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Live Oak Bank CDs

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APYUp to 4.20% Image
Min. Deposit $2,500 Image

Last updated on 2024-12-14

Live Oak Bank CDs Review

Pros Pros

Interest can be automatically disbursed monthly

Convenient online banking

Cons Cons

No physical banks

Deposit Details Live Oak Bank CDs APY

  $2,500 & Above
6 months 4.00% APY
9 months 4.10% APY
12 months 4.20% APY
18 months 3.00% APY
24 months 2.00% APY
36 months 2.00% APY
48 months 2.00% APY
60 months 2.00% APY

 

Receive up to 4.20% APY for Live Oak Bank Online High Yield CDs

Applicable for online placement only

Above rates are applicable to minimum placement of US$2,500 and maximum placement of US$250,000

Interest can be automatically disbursed monthly

Manage your renewal preferences online via app or website

At the time of maturity, the funds can be withdrawn or the certificate will automatically renew at the current interest rate offered for a CD of the same term

No monthly maintainence fees

Any early principal withdrawal before maturity date will result in a penalty of 90 / 180 days worth of interest for 6 or 12 or 18 months CDs / 24 or 36 or 48 or 60 months CDs

 

Click here to go to Live Oak Bank website for more details

 

About Bank About Live Oak Bank

Live Oak Bank is primarily an online bank but have their physical headquarters in a. Online banking is available via app or website for all customers. Customers can also manage external accounts from other banks through the Live Oak mobile app.

Live Oak Bank can be contacted via email or phone. Customers can also contact them about their CDs via phone on 866.518.0286 from Mondays to Fridays 8am - 8pm ET

Live Oak Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000

 

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