Interested in securing the $300 bonus offered by Laurel Road’s checking account? Responsible Economy provides you with a guide on how to obtain it, along with other features of Laurel Road. Let’s get started!
Process to Claim the Bonus
To claim the $300 bonus, you need to follow these two steps:
- Open a Laurel Road checking account.
- Make direct deposits totaling over $2,500 within the next 60 days.
Open a Laurel Road checking account
The first step to claim the $300 bonus is to open an account with Laurel Road. You should know that Laurel Road offers a fee-free checking account, no minimum deposit is required, and the linked savings account has a 5% APY interest rate.
Make direct deposits totaling over $2,500 within the next 60 days
The second step to receive the $300 is to make a direct deposit of over $2,500 within the first 60 days of account opening. It’s important to note that these can be multiple direct deposits and don’t necessarily have to be a single deposit. The total of all direct deposits within the next 60 days must exceed $2,500.
It’s also important to highlight that valid direct deposits are those made via an Automated Clearing House (ACH). Qualifying ACH direct deposit transactions include most payroll, Social Security, pension, and government benefits deposits. This means that if a friend or family member sends you a transfer, it won’t count as a valid direct deposit.
Conclusion
To qualify for the $300 bonus, you must open a checking account with Laurel Road, make direct deposits totaling over $2500 within the next 60 days, and have not had a checking account with Laurel Road in the last 12 months.
More information about Laurel Road
Here you can find more information about Laurel Road:
| Information | Description |
|---|---|
| Website | https://www.laurelroad.com/ |
| https://www.facebook.com/laurelroadlending | |
| https://twitter.com/laurelroad | |
| YouTube | https://www.youtube.com/channel/UC-4D1jneHKpxzhKlre6ae4Q |
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Here is a list of articles we have written about Laurel Road:
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Updated the day 1 September, 2023 by Alfredo Barandiarán
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