Read on to learn more about American Savings Bank promotions, bonuses and offers here.
Currently, American Savings Bank is offering a $250, $500, $750, $1000 bonuses when you open a qualifying account and meet all the requirements.
American Savings Bank Bonuses Review
American Savings Bank has been serving Hawaii’s businesses and communities since 1925 and currently provides a full range of financial products and services, including business and consumer banking, home loans, insurance and investments.
I’ll go over all American Savings Bank offers below.
American Savings Bank $1000 Savings Bonus
American Savings Bank is offering up to a $1000 bonus when you open a new qualifying savings account and complete certain requirements.
- What you’ll get: $250, $500, $750, $1000 Bonus
- Eligible account: Savings Account
- Where it’s available: HI (Bank Locator)
- Credit inquiry: Soft pull, which does not affect your credit
- Direct Deposit Required: No
- Monthly fee: $0-$5; waivable
- How to earn it:
- From October 16 – November 15, bring in new money from another financial institution and receive cash back when depositing into your ASB personal savings account:
- Deposit a minimum of $100,000 new money from another financial institution into a personal savings account to receive $1,000 cash back, or
- Deposit a minimum of $75,000 new money from another financial institution into a personal savings account to receive $750 cash back, or
- Deposit a minimum of $50,000 new money from another financial institution into a personal savings account to receive $500 cash back, or
- Deposit a minimum of $25,000 new money from another financial institution into a personal savings account to receive $250 cash back
- From October 16 – November 15, bring in new money from another financial institution and receive cash back when depositing into your ASB personal savings account:
(Expires 11/15/2023)
CIT Bank Platinum Savings ($225/$300 Bonus + 4.10% APY). | Discover® Online Savings (Up to $200 Bonus + 3.70% APY) |
SoFi Checking & Savings ($325 Bonus + 3.80% APY) | Harborstone Credit Union Money Market (4.30% APY) |
Live Oak Bank Savings ($300 Bonus + 4.20% APY) |
Fine Print
- Offer valid from 10/16/2023 to 11/15/2023 (promotional period) when 1) you deposit funds from another financial institution into your ASB personal savings account: deposit a minimum of $100,000 to receive $1,000, or deposit a minimum of $75,000 to receive $750, or deposit a minimum of $50,000 to receive $500, or deposit a minimum of $25,000 to receive $250 (gift), 2) the minimum deposit amount to qualify for the gift posts to your ASB personal savings account within the promotional period and remains in your account until 02/15/2024, and 3) you opt-in and let us know of your intent to participate in this promotion by visiting one of our branches or by calling our Customer Banking Center. Eligible transactions are as follows: checks processed at a branch, external transfers, and wires.
- If customer is new to ASB, must not have a closed ASB personal savings account after 10/15/2021. Eligible personal savings accounts are existing or new Statement Savings, Tiered Savings, Money Market, or existing Supreme Savings and Premier Savings accounts; ASB does not currently open new Supreme Savings and Premier Savings accounts. Moneyhune Savings, Holiday Savings, and I-Plan Savings accounts are not eligible for this promotion. Minimum to open a Statement Savings, Tiered Savings or Money Market account is $20. If a new Statement Savings, Tiered Savings or Money Market account was opened for this promotion and is closed within 180 days of opening, a $100 fee will be assessed.
- ASB will deposit the applicable gift amount into your savings account by 02/23/2024. If there is a withdrawal of the eligible funds from your account before 02/15/2024, you will not qualify for the gift. Value of the gift is considered interest and may be reported to the IRS. Limit of one gift per customer and only one account per customer is eligible. Limit of one gift per customer for any 12-month period. One cannot combine this cash back offer with any other promotion. Fees could reduce the earnings on the account.
American Savings Bank $500 Checking Bonus (Expired)
American Savings Bank is offering a $500 bonus when you open a new qualifying checking account and complete certain requirements.
- What you’ll get: $500 Bonus
- Eligible account: Kalo Cash Back Checking Account
- Where it’s available: HI (Bank Locator)
- Credit inquiry: Soft pull, which does not affect your credit
- Direct Deposit Required: No
- Monthly fee: $25 monthly maintenance fee, see below on how to waive
- How to earn it:
- Open a new American Savings Bank Kalo Checking account by July 31, 2019
- Deposit money from another institution:
- To earn $500: deposit $50,000
- To earn $200: deposit $25,000
(Expires July 31, 2019)
Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- If the eligible funds are withdrawn from your account within 90 days from the end of this promotion (10/29/2019), you will not qualify for the gift.
- Value of the gift is considered interest and may be reported to the IRS.
- Limit of one gift per customer and only one account per customer is eligible.
- Limit of one gift per customer for any 12 month period.
- Cannot be combined with any other promotional offer.
- Fees could reduce the earnings on the account.
How To Waive Monthly Fees
- Kalo Essentials Checking: No monthly fees
- Kalo Plus Checking: $15 per month waived with $7,000 in combined personal monthly average deposits and/or outstanding loan balances OR $2,500 in direct deposits per statement period
- Kalo Deluxe Checking: $25 per month waived if $30,000 in combined personal monthly average deposits and/or outstanding loan balances OR $5,000 in direct deposits per statement period
- Statement Savings: $4.50 monthly fee waived with $300 daily balance
- Tiered Savings: $5 monthly fee waived with $500 monthly average balance
- Money Market: $10 monthly fee waived with $1,000 daily balance (or $2,500 monthly average balance)
- Holiday Savings: No monthly fees
- Moneyhune Savings: No monthly fees
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Conclusion
American Savings Bank bonus is pretty simple to get.
This bonus from American Savings Bank is super simple to earn and I recommend taking advantage of this offer before it expires. American Savings Bank rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.
If you’re not local to any of the States above, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Feel free to comment on this post with any questions you may have about America Savings Bank, their accounts they offer, or American Savings Bank coupon codes.
Check back often for more American Savings Bank Coupons, Promotions, or Offers!