Being the largest bank in Hawaii, First Hawaiian Bank (FHB) offers a decent selection of account options with average interest rates. To find out if First Hawaiian Bank is right for you, continue reading below.
First Hawaiian Bank is known for their top notch and friendly customer service as they are always happy to assist.
If you sign up for Priority Banking, you can maximize your earnings and link your savings accounts to function as one dependable bank account!
Checking Account Options
First Hawaiian Bank offers a small selection of checking accounts that are simplistic and aren’t too much of a hassle to open.
This checking account is somewhat basic and requires either $100 to open or $5 in direct deposits.
There is a $7 monthly fee, but it can be waived by having at least $1,500 in direct deposits.
You also will receive a First Hawaiian Bank Mastercard® Debit Card, free checks, online/mobile banking and identify theft protection.
This account unfortunately doesn’t interest however.
This checking account is quite simple but still requires a minimum deposit of $100 to open.
There is a cheaper $2 monthly fee, but that can be waived when you sign up for eStatements.
Although you have to pay $5.99 to use online bill-pay, the fee can be waived if you have $500 in combined direct deposits.
This account may not earn interest, but there are also no minimum balance requirements.
This is a premier checking account offered in tiers. Each tier has different benefits depending on what kind of additional banking services you need.
You will need at least $100 or $5 in direct deposit to open this account.
Priority Banking Tiers:
- 1 – Helps your account grows
- 2 – Discounts on loans and mortgage
- 3 – Discounts on loans and services
There is a $4 monthly fee also, but that can be waived if you maintain a minimum balance of $300.
Compare Checking Accounts
 • New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities • Chase Mobile® app - Manage accounts, pay bills, send money to friends with Zelle® and deposit checks from almost anywhere. • Chase Overdraft AssistSM – no overdraft fees if you’re overdrawn by $50 or less at the end of the business day or if you’re overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day* • Help keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock. • Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law. • With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs. • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. *With Chase Overdraft AssistSM, we won’t charge an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts. |
Savings Account Options
First Hawaiian Bank has a decent variety of savings accounts that all earn tiered interest rates. To get more out of your savings, link them to your checking accounts!
This is a basic savings account that earns decent interest.
You can open the account with a minimum deposit of $100 or $5 in direct deposits.
There is a monthly fee, but you can waive it by just maintaining a daily balance of $300.
You can also link the savings account to one of your First Hawaiian Bank checking accounts to receive overdraft protection.
If you have a Priority Banking checking account, then you can earn exceptionally higher rates.
This is ideal for members of Priority BankingSM or PrimeTimeSM/PrimeraSM Platinum or Gold.
You can also link this savings account to any of your checking ones for overdraft protection.
This savings account has more flexibility than the other ones.
Like all the other ones, you will need at least $100 to open it or $5 in direct deposits.
If you manage to maintain a $5 minimum daily balance, you can avoid the monthly fee.
An additional benefit you can acquire with this savings account is access to Automatic Savings.
On FHB’s website, you can schedule automatic transfers from your checking right into your YesSavingsSM account.
This is a savings account that earns money market interest rates.
Because this savings account earns higher interest, you will need at least $1,000 for a minimum opening deposit.
If you manage to maintain $1,000 as a minimum daily balance, you can waive the monthly fee.
You can also waive it by having a combined balance of $2,500.
Compare Savings Accounts
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CD Account Options
First Hawaiian Bank has a wide variety of CD terms within three main CDs and they also require no monthly fees either.
If you want to learn more about their CDs, click here.
With this CD, you can set it aside for bill payments specifically.
They all have varying opening deposits depending on how long the CD term is.
You can learn more about Bank Bills CDs here.
This is the regular CD that First Hawaiian Bank offers. The opening deposit amounts also differ with each CD term’s length.
These CDs range from 12 months to 36 months.
This CD is only available to open online and you get free online banking with it.
You can open each CD with just $500, and the terms range from 6 months to 36 months.
Compare CD Accounts
 • Available nationwide online, Discover® offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Get started and open a Discover CD in 3 easy steps. |
Reasons to Bank with First Hawaiian Bank
- You can link your checking and savings accounts to earn higher interest.
- All their savings accounts earn interest.
- Linking your checking and savings accounts prevent overdrafts.
- Their accounts have low minimum requirements.
- They are known to have great customer service. Their customer service is available 24/7.
- The monthly service fees aren’t that a lot and aren’t too hard to waive either.
- They have a wide variety of CD terms and options.
- You can conduct all your banking online or on the First Hawaiian Bank mobile app.
Reasons Not to Bank with First Hawaiian Bank
- Their checking accounts don’t earn interest.
- First Hawaiian Bank branches are only in Pacific Coast era.
- Most of their accounts earn low interest rates.
First Hawaiian Bank Routing Number
First Hawaiian Bank has three routing numbers:
- Hawaii: 121301015
- Guam: 121405238
- CNMI: 121403065
Contact Customer Service
You can reach First Hawaiian Bank at 808-844-4444. They operate 24 hours, 7 days a week.
How First Hawaiian Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- Wells Fargo: Located throughout the US with over 5,800 branches and 13,000 ATMs. They offer a variety of deposits accounts, including accounts for teens and customers who need a second chance.
- Huntington Bank: Huntington Bank has various account options and offers checking bonuses, overdraft protection, free mobile banking, online bill pay, access to over several branches and ATMs, and much more.
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Bottom Line
If you prefer having a wider range of options over earning competitive interest rates, then First Hawaiian Bank might suit your needs.
Although they do not earn the best interest rates, they have various options within their checking, savings and CD accounts. You have a lot more flexibility with FHB’s account options than most bank’s.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged. Don’t focus on the interest rate alone, but on what the account will cost you overall.
If First Hawaiian Bank has the variety and options you’re looking for, apply today! For more options from a variety of banks, see our list of the best bank promotions!
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