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Diego
Diego (@guest_1998140)
February 4, 2025 17:42

10/28 Opened
10/30 Funded $30,001
1/31 Pulled all but $1
2/04 “Promotional Credit” $400 posted

Davis
Davis (@guest_1997883)
February 4, 2025 13:14

Churn DP:
24/04/18: Opened
24/07/31: Bonus
24/09/06: Closed
24/10/04: Opened
24/10/24: $30K balance
25/01/28: Removed all but a penny (kept it in more than it needed to be for ease)
25/02/04: $400 promotional credit

Still waiting on personal savings account to see if that will come too or if this business bonus preempted that one.

Gadget 🕵️‍♂️ Bank Bonus Geek 🔗
February 4, 2025 13:33

Nobody has received a $300 bonus for the Nov promo, even if they did no other offers.

I received the $200 personal & $400 biz bonuses from October, so no reason to think that you would get preempted. However, until the $300 bonuses start flowing, I understand the skepticism.

I can however see them try and pull the “one bonus per promotional period” and then say the promo periods overlapped on the personal side. I am holding off on any more until the start paying.

Davis
Davis (@guest_1994131)
January 30, 2025 13:49

My bonus is not included in the 1099. Anyone else?

JD
JD (@guest_1996101)
February 2, 2025 14:13

Wasn’t for my previous accounts in 2023 either…

Slickdealer
Slickdealer (@guest_1993876)
January 29, 2025 23:56

10/15/24 – Account opened
10/16/24 – 30K deposit settled
01/28/25 – $400 bonus posted

Novacat05
Novacat05 (@guest_1993609)
January 29, 2025 14:53

10/30 – Brought recently opened account to $30k

No bonus just yet, seems like I just missed the last batch by a couple days. Hopefully it posts next week. Pulling $30k out in a day or two when it will be 92-93 day mark.

Novacat05
Novacat05 (@guest_1998226)
February 4, 2025 19:33

$400 posted today.

Nice that this at least earned something in interest, but 3.8% was nothing fantastic.

Mark E
Mark E (@guest_1993602)
January 29, 2025 14:44

Deposited $30,000 on 10/28 as an existing Business Savings customer.

No bonus yet. Please don’t make me call in.

Ben
Ben (@guest_1993390)
January 29, 2025 09:32

Live Oak $400 Business Savings Bonus

  • 10/4/24 – Account opened online
  • 10/11/24 – $25K posted via ACH push from external bank
  • 10/15/24 – $5K posted via ACH push from external bank
  • 1/28/25 – $400 bonus posted
wilsonhammer
wilsonhammer (@guest_1993111)
January 28, 2025 17:21

deposit $30k on 2024-10-2X. full $400 bonus posted today. crossing my fingers that the personal one posts soon (same funding day)

wilsonhammer
wilsonhammer (@guest_1993195)
January 28, 2025 19:40

welp. I’m a dummy. I moved 50k into the biz account in october and then moved 20k over to the personal account. but that will run afoul of this requirement

> All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify; deposits or transfers originating from an existing Live Oak Bank account (whether personal or business) via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify for bonus offer.

thank goodness it also had a competitive rate for those months. lesson learned.

JD
JD (@guest_1993400)
January 29, 2025 09:52

How soon did you move it over? Some banks like Chase have a short grace period where those funds will still be considered new/external…

wilsonhammer
wilsonhammer (@guest_1993401)
January 29, 2025 09:54
  JD

Immediately. Think it’s worth reaching out?

JD
JD (@guest_1993402)
January 29, 2025 09:55

Definitely, if the bonus is past due.

wilsonhammer
wilsonhammer (@guest_1993565)
January 29, 2025 13:41
  JD

no dice

JD
JD (@guest_1996051)
February 2, 2025 13:09

Ah, sorry…

Gadget 🕵️‍♂️ Bank Bonus Geek 🔗
January 23, 2025 18:03

DP: Business savings bonus did not interfere with Personal savings bonus under same online banking login. ($200 personal savings bonus posted 01-14-25 after $20K funding 10-09-24)

10-15-24 ACH Transfer CFG Community Bank personal acct using Live Oak $30,001
01-21-25 Pulled $30K & interest via Lending Club personal acct leaving $1
01-23-25 Promotional Credit $400.00

Zero contact with CSR’s – always a good day.

Flynn
Flynn (@guest_1981306)
January 8, 2025 12:03

10/5/24 – opened account (existing biz checking). Transferred funds in same day from Marcus. Also opened personal savings bonus same day.
1/7/25 – $200 Promotional Credit. Called in due to not receiving $400 as stated in offer. Rep opened a ticket for back-office and said remaining credit should post in 2-3 biz days.

Flynn
Flynn (@guest_1982279)
January 9, 2025 16:30

And, like the personal savings bonus, an email blast went out on 1/9 saying there was an error and this biz bonus would be corrected to $400. I already saw the bonus transaction was corrected to $400 on 1/8.

Betelgeuse ㊙️
Betelgeuse ㊙️ (@guest_1982943)
January 10, 2025 14:37

Did anyone else receive the bonus? Opened and funded for P2 on 10/8 but no bonus

Betelgeuse ㊙️
Betelgeuse ㊙️ (@guest_1985654)
January 15, 2025 11:29

Update: Bonus posted on 1/14/25.