Rate updated · 64 banks tracked
Live Oak Bank savings account rate: 4.00% APY
Live Oak Bank pays 4.00% on its savings account — ranking in the top quartile of the 64 banks SwitchWize tracks, where the best available rate is 4.22%. (Updated October 12, 2026.)
Is Live Oak Bank a good savings rate? Not really. At 4.00% it trails the 4.22% best available rate, leaving about $54 a year on the table on a $25,000 balance.
The gap, in your dollars
At 4.00%, $25,000 earns $1,000/yr here versus $1,054/yr at the field leader — a $54/yr difference.
See your exact number →Higher-paying alternatives we track
Rates subject to change. Verify before switching.
Frequently asked questions
What is Live Oak Bank's savings account interest rate?▾
Live Oak Bank pays 4.00% APY on its savings account as of October 12, 2026, based on rates SwitchWize tracks across 64 banks.
Is Live Oak Bank's savings rate good?▾
Live Oak Bank's 4.00% ranks in the top quartile of tracked banks. The best available rate is 4.22% and the FDIC national average is 0.38%.
Which banks pay more than Live Oak Bank?▾
Higher-paying tracked options include mitten, vio, bread. Compare rates at /banks to find the best current option.
General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.