Live Oak Bank Savings Account: 3.80% APY (Nationwide)

If you’re looking for new savings account available nationwide, Live Oak Bank Savings Account is offering you 3.80% APY on your funds.

Update 6/19/26: You can currently earn a competitive rate on your funds.

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: 3.80% APY
• Availability: Nationwide
• Minimum Balance to Earn Interest: $0.01
• Maximum Balance: None
• Credit Funding: Unknown
• Opening Deposit: None
• Monthly Maintenance Fee: None
  
• Early Termination Fee: None listed

(FDIC Insured)

Live Oak Bank ACH Capabilities & Limits

Account Rates

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
• FDIC insurance up to the maximum of $250,000 allowed by law

Live Oak Bank $200 Savings Bonus (Expired)

Earn $200 plus 3.80% 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-insured 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. The minimum balance requirement to earn interest is $0.01, 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 5/31/26.
• Fund Your Account. Deposit at least $20,000 into your account by 5/31/26.
• Maintain Your Balance. Maintain a balance of at least $20,000 for 60 days.
• If all eligibility criteria are met, the $200 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. Deposits or transfers originating from an existing Live Oak Bank account (whether personal or business) via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify for bonus offer.

(FDIC Insured)

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, 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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