Get paid before you get paid. →           Our interest rates are always in your best interest. →           Check the surf, then deposit a check. →           Getting your cash shouldn’t cost you a dime. →           No monthly fees. No worries. →           Online is waaay better than in line. →           Save on ATM fees. Spend it on malasadas. →           No shirt, no pants, no problem. →
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Online is waaay better than in line. 

Shaka Checking makes banking easy. It’s 100% online and you can bank from anywhere, anytime.

Plus, get gas money every month for a year for a limited time only (terms apply).*

SIGN UP NOW
Shaka-Card

Online is waaay better than in line.

 
Shaka Checking makes banking easy. It’s 100% online and you can bank from anywhere, anytime!
And get gas money every month for a year for a limited time only (terms apply).*
SIGN UP
Shaka-Tanks-a-Lot-Square-Graphic-1

Gas money every month for a year!*

When you open a Shaka Account, we'll help pay for your gas - $10 every month for a year! Offer available with a minimum gas purchase of $50 per month at gas stations statewide. See the terms.

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Shaka Checking has its benefits.

Shaka-Get-Your-Paycheck-Early

Get paid early

Need your pay a few days before payday? Shaka lets you access your direct deposit paycheck up to two days early. Learn More.

Use any ATM you want

Shaka refunds your ATM fees up to $20/month. So getting your cash won’t cost you a dime.

Shaka-Use-Any-ATM-You-Want

Use any ATM you want

Shaka refunds your ATM fees up to $20/month. So getting your cash won’t cost you a dime.

Shaka-Our-Interest-Rates-Are-Your-Best-Interest

Our interest rates are in
your best interest

0.50% Annual Percentage Yield (APY). Only Shaka gives you 25x the average checking rate in Hawaii. Click here for details.

Bank from your phone

With Shaka, you can open an account in five minutes, use BillPay, Mobile Deposit and more. All without ever setting foot in a bank.

Shaka-Bank-From-Your-Phone

Bank from your phone

With Shaka, you can open an account in five minutes, use BillPay, Mobile Deposit and more. All without setting foot in a bank.

Shaka-No-Monthly-Fees

No monthly fees

Pay $0 each month to maintain your account. Shaka gives you a checking account and debit card without the monthly fees.

CPB

We’ve got your back.
And CPB has ours.

Shaka has deep roots. We’re backed by Central Pacific Bank,
which has been doing business in Hawaii for over 65 years.

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* To receive this offer, you must open or already have a Shaka Checking account by 11:59PM July 15, 2022 and use your Central Pacific Bank Debit Mastercard® assigned to your Shaka Checking account for a Qualifying Transaction. Qualified Transactions must include key phrases within the transaction description found below (“Qualifying Transaction”). Transactions without these key phrases in the description, or with unrecognized abbreviations of these phrases, will not be eligible. We do not determine the transaction description. Total of your Qualifying Transaction for the month must total $50 or more to qualify. Your account must be open and in good standing at the time the reward is credited. The reward will be credited to your account linked to your Card that is used to make the qualifying purchases within the next month after your Qualifying Transaction. The reward offer is limited to $10 per month for 12 months after your account is opened during the promotional period. The value of the reward will be reported as interest to the primary account holder. Some restrictions apply.

Qualifying TransactionsSAFEWAY FUEL, BIG ISLAND ENERGY, HELE, TEXACO, SHELL OIL, 76, OHANA FUELS, COSTCO GAS, ALOHA PETROLEUM, SAMSCLUB GAS, AAFES, NEX FUEL, FREEDOM, NOMNOM, ALOHA ISLAND MART, TONYS GASOLINE, CIRCLE K, FORT SHAFTER GAS STATION, SUNOCO, DONS MAKIKI

Annual Percentage Yield (APY) effective May 5, 2022. Interest rates may change at any time after the account is opened. Fees may reduce earnings on accounts.

Balance Tiers Base Interest Rate Reward Interest Rate1 APY Min. Balance to Open Min. Balance2 to Earn Interest
Standard Rate 0.03% - 0.03% $25 $0
Tier 1 Rate
$0 - $20,000
0.03% 0.47% 0.50% $25 $0
Tier 2 Rate
$20,000.01 & Over
0.03% - 0.50% - 0.12% $25 $20,000.01

[1] Our Shaka account has a special feature that pays a higher interest rate (Reward Interest Rate) and APY on Tier 1 balances if you meet ALL of the following transaction requirements during the calendar month:

  1. 15 or more debit card transactions (point of-sale purchases) post to your account during the month totaling $75 or more (ATM transactions do not qualify); and
  2. A qualified direct deposit is credited to your account during the month. A qualified direct deposit is a recurring electronic deposit of paychecks, Social Security benefits, or other regularly scheduled income payments of $25 or more (transfers from one account to another do not qualify).

When you meet all the transaction requirements, depending on your account balance, two different interest rates and APYs could be paid on your account during the month. The tiered interest rates and APYs shown above will be paid only on that portion of your balance that is within the tier range. If your account does not meet all the transaction requirements for the tiered rates, the Standard Rate Tier noted above will apply to your entire balance.

[2] This is the daily balance (i.e., the amount of principal in the account each day).

 

Paycheck Details

To receive this feature, your employer or benefit provider must send your payroll by ACH to your Account and include the key phrases “Payroll” or “Direct Deposit” within the transaction description. Transactions without these key phrases in the description, or with unrecognized abbreviations of these phrases, will be processed as normal and will not be given the early paycheck benefit. We do not determine the transaction description.

 

The date on which you receive access to your direct deposit funds depends on when your employer or benefit provider submits the payment file. We generally make these funds available on the day that the payment file is received, which may be up to 2 days earlier than the scheduled payment date. Customers should check their available balance for paycheck availability.


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