Axos Bank's Overview
Cashback Terms
Cashback earned through Minty on Axos Bank accounts will be held in a pending status until the customer meets the full qualification requirements for the promotional APY bonus. This includes either Option 1 (minimum $1,500 in qualifying direct deposits and $1,500 average daily balance) or Option 2 (minimum $5,000 in qualifying deposits and $5,000 average daily balance) during the Qualification Period. Cashback will be approved and released only after Axos Bank confirms the criteria have been satisfied. If the account fails to meet the promotional requirements, Cashback may be denied or forfeited.
Discover Exciting Savings and Offers with Axos Bank
Axos Bank is more than just a financial institution—it’s your gateway to smarter banking with a wealth of savings opportunities. From innovative checking and savings accounts to attractive promotional rates, Axos Bank stands out as a leader in providing competitive financial products and customer-centric services. Whether you’re looking to maximize your savings potential or explore new ways to manage your finances, Axos Bank has something to offer everyone.
Brand Overview
Founded with a vision to redefine banking, Axos Bank prides itself on offering seamless, tech-driven financial solutions tailored to meet the needs of modern consumers. As a digital bank, Axos eliminates the overhead costs associated with traditional banking, passing these savings directly to customers. This means lower fees, higher interest rates, and more personalized service.
Key Offerings & Features
Axos ONE Checking and Savings Accounts • The Axos ONE Checking account earns a base rate of 0.00% APY • The Axos ONE Savings account earns a base rate of 1.00% APY • Accounts are eligible for promotional APYs during statement cycles where qualification criteria are met • Promotional APY for Checking: 0.51% APY • Promotional APY for Savings: up to 4.66% APY
To qualify for promotional APYs during the Qualification Period (1st through the 25th of the month), the Axos ONE Checking account must meet one of the following:
Option 1: • Receive at least $1,500 in qualifying direct deposits • Maintain an average daily balance of at least $1,500
Option 2: • Receive at least $5,000 in qualifying deposits • Maintain an average daily balance of at least $5,000
Definitions & Terms
• Qualifying direct deposits include paycheck or government benefit deposits (e.g., Social Security)
• Qualifying deposits include ACH from external accounts, inbound wires, and check deposits
• Exclusions: internal transfers, interest payments, promotional bonuses, credits, reversals, and refunds
• Accounts must be open and active on the interest payment date
• Transactions may take one or more business days to post
Innovative Banking Technology
Enjoy 24/7 access through a digital-first experience designed for today’s mobile consumer.
FDIC Insured Accounts
All deposit accounts are FDIC insured up to the legal limit.
Unique Selling Points (USPs)
No Monthly Maintenance Fees Maximize your savings without hidden costs.
Highly Competitive Promotional Rates Earn up to 4.66% APY on Axos ONE Savings with qualifying activity.
Flexible Qualification Options Meet either Option 1 or Option 2 to earn higher interest.
Digital-Only Convenience Skip the lines and bank on your terms with seamless online access.
Diverse Product Portfolio Explore more than Axos ONE—including UFB accounts and Small Business Banking solutions.
** Disclosures:**
The Annual Percentage Yield (APY) is accurate as of MM/DD/YYYY. The base and promotional interest rate and corresponding APY for Axos ONE Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE Savings is variable and is set at our discretion. Axos ONE Savings is a tiered variable rate account. Axos ONE Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.
Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined above.