Live Oak Bank Personal Savings Account bonus: is $300 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
Yearly rate on $20,000 while it's there, bonus included.
The math
Compared with leaving $20k at 4.15%
Deposit $20,000 in new money · Keep $20,000 there until day 90 · Existing customers: keep combined end-of-day balance across existing Live Oak personal…. Terms checked Oct 9, 2026.
About this bonus
What it takes
- 1Deposit $20,000 in new money
- 2Keep $20,000 there until day 90
- 3Existing customers: keep combined end-of-day balance across existing Live Oak personal…
- Ends
- Oct 16, 2026
- Where
- Nationwide
- Pays while it's there
- 4% a year
- Monthly fee
- None
- Cash stays
- About 90 days
- Bonus paid
- Usually within 45 days of finishing
- Credit check
- None
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the Live Oak Bank Personal Savings Account bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $20,000 tier adds +$292: the $300 bonus plus $197 interest, minus the $205 that cash would have earned in 90 days. At a different rate the answer changes; the calculator on this page works it out for yours.
What are the requirements?
Deposit $20,000 in new money; keep $20,000 there until day 90; existing customers: keep combined end-of-day balance across existing Live Oak personal…. Open nationwide.
When does it end?
The offer ends Oct 16, 2026. The terms were last checked Oct 9, 2026.