Offer value details
Axos lists Axos ONE as a checking and savings bundle with up to 4.21% APY on savings and 0.51% APY on checking when the listed requirements are met.
Qualification requirements
To receive the promotional APY on both accounts, Axos says Axos ONE Checking must meet either Option 1 or Option 2 during the qualification period: at least $1,500 in total monthly qualifying direct deposits and a $1,500 average daily balance, or at least $5,000 in total monthly qualifying deposits and a $5,000 average daily balance. The qualification period runs from the first business day through the 25th; later qualifying deposits count toward the next period.
Fees and costs
Axos lists no monthly maintenance fees, no minimum balance requirements, and no overdraft fees for Axos ONE, but users should review deposit account disclosures and service fees before opening.
Availability
Axos Bank is an online bank, and account opening is subject to identity verification and provider approval.
What to verify
- The highest APY requires recurring monthly qualification activity.
- Savings APY tiers decline on balances above the listed lower tiers.
- The qualification period runs from the first business day through the 25th; later qualifying deposits count toward the next period.
- Option 1 direct deposits and Option 2 qualifying deposits use different inclusion and exclusion rules.
- Both accounts must remain open and active on the 25th and when interest is paid; closing either account removes the promotional APY from both for that cycle.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.