Are you currently looking for a new CD account? How would you like to earn some of the highest rates available nationwide? If so, then definitely check out what Live Oak Bank has to offer! When you join the bank, you will have the opportunity to choose from a wide range of rates and lengths. Whether you are on the market for a short term or long term CD, there is definitely an account to fit you needs. Compared to the previous set of rates Live Oak Bank offered, I am glad to say that all the rates has since increased! Starting from 2.00% APY all the way up to 3.20% APY, you will be able to take advantage of some of the best rates available! If you are interested, I recommend you head on over to the site today and start your new account experience if you are interested!
|Best CD Accounts|
11-Month No-Penalty CD Account
14-Month CD Account
24-Month CD Account
|BBVA Compass Bank|
18-Month CD Account
Live Oak Bank Account Summary:
- Apply Now
- Account Type: CD account
- APY Rates Increased (in red):
- 2.00% APY- 6 Month CD
- 2.50% APY- 1 Year CD
- 2.55% APY- 18 Month CD
- 2.80% APY- 2 Year CD
- 2.85% APY- 3 Year CD
- 2.90% APY- 4 Year CD
- 3.20% APY- 5 Year CD
- Availability: Nationwide (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: You must open the account with $2,500 minimum
- Monthly Fee: None
- Early Termination Fee: 24 months ETF
Live Oak Bank CD Rates:
All in all, Live Oak Bank ranks rather nicely across the board from our Best 6 or 9-Month CD Rates, Best 1-Year CD Rates, Best 18-Month CD Rates, Best 2-Year CD Rates, Best 3-Year CD Rates, Best 4-Year CD Rates and Best 5-Year CD Rates in our nationwide section. With a new account, you will have the opportunity to determine which of the various lengths fit you needs the best. Additionally, you will have full access to all the features and services regardless of which length you choose. As the national average increased, now is the perfect time to take advantage of all the increased rates! However, note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Live Oak Bank Account Features:
- CDs are opened at a fixed rate, so the interest rate cannot be changed until it is time to renew.
- The maximum deposit amount is $250,000 per account (minimum $2,500).
- The early withdrawal penalty is the equivalent of 90 days of interest on the principal amount withdrawn for CD terms less than 24 months or 180 days of interest on the principal amount withdrawn for CD terms of 24 months or longer, according to Live Oak.
Live Oak Bank has typically been ranked among one of the highest in the nation in terms of customer satisfaction and great rate offerings. That is why you should definitely take a look at all the great rates and lengths the bank has to offer! Whether you are looking for a short term CD or something that you would want to keep for years ahead, there is definitely a tier for you. In addition, with a surge in increased rates ranging from 1.85% to 2.70% APY, you can have the freedom and choosing one that fits your need! However, if you are not currently interested, then be sure to check out our complete list of the Best National CD Rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
|With the BBVA Compass Bank CD Account:
-Earn Up To 2.00% APY on your funds with just a $500 minimum deposit.
-The perfect balance between a great fixed rate and flexible money access.
-Access funds, if needed. No penalty.
-No opening or maintenance fees
-If you need your funds prior to the maturity date, you can withdraw your money — including any interest earned — beginning seven days after the funds have been received. No penalty. No problem. It's the security of a CD with the flexibility to access your funds early if you need them.