Offer Details
Written by: RJ
Requirements
- Open a new Bank Ohana 2 account – $400
- Opening $500 deposit
- Direct deposit $3,500 within 60 days of opening
- Open a new Bank Ohana 1 account – $200
- Opening $500 deposit
- Direct deposit $2,500 within 60 days of opening
- Open a Convenience checking account – $100
- Opening $500 deposit
- Direct deposit $2k within 60 days of opening
- Bonus posts 120 days after completion
Eligibility
- Nationwide?
- Application states you need a physical address in the US.
- One bonus per customer
Fees
- Ohana 3 – $20 monthly fee waived with $20k balance
- Debit card is $1/month
- Ohana 1 – $15 monthly fee waived with $6k balance
- Debit card is $3/month
- Convenience checking – $3.25 monthly fee
- Debit card is $3/month
Account Closure
- Keep account open 6 months
Chex
- Probably
Valid through: No end date listed
Thoughts
There’s no way this is actually nationwide… my guess is they open the account and then end up closing it… yet I feel compelled to try. Even if you can get in, the fees make this tough given it has to be open for 6 months.
After factoring in the fees on Ohana 2 for 6 mos its still a $274 bonus, not bad if someone is running low on available offers..
Those fees though. 😔
This ultimately hurts me inside because the interest rates at other savings accounts beats the $20 fee instead of keeping the 20k in the account to waive it. Makes more sense to pay the fee than keep the 20k in there 🙁