Laurel Road Checking Account Details
Checking - This account offers a bonus of $240 if you complete direct deposits totaling $30,000.00 or more within 395 days of account opening.
Offer Details
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| Federal Reserve Board Bank ID: | 280110 |
|---|---|
| FDIC Certificate Number: | 17534 |
| Annual Percentage Yield (APY): | 0.01% |
| Early Paycheck? | No |
| Online Bill Pay? | Yes |
| Pay Anyone? | Zelle |
| Check Writing included? | |
| Checks Deposits in App? | Yes |
| Joint accounts available? | Yes |
| Daily Transfer Out Limit: | $12,500.00 |
Primary account holder is eligible to earn monthly rewards of $20 per 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 per month for as long as the Laurel Road Loyalty Checking 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. Qualifying ACH direct deposit transactions include most payroll, Social Security, pension and government benefits deposits. Rewards will be deposited into your Account in the statement period after they are earned. Only one Loyalty Checking account per primary account holder. Cannot be combined with other checking bonus, reward, or rate discount offers, excluding any promotional offer for opening the Account. The value of the monthly rewards will be reported to the IRS on Form 1099-INT. Accounts closed within first 180 days will be charged a $25 early closure fee.
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