B from NYC
GBBest high-yield savings in the market! My experience with Laurel Road has been phenomenal. I already had a loyalty checking account, and simply adding the high-yield savings account was simple, easy, and seamless. The high yield savings account is the top of the market, and the terms and conditions are really easy to understand. Simply connect your banks and move money in an instant.
Bryan Lim
GBFraudulent and Awful - Avoid Mostly-online bank that has sign up offers but is notorious for locking funds and accounts when you attempt to withdraw. Check the other TrustPilot reviews for hundreds with the same experience. My account has been locked for weeks, and despite filing complaints with the Consumer Financial Protection Bureau, Better Business Bureau, and the state Comptroller and threatening legal action, they still have not even reviewed my case yet, as I am told by their awful customer support. Fraud of a bank and their actions are illegal - avoid! Also their mobile app sucks Edit: in response to Laurel Road's incorrect reply - this is not for my "safety". It is to clearly to prevent me from withdrawing my money. A "review" that takes multiple weeks with no responses is not a "review" - it either reeks of gross incompetence from the top down, or is a scam.
SureIllReview
GBI had a great experience with them I had a great experience with them. I used a physician loan and they had a significantly better rate than I could get elsewhere. Their portal is straight forward to upload documents and my agent was always available to help and explain things. The only sticky thing was setting up auto-pay as it was a bit confusing between them and Key bank, which they fall under. A quick call to customer service cleared that up though.
Mora Mocanu
GBWe used Laurel Road to purchase our… We used Laurel Road to purchase our home using a physician loan. Overall the process was ok but I think unnecessarily stressful towards the end. We didn’t get the Clear to Close until 2 days before closing. It seems like a lot of the things holding up the process could have been anticipated. On the bright side they were responsive and I got a good internet rate.
Hari
GBGood rates, horrible service Randomly locks your account for weeks on end every time you try to withdraw money (to accounts you have already verified). They were able to reverse it relatively quickly the first time when they requested documents for verification, but it's been locked again for upwards of two weeks and the person on the phone just says "there's no information we need at the moment, the fraud department is conducting a security review and your account will be locked for up to 30 days." They even sent me a letter saying I had "confirmed fraud on my account", which I hadn't. The interest rate is good, but it's for a fundamentally different product than advertised since you won't have easy access to your money. EDIT: The day after I posted this, they unlocked it. so I guess, if you want access to your money, just leave a 1-star review! EDIT 2: Just to be clear, they never requested any information from me to "ensure my identity" during this, instead they tried to get the review taken down by submitting a clarification request on this platform, which would have auto-deleted my review after 3 days. Hey at least whoever monitors these is doing more work than their fraud department... EDIT 3: they just sent me a letter saying they're closing my account. Do your sanity a favor and avoid Laurel Road