Available nationwide, Live Oak Bank is offering up to a $300 welcome bonus when you open a new small business checking account and a small business savings account with qualifying activities. You get to choose whether you complete either the savings or checking account offer for $150 each or go for both in one swoop for the $300 total.
How To Earn The Bonus
The Live Oak Business Checking + Savings Combo promotion requires you to deposit and maintain a minimum balance, and optionally, make purchases using the account's card in order to earn the $300 bonus.
Full requirements to receive this bonus are:
- Open a new Live Oak Bank business checking account between 2/15/2023 and 3/31/2023.
- Within 90 days, deposit at least $2,000 into your new business checking account.
- Within same 90 day period, make 20 qualified transactions.
- Open a Live Oak business savings account between 2/15/23 and 3/31/2023.
- Deposit at least $10,000 into your account by 3/31/2023.
- Maintain a balance $10,000 or more for 90 days and watch your business savings grow with 3.50% APY.
- Bonus(es) will be deposited to your open, eligible account within 45 days of the 90-day activity period ending.
Open a Business Checking + Savings Combo account before the bonus expires on March 31, 2023
The fine print
- Must be a first-time Live Oak small business savings customer to be eligible for this bonus offer.
- Qualifying debit transactions include ATM withdrawals, debit card purchases, ACH payments, and paid checks.
- Internal transfers, fees, debit card refunds and transaction reversals do not count as qualifying transactions for bonus offer.
- Only one bonus offer per customer will be awarded.
- Must be a first-time Live Oak small business checking customer to be eligible for this bonus offer.
How does this business checking offer from Live Oak compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Chase
Chase Business Complete Banking℠
- Bonus
- $300
- Account Type
- Business Checking
- Expires In
- 58 days
- Requires
- Min Balance
- Card Spend (optional)
U.S. Bank
Business Checking
- Bonus
- $500
- Account Type
- Business Checking
- Expires In
- 33 days
- Requires
- Min Balance
- Bill Pay (optional)
- Card Spend (optional)
Axos
Business Interest Checking
- Bonus
- up to $200
- Account Type
- Business Checking
- Expires In
- 10 days
- Requires
- Min Balance
Recent Versions of This Offer
Banks often tweak the requirements and the reward amount of their welcome offers. Track how this welcome bonus from Live Oak has changed over time:
- Expired November 18, 2022: $2,500 min deposit and 15 transactions
Why Live Oak Bank?
Live Oak is an FDIC-insured bank built to serve small businesses. In addition to being the nation’s top SBA lender, Live Oak offers high-yield business savings accounts and small business checking accounts built for the self-employed. They continuously invest in technology solutions that will reinvent the banking experience.Live Oak small business checking
Live Oak’s small business checking account has the key components of a business checking account without the unnecessary features and fees found at a typical bank.Fees
Live Oak small business checking does not charge a monthly fee.
Live Oak business savings
Fees
Live Oak business savings does not charge a monthly fee.
Apply now for a Business Checking + Savings Combo account to earn the $300 bonus offer