Key Takeaways
- Nationwide Offer: Available to small businesses across the U.S.
- Live Oak Business Bonus Amount: Earn a $300 cash bonus.
- Qualification Criteria: Open a new business savings account, deposit at least $50,000 by April 30, and maintain that balance for 90 days.
- Expiration Date: Offer valid through April 30, 2024.
- Account Benefits: High-yield interest, no monthly maintenance fees, and no minimum balance requirements.
- Additional Perks: Access to over 55,000 free ATMs nationwide, online account management, and dedicated customer service.
Introduction: Maximizing Your Business Savings Account with Live Oak Bank
Live Oak Bank, a leader in small business banking, is stepping up with a compelling offer: a $300 bonus for new business savings account holders. This offer is designed specifically for small business owners looking to bolster their savings while enjoying the perks of a high-yield account without the burden of monthly fees or minimum balance requirements.
Live Oak Bank is a fully digital, FDIC-insured bank that provides financial services to customers across the United States. With a focus on small business owners, Live Oak Bank is the leading SBA 7(a) lender by dollar volume and aims to be the go-to bank for small business owners looking to buy, build, expand, and operate their businesses.
With a straightforward qualification process and the offer’s expiration on April 30, 2024, there’s no better time than now to start a banking relationship with a new Live Oak Bank account and earn additional cash for your business. Let’s look into how you can seize this opportunity and make the most of Live Oak Bank’s exceptional offer.
Recent Updates
- Update 3/30/2024: The offer is back on April 1, through April 30, 2024. See details below. For a business checking offer, you might want to compare this bonus with the offer from Chase Bank.
- Update 10/18/2023: The offer has ended.
See the Posts History below for all Live Oak Bank’s offers, including personal savings account offers.
Live Oak Bank Business Savings Bonus $300 (Nationwide)
Big banks offer high monthly fees and low interest rates. Enjoy a better way to save for your business. High-yield interest. No monthly maintenance fees. No minimum balance requirements.
- What you’ll get: $300
- Where it’s available: Nationwide
- How to earn it: First-time Live Oak business savings customers can take these steps to qualify:
- Deposit at least $50,000 into your savings account by 4/30/24.
- Maintain a balance of $50,000 or more for 90 consecutive days and watch your business savings grow.
- Must be a first-time Live Oak business savings customer to be eligible for this bonus offer.
- When it expires: 4/30/2024
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Waive The Monthly Fee
Their business savings account has no monthly maintenance fee.
TRENDING DEAL:
▶ GET UP TO $700 BONUS CASH WITH THIS INVESTING OFFER FROM J.P. MORGAN
About Live Oak Bank
Small business owners have been impressed with Live Oak Bank. The bank’s focus on serving the needs of small businesses is evident in the range of services they offer, from the nation’s leading SBA lender to high-yield business savings accounts and small business checking accounts specifically designed for the self-employed.
They appreciate the convenience of being able to open and manage accounts through online banking and the personalized support they receive from the bank.
Account Features
Live Oak Small Business Checking
- Open online in minutes
- Deposit checks, pay bills, initiate wire transfers online – whenever, wherever
- Over 55,000 free ATMs nationwide
- No account opening or monthly maintenance fees
- Dedicated customer service and onboarding support
Live Oak Small Business Savings
- 4.00% APY*
- Open online in minutes
- Simply fund your account by linking and transferring from an existing bank account
- No account opening or monthly maintenance fees
- Dedicated and personalized customer service
- FDIC insured up to $250,000
*Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 1/23/2024. Rates may change at any time without prior notice, before or after the account is opened.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
Final Thoughts
Live Oak Bank is a fantastic option for small business owners looking for a dedicated, technology-focused banking partner. With its focus on serving small business needs, high-yield savings accounts, and free online management, it offers a convenient and cost-effective solution for business owners.
The bank’s commitment to innovative technology and one-on-one customer support make it a great choice for those who want a better banking experience.
Overall, Live Oak Bank is a great choice for small business owners looking for a bank that truly understands their needs and provides a range of services tailored to meet those needs.
Posts History for Live Oak:
- Earn Up To 5.00% APY: Live Oak Bank’s Best CD Account Rates (Nationwide)
- Live Oak Bank Personal & Business Savings Accounts Earn 4.00% – 4.40% APY (Nationwide)
- Live Oak Bank Promotions: Up to $300 Business Checking & Business Savings Bonuses (Nationwide) – Ended
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.