Live Oak business savings $200 Bonus

Live Oak logo

Live Oak Bank : Live Oak business savings

$200

3.3

BankBonus.com score

Availability

Ease

Amount

Fees

Expert Take

Business savings account bonuses are rare, and this one is from a reputable bank with a history of offering high interest. If you have a high cashflow business, consider Live Oak Bank for your business savings needs.

Offer Expires In

How To Earn The Bonus

  1. Open a new Live Oak Bank business savings account.
  2. By 01/13/2025, deposit at least $20,000 into your new business savings account.
  3. For the next 60 days, maintain a balance $20,000 or more and watch your business savings grow with 3.80% APY
  4. Bonus will be deposited to your open, eligible account within 45 days of the 60-day activity period ending.

Available in Your Area?

Yes

Monthly Fees?

No

Open Online?

Yes

Credit Pull?

Unknown

Live Oak Bank logo

Apply Now

at Live Oak

Available nationwide, Live Oak is offering a $200 welcome bonus when you open a new business savings account and maintain a minimum deposit. The bonus amount is lower than when it was previously offered, but the deposit requirements are lower as well. With that said, it's still a solid offer and easy to earn if you have the available cash. Keep in mind this bonus is in addition to their ultra-competitive high interest rates.

What's more? This bonus is also available to existing customers and you'll need to meet certain conditions which can be found on the Live Oak Website.

Editor's Note: I am an actual customer of Live Oak and have an active Live Oak small business savings account

How To Earn The Bonus

The Live Oak business savings promotion requires you to deposit and maintain a minimum balance in order to earn the $200 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • Only one bonus offer per customer will be awarded.
  • Full terms available on Live Oak's website

How does this business savings 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 Checking®

Bonus
$300
Account Type
Business Checking
Expires In
29 days
Requires
  • Min Balance
  • Card Spend (optional)

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 built for the self-employed. They continuously invest in technology solutions that will reinvent the banking experience.

Live Oak business savings

Fees

Live Oak business savings does not charge a monthly maintenance fee.

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