AXOS Bank
AXOS Bank
Earn 12.5% return on your deposit when you sign up today!
Highlights
0.20% - 4%
Asset Class Return•1Y
#0 Rank
In Savings•30d
Invest from
$250
$200 bonus when you pair a Self-Directed Trading account with our exclusive Rewards Checking account
Overview
Enjoy the security of traditional savings with the advantage of high interest rates and limited transactions. No fees. No minimum balance requirements. The Axos Bank High Yield Money Market Account means more in your pocket. Earn with the assurance of being FDIC insured.
Things to Know
You make money on
Interest
Fees
0%
Min Investment
$250
Payout frequency
Daily
Term of investment
Zero
Target Return
0.25%
Liquidity
Easy
Open to
All Investors
Mobile Application
iOS, Android
Top Perks
Interest compounded daily
24/7 virtual bank teller for your needs.
Free ATM card upon request
How you make money
Your interest is calculated each day based on your Savings Account balance. Interest on the Savings Account is credited on the first day of the month for the preceding calendar month. The AXOS High Yield Savings Account offers you a variable APY and there’s no minimum balance requirement (just $250 deposit required to open an account).
How AXOS Bank makes money
No fees are charged to users of their High Yield Savings Account. AXOS is a bank so they make money through banking services. On the high interest savings account, they likely invest your cash and earn on the spread of their investment.
Is it safe?
Fingerprints, voiceprints, and facial recognition allow you to have peace of mind. At Axos Bank, your security is their top concern. Boost your account security with biometric authentication – and keep the scammers away. All deposit accounts through Axos Bank are FDIC insured through Axos Bank. All deposit accounts of the same ownership and/or vesting held at Axos Bank are combined and insured.
Established
2000
Country Available
Worldwide
Assets Managed
$10B
Reviews
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