Live Oak Bank: $200 Personal Savings Bonus & $400 Business Savings Offer (Available Nationwide)

Live Oak Bank is offering new personal savings account customers a $200 bonus when you deposit at least $20,000 for 90 days, and new business savings customers can earn a $400 bonus when you deposit at least $30,000 for 90 days.

As a digital, cloud-based bank that is focused on serving small business owners as well as consumers, Live Oak Bank is available in all 50 states across the U.S.A., and you can open and manage your accounts completely online.

With a personal savings account at Live Oak Bank, you’ll earn a 4.30% APY on your entire balance with interest compounded daily.

When you open a business savings account with Live Oak Bank, you’ll earn a 3.90% APY on your entire balance with interest compounded daily.

Both personal and business savings accounts from Live Oak Bank have no minimum balance requirements and no monthly maintenance fees.

However, if an account has a balance less than $10.01 and no activity for 24 consecutive months, a dormant account fee will be assessed for the account balance or $10, whichever is less, and your account will be closed.

Live Oak Bank $200 Personal Savings Offer

1. Visit this Live Oak Bank $200 Personal Page to open your account.

2. Open a new personal savings account by 10/31/2024.

3. Deposit at least $20,000 into your new savings account by 10/31/2024.

4. Maintain a daily balance of at least $20,000 for 90 days from the date of funding.

5. The $200 cash bonus will be deposited to your open, eligible account within 45 days after you complete all required activities.

Live Oak Bank $400 Business Savings Offer

1. Visit this Live Oak Bank $400 Business Page to open your account.

2. Open a new business savings account by 10/31/2024.

3. Deposit at least $30,000 into your new savings account by 10/31/2024.

4. Maintain a daily balance of at least $30,000 for 90 days from the date of funding.

5. The $400 cash bonus will be deposited to your open, eligible account within 45 days after you complete all required activities.

If you have $20,000-$30,000 to move around, then you may wish to review this Discover Online Savings Account Bonus as well to qualify for a personal savings offer.