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Axos Bank Rewards Checking Account

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Rating: 4 Stars5.0/5.0 (1 Reviews)
APYUp to 3.30% Image
Min. Deposit $50 Image

Last updated on 2023-03-02

Axos Bank Rewards Checking Account Review

Pros Pros

Convenient online banking

24/7 phone support

Unlimited ATM reimbursements

No monthly fee or minimum balance requirements

Cons Cons

No physical banks

Lower APY if any of conditions not met

Deposit Details Axos Bank Checking Account APY

Interest is compounded daily and credited on a monthly basis

$50 minimum balance to open an account

No monthly minimum balance requirements

No maintenance fees

No overdraft or non-sufficient fund fees

Unlimited domestic ATM fee reimbursements

 

Deposit Interest Rates Axos Bank Checking Account Yield Computation

  Interest Rate
Direct Deposit 0.40% APY
Debit Card 10x or PFM 0.30% APY
Managed Portfolio 1.00% APY
Self Directed Trading 1.00% APY
Loan Payment 0.60% APY
Total 3.30% APY

 

Receive up to 3.30% APY every month on the first $50,000 in your online rewards checking account when you

1. Receive monthly direct deposits totaling $1,500 or more (MUST be met to receive any other interest)

2. Use your Axos Visa Debit Card for a total of 10 transactions per month (min $3 per transaction) or sign up for Account Aggregation / Personal Finance Manager (PFM) in Online Banking

3. Maintain an average daily balance of $2,500 per month in an Axos Invest Managed Portfolios Account

4. Maintain an average daily balance of $2,500 per month in an Axos Invest Self Directed Trading Account

5. Use your Rewards Checking account to make your full monthly Axos Bank consumer loan payment. Mortgage, personal, and auto loans are eligible

 

Click here to go to Axos Bank website for more details

 

About Bank About Axos Bank

Axos Bank is an online bank with no physical branches. Online banking is available via app or website for all customers

Axos Bank Personal Banking can be contacted via online banking secure messaging or 24/7 phone support at 1-888-502-2967

Axos Bank (and all divisions under it) is a member of FDIC which covers the aggregated deposits of a depositor to up to US$250,000

 

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1 Reviews
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