Offer at a glance
Maximum bonus amount: $400
Availability: Nationwide
Direct deposit required: None
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: No
Credit card funding: No
Monthly fees: None
Early account termination fee: None
Household limit: No
Expiration date: 10/31/24
The Offer
Live Oak Bank is offering a $400 bonus when you open a business savings account and complete the following requirements:
Open and fund account by 10/31/24 with at least $30,000
Maintain that balance for 90 days
Existing customers must increase their balance by at least $30,000 and maintain that for 90 days
The Fine Print
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees.
Early Account Termination Fee
There is no EATF.
Our Verdict
This account earns 3.9% APY. This bonus works out to be an additional 5.33% APY. There is also a personal savings bonus for $200. We will add this to our list of the best savings bonuses.
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