[Expired – $20 Ending] Laurel Highway $300 Checking Bonus + $20 Per Month, Obtainable Nationwide

Replace 1/12/26: Some readers nonetheless have this account open for the $20 monthly reward. February would be the final month that is provided:

In case your checking account earns a Month-to-month Loyalty Reward, February would be the final month this reward is obtainable.

Loyalty Rewards Program
Your membership within the Laurel Highway Loyalty Rewards Program will finish at close-of-business on Friday, February 27, 2026.

Hat tip to reader Johnz

Deal has ended, view extra checking account bonuses by clicking right here.

Replace 5/2/24: Bonus is again as much as $300.

Replace 2/28/24: They’ve modified what qualifies for the direct deposit. That is vital for the continuing $20 month-to-month bonus (this bonus has been decreased to $10).

Modifications go into impact April 1:

We’re altering the strategy we make the most of to establish qualifying direct deposit transactions for the Loyalty money rewards if you make qualifying direct deposits every month. Beginning April 1st, 2024, transactions can be recognized by way of a qualifying direct deposit.

Qualifying Direct Deposit:

• A direct deposit from an employer payroll, payroll supplier service, or advantages payer (similar to Social Safety or Army Pay),or pension, and should be clearly identifiable to Laurel Highway as such.

Non-Qualifying Deposits:

• Particular person to Particular person funds similar to however not restricted to (Zelle, PayPal, Money App, or Venmo). Cell test deposits, money masses or deposits, one-time direct deposits, similar to tax refunds and different related transactions.

Replace 1/9/24: Bonus decreased to $100.

Replace 7/5/23: Prolonged till Prolonged to 1/8/24.

Replace 1/13/22: Deal now good by way of  01/12/2023.

Replace 8/1/22: Bonus has begun posting for folks.

Replace 6/24/22: This hyperlink works for non nurses.

Provide at a look

• Most bonus quantity: $300 + $20 monthly for first 12 months
• Availability: Nationwide
• Direct deposit required: $2,500+ inside 60 days
• Extra necessities: See beneath
• Exhausting/delicate pull: Comfortable pull
• ChexSystems: No, Chexsystems delicate
• Bank card funding: Unknown
• Month-to-month charges: None
• Early account termination price: $25, 180 days
• Family restrict: None listed
• Expiration date: December 31, 2022

The Provide

Direct hyperlink to supply

• Laurel Highway is providing nurses and non nurses a $300 bonus if you open a Laurel Highway Loyalty Checking account and full the next necessities:
  • Make a number of direct deposits totaling no less than $2,500 inside 60 days after account opening
• You too can earn a $20 bonus every month for the primary 12 months (second assertion cycle by way of thirteenth and $10 every month thereafter) if you meet the next necessities:
  • Make a number of direct deposits totaling no less than $2,500 inside 60 days after account opening

The Wonderful Print

• You have to open a Laurel Highway Loyalty Checking account by 12/31/2022 at 11:59 p.m. (ET) and make a number of qualifying direct deposits through an Automated Clearing Home (ACH) transaction into the Laurel Highway Loyalty Checking account totaling no less than $2,500 inside the first 60 days after account opening to obtain the $300, which can be deposited into your account inside 60 days of assembly necessities.
• Qualifying ACH direct deposit transactions embrace most payroll, Social Safety, pension and authorities advantages deposits.
• Restrict one bonus per qualifying account and per particular person.
• In the event you have been the first proprietor on any Laurel Highway checking account inside the prior 24 months earlier than opening the brand new checking account, you aren’t eligible for the bonus supply.
• The worth of the bonus can be reported to the IRS on Kind 1099-INT. In the event you shut your account inside the first 180 days of account opening, you’ll be charged a $25 account early closure price.
• Accounts closed on the time of bonus cost are usually not eligible
• $540 could be earned by qualifying for as much as $240 in rewards your first 12 months mixed with the $300 welcome bonus.
• Main account holder is eligible to earn month-to-month rewards of $20/month from the second by way of thirteenth assertion intervals, which is taken into account your “first 12 months.” From the fourteenth assertion interval onward, the eligible reward can be $10/month for so long as the Laurel Highway Loyalty Checking account (“Account”) is open.
• To earn month-to-month rewards, you should make qualifying Automated Clearing Home (ACH) direct deposits into the Account totaling no less than $2,500 throughout the assertion interval.
• Qualifying ACH direct deposit transactions embrace most payroll, Social Safety, pension and authorities advantages deposits.
• Rewards can be deposited into your Account within the assertion interval after they’re earned.
• Just one Loyalty Checking account per main account holder.
• Main account holder is eligible to earn month-to-month rewards of $20/month from the second by way of thirteenth assertion intervals, which is taken into account your “first 12 months.”
• From the fourteenth assertion interval onward, the eligible reward can be $10/month for so long as the Laurel Highway Loyalty Checking account (“Account”) is open. To earn month-to-month rewards, you should make qualifying Automated Clearing Home (ACH) direct deposits into the Account totaling no less than $2,500 throughout the assertion interval. Qualifying ACH direct deposit transactions embrace most payroll, Social Safety, pension and authorities advantages deposits. Rewards can be deposited into your Account within the assertion interval after they’re earned.
• All checking account bonuses are handled as earnings/curiosity and as such you need to pay taxes on them

Avoiding Charges

Month-to-month Charges

This account has no month-to-month charges

Early Account Termination Price

$25 if closed inside 180 days

Our Verdict

Undecided how they decide when you’re a nurse or not. In contrast to the different current bonus this doesn’t require refinancing. Whole lot when you’re eligible, we are going to add this to the extremely particular financial institution bonus part.

Hat tip to SDubbs

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