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Live Oak Bank

Personal Savings Bonus

$200

bonus value

$200 when you open a new Live Oak Bank Personal Savings account, deposit $20,000+ from an external institution, and maintain for 60 consecutive days.

Expires: May 31, 2026

Requirements

1

Open Live Oak Personal Savings

New personal savings customers only — open between 4/20/2026 and 5/31/2026

2

Deposit $20,000 from external institution

By 5/31/2026 — internal transfers from existing Live Oak accounts do not qualify

3

Maintain $20,000 balance for 60 days

60 consecutive days after reaching the $20,000 threshold

Details

Minimum Deposit$20,000
Minimum Balance$20,000
Monthly FeeNone
Fee WaiverNo monthly fee
Cooldown Period12 months
Direct DepositNot required

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Terms & Conditions

New Live Oak Bank personal savings customers only. Must open account between 4/20/2026 and 5/31/2026. Must deposit $20,000+ from an external financial institution by 5/31/2026 — internal transfers from existing Live Oak accounts do not qualify. Must maintain $20,000+ balance for 60 consecutive days. Bonus deposited within 45 days after the 60-day holding period. One bonus per TIN per promotional period. Account must remain open and unrestricted at time of payout. No monthly fee. 3.80% APY. FDIC insured. Bonus may be subject to taxation.

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Bonus Calculator

1 mo6 months24 mo
0
Bonus+$200
Net Value$200
Effective APY2.0%

Based on $20,000 deposit for 6 months

Eligible AgainAfter 12 months