Available nationwide, Live Oak Bank Business Savings is offering a 3.50% APY Rate on your funds.
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Live Oak Bank Business Savings Review
Live Oak Bank offers one of the best business savings accounts in the country. This FDIC-insured savings account makes it easier to grow your money with a great interest rate and simple online banking. Live Oak makes it easier to save for your business with it’s high-yield, FDIC-insured account.
I’ll review Live Oak Bank High Yield Online Savings below.
Live Oak Bank Business Savings Rate
- What you’ll get: 3.50% APY
- Eligible account: Business Savings
- Credit Inquiry: Soft Pull
- Where it’s available: Nationwide
- Opening Deposit: None
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Live Oak Bank Rate
- Apply to open your business savings account in minutes. You’ll need both business and personal information to verify your identity and contact information.
- To fund your account, you simply link an existing bank account and transfer funds.
- Earn 3.50% APY on your funds.
Live Oak Bank Account Features
- Service. Their North Carolina-based customer success team is dedicated to providing you personalized support.
- FDIC Insurance. Funds deposited with Live Oak Bank are insured up to the maximum allowed by law, which is currently $250,000.
- No maintenance fees. Their accounts have no online banking or monthly maintenance fees.
- Online account opening. Open and manage your account without leaving your house. Download their mobile app to access your account on the go.
Are My Deposits Safe In This Account?
Yes, funds deposited with Live Oak Bank are insured up to the maximum allowed by law, which is currently $250,000.
Conclusion
Live Oak Bank is offering a great rate for its Business Savings Account.
In addition to the rate from Live Oak Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Live Oak Bank Business Savings Account and our other Live Oak Bank bonuses.
