Live Oak Savings Account

We will ask for your personal information and external bank account information.

Live oak savings account.

You may click get started on the homepage and follow the prompts to begin the quick three step application. Your ach should post to your external account within 1 2 business days. Click here to download. Live oak bank personal savings rate falls to 0 70 apy eff.

It was established in 2008 and as of june of 2020 it had grown to 603 employees. Live oak bank s savings rates are 35 higher than the national average and it has an a health rating. No minimum balance to open but customers must have a balance of 0 01 to earn interest. The live oak savings account can only be opened online.

Check out more savings rates here on bcs so you can find an account that fits your needs. The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account. You may make up to 6 withdrawals from your live oak bank savings account per statement cycle including preauthorized automatic and telephone transfers. Rates may change at any time without prior notice before or after the account is opened.

No minimum opening balance or deposit required to open. 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. 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 and subject to change at any time without prior notice. Fees may reduce earnings. 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. Your information will be verified electronically.

Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account. The ach cutoff time is 4 00 p m. To do this log on to the live oak portal select transfer funds then select the from account to account and amount of the transfer.

Fees may reduce earnings. The live oak savings account does not include checks or a debit card. While you can find a few online accounts with higher payouts this account offers one of the highest apys. Penalties may apply to early withdrawals.

At live oak bank there s no monthly maintenance fee for savings accounts.