With the Laurel Road High Yield Savings, you will earn up to $200 bonus + 4.00% APY (Annual Percentage Yield) on your savings.
Update 2/14/25: The rate has recently decreased to 4.00% APY (from 4.15%). Still highly competitive AND you can still earn up to $200 bonus.
Plan for the future with a highly competitive high yield savings account – with $0 costs to open.
Laurel Road High Yield Savings $200 Bonus
Earn up to a $200 bonus with a Laurel Road High Yield Savings account.
How to earn it:
- Open a High Yield Savings account before 01/10/2025
- Deposit at least $1 in the first 20 days of account open
- Have at least $5,000 in your account by day 90 after open
- Bonus tiers:
- $50 bonus – Deposit total between $5,000–$14,999.99
- $100 bonus – Deposit total between $15,000–$29,999.99
- $200 bonus – Deposit total more than $30,000+
- Terms:
- Must deposit a minimum of $1 within the first 20 days and must have the relevant tiered account balance on the 90th day.
- Referred cannot be an existing or prior Laurel Road member in the last twelve (12) months.
- Referrer and Referred must be U.S. citizen(s) and/or permanent resident(s).
(FDIC Insured)
About Laurel Road High Yield Savings Review
Laurel Road is a digital banking platform and brand of KeyBank that provides tailored solutions to support the financial wellbeing of healthcare and business professionals. Laurel Road’s banking and lending solutions include Student Loan Refinancing, Mortgages, Personal Loans, Student Loan Cashback Credit Card, tailored savings accounts, and more.
Since 2013, Laurel Road has helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $9 billion in federal and private school loans. In April 2019, Laurel Road became part of KeyBank, one of the nation’s largest bank-based financial services companies and Member FDIC.
I’ll review the Laurel Road High Yield Savings below.
Laurel Road High Yield Savings Rate
- Learn More at Laurel Road
- What you’ll get: 4.00% APY
- Where it’s available: Nationwide
- Eligible account: High Yield Savings
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: Any
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
Editor’s Note: Here is alternative link to apply for the Laurel Road High Yield Savings account for Doctors.
How to Earn Rate
- Open a new Laurel Road High Yield Savings account.
- Be sure to have the following info handy as they may ask for it: Name, Address, Social Security Number, Date of Birth and Funding Account Information
- Once your account is funded, enjoy earning 4.00% APY Rate on balances below $2 million.
Laurel Road High Yield Savings Features
- $0 monthly account maintenance fees
- Deposits are FDIC-insured
- No minimum balance required to open
Are My Deposits Secure and FDIC-Insured?
Laurel Road is a brand of KeyBank N.A. KeyBank, N.A. is Member FDIC. Being a part of a national bank, Laurel Road relies on advanced data protection, strong encryption and continual monitoring to protect your account and keep your money secure. Your savings deposits are FDIC-insured up to $250,000.
To learn more about FDIC insurance, contact the FDIC toll-free at 1.877.ASK.FDIC (1.877.275.3342) or visit www.fdic.gov.
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Conclusion
Laurel Road is currently offering a competitive rate with their High Yield Savings account. If you have savings goals, this account’s highly competitive rate will help get you there faster earning several times the national average APY.
For more options, compare Laurel Road’s rates to our list of the best savings/money market rates here and our list of CD rates here.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Let us know about your experience with this bank and comment below.