Central Pacific Bank Promotions: $300, $500, $600, $1,200 Checking, Business, CD Bonuses (HI)

Checkout the latest Central Pacific Bank promotions, bonuses, and offers here.

Right now you can earn a $300, $500, $600, $1,200 bonuses when you open a new account and meet the eligible requirements.

Central Pacific Bank Promotions Review

Based in Hawaii, Central Pacific Bank provides exceptional service to its customers and contributing to the community with their personal and business banking services. Central Pacific Bank has an A health rating.

I’ll go over Central Pacific Bank offers below.

Central Pacific Bank Up to $1,200 Business Checking Bonus

• What you’ll get: Up to $1,200 bonus
• Where it’s available: HI
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None stated
• How to earn it: 
  • For a limited time, earn a Cash Bonus when you deposit new money into a new Business Exceptional checking account.
    • Deposit $25,000, earn $300 Cash Bonus
    • Deposit $50,000, earn $600 Cash Bonus
    • Deposit $100,000, earn $1,200 Cash Bonus
  • For new customers:
    • Open a CPB Business Exceptional Checking account.
    • Earn up to a $1,200 Cash Bonus for depositing new money into your new Business Exceptional Checking account by December 31, 2023.
    • You must maintain new money funds in your account for the next three (3) full consecutive calendar months. Your account must also remain open with no changes to the product type for 180 days.
  • For current/existing customers:
    • Earn up to a $1,200 Cash Bonus by upgrading or opening a new CPB Business Exceptional Checking account and depositing new money by December 31, 2023.
    • Your Business Exceptional Checking account must remain open with no changes to the product type for 180 days.
    • Existing business customers must maintain their baseline balance, plus new money funds for the next three (3) full consecutive calendar months. Your baseline will be taken using YTD (Jan-April 2023) average balances of all accounts under the business TIN. In addition, the balance in the Business Exceptional checking account must remain equal to or larger than their qualifying new money deposit.

(Expires 11/30/2023)

Central Pacific Bank $500 CD Bonus

• What you’ll get: $500 bonus
• Where it’s available: HI (Bank Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None stated
• How to earn it: 
  • Must have CPB Exceptional Checking Account.
  • Open a Cash First – Preferred Premium Certificate of Deposit (CD) with a minimum $35,000 new funds from another institution.
  • $500 bonus will be deposited into your Exceptional Checking account upon CD account opening.

(Limited time offer)

Central Pacific Bank $100 Checking Bonus (Expired)

• What you’ll get: $100 bonus
• Where it’s available: HI (Bank Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None stated
• How to earn it: 
  • To receive your $100 credit, you must open a Shaka Checking account and meet the requirements:
    • Receive $50 when you meet the $25 minimum deposit and
    • Get an additional $50 when you set up a qualifying direct deposit transaction of $200 or more and receive your first direct deposit by April 15, 2022.
  • The bonus will be credited to your qualifying Shaka account by April 30, 2022 based on when you opened the account.

(Offer expires March 31, 2022)

How to Avoid Monthly Fees

• Exceptional Checking: None
• Shaka Checking: No monthly fees to maintain your account with online statements
• Value Checking: None listed
• Business Exceptional Checking: $20 (if minimum combined balance is not maintained)
• Totally Free Business Checking: None
• Analyzed Business Checking: $12.50 monthly maintenance fee plus other fees (Earnings credit allowance may offset fees)
• Performance Business Checking: $9 (if minimum balance is not maintained)

Author’s Verdict

To summarize, Central Pacific Bank has some of the best promotions, bonuses, and offers. However, keep in mind that waiving the monthly service fees can be easy if you meet the eligible requirements.

For more current offers, check out our bank bonuses page. Compare Central Pacific Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Central Pacific Bank promotions here.