Live Oak Bank is rolling out a $200 savings bonus that’s available to both new and existing customers—but there’s a catch: the timeline is tight, so this one requires quick action.
If you already have cash sitting on the sidelines (or can move it quickly), this can be an easy win on top of a competitive interest rate.
The Bonus Offer at a Glance
Bonus amount: $200 Account type: Live Oak Bank Personal Savings
Interest rate: 3.80% APY
Eligibility: New and existing account holders
Requirements for New Customers
To qualify as a new customer, you must:
Open a Live Oak Bank Personal Savings account by January 30, 2026
Fund the account with $20,000 by January 30, 2026 at 11:59 PM
Maintain a $20,000 balance for 60 consecutive days
Funds must come from outside Live Oak Bank
Requirements for Existing Customers
Already have a Live Oak savings account? You’re still eligible.
To qualify as an existing account holder:
Increase your current savings balance by $20,000
Maintain that increased balance for 60 days
Funds must originate from outside Live Oak Bank
This is essentially a “new money” requirement—shifting money internally won’t count.
Important Timing Warning ⚠️
This offer has a very short funding window. You need to:
Open the account and fully fund it with $20,000 by January 30, 2026 at 11:59 PM.
If you’re moving money from another bank, factor in transfer times.
Bottom Line
If you can move $20,000 quickly, this Live Oak Bank bonus is a solid, low-effort opportunity—especially when combined with a 3.80% APY savings rate. Just don’t sleep on it, because the short deadline is the biggest hurdle.
Link to offer: Live Oak Bank $200