Rate updated · 87 banks tracked
Live Oak Bank savings account rate: 3.8% APY
Live Oak Bank pays 3.8% on its savings account — ranking in the top quartile of the 87 banks SwitchWize tracks, where the top available rate is 3.9%. (Updated June 10, 2026.)
The gap, in your dollars
At 3.8%, $25,000 earns $950/yr here versus $975/yr at the field leader — a $25/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 3.8% APY on its savings account as of June 10, 2026, based on rates SwitchWize tracks across 87 banks.
Is Live Oak Bank's savings rate good?▾
Live Oak Bank's 3.8% ranks in the top quartile of tracked banks. The top available rate is 3.9% and the big-bank median is 3%.
Which banks pay more than Live Oak Bank?▾
Higher-paying tracked options include primis, zynlo, everbank. 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.