Available nationwide, Live Oak Bank Savings is offering a 3.50% APY Rate. Definitely continue reading below for everything you would need to know about the attractive account and rate!
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Live Oak Bank Savings Review
Live Oak Bank was established in 2008 and currently has a rate that is many times the national average. They also boast an A+ health rating. Live Oak Bank is an online bank so everybody can access these rates nationwide.
I’ll review Live Oak Bank High Yield Online Savings below.
Live Oak Bank Savings Rate
- What you’ll get: 3.50% APY
- Eligible account: 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
- Visit the Live Oak Bank page and select “Open An Account Today” Tab
- Enter your full name and email address then check your email for an activation link and instructions on how to access Live Oak Portal
- Log in to the Live Oak Portal to open your account. Be sure to have the following info handy as they may ask for it: Name, Address, Social Security Number, Date of Birth and Funding Account Information
- Once your account is funded, enjoy earning 3.50% APY Rate
Live Oak Bank Account Features
- No Monthly 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.
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 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 Savings Account and our other Live Oak Bank bonuses.
