Available nationwide, Live Oak Bank is offering you 3.50% APY on your funds for opening a new Business Savings Account.
Below is all the information you need to earn the rate on your funds when you open a Live Oak Bank Business Savings Account.
Table of Contents
Live Oak Bank Business Savings Account Summary
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!
- Bonus Offer: 3.50% APY Rate
- Availability: Nationwide
- Expiration: None
- Credit Inquiry: Hard Pull or Soft Pull? Let us know
- Credit Funding: Unknown
- Opening Deposit Requirement: None (Any)
- Direct Deposit Requirement: No
- Monthly Service Fee: None
- Early Termination Fees: None listed
- Promo Code(s): None
(FDIC Insured)
Account Benefits
- Earn 11x the National Average
- FDIC Insurance Up to Maximum Allowed by Law
- No Monthly Maintenance Fees
- Interest Compounded Daily
- Open an Account in Minutes
Account Requirements
Simply open a new Live Oak Bank Business Savings Account and start earning the high interest rate!
Avoid Monthly Fees
- Live Oak Bank Business Savings Account: No monthly fees
Author’s Verdict
No doubt that this account offers a competitive rate, but prior to opening this account, be sure that this incurs only a soft pull.
Otherwise, there are better accounts with the same rate or better without a hard pull.
If you’re unfamiliar with what hard pull and soft pulls are and how it can affect you, see our hard pull vs soft pull post here.
Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank deals and/or for more bank rates!
My name is Linda Faria. I am a member and Treasurer of the Woman’s Club of Lodi, California. We are looking for a bank to invest over $71,000.00, and receive the best interest rate possible. We are a Non-Profit organization and support various charitable organization in our area, plus maintain our Historical Building that was build in 1923. The interest rates here in Lodi banks are still very low, so we are inclined to do business with an online source. I have a board meeting coming up on Monday May 9th and would like to report to them my findings.
We do have a member that has banked with you for a number of years, and gave us this banks recommendation. What is your current interest rate to date. I have seen various ones posted, %.50, %.60 etc. Thank you, in advance, for any additional information we should know about banking with your company.
Sincerely, Linda Faria, Treasurer of the Woman’s Club of Lodi, California