Bank of Hawaii CD Rates (November 2026) & Calculator
Bank of Hawaii pays up to 3.40% APY on a 1-year CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.
Bank of Hawaii CD rates (Nov 5, 2026)
Every CD term Bank of Hawaii lists on its website, with what $10,000 earns over the full term.
| Term | Product | Minimum | APY | $10,000 earns |
|---|---|---|---|---|
| 3 months | Bankohana New Money Special CDRelationship | $25,000 | 3.00% | $74.17 |
| 6 months | Bankohana New Money Special CDRelationship | $5,000 | 3.15% | $156.28 |
| Jumbo New Money Special CDSpecial | $100,000 | 1.75% | $87.12 | |
| 1 year | Bankohana New Money Special CDRelationship | $5,000 | 3.40% | $340.00 |
Special is a promotional rate. Relationship needs a linked account at Bank of Hawaii. A dash means the same APY as the opening balance. The highlighted row is Bank of Hawaii's top rate.
Source: Bank of Hawaii CD rates. Rates change often; confirm before you open an account.
Bank of Hawaii vs the national average
The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 51 other banks we track for the same term.
| Term | Bank of Hawaii | National avg | Best other bank |
|---|---|---|---|
| 3 months | – | 1.14% |  Popular Direct 4.30% |
| 6 months | 3.15% | 1.39% | Popular Direct 4.35% |
| 1 year | 3.40% | 1.76% | Popular Direct 4.60% |
Bank of Hawaii CD early withdrawal penalty
| Term | Penalty |
|---|---|
| 7-31 calendar days | 7 days of interest |
| 32 days up to and including 1 year | 2 months of interest |
| more than 1 year but less than 4 years | 8 months of interest |
| 4 years or more | 11 months of interest |
Example: $10,000 in a 1-year CD at 3.40%, withdrawn after 6 months, has earned $168.58. The penalty is $55.73, so you would get $10,112.85.
The penalty can reach your principal if it is more than the interest earned. Official disclosure (checked 2026-11-06).
Taxes on Bank of Hawaii CD interest
CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. Bank of Hawaii sends Form 1099-INT when you earn $10 or more in a year. For example, the $340.00 that $10,000 earns over 1 year at 3.40% would cost about $75 in federal tax in the 22% bracket.
If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.
How We Calculate & Keep This Accurate
Maturity value is your deposit grown at the APY for the term: A = P × (1 + APY)^(months ÷ 12). The APY for each term is the highest balance tier your deposit qualifies for. Early withdrawal penalties are charged as simple interest on the deposit at the CD's interest rate (the APY converted to its daily rate), following Bank of Hawaii's published rule for that term.
Rates come from Bank of Hawaii's own rate page. We use the APY Ledger dataset (CC BY 4.0) to spot rate changes, and we checked a sample of rates and the penalty rules against Bank of Hawaii's website and disclosures. Results are estimates, not an offer from the bank.
Primary Sources
Data & Freshness
Figures reflect 2026 tax-year data.
Last updated November 5, 2026 · Maintained by the Financial Calculator editorial team.
Bank of Hawaii CD FAQs
Quick answers about Bank of Hawaii CD rates and penalties.
What are Bank of Hawaii's CD rates today?
How much will $10,000 earn in a 1-year Bank of Hawaii CD?
What is Bank of Hawaii's CD early withdrawal penalty?
Are Bank of Hawaii CDs insured?
How do Bank of Hawaii's rates compare with the national average?
Compare CD rates at other banks
Best APY at each bank for a $10,000 deposit, checked Nov 5, 2026. Bank of Hawaii's best is 3.40%.
- Popular Direct1-year 4.60%Top rate5.00%5 yr
Sallie Mae1-year 4.50%Top rate5.00%5 yr
E*TRADE1-year 4.55%4.80%2 yr
Barclays1-year 4.50%4.75%2 yr
Synchrony1-year 4.30%4.75%5 yr
Ally1-year 4.50%4.50%1 yr
American Express1-year 3.75%4.50%10 mo
CIBC Agility1-year 4.50%4.50%1 yr
EverBank1-year 3.50%4.50%2 yr
Live Oak Bank1-year 4.50%4.50%1 yr
Associated Bank1-year 1.00%4.40%13 mo
Marcus1-year 4.40%4.40%1 yr
City National1-year 4.39%4.39%1 yr
Bask Bank1-year 4.35%4.35%1 yr
Atlantic UnionNo 1-year CD4.30%13 mo
Eastern BankNo 1-year CD4.30%18 mo
Flagstar1-year 4.30%4.30%1 yr
FNBNo 1-year CD4.30%13 mo
Huntington1-year 0.25%4.30%13 mo
TD Bank1-year 4.15%4.30%2 yr
BOK FinancialNo 1-year CD4.25%14 mo
Citi1-year 4.25%4.25%1 yr
Fulton Bank1-year 0.70%4.25%25 mo
PNC1-year 0.02%4.25%13 mo
UMB1-year 0.10%4.25%15 mo
Webster Bank1-year 0.02%4.25%11 mo · rel.
Wells Fargo1-year 1.51%4.25%11 mo · rel.
WSFS1-year 2.75%4.25%7 mo- Old NationalNo 1-year CD4.15%11 mo
Rockland Trust1-year 4.00%4.15%18 mo
M&T Bank1-year 3.00%4.10%18 mo · rel.
Navy Federal1-year 4.05%Credit union4.10%18 mo
Valley Bank1-year 3.50%4.10%6 mo
WaFd Bank1-year 3.00%4.10%13 mo- United Bank1-year 2.00%4.05%11 mo
Capital One1-year 4.00%4.00%1 yr
CIT Bank1-year 4.00%4.00%1 yr
First Citizens1-year 2.00%4.00%5 mo- Customers BankNo 1-year CD3.85%3 mo
Fifth Third1-year 3.70%3.70%1 yr
Chase1-year 0.50%3.50%8 mo · rel.
PenFed1-year 3.20%Credit union3.50%5 yr
U.S. Bank1-year 3.40%3.50%9 mo
Western Alliance1-year 2.78%3.48%3 mo- CitizensNo 1-year CD3.10%14 mo · rel.
First Hawaiian1-year 2.90%3.05%6 mo · rel.
Zions Bank1-year 3.05%3.05%3 mo
USAA1-year 1.80%2.25%7 mo
OceanFirst1-year 0.10%0.50%7 yr
First Horizon1-year 0.10%0.10%6 mo
TruistNo 1-year CD–
Green rates beat Bank of Hawaii's best rate. “rel.” means the rate needs a linked account. Need a bank that isn't listed? Use the CD calculator with any APY.