Live Oak Bank High-Yield Personal Savings bonus: $300 and what it takes
Ends in 10 days, on
Open the account by the end date the bank shows. Checked against the bank's page on .
The offer in one paragraph
Live Oak Bank pays $300 when you open Live Oak Bank High-Yield Personal Savings. To earn it, deposit $20,000 in new money and keep it there for 90 days. On the cash it asks you to park, the $300 bonus works out to an annual rate of 6.08%. The account has no monthly fee. The bank offers it nationwide. The bank shows October 16, 2026 as the last day.
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
How to earn it
- Open Live Oak Bank High-Yield Personal Savings online.
- Deposit $20,000 or more in new money.
- Keep that money in the account for 90 days, the hold period as the bank states it.
- Wait for the bank to pay the bonus. Its terms say when it pays once you meet the requirements.
Day counts follow the bank's terms, which say when each period starts.
When the bank pays. Live Oak pays within 45 days after the 90 day period ends.
Fund the new savings account with at least $20,000 from another bank by 5:00 p.m. ET on October 16, 2026, the last day of the offer, then keep $20,000 or more in it for 90 days in a row.
Existing Live Oak customers can take the offer too, but they must also keep their combined personal savings at or above the balance they held on September 7, 2026. One bonus per taxpayer ID in the promotion. Checking accounts, CDs and trusts do not qualify.
The offer page leaves the date of its APY blank. The 4.00% we show is the rate in the page's own savings calculator.
The numbers
- Bonus
- $300
- Cash to park
- $20,000The larger of the deposit and the balance the bank asks for.
- Direct deposits
- Not required
- Hold period
- 90 daysAs the bank states it. Banks count it from different days.
- Annual rate
- 6.08%$300 / $20,000 x 365 / 90 x 100. The bonus over the cash and the days it asks for, scaled to a year. The bank does not pay it as interest.
- Interest on the account
- 4.00% APYAs the bank showed it on October 6, 2026. Rates change; the calculator counts it on the parked cash.
- Monthly fee
- None
- Early closure
- Not published
Guides to these figures: how the annual rate is calculated, monthly fees and how to avoid them and early closure fees and clawbacks.
Worth it for you
Cash not entered, so no offer is checked against cash. Enter what you can park to check it. If you can park $20,000, the $300 bonus comes to $300.00 after costs.
- Bonus
- $300.00
- Monthly fees
- $0.00
- No monthly fee.
- $20,000 for 90 days at your 4.00%
- −$197.26
- What the cash would earn where it sits now, over the hold period as the bank states it.
- Interest at the account's 4.00% APY
- +$197.26
- Net gain
- $300.00
Assumes a 4.00% savings rate on the parked cash and no tax figure. The bonus calculator takes your own rates and compares every live offer.
Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
Who can get it
- For
- Personal accounts
- Customers
- Not limited to new customers in the terms
- Where
- NationwideThe bank says so on its page.
- Minimum age
- Not published
Before you apply: how often you can earn a bonus from one bank and whether opening an account affects your credit.
Tier
| Bonus | What it takes | Cash to park | Annual rate | In words |
|---|---|---|---|---|
| $300 | Deposit and hold: $20,000 | $20,000 | 6.08% | Open a new personal savings account by October 16, 2026, fund it with at least $20,000 from an outside bank by 5 p.m. ET that day and keep at least $20,000 in it for 90 consecutive days. |
Source
Checked against the bank's own page on .
Read the offer on Live Oak Bank's page (opens in a new tab)
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
Pages we read
- Offer page on www.liveoakbank.com, read
- Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
- Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Are bank bonuses taxable has the detail.
- Bonus Tally is an information service, not a bank or a financial adviser. Nothing here is financial, tax or legal advice.
The verification log lists every offer with its source, and the methodology gives every formula.
Other bonuses from Live Oak Bank
Live Oak Bank and all its offersNo other live offer from Live Oak Bank is in the table.
Similar bonuses
Every live bonusLive personal offers from other banks, closest in size to this one, largest first.
| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| E*TRADE Premium Savings Account | Bonusup to $800 | What it takesDeposit and hold$100,000 | Cash to park$100,000 | Annual rate6.49% | Checked |
| Barclays Tiered Savings | Bonus$200 | What it takesDeposit and hold$25,000 | Cash to park$25,000 | Annual rate2.43% | Checked |
| Chase SavingsAlready part of the $900 Chase Total Checking tier | Bonus$200 | What it takesDeposit and hold$15,000 | Cash to park$15,000 | Annual rate5.41% | Checked |
| Alliant Credit Union The Ultimate Opportunity Savings Account (High-Rate Savings) | Bonus$100 | What it takesDeposit and hold$1,200 | Cash to park$1,200 | Annual ratehold period not stated in days | Checked |