Live Oak Bank savings account signup bonus is back, with a $200 bonus and a solid 3.8% APY. The offer expires on January 30, 2026, so you’ll need to open the account before then, deposit $20,000+ funds, and keep it for 60 days.
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About Live Oak Bank
Live Oak Bank is a subsidiary of Live Oak Bancshares, Inc. and is a U.S. bank. Headquartered in Wilmington, North Carolina, the bank serves small business owners in all 50 states. It is also a member of the FDIC, so deposits are insured up to $250,000.
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.
This promotion gives you a chance to earn up to a $200 bonus after opening a new savings account!
- Application link
- Maximum bonus amount: $200
- Availability: Nationwide
- direct deposit requirement: None
- Credit inquiry: SoFi pull
- ️ChexSystems: None
- Credit card funding: None
- Monthly fee: None
- Early account termination fee: None
- Household restriction: None
- Deadline: January 30, 2026
Signup bonus
See the top of the article for details
Details
- Each taxpayer ID is limited to one bonus per promotion period.
- Only personal savings accounts are eligible for this offer; checking accounts, CDs, and trust accounts (such as escrow accounts) are not eligible.
- New accounts are subject to approval by Live Oak Banking Company.
- Your new account must be fully funded by January 30, 2026, to qualify for the bonus.
- Each deposit must come from an external financial institution; transfers from existing Live Oak Bank accounts do not qualify.
- If all requirements are met, the bonus will be deposited into your account within 45 days after the 60-day period ends.
- The new account must not be closed or restricted when the bonus is paid, and Live Oak Bank reserves the right to cancel or suspend the bonus.
- The bonus may be taxable.
Interest rate
This savings account is still a pretty good deal. The 3.8% interest rate is solid by today’s standards, so parking your money here for 60 days isn’t a bad move at all!
Account fees
- Monthly fee: None.
- Early account termination fee: None.
Bottom line
This Live Oak Bank offer is pretty good, letting you earn a solid bonus while also enjoying a relatively high interest rate. If you have idle cash, this account may be worth considering. Since it’s FDIC-insured, you can move on after just 60 days.
About bank account signup bonuses
Bank accounts such as savings accounts and checking accounts can also offer generous signup bonuses. And opening these bank accounts generally does not affect your personal credit history, so it’s basically free money. We’ve also summarized some of the better bank account bonuses available right now:
Unlike credit cards, which require you to meet a welcome-spending requirement, bank account bonuses can be earned in different ways, such as depositing money, making direct deposits, meeting a transaction requirement, or enrolling in online banking. You’ll need to complete the required steps according to each bank’s rules. For more details, see: