Live Oak Savings Account

Live oak bank is offering a great apy rate for its online savings account.

Live oak savings account.

Click here to download. We will ask for your personal information and external bank account information. The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account. For the best experience check out our mobile app.

At live oak bank there s no monthly maintenance fee for savings accounts. Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. Live oak bank s savings rates are 35 higher than the national average and it has an a health rating. Rates may change at any time without prior notice before or after the account is opened.

Your information will be verified electronically. Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account. Fees may reduce earnings. The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account.

Live oak bank certificate of deposit annual percentage yield apy is valid as of and subject to change at any time without prior notice. No minimum opening balance or deposit required to open. Penalties may apply to early withdrawals. Check out the link above for more information on the account.

Check out more savings rates here on bcs so you can find an account that fits your needs. While you can find a few online accounts with higher payouts this account offers one of the highest apys. It was established in 2008 and as of june of 2020 it had grown to 603 employees. They even compare this rate to other notable bank names.

Live oak bank personal savings rate falls to 0 70 apy eff. The live oak savings account does not include checks or a debit card. Fees may reduce earnings. You may make up to 6 withdrawals from your live oak bank savings account per statement cycle including preauthorized automatic and telephone transfers.

Live oak consistently offers a top tier apy to customers with its online savings account. Live oak bank certificate of deposit annual percentage yield apy is valid as of 9 10 2020 and subject to change at any time without prior notice. You may click get started on the homepage and follow the prompts to begin the quick three step application. The ach cutoff time is 4 00 p m.

Your ach should post to your external account within 1 2 business days.