Highest Hawaii CD (Certificate of Deposit) Rates

Hawaii is not only a beautiful place to visit, but is also the home of the best banks offering certificates of deposit. Now, individual investors can find ways to make their money grow without the additional risk exposure. Are you looking for the best banks in Hawaii offering the best deals in CDs? By reading this article, you can find most HI-Hawaii CD (Certificate of Deposit) Rates from their local banks. The following are the top banks most trusted by Hawaii, specifically Honolulu, residents for their CD investment portfolios.

Compare the Best CD Rates in Hawaii

Account Type:
Certificates of Deposit
Amount:
Term:



Hawaii CD (Certificate Of Deposit) Rates Mostly Found In Local Banks

Our beloved group of islands state, Hawaii, has local banks and credit unions that provide remarkable and competitive rates.

First Hawaiian Bank has an APY and APR of 0.35% on its 1 Year certificate of deposit. The minimum deposit for 3 Month to 60 Month term certificates of deposit is $1,000 while the short term of 30 Day to 90 Day term requires a $2,500. The bank does not charge any fee monthly. Depositors are free to apply online and won't be paying for anything for future online transactions. They can also sign up for free alerts on Hawaii CD (Certificate of Deposit) Rates and receive the latest updates and trends on their certificate of deposit account. They have a special CD Promotion with term CDs of 6 months, 12 months, 35 months and 60 months with APYs of 0.45%, 0.65%, 1.35% and 2.25% which all require a $5,000 minimum required opening deposit. Regular certificates of deposit with terms 6 to 9 months and One Year have APYs of 0.20% and 0.34% based on a $1,000 minimum opening deposit.

Bank of Hawaii has a promo called Bankohana Time Deposit Special Offer. This allows a depositor a 36 Month Time Deposit Account and an APY of 1.30%. Shorter term certificates of deposit of 3 Months, 6 Months, 1 Year, 2 Years and 5 Years have APYs of 0.05%, 0.15%, 0.30%, 0.55% and 1.25%. The minimum opening deposit is $2,500 and an early withdrawal penalty is charged on drawings before maturity. This bank is assures the funds to be FDIC insured.

One of Hawaii's largest banking institutions, American Savings Bank, provides certificates of deposit that have fixed terms and rates that are aggressive interest rates. Currently, its 1 Year certificate of deposit has an APY of 0.35% which is compounded quarterly. The minimum deposit required for the APY to apply is $1,000. Other term certificates of deposit include 3 Month, 6 Month, 2 Year and 5 Year have APYs 0.05%, 0.15%, 0.60% and 1.25%.

Territorial Savings Bank has higher 1 Year Hawaii CD Rates of 0.50%, 0.55%, 0.70%. 1.25% and 2.60% for the 3 Month, 6 Month, 1 Year, 2 Year and 5 Year certificate of deposits. The interest rates are compounded quarterly and have a minimum opening balance of $1,000.

Ally National Bank remains to be the top provider of Hawaii CD Rates. The following term certificates of deposit: 3 Month, 6 Month, 9 Mont, 12 Month, 18 Month, 3 Years, 4 Years and 5 years have the following APYs in order: 0.69%, 1.14%, 1.00%, 1.47%, 1.60%, 2.24%, 2.46%, 2.46% and 2.94%. The interest is compounded daily and early withdrawal fees are equal to a 60 days' interest. These Hawaii CD (Certificates of Deposit) Rates are the highest to be reported so far in Honlolulu, Hawaii. This means that a depositor with a CD balance of $10,000 can earn as much as $1,560.33 after five years!

Are you looking for a good way to invest your hard earned money? Buy a CD today and take advantage of the high Hawaii CD Rates.

CD Rates by State:

ONLINE SAVINGS ACCOUNT

  • No minimum balance
  • Competitive rates, No risk

MONEY MARKET ACCOUNT

  • High rates, Access to money
  • FDIC Insured

CD Types


CDs Overnight Averages

Product
Yield
+/-
Last week


3 Mo CD
0.11
-
0.11


6 Mo CD
0.17
-
0.17


1 Yr CD
0.26
-
0.26


1.5 Yr CD
0.33
-
0.33


5 Yr CD
1.02
-
1.02


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