Available nationwide, Live Oak Bank Savings is offering 4.00% APY Rate + a $200 bonus. Definitely continue reading below for everything you would need to know about the attractive account and rate!
Update 10/17/25: You can currently earn a competitive 4.00% APY rate on your funds along with a $200 bonus through 11/30/25.
Live Oak Bank $200 Savings Bonus
Earn $200 plus 4.00% 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 11/30/25.
- Fund Your Account. Deposit at least $20,000 into your account by 11/30/25.
- 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.
- In addition to the other requirements for the bonus offer, existing Live Oak Bank customers must maintain their existing account balances (not including interest accrued but not credited to the account) at or above the end of day balance as of October 12th 2025 11:59:59pm (ET) across their existing personal savings in order to be eligible for the bonus offer.
(FDIC Insured)
Live Oak Bank Savings Review
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
I’ll review Live Oak Bank High Yield Online Savings below.
Live Oak Bank Savings Rate
- What you’ll get: 4.00% APY
- Eligible account: Savings
- Where it’s available: Nationwide
- Opening Deposit: None
- Monthly Maintenance Fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Live Oak Bank Rate
- Visit the Live Oak Bank page and select “Open Account” button
- Fill in all requested information and submit your application.”
- Once your account is funded, enjoy earning 4.00% APY Rate
Live Oak Bank Account Features
- No Monthly Maintenance Fees
- No Direct Deposit Required
- FDIC Insurance Up to Maximum Allowed by Law
- Interest Compounded Daily
Is This Account FDIC Insured?
Yes, your funds deposited with Live Oak Bank are insured up to the maximum allowed by law, which is currently $250,000.
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Conclusion
Live Oak Bank is offering a great APY Rate for its Online Savings Account. Check out the link above for more information on the account.
They even compare this rate to other notable bank names. Check out more Savings Rates here on BCS so you can find an account that fits your needs.
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 U.S. Bank, Chase Bank, Discover Bank, TD Bank, Huntington Bank, Bank of America, Fifth Third 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 Savings Account and our other Live Oak Bank bonuses.
