Loyalty Checking – $540 (bonus + rewards)

$540 can be earned by qualifying for up to $240 in rewards your first year combined with the $300 welcome bonus. Primary account holder is eligible to earn monthly rewards of $20/month from the second through thirteenth statement periods, which is considered your “first year.” From the fourteenth statement period onward, the eligible reward will be $10/month for as long as the Laurel Road Loyalty Checking account (“Account”) is open. To earn monthly rewards, you must make qualifying Automated Clearing House (ACH) direct deposits into the Account totaling at least $2,500 during the statement period. If you were the primary owner on another Laurel Road checking account at any time within the prior 24 months of Account opening, rewards are limited to $10 per statement period during the life of the Account. For the $300 welcome bonus, you must open the Account by 10/15/2024 at 11:59 p.m. (ET) and make one or more qualifying direct deposits via an Automated Clearing House (ACH) transaction into the Account totaling at least $2,500 within 60 calendar days after account opening to receive the $300, which will be deposited into the Account within 60 calendar days of meeting requirements. You are not eligible for the bonus if you were the primary owner on any Laurel Road checking account within the prior 24 months before Account opening. Qualifying Direct Deposits – A pre-arranged electronic direct deposit through the Automated Clearing House (“ACH”) Network from most employer payrolls, payroll provider (excluding third-party advance payroll service providers), benefits payer such as Social Security or Military Pay, or pension. Non-Qualifying Deposits – Including but not limited to: Point-of-sale (POS) and internet-initiated mobile entry (WEB) ACH transactions; incoming Person-to-Person (P2P) payments made via the ACH Network such as Zelle, PayPal, Cash App, or Venmo (including payroll-related transactions made via P2P providers); mobile check deposits; wire transfers; cash deposits; one-time direct deposits such as tax refunds and corporate reimbursements; internal transfers between Laurel Road or KeyBank accounts; external transfers from another financial institution; and insurance payments and other similar transactions. Laurel Road, in its sole discretion, reserves the right to deem any deposit either a qualifying or non-qualifying direct deposit, as applicable. Only one Loyalty Checking account per primary account holder. Account cannot be closed at the time of bonus payments. All bonus and monthly rewards values may be reported to the IRS on Form 1099-INT. Offers are subject to cancellation or change without notice and cannot be combined with other checking bonus, reward, or rate discount offers. 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. Normal account service charges and miscellaneous charges may apply, which may reduce earnings. Applications are subject to approval and processing times. Click here for current Laurel Road Loyalty Checking Rates.