Live Oak Bank CD Rates: 4.10% APY 12-Month, 4.00% APY 9-Month, 3.90% APY 6 & 18-Month CD (Nationwide)

Find the latest Live Oak Bank CD Rates, Offers, and Promotions here.

Update 4/22/25: The 6-18 month rates have decreased. Live Oak Bank is currently offering competitive rates for their 12 month term CD.

Best CD Rates: 4.10% APY 12-Month, 4.00% APY 9-Month, 3.90% APY 6 & 18-Month CD, $2,500 Minimum, $250K Maximum.

Availability: Nationwide

Credit Inquiry: Unknown

About Live Oak Bank

Live Oak Bank was established in 2008. Live Oak Bank’s savings rates are several times the national average, and it boasts an A+ health rating.

They are one of the nation’s top originators of small business loans. However, this is not all they are limited to. Although they are known for small business loans, they also offer a wide array of products including CD rates for all your specific financial needs.

*The above rates are accurate as of 4/22/2025*

Live Oak Bank CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer the term, the higher APY rate you make.

Live Oak Bank’s Best CD Offer pays a great APY rate. They currently offer standard CD rates from 3-months to 60-months. If you’re interested in making a higher rate than a traditional savings account then make sure to check out Live Oak Bank’s CDs and their rates listed below.

• Learn More at Live Oak Bank
• Minimum deposit: $2,500
• Maximum deposit: $250,000
• Early withdrawal penalty:
  • Early Withdrawal of a CD with a term less than 24 months: 90 Days of Simple Interest
  • Early Withdrawal of a CD with a term 24 months or greater: 180 Days of Simple Interest

(FDIC Insured)

Live Oak Bank CD Features

• Extremely Easy to Open an Account
• Easy access through mobile banking
• Low Minimum Deposit
• Competitive Rate
• FDIC Insured

Bottom Line

With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum balance of just $2,500.

An online account is ideal for Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.

*While Live Oak does have decent rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here

This is a great opportunity to invest in a high-interest CD from Live Oak Bank. However, you may want to compare them with our best CD Rates:

• Best 6-Month CD Rates
• Best 9-Month CD Rates
• Best 12-Month CD Rates
• Best 18-Month CD Rates
• Best 24-Month CD Rates
• Best 36-Month CD Rates
• Best 48-Month CD Rates
• Best 60-Month CD Rates
• Best No Penalty CD Rates

You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Live Oak Bank CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.