Laurel Road $200 High Yield Savings Bonus (Balance Only Required On Day 90)


Share post:

Update 5/22/24: new referral page is now open, thanks to people who didn’t post theirs in the comments below.

Update 5/22/24: Deal is back until 01/10/2025

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Nationwide
  • Deposit required: $5,000 – $30,000
  • Additional requirements: Deposit must be in account on day 90
  • Hard/soft pull: Soft pull
  • ChexSystems: No, Chexsystems sensitive
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None listed
  • Expiration date: 4/30/2024

The Offer

No direct link to offer, requires a referral. Find & share your referrals in this linked post. Direct link for terms here.

  • Laurel Road is offering a bonus of up to $200 when you open a new savings account and deposit $1 within 20 days of account opening. The bonus you receive depends on your balance at 90 days after account opening:
    • Deposit total between $5,000–$14,999.99 and get a $50 bonus
    • Deposit total between $15,000–$29,999.99 and get a $100 bonus
    • Deposit total more than $30,000+ and get a $200 bonus


The Fine Print

  • Starting at 12:00AM EST on January 30, 2024, through 11:59PM EST on April 30, 2024 (“Campaign Period”), a $50 bonus (the “Bonus”) will be awarded to Laurel Road members (“Referrer”) for each friend who opens a new Laurel Road High Yield Savings (HYS) account (the “Referred”) and meets the following requirements, the Referred must 1) submit the HYS account application through the Referrer’s link during the Campaign Period. 2) have a minimum HYS account balance of at least $1 by 7PM EST within the first twenty (20) calendar days of account opening, and 3) have a minimum balance of $5,000 by 11:59PM EST on the ninetieth (90th) calendar day of account opening for Referrer to earn the Bonus. T
  • his offer cannot be combined with any other programs and is not eligible for the standard Refer-A-Friend split.
  • All other Laurel Road Referral Program Rules apply. For full information see
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee


Our Verdict

Bonus is interesting for two reasons:

  • Account earns 5% APY and this is competitive with other high yield rates
  • You only need a balance on day 90

You’ll likely need to tie up funds for a week or so but still worth doing if you have a lot of liquid funds available. Person referring also gets a $50 bonus. We will add this to our list of the best checking bonuses. Do not share your referrals in the comments below, you can share them in this linked post.

Useful posts regarding bank bonuses:

  • A Beginners Guide To Bank Account Bonuses
  • Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
  • PSA: Don’t Call The Bank
  • Introduction To ChexSystems
  • Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
  • What Banks & Credit Unions Do/Don’t Pull ChexSystems?
  • How To Use Our Direct Deposit Page For Bank Bonuses Page
  • Common Bank Bonus Misconceptions + Why You Should Give Them A Go
  • How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
  • Affiliate Links & Bank Bonuses – We Won’t Be Using Them
  • Complete List Of Ways To Close Bank Accounts At Each Bank
  • Banks That Allow/Don’t Allow Out Of State Checking Applications
  • Bank Bonus Posting Times


Please enter your comment!
Please enter your name here

Related articles

From the $2bn+ copyright lawsuit against Verizon to Shamrock’s rights portfolio acquisition… it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to...

USAA $200 Checking Bonus – Doctor Of Credit

Update 7/19/24: Deal is back until 12/10/24. Update 10/11/23: Deal has been extended to...

Why Shares of Five Below Stock Plummeted This Week

The stock is now off 67% from all-time highs. Shares of Five Below (FIVE 2.61%) slipped a whopping...

How to Gracefully Decline a Networking Request

Protect your time and energy — respectfully.