If you’re looking for new savings account available nationwide, Live Oak Bank Savings Account is offering you a $300 bonus + 4.10% APY on your funds.
Update 5/14/25: Offer ends soon! The $300 bonus offer is back through 5/16/25! You’ll also earn a competitive interest rate on your funds! The rate has decreased to 4.10% APY from 4.20%.
Live Oak Bank $300 Savings Bonus
Earn $300 plus 4.10% APY with a Live Oak Bank personal savings account.
The perks of saving:
- Keep More of Your Money. Benefit from no monthly maintenance fees, and watch your money grow faster with a competitive savings rate.
- Peace of Mind. Your deposits are FDIC-insured3 up to the maximum allowed by law, ensuring your money is safe and secure.
- Personalized Service, Online Convenience. Open and manage your account online. Need help? Our North-Carolina-based team is just a call away.
- You Can Start Small. There are no minimum balance requirements, so you can start growing your savings no matter how small your initial deposit.
- Plan for the Future. Easily manage beneficiaries online to ensure your savings are passed on according to your wishes.
How to earn bonus:
- Open a New Account. Open a Live Oak Bank personal savings account by 5/16/25.
- Fund Your Account. Deposit at least $20,000 into your account by 5/16/25.
- Maintain Your Balance. Maintain a balance of at least $20,000 for 60 days.
- If all eligibility criteria are met, the $300 cash bonus will be deposited to your open, eligible account within 45 days following the expiration of the 60-day period.
- All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify
(FDIC Insured)
About Live Oak Bank
Live Oak Bank, was founded in 2008 and offers savings rates that are many times the national average, and they boast an A+ health rating.
This FDIC-insured savings account makes it easier to grow your money with a great interest rate and simple online banking
Live Oak Bank Savings Account
Here is your opportunity to earn a high interest rate on your funds. Open a new account to start earning interest and get started today!
- Account Type: Savings Account
- Interest Rate: 4.10% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Credit Funding: Unknown
- Opening Deposit: None
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Live Oak Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | $250,000 | ? | |
| Pull | ? | $250,000 | ? |
Account Rates
| Balance | APY |
| $0.01+ | 4.10% APY |
Account Benefits
- Opening an account is simple and quick online
- No hidden fees or monthly requirements to maintain
- Online and mobile banking for on the go access 24/7
- Allowance of up to six withdrawals and transfers per monthly statement cycle
- FDIC insurance up to the maximum of $250,000 allowed by law
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Author’s Verdict
In addition to the current rate from Live Oak Bank, you can also take advantage of a range of great promotions from banks such as U.S. Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, Fifth Third Bank, or CIT Bank.
Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!
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