Find an updated list of Laurel Road promotions, bonuses, and offers here. Current offers include $440, $300 and $400 checking bonuses and referral.
Laurel Road offers $200 Checking Bonus with a new checking account and set up direct deposit. You can also earn a $20 bonus each month for the first year (second statement cycle through 13th and $10 each month thereafter) when you make one or more direct deposits totaling at least $2,500 within 60 days after account opening.
Table of Contents
About Laurel Road
Laurel Road is a digital banking platform and brand of KeyBank that provides tailored solutions to support the financial well being of healthcare and business professionals.
Laurel Road Up to $440 Checking Bonus
- What You’ll Get: $200 + $20/mo. for 1st Year (Up To $540)
- Account Type: Checking Account
- Availability: Nationwide
- Direct Deposit Requirement: Yes, $2,500+ within 60 days (see what works)
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown, sensitive
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $25 is closed within 180 days
- Household Limit: None listed
(Expires 06/30/2023)
Editor’s Note: There is an alternative link to earn the bonus bonus for nurses.
| For more advanced features in a checking account, compare this offer to BMO Harris PremierTM Account ($350 Bonus), U.S. Bank SmartlyTM Checking ($600 bonus), TD Bank Beyond Checking ($300 Bonus), HSBC Bank Premier Checking ($500 Bonus), Chase Private Client ($2,000 Bonus), and Citigold® Checking Account (Up to $2000 Cash Bonus). |
How to Earn Bonus
- Laurel Road is offering a $200 bonus when you open a Laurel Road Loyalty Checking account and complete the following requirements:
- Make one or more direct deposits totaling at least $2,500 within 60 days after account opening
- You can also earn a $20 bonus each month for the first year (second statement cycle through 13th and $10 each month thereafter) when you meet the following requirements:
- Make one or more direct deposits totaling at least $2,500 within 60 days after account opening
- Click here for current Laurel Road Loyalty Checking Rates.
- Normal account service charges and miscellaneous charges may apply to the Laurel Road Loyalty Checking, which may reduce earnings.
- Qualifying ACH direct deposit transactions include most payroll, Social Security, pension and government benefits deposits.
- Limit one bonus per qualifying account and per individual.
- If you were the primary owner on any Laurel Road checking account within the prior 24 months before opening the new checking account, you are not eligible for the bonus offer.
- The value of the bonus will be reported to the IRS on Form 1099-INT.
- If you close your account within the first 180 days of account opening, you will be charged a $25 account early closure fee.
- Accounts closed at the time of bonus payment are not eligible.
- Offer is subject to cancellation without notice and cannot be combined with any other checking account bonus offer.
- Laurel Road is not responsible for, and will not honor, promotional offers that appear on third-party websites that are not authorized by Laurel Road.
Laurel Road $200 Checking Bonus (Student Loan Refinance Required)
For residents, Laurel Road is offering you an opportunity to earn $200 Checking Bonus! Simply open an account and make a direct deposit. Take advantage while you can.
- Account Type: Checking Account
- Availability: Nationwide
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Early account termination fee: $25
(Expires 06/30/2023)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking ($400 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How to Earn Bonus
- Open a Laurel Road Checking account simultaneously while refinancing your student loan with Laurel Road.
- Make one or more qualifying direct deposits via an Automated Clearing House (ACH) transaction into the Laurel Road Checking account totaling at least $2,500 within the first 60 days after account opening
- Effective January 13, 2023, you must open a Laurel Road Checking account simultaneously while refinancing your student loan with Laurel Road by 06/30/23 at 11:59 p.m. (ET) and make one or more qualifying direct deposits via an Automated Clearing House (ACH) transaction into the Laurel Road Checking account totaling at least $2,500 within the first 60 days after account opening to receive the $200, which will be deposited into your account within 60 days of meeting requirements.
- Click here for current Laurel Road Checking Rates. Normal account service charges and miscellaneous charges may apply to the Laurel Road Checking, which may reduce earnings.
- Qualifying ACH direct deposit transactions include most payroll, Social Security, pension and government benefits deposits.
- Limit one bonus per qualifying account and per individual.
- If you were the primary owner on any Laurel Road checking account within the prior 24 months before opening the new checking account, you are not eligible for the bonus offer.
- The value of the bonus will be reported to the IRS on Form 1099-INT.
- If you close your account within the first 180 days of account opening, you will be charged a $25 account early closure fee.
- Accounts overdrawn or closed at the time of bonus payment are not eligible.
- Offer is subject to cancellation without notice and cannot be combined with any other bonus offer.
- Laurel Road is not responsible for, and will not honor, promotional offers that appear on third-party websites that are not authorized by Laurel Road.
Laurel Road Referral Program: Up To $400 Bonus
For each friend you refer, you can earn $400 per referral when they refinance a student loan, finance a personal loan, or get a credit card.
Max 10 referrals per year for $4,000 total. You have the capability to split the referral bonus with the new applicant E.G you’ll each get $200 bonus from the $400.
See the Laurel Road referral program page here. We currently do not have a referral link so feel free to leave yours in the comment section below!
Bottom Line
Laurel Road is offering tons of promotions like checking bonuses. The steps to follow are easy and fast, so be sure to take advantage today while you can. If you have student loans, refinancing with Laurel Road might be your best option, but be sure to compare rates to other lenders.
Compare Laurel Road with the promotions available from SoFi here.
*Compare Laurel Road Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
Additionally, leave a comment below informing us about your experience with the Laurel Road. See our best bank promotions page to learn more.
Thanks my dude. Saved me some time
Please note:
This bonus is ONLY available with a student loan refi.
Martha,
If you want a screenshot of chat conversation, please email me directly. Thank you. -AJ