Discover how Laurel Road’s checking account can reward you with up to $540 in your first year. Learn about the $300 welcome bonus and monthly cash rewards. Start now!
Key Takeaways
- Earn a $300 welcome bonus by meeting qualifying ACH direct deposit conditions within the first 60 days.
- Receive up to $20 monthly for the first year with qualifying direct deposits, then $10 monthly thereafter.
- Enjoy benefits like no monthly fees, 40,000 no-fee ATMs, and the convenience of mobile check deposits.
- Benefit from early access to your pay and FDIC-insured deposits.
Introduction
Are you tired of checking accounts that take more than they give? Imagine an account offers up to $540 cash reward in your first year, including a $300 welcome bonus and $20 a month in cash rewards.
Let’s dive into how you can start benefiting from Laurel Road today!
See the bottom of this page for more offers.
Laurel Roads Checking Bonus Offer
- What you’ll get: Up To $540
- Where it’s available: Nationwide
- How to earn it:
- Open an Account: Start by opening a Laurel Road Loyalty Checking account by July 31, 2024.
- Initial Deposit: Within 60 days of account opening, make qualifying ACH direct deposits totaling at least $2,500.
- Receive Your $300 Bonus: After meeting the deposit requirements, the $300 welcome bonus will be credited to your account within 60 days.
- Monthly Rewards: Continue to make qualifying direct deposits each month to earn up to $20 monthly for the first year and $10 monthly thereafter.
- When it expires: 7/31/24
Trending Checking Account Deal:
Waive The Monthly Fee
This account has no monthly maintenance fees.
READ MORE: GET TOP OFFERS FROM CHASE, CIT and AXOS.
Fine Print
- Interest Rates: Variable and may change at the bank’s discretion. Interest is compounded daily and credited monthly.
- Qualifying Deposits: Must be direct deposits from employer payrolls or government benefits. Person-to-Person payments and one-time direct deposits are not considered qualifying.
- Bonus Eligibility: The $300 bonus is available to new customers who haven’t been primary owners of a Laurel Road checking account within the last 24 months.
- Account Closing: Accounts must be in good standing and not closed at the time of the bonus payment.
- Fee Adjustments: Various fees related to ATM usage, wire transfers, and other services may apply. Some fees have been eliminated as of May 17, 2024.
- Reporting to IRS: The value of the bonuses and monthly rewards may be reported to the IRS on Form 1099-INT.
- Promotional Offers: Offers cannot be combined with other checking account bonuses and are subject to change or cancellation without notice.
- Account Requirements: No minimum balance required to open, but normal account service charges and miscellaneous charges may apply and reduce earnings.
Compare With Other Bank Bonuses
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Our Take On the Bank Offer
The Laurel Road Loyalty Checking account offers a compelling opportunity for those looking to maximize their banking benefits, providing up to $540 in rewards during the first year, including a $300 welcome bonus. With straightforward requirements such as a qualifying initial deposit and subsequent monthly deposits, this account is ideal for individuals who can meet these criteria without financial strain. It combines the advantages of no monthly fees, a robust mobile banking platform, and access to over 40,000 no-fee ATMs, making it a highly attractive option for digitally savvy users and anyone seeking to optimize their financial management without additional costs.
More Laurel Road Bonuses
- Laurel Road Promotions: $100 Welcome Bonus, $200 Referral Offer - From small-town financing to a national online lending giant, Laurel Road refinances both federal and private student loans and caters to health professionals with a special medical school repayment plan.…
- Laurel Road Bonus: $200 High Yield Savings Offer + 4.15% APY – Ends 6/30/25 - Discover how to earn up to a $200 bonus with Laurel Road's High Yield Savings Account. Learn about eligibility, deposit tiers, and strategic tips to maximize your savings. Laurel Road's…
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
By John Huynh, with over two decades in finance and investing, including as a Senior Finance & Operations Manager at a renowned research institute and degrees in Economics and International Studies from UC Irvine. Edited by Tony Jay, an experienced finance blogger and Executive Editor with two decades in banking, specializing in online banking and savings strategies. Tony holds a doctorate from Tulane University.
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