Live Oak Bank is offering a $300 bonus to new business savings customers who meet certain requirements. To be eligible for the bonus, customers must deposit at least $30,000 into their account within 15 days of opening it and maintain a balance of $30,000 or more for 90 days. The account also offers a 4.00% APY.
There are no monthly fees or early account termination fees, and the offer is available nationwide. However, fiduciary accounts such as trusts are not eligible for the bonus. To take advantage of this offer, customers must open a new Live Oak Bank business savings account by May 31, 2023.
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