With a population of approximately 1.4 million, Hawaii has dozens of banks offering services to its residents. These banks provide a wide variety of high-yield savings accounts. Whether you are looking for an online or brick-and-mortar option, there is an option best suited for you.
When shopping around, compare the annual percentage yields (APY) offered by each banking service. An account that has a high APY will maximize the returns on every dollar spent. The account fees and minimums also need to be considered. For example, some banks have high monthly fees and an initial minimum deposit and balance requirement. Your goal is to find an account with a high APY and low service charges.
Finding an account that is best for your financial needs can be a hassle. We hope to make this easier for you. WalletBrain took an extensive look at some of the available options, considering the APYs, account fees, and other features.
Use our review of some of the best savings accounts in Hawaii to find the most suitable match for you today.
This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.
This savings builder account is unique where you need to deposit $100 a month to get the highest APY. If you don't deposit $100+ a month, then you need to maintain $25,000 in the account.
If you don't do either, you won't receive the higher end APY. It's best to go by depositing $100 a month because you will have accumulated a significant balance in a few years without realizing it.
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