Live Oak Bank High-Yield Savings Account
Your Savings, Supercharged. Get a $3002 Bonus.
Our high-yield savings account offers a 1 APY with no monthly maintenance fees or minimum deposit to open. Plus, get a $3002 cash bonus when you open a new account.
No catches. We believe in a simple, honest banking experience.
Unmatched service. Get reliable support from our US-based team.
FDIC insured.4 Your money is protected, giving you peace of mind.
Your Cash Bonus2 is Three Steps Away
We've streamlined the process so you can start earning more today.
1. Open a New Account
Open a Live Oak Bank personal savings account by 5:00 p.m. ET on 10/16/26.
2. Fund Your Account
Deposit at least $20,000 into your account by 5:00 p.m. ET on 10/16/26.
3. Maintain Your Balance
Maintain a balance of at least $20,000 for 90 days.
Already have an account? See terms2 below to learn how you can qualify for the bonus!
| Bank | APY1 | 1-Year Est. Earnings |
|---|---|---|
| National Average3 | % | |
| Live Oak Bank | % | |
|
2 $X,XXX Total Earnings |
Recognized for Excellence
Live Oak is consistently recognized for our superior customer support and high-yield savings accounts.
"Best Overall Business Savings Account"
— NerdWallet
"Best Online Savings Account of 2025"
— Wall Street Journal's BuySide
"Best for Earning a Competitive Business Savings APY"
— Bankrate
We value your money and your time
Unmatched Customer Service
Our U.S.-based team is committed to getting you the right answer the first time you call.
Consistent High Rates
No bait and switch. Just reliable, top-tier returns.
Security You Can Trust
We've successfully defended millions in fraud attempts, keeping your money safe.
FDIC Insured4
Your deposits are protected, giving you peace of mind.
meet live oak bank
Hi, we're Live Oak. Founded in 2008, our founders set out to revolutionize banking. Want to learn about our fresh approach to finance? Let's dive in.
Ready to Earn $300?2
Enjoy a simpler way to save with competitive interest rates, no monthly maintenance fees and a fast and secure connection to your other bank accounts.