Offer value details
Axos lists Axos Checking with up to 1.00% APY for qualifying statement cycles, unlimited domestic ATM fee reimbursements, no monthly maintenance fee, no overdraft fees, and no opening deposit requirement.
Qualification requirements
Axos says Axos Checking earns a base 0.00% APY and is eligible for a promotional 1.00% APY in each monthly statement cycle where the account receives qualifying direct deposits totaling at least $1.
Fees and costs
Axos lists no monthly maintenance fee, no minimum opening deposit, no minimum balance, no overdraft fees, and unlimited domestic ATM fee reimbursements for Axos Checking. Other account or service fees can still apply outside the headline checking profile.
Availability
Axos says applicants over 18 may apply for an individual or joint bank account, with account opening subject to identity verification and provider approval.
What to verify
- The promotional APY requires monthly qualifying direct-deposit activity.
- The account earns the base 0.00% APY in statement cycles where the qualification requirement is not met.
- The account must remain open and active when interest is paid; closing during the cycle forfeits that cycle's promotional APY.
- The promotional APY applies specifically to Axos Checking; other Axos checking and savings products are not eligible.
- Axos says the APY is variable and promotional terms can change or be removed without notice.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.