eLife Checking in action
With your HawaiiUSA eLife Checking Account, get rewarded with 5.00% APY* on your money just by living your normal day-to-day life!
Earning 29.4x** more than most credit unions pay is as simple as 1-2-3:
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Make 10 or more debit card purchases
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Enroll and receive eStatements
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Receive one direct deposit, ACH transaction, or HawaiiUSA Online Bill Pay payment
Open an eLife Checking account
And the best part is you’re probably already doing all of it! Find out how your purchases stack up by logging into Digital Banking. Here’s an example of a typical week that demonstrates how simple earning more can be.
Sunday
Log in to Digital Banking and check your eStatement
Debit card purchase #1: Download the eBook you’ve been eyeing on becoming a coffee expert
Debit card purchase #2: Pay for your streaming video subscription
Monday
Debit card purchase #3: Pick up breakfast on-the-go
Tuesday
Debit card purchase #4: Get lunch delivered
Debit card purchase #5: Stop by the supermarket for groceries
Wednesday
Debit card purchase #6: Fill up on gas
Debit card purchase #7: Pay for your shaving subscription
Thursday
Debit card purchase #8: Get a baby registry gift online
Friday
Debit card purchase #9: Pick up dinner
Debit card purchase #10: Flash sale online: The espresso machine you want is 50% off
Saturday
Pay bills with Digital Banking and Bill Pay
Dream about the 5.00% APY you earned by using eLife Checking and the money you’ll save by making espresso at home!
eLife Checking Account Rates
Dividend Rate | Annual Percentage Yield (APY) | |
---|---|---|
Base Rate1 | 0.01% | 0.01% |
Tiered Balances to Earn APY2 | Dividend Rate | Annual Percentage Yield (APY) |
$0 to $10,000.00 | 4.88% | 5.00% |
$10,000.01 or more | 0.05% | 5.00% - 0.25%** |
APY = Annual Percentage Yield.
APY is based on balances of $10,000.01 and $250,000.00. APY decreases on larger balances as dividends are earned at a lower dividend rate.
Rates are effective as of March 1, 2023 and are subject to change without notice. Minimum balance to open the account is $20.00. Fees may reduce earnings on the account.
Dividend Rate paid on entire balance if Transaction Qualifications are not met.
Dividend Rates paid for each tiered balance when ALL Transaction Qualifications are met for each qualification cycle.
Comparison based on HawaiiUSA eLife 5.00% APY vs. the credit union national average Interest Checking rate (0.17%) as of 2/28/2023 sourced from National Association of Federal Credit Unions in cooperation with SNL Financial and Datatrac Corp.
Each month’s qualification cycle ends on the second to the last day of each month. The eLife Checking: Qualifications document—which contains the various qualification cycles and other important information—is available to download or can be obtained at any HawaiiUSA FCU branch. Your Debit Card transactions and direct deposit/ACH transactions must be posted or cleared on the account to be counted within each qualification cycle. It may take up to three business days before the transaction posts or clears the account.