Our Business Savings is


Earn 4.00% APY1

For a limited time, earn a $150 bonus when you open a new business savings account with qualifying activities2. 




1. Open

Open a Live Oak business savings account between 2/15/23 and 3/31/2023.

2. Fund

Deposit at least $10,000 into your account by 3/31/2023.

3. Pay

Maintain a balance $10,000 or more for 90 days and watch your business savings grow with 4.00% APY1.

Must be a first-time Live Oak business savings customer to be eligible for this bonus offer.

make the most of your money

At Live Oak, we reward you with remarkable service and some of the most competitive savings and CD rates. Plus, banking with us means your money fuels the growth of small businesses across the country. 



Annual Percentage Yield1

No monthly fee

Our accounts have no online banking or monthly maintenance fees

FDIC insurance3

Funds deposited are insured up to $250,000

Online account opening

Open your account in minutes and manage it completely online

Human-powered service

Our customer success team is dedicated to providing you personalized support

Small business makes a big impact


1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 3/23/2023. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. Fees may reduce earnings.

2. Important Information about this Business Savings Bonus Offer: 

Bonus offer is only available to new business savings customers. One offer per business or per authorized signer. To be eligible for the $150 bonus offer, a new Live Oak Bank business savings account must be opened, approved and funded with at least $10,000 in new money by 11:59 p.m. ET on 3/31/2023.  

A balance of $10,000 or more must be maintained for at least 90 days from the date of funding. Funds deposited by ACH, check, transfer, or wire must be drawn from an external financial institution to qualify. Deposits transfers originating from an existing Live Oak Bank Personal or Business account via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify for bonus offer.  

This bonus offer is available to new business savings customers. The opening of a new account will be subject to approval. Only one bonus offer per customer, business or authorized signer, will be awarded. Eligibility will be limited based on account ownership. Deposited funds must be collected to be eligible towards bonus offer. The $150 cash bonus will be deposited to your open, eligible account within 45 days of the 90-day activity period ends. Live Oak Bank reserves the right to withdraw or withhold the bonus offer from any customer, with or without, notice if fraud or gaming is suspected.  

The bonus payout may be subject to tax reporting. Fiduciary accounts (e.g., trusts) not eligible for this offer. Offer cannot be combined with any other savings offer and is limited to one bonus per account and per authorized signer.   

Offer expires on 11:59 p.m. ET on 3/31/2023.  

To receive this bonus, the new account must not be closed or restricted at the time of payout. Live Oak Bank employees do not qualify.  

3. 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.

See Disclosures for details