Find the latest Live Oak Bank Personal Savings offers and promotions here.
Update 9/10/25: There’s currently a $200 bonus available on top of a competitive 4.00% APY.
Continue reading below to learn everything you need to know about Live Oak Bank High Yield Savings account to earn a $200 bonus + 4.00% APY.
Live Oak Bank $200 Personal 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 9/30/25.
- Fund Your Account. Deposit at least $20,000 into your account by 9/30/25
- 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.
- 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 September 1st 2025 11:59:59pm (ET) across their existing personal savings in order to be eligible for the bonus offer.
(FDIC Insured)
About Live Oak Bank High Yield Savings
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
| Balance Requirement | APY Rate |
| $0.01+ | 4.00% APY |
Live Oak Bank High Yield Savings Rate
To earn Live Oak Bank’s competitive rate, simply complete all the requirements. That’s all it takes and you’ll get to enjoy earning the competitive rate.
- Account Type: Personal Savings Account
- Interest Rate: 4.00% APY
- Availability: Nationwide
- Minimum Balance to Earn Interest: $0.01
- Maximum Balance: None
- Credit Inquiry: None
- Opening Deposit: $0.01 to earn interest
- Monthly Maintenance Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Live Oak Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1-2 business days | $250,000 | N/A | |
| Pull | 1-2 business days | $250,000 | N/A |
How to Earn Live Oak Bank Rates
- Open the Live Oak Bank Personal Savings account
- Input your personal information.
- Fund the account within 14 days- Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.00% APY as long as the account balance is above $0.01.
Why You Should Sign Up For This Account
- Earn many times the National Average
- FDIC insurance up to $250,000, the maximum allowed by law
- No Monthly Maintenance Fees
- Interest Compounded Daily
- Secure Electronic Statements
- Move Money Faster with Electronic Transfers
- Bankrate Safe & Sound 5-Star Rating
- Access Your Account Anytime with the Live Oak mobile app
Bottom Line
Check out this offer from Live Oak Bank. When you open a personal savings account you can earn a competitive rate!
This rate is great for earning high interest with balances as low as $0.01.
Interested in Bank Bonuses? See our other favorite banks including U.S. Bank, Bank of America, Chase Bank, Huntington Bank, Discover Bank, TD Bank, Fifth Third Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates and Live Oak Bank promotions!
Check back often to see the latest info on Live Oak Bank Online High Yield Savings.
- 1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 8/25/2025. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. Fees may reduce earnings.
- 2. Important Information about this Personal Savings Bonus Offer:
- Customers must meet all of the following requirements to be eligible for the $200 bonus:
- New and Existing Customers:
- The promotion begins on September 2nd, 2025.
- Only one bonus is available per Tax Identification Number per promotional period.
- Only personal savings accounts are eligible for the bonus offer. Checking accounts, certificates of deposit (CD) accounts and fiduciary accounts (e.g., trusts) are not eligible for this offer.
- Opening of a new account will be subject to approval by Live Oak Banking Company in its sole discretion.
- A new account must be opened between September 2, 2025 and September 30, 2025 to be eligible.
- A new Live Oak Bank personal savings account must be fully funded with at least $20,000 by 11:59 p.m. Eastern Time on 09/30/2025 to be eligible for the bonus. If the account is not fully funded by September 30th, then the account is not eligible for the bonus offer.
- 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.
- Beginning on the date in September 2025 that the new account attains a balance of at least $20,000, if the balance remains equal to or exceeding $20,000 for 60 consecutive days, then the account will be eligible for the bonus if all other conditions are met. 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.
- Your new account must not be closed or restricted at the time of payout in order to receive the bonus. Live Oak Bank reserves the right to withdraw or withhold the bonus offer from any customer, with or without notice, if fraud or other suspicious activity is suspected.
- Any promotional amounts received may be subject to taxation.
- Existing Customers:
- 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 September 1st 2025 11:59:59pm (ET) across their existing personal savings in order to be eligible for the bonus offer.
- 3. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of 3/17/2025; average rate used is for deposits under $2,500.
- 4. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). As a Live Oak Bank customer, your Live Oak Bank deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.
