where it’s most convenient for you by booking an appointment. Our friendly team members will guide you through the process. If you’d like to combine your Bank of Hawaii funds with new money, this is the best option for you!
Connect with a specialist
We’re here to help with all of your banking needs. Choose from in-person or phone appointments at a time and location that’s convenient for you.
Contact our local experts
Send us a message, and our team will contact you by the next business day.
Frequently Asked Questions
What is a Certificate of Deposit (CD)?
CDs allow you to deposit funds into an account for a set period of time (also known as the term), and earn interest on your deposit. CDs typically earn a higher rate than traditional savings accounts, enabling you to earn more in interest, faster.
What type of CD is right for me?
The right account depends on a number of factors, including how much money you can set aside in a CD, how long until you will need it, as well as your financial goals now and in the future. If you need help choosing the right CD, we can help. Book an appointment >
What is APY?
APY stands for Annual Percentage Yield and is the amount of money or interest you earn on a bank account over one year.
I just opened my account. What’s next?
Welcome to Bank of Hawaii! Weʻll be reaching out to you via phone and email with tips to help you make the most of your new account. You can also explore features here.
*Bank of Hawaii Time Deposit Account
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Opening an account is fast and easy.
You'll need to have these pieces of information ready before you get started:
-
Name, social security number, date of birth (all applicants)
-
Phone number and email address
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The bank routing number and account number to fund your account