Adheres to 
Reviewed by Sam OneliaAxos Bank is one of America's oldest online banks, founded in 2000 with over $20 billion in assets. Their fee-free structure and competitive savings rates make them a strong choice.
The Axos ONE account offers up to 4.21% APY on savings, and Rewards Checking pays up to 3.30% APY with qualifying activity.
CD rates lag behind competitors at just 0.20% APY, and there are no physical branches. Best for digitally comfortable customers who prioritize high-yield checking and savings.
No monthly maintenance fees on checking or savings accounts
Unlimited domestic ATM fee reimbursements on most checking accounts
Rewards Checking earns up to 3.30% APY with qualifying activity
Throughout my entire phone call, Keith delivered exceptional service. Being a brand new Axos customer, this was my initial time contacting their support team. My expectations weren't particularly high and I honestly wasn't sure I'd even talk to an actual person. I was thrilled to get connected with Keith, who works out of Las Vegas, immediately grasped what I needed and assisted me in tracking down my wire transfer status. He knew his stuff and addressed every question I had. Whenever he wasn't certain about something he admitted it openly, and went the extra mile by contacting the wiring department to obtain accurate details. He clarified the whole process for me and stayed on the line until my wire transfer went through. All in all, Keith's customer service made for an excellent first impression with Axos. I hung up feeling really satisfied. Miranda Chen
Their online message center is basically worthless. Getting any kind of timely response or explanation is just not happening. Customer service over the phone wasn't helpful either, they kept repeating to "wait" because it's been escalated. Zero guidance, zero explanations, zero real help. They were clearly just trying to rush me off the phone and told me to call again in a couple days. Nobody seemed to grasp the problem I was dealing with that Axos' own system caused. Ever since I started the loan they've been absolutely terrible
Based on pricing, support, terms, popularity, and customer reviews.
Axos offers competitive checking rates up to 3.30% APY and savings up to 4.21% APY through Axos ONE. Most accounts have no monthly fees and unlimited ATM reimbursements. CD rates are weak at 0.20% APY.
Axos offers 24/7 phone support at 1-888-502-2967 plus live chat and email. Response times are generally good, though some customers report longer wait times during peak hours.
Axos provides transparent terms with no hidden fees. Account structures are flexible across products. Personal loans range from $7,000-$50,000 at 11.79%-20.84% APR with 1%-2% origination fee.
The popularity score indicates the percentage of customers choosing this company the last 90 days.
Customers appreciate the competitive rates and fee-free accounts. The mobile app rates 4.7 stars on iOS and 4.5 on Android. Some users report frustrations with deposit hold times and app glitches.
The Financer Score is calculated from our editorial ratings across pricing, customer support, terms & flexibility, popularity, and verified customer reviews. Each factor is weighted equally to provide a balanced, unbiased overview.
| month | Score | Change | Trend |
|---|---|---|---|
| Apr 2026 | 83 | -3 | |
| Mar 2026 | 86 | 0 | |
| Feb 2026 | 86 | — |
Axos is one of the oldest digital banks in the United States. Founded in 2000 as Bank of Internet USA, Axos is a fully digital bank that offers a wide range of personal and business banking products and services.
The advantage is that Axos doesn't have the overhead costs of physical branches. This allows them to provide competitive rates and low fees on many of their accounts.
At Financer, all banks go through a thorough research and review process. Here's how we rate Axos:
| Category | Rating |
|---|---|
| Affordability | ⭐⭐⭐⭐⭐ |
| Application process | ⭐⭐⭐⭐ |
| Loan terms | ⭐⭐⭐⭐ |
| CDs profitability | ⭐ |
| High Yield Savings | ⭐⭐⭐⭐⭐ |
| Transparency | ⭐⭐⭐⭐ |
| Customer support | ⭐⭐⭐⭐ |
| Overall | ⭐⭐⭐⭐ |
Axos Bank was originally launched as Bank of Internet USA and rebranded to Axos in 2018. Today, it has grown to over $20.3 billion in assets and serves customers nationwide.
Some key facts about Axos Bank:
Offers personal and business checking, savings, money market, CD, and loan products
No physical branch locations - all banking is done online or via mobile app
Access to over 91,000 free ATMs nationwide
FDIC insured up to $250,000 per depositor
Publicly traded company (NYSE: AX)
Headquartered in San Diego, CA
Axos aims to provide a full-service digital banking experience with competitive rates, low fees, and innovative features. Take a look at the main products and services from Axos Bank:
| Product/Service | Key Features |
|---|---|
| Checking Accounts | Multiple options including Rewards Checking (up to 3.30% APY) and Cashback Checking |
| Savings Accounts | Summit Savings at 3.75% APY, Axos ONE Savings up to 4.21% APY (promotional) |
| Money Market Accounts | Check writing and debit card access, 0.25% APY |
| Certificates of Deposit | Terms from 3 months to 5 years. Up to 0.20% APY |
| Personal Loans | Amounts from $7,000 to $50,000. APR: 11.79% - 20.84% |
| Mortgages | Conventional, FHA, VA, jumbo, and investor loans |
| Home Equity | HELOCs and home equity loans available |
| Auto Refinancing | Competitive rates for refinancing existing auto loans |
| Investing | Managed portfolios (0.24% fee) and self-directed trading ($0 commissions) |
| ATM Access | Unlimited domestic ATM fee reimbursements on most accounts |
| FDIC Insurance | Deposits insured up to $250,000 per depositor |
| Customer Support | 24/7 phone support at 1-888-502-2967 |
One of Axos Bank's standout offerings is their Rewards Checking account, which offers the potential to earn up to 3.30% APY if certain requirements are met each month. They also provide unlimited domestic ATM fee reimbursements on many of their checking accounts.
For savings, the Axos ONE Savings account earns up to 4.21% APY with a promotional rate when you meet qualifying deposit requirements. Their standalone Summit Savings account earns 3.75% APY with no minimum balance needed.
On the lending side, Axos offers personal loans from $7,000 to $50,000 with APRs ranging from 11.79% to 20.84%. They also provide mortgages, auto loans, and home equity products.
Axos Financial offers a wide range of financial products that cover nearly every banking need. Whether you're looking to save, borrow, or invest, Axos has options worth considering. Let's take a closer look at what this digital bank brings to the table.
Axos offers several checking accounts designed to earn you money, not cost you money.
Their star player is the Rewards Checking account. You can earn up to 3.30% APY if you complete qualifying activities each month. That's more than 40 times the national average. Plus, there are no monthly fees, and they'll reimburse you for ATM fees nationwide.
For the cash-back lovers, there's the CashBack Checking account. Earn up to 1% cash back on debit card purchases.
Axos offers multiple savings account options. The Summit Savings account earns 3.75% APY with no minimum balance and no qualifying requirements.
For those willing to bundle checking and savings, the Axos ONE account provides an impressive 4.21% APY (promotional rate) on your savings balance when you meet direct deposit and balance requirements.
If you're the "lock it and leave it" type, Axos has CDs with terms ranging from 3 months to 5 years. However, Axos Bank CD rates lag behind competitors. With a flat 0.20% APY across all terms, you'll want to shop around if CDs are your primary savings vehicle.
Axos' High Yield Money Market account offers check-writing privileges and a debit card, plus a 0.25% APY. It's not the highest rate out there, but it's a solid option if you want easy access to your savings.
Need extra cash? Axos offers personal loans from $7,000 to $50,000 with APRs between 11.79% and 20.84%. They charge an origination fee of 1%-2% and require a minimum credit score of 730.
Axos provides auto loan refinancing with terms up to 96 months (8 years). You can defer your first payment for up to 90 days. Just remember, longer terms mean more interest over time.
Looking to buy a home? Axos has a variety of mortgage options, including conventional loans, jumbo loans, FHA loans, and VA loans. They also offer home equity loans and HELOCs. Axos offers fee discounts for customers who open an Axos checking account.
Axos offers both managed portfolios and self-directed trading through Axos Invest. Their managed portfolios charge a low 0.24% annual advisory fee. Self-directed trading offers commission-free trades on stocks and ETFs.
Let's dive into Axos Bank's interest rates. Remember, these rates can change any time, so always check them. Here's the current scenario:
| Account Type | APY (Annual Percentage Yield) |
|---|---|
| Rewards Checking | Up to 3.30% |
| Axos ONE Savings | Up to 4.21% (promotional) |
| Summit Savings | 3.75% |
| High Yield Money Market | 0.25% |
| Certificates of Deposit | Up to 0.20% |
The standout here is the Axos ONE Savings account with its 4.21% APY promotional rate. That's enough to make your money grow faster than most traditional banks offer. But there's a catch: you need to meet direct deposit and balance requirements with the linked checking account to qualify.
The Rewards Checking account is another strong option, offering up to 3.30% APY. That's significantly higher than the national average for checking accounts. Like the ONE Savings, you need to meet several monthly requirements to earn the top rate.
For a simpler option, the Summit Savings account offers 3.75% APY with no minimum balance and no hoops to jump through.
Axos Bank offers multiple savings options. Their Summit Savings account (which replaced the older High Yield Savings) provides a competitive rate without any minimum balance requirements.
For those willing to bundle checking and savings, the Axos ONE account delivers significantly higher yields.
Let's break down the main options:
Summit Savings APY: 3.75% with no minimum balance
Axos ONE Savings APY: Up to 4.21% (promotional, requires linked checking with qualifying deposits)
Monthly fees: $0 on all savings accounts
The Summit Savings rate of 3.75% APY is competitive with many online banks, and you don't need to jump through hoops to earn it. No minimum balance, no qualifying transactions.
But if you want to maximize your yield, the Axos ONE account is where it gets interesting. This combined checking and savings product offers up to 4.21% APY on savings when you meet direct deposit requirements of at least $1,500 per month and maintain a $1,500 average daily balance in checking.
Here's how Axos savings rates compare to some alternatives:
| Bank | Savings APY |
|---|---|
| Axos Summit Savings | 3.75% |
| Axos ONE Savings (promotional) | Up to 4.21% |
| National Average | 0.41% |
| Top Online Banks | 4.00% - 5.00% |
Axos lands solidly in the middle of the pack for savings rates. The Summit Savings account beats the national average by a wide margin, and the Axos ONE promotional rate competes well with top online banks.
Here's what makes the Axos savings accounts stand out:
No monthly fees: Your money grows without getting nibbled away by charges.
No minimum balance: The Summit Savings account doesn't require you to maintain any minimum balance to earn the full APY.
Daily compounding interest: Your money earns interest every single day, which adds up over time.
To get the 4.21% APY on the Axos ONE Savings account, you need to set up a direct deposit of at least $1,500 per month and maintain an average daily balance of $1,500 in your linked checking account. A higher tier is available at $5,000 in monthly qualifying deposits.
Is an Axos savings account right for you? If you're looking for a straightforward, no-fee savings account with above-average rates, the Summit Savings at 3.75% APY is a solid choice. And if you're willing to bundle checking and savings with the ONE account, you can earn even more.
Okay, now we know all the good (and the few bad) of Axos Bank's accounts. But did you know you can also make investments through the platform? Let's examine Axos Invest services.
We'll analyze their investment offerings to determine if they're a suitable choice for your financial goals.
Axos offers two main flavors of investing:
Managed Portfolios: For those who want a hands-off approach.
Self-Directed Trading: For the DIY investors who like to call their own shots.
Let's break these down.
Think of this as the "set it and forget it" option. Here's the lowdown:
Annual fee: 0.24% (That's $24 for every $10,000 invested)
Minimum investment: $500
Investment types: Exchange-Traded Funds (ETFs)
Axos uses fancy algorithms to create a portfolio based on your goals and risk tolerance. They'll even rebalance it for you.
For those who like to be in the driver's seat:
Stock and ETF trades: $0 commission (That's right, free!)
Options contracts: $1.00 per contract
Mutual funds: $0 per trade for no-load funds
You can trade stocks, ETFs, options, and mutual funds. Plus, they offer real-time market data and research tools to help you make informed decisions.
Now, let's look at the pros and cons of investing with Axos.
Low fees: The 0.24% fee for managed portfolios is lower than many robo-advisors.
No commissions on stock and ETF trades for self-directed accounts.
Integration with Axos Bank accounts: Easy to move money between your bank and investment accounts.
Educational resources: They offer tools and articles to help you learn about investing.
Limited investment options: No access to cryptocurrency or forex trading.
No fractional shares: You have to buy whole shares, which can be limiting for some investors.
Less established: Axos isn’t as well-known in the investing world as some bigger players.
So, is Axos the right place for your investments? It depends on what you're looking for. If you're an Axos Bank customer who wants a simple way to start investing, their platform could be a good fit. The managed portfolios offer a solid, low-cost option for hands-off investors.
For more active traders, the self-directed account offers commission-free trades, which is always nice. But if you're looking for advanced trading tools or a wide range of investment options, you might want to shop around.
Before you dive in, make sure you understand your own financial goals and risk tolerance. And if you're not sure, there's no shame in talking to a financial advisor.
Now that you've read this Axos Bank review, you may have decided to open an account. Let's go through the process step by step. Opening an account with this digital bank is a straightforward procedure that can be completed entirely online.
Choose Your Account
First things first, decide which Axos account fits your financial goals. Whether it’s the high-yield savings, the rewards checking, or the ONE account that’s caught your eye, know what you want before you start.
Gather Your Documents
Assemble the usual – your valid ID (driver’s license or state ID), Social Security number, and a valid U.S. mailing address. If you’re opening a joint account, have this info for all account holders.
Visit the Axos Website
Click here to acess Axos Bank and click on the button “Sign In”, on the top right corner. Then, go for “Account Login”.
Fill Out the Application
There are some fields to be filled about your personal information, such as Name, Date of Birth and Social Security Number. When done, click in Next.
Verify Your Identity
Axos will need to confirm you are who you say you are. They might ask some security questions or request additional documentation.
Set Up Online Access
Once your account is approved, you’ll receive instructions to set up your online banking credentials. Remembert to choose a strong password.
Welcome to Online Banking
Congratulations! You’re now an Axos banker. Explore your account features, set up direct deposit if you want, and start enjoying those sweet, sweet high-yield savings rates.
Remember, Axos offers 24/7 customer support, so if you get stuck at any point, help is just a phone call away.
In today's fast-paced world, your bank should move as quickly as you do. That's why Axos Bank Mobile App is so important. Let's take a closer look at this digital dynamo.
First of all, look at what real clients think about it.
App Store Rating: 4.7 out of 5 stars (based on 13,700+ ratings)
Google Play Rating: 4.5 out of 5 stars (based on 6,200+ ratings)
Now, let's break down what makes this app tick:
All-In-One Dashboard: View all your Axos accounts in one place.
Mobile Check Deposit: Deposit checks by snapping a photo.
Bill Pay: Pay bills directly from the app.
Money Transfers: Move money between accounts or send to friends in an instant.
Credit Score Monitoring: Keep an eye on your credit score for free.
Budgeting Tools: Track your spending and set financial goals.
Easy Investing: Investments are a click away.
Axos takes your security seriously. They've also packed this app with a lot ot protective features. Check out:
Biometric Authentication: Use your fingerprint or face to log in.
Two-Factor Authentication: An extra layer of security to keep the bad guys out.
Instant Card Lock: Misplace your card? Lock it instantly from the app.
Encryption: All your data is encrypted. Even if someone intercepts it, all they'll see is gibberish.
Now, let's weigh the pros and cons of Axos Bank Mobile App.
User-friendly interface
Comprehensive account management
Free credit score monitoring
Robust security features
24/7 customer support via chat
Some Android users report occasional glitches
Doesn’t support Zelle for peer-to-peer payments
Limited customization options
Some features may require desktop access
The Axos Bank Mobile App isn't just a nice-to-have - it's a powerful tool for managing your personal finances. It's like having a branch, an ATM, and a financial advisor all rolled into one sleek package that fits in your pocket.
We've covered a lot of ground about Axos Bank, from their high-yield savings accounts to their mobile app. But what happens when you need a helping hand? Let's dive into Axos Bank's support options. After all, even the most tech-savvy among us sometimes need to talk to a real human.
Axos Bank takes the cake when it comes to round-the-clock support. Their phone lines are open 24/7, which is really rare.
Phone number: 1-888-502-2967
Axos Bank's website features a live chat option with their virtual assistant, Evo. It's available 24/7 and can handle basic queries.
If Evo can't solve your problem, it'll connect you to a human agent.
Axos Financial maintains active profiles on major social media platforms, such as Facebook, Instagram, LinkedIn and X. While they don't recommend sharing sensitive info here, it's a great place for general queries and to stay updated on Axos news.
While not prominently advertised, Axos does offer email support at customerservice@axosbank.com. It's not the fastest option, but it's there if you need it.
Customer reviews about Axos support are mixed. Many praise the 24/7 availability and knowledgeable staff. However, some customers report long wait times during peak hours.
Overall, Axos Financial offers a robust set of support options. The 24/7 availability is a standout feature, especially for night owls and international customers. While there's always room for improvement, Axos seems committed to helping customers whenever and however they need it.
Financer also receives reviews and feedback about financial companies. Let's examine what our users are saying about Axos Bank:
Financer users have reported highly positive experiences with Axos Bank. Many customers commend Axos for its innovative approach to banking, particularly highlighting the seamless online experience and user-friendly mobile app.
Alright, in this Axos Bank review we've taken a deep dive into the world of Axos Financial. We've looked at their accounts, checked out their mobile app, and explored their customer support options. Now comes the important question: Is Axos Bank the right fit for you?
For most people, the answer is yes. But there are a few situations where Axos might not be the best choice:
You prefer face-to-face banking: Axos is online-only, so if you like chatting with a teller, this isn't your jam.
You need to deposit cash frequently: While possible, it's not as convenient as with traditional banks.
You're after the absolute highest CD rates: Axos Bank CDs rates aren't competitive compared to some other online banks.
If you're not in any of those places, there's a high chance Axos is the best choice for you.
Remember, at the end of the day, the best bank for you is the one that helps you reach your financial goals while fitting seamlessly into your life. Happy banking!
Is Axos Bank Safe and FDIC Insured?
Yes, Axos Bank is FDIC insured (FDIC #35546), providing protection for up to $250,000 per depositor, per ownership category.
Axos employs robust security measures, including 128-bit SSL encryption and multi-factor authentication. With over 20 years of operation and more than $20 billion in assets, Axos has established itself as a reputable and legitimate online bank.
How Do I Open an Axos Bank Account?Opening an Axos Bank account is a straightforward online process that typically takes 5-10 minutes. You'll need a valid government ID, Social Security number, and a way to fund the account.
Axos offers checking, savings, CDs, and money market accounts. Many accounts have no minimum opening deposit requirement.
What Are The Pros And Cons Of Banking With Axos?Axos Bank offers several advantages: savings rates up to 4.21% APY through the Axos ONE account, no monthly maintenance fees on most accounts, unlimited domestic ATM fee reimbursements, and 24/7 phone support.
On the downside, Axos has no physical branches, CD rates are low at 0.20% APY, and earning the top checking and savings rates requires meeting specific deposit and balance requirements.
What Fees Does Axos Charge For Their Banking Services?Axos Bank is known for its low-fee structure. Most accounts, including checking and savings, have no monthly maintenance fees, no overdraft fees, and no minimum balance requirements.
Some fees do apply: $35 for outgoing domestic wires, $45 for international wires, and early withdrawal penalties on CDs. Axos offers unlimited domestic ATM fee reimbursements on most checking accounts.
What Types Of Loans Does Axos Bank Offer?Axos Bank offers personal loans from $7,000 to $50,000 with APRs ranging from 11.79% to 20.84% and an origination fee of 1%-2%. They also offer mortgages (conventional, FHA, VA, jumbo), home equity loans and HELOCs, auto refinancing, and commercial real estate loans.
Personal loans require a minimum credit score of 730, with terms from 2 to 5 years and funds typically deposited within two business days.
How Does Axos Mobile Banking App Work?The Axos mobile banking app, available for iOS and Android, lets you check balances, transfer funds, deposit checks via photo, pay bills, and monitor your credit score for free.
The app uses biometric authentication and two-factor authentication for security. It currently holds a 4.7-star rating on the App Store and 4.5 stars on Google Play.
Can I Use Zelle with Axos Bank?No, Axos Bank does not currently support Zelle for peer-to-peer payments. Instead, Axos offers its own "Axos Pay It Now" feature for sending money to other people.
You can also use third-party payment apps like Venmo or PayPal with your Axos debit card or linked bank account.
Is Axos Bank in Trouble?No, Axos Bank is not in financial trouble. It is a publicly traded company (NYSE: AX) with over $20 billion in assets and is fully FDIC insured. The bank has been operating since 2000 and continues to grow.
Axos Financial, the parent company, reports its financial results quarterly. You can check their current financial health through SEC filings and their investor relations page.
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