Live Oak Bank (see table below) is now offering a 1.50% APY Rate for their Online Savings Account with no minimum balance. Though there is no minimum balance the account must be funded within 14 days or the bank may close the account. Enjoy the features of no monthly fees, no direct deposit required, interested compounded daily and more with this online savings account. This offer is only available for limited amount of time and opening an account only takes a matter of minutes, so get started today!
Live Oak Bank Savings Account Summary:
- Apply Now (See Table Above)
- Account Type: Online Savings account
- Rate: 1.50% APY
- Availability: Nationwide
- Expiration Date: For a limited amount of time
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: No Direct Deposit Required
- Additional Requirements: As long as you have a minimum of at least $0.01 in your savings, you'll earn this acclaimed 1.50% APY.
- Early Termination Fee: No Termination Fee NOTE
- There is a $10 charge for each withdrawal beyond the allowed six per month
- There is a $10 charge for each withdrawal beyond the allowed six per month and if the balance of the account is less than $10.01 and there has been no activity for 24 consecutive months, a dormant account fee will be assessed and the account will be closed.
Live Oak Bank Savings Advantages:
- 1.50% APY Rate
- No Monthly Fees
- Interest Compounded Daily
- No Minimum Balance Req.
Live Oak Bank Savings Account Features:
- Earn 16x the National Average
- FDIC Insurance Up to Maximum Allowed by Law
- No Monthly Maintenance Fees
- Interest Compounded Daily
- Open an Account in Minutes
Conclusion:
Everyone deserves the chance to reach their goals. Live Oak Bank makes it easier with safe, secure, high-yield savings products — choose an FDIC-insured3 Savings Account for worry-free returns. There's no monthly fees, no minimum balance requirement, no direct deposit requirement and your interest will be compounded daily. Not only that, but you'll have a 1.50% APY on all of your deposits as long as you have just $0.01 in your Live Oak Savings.
Note that there is a $10 charge for each withdrawal beyond the maximum 6 allowed per statement cycle and if the balance of the account is less than $10.01 and there has been no activity for 24 consecutive months, a dormant account fee will be assessed and the account will be closed. If you're interested, scroll through our Savings Rate table above and look for Live Oak Bank's Savings. Click "Start Savings" once you have found the set savings account. Be sure to also check out our Best Bank Rates for savings accounts and more!