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Axos One: Earn Up to 4.66% APY on Savings and 0.51% APY on Checking with Qualifying Requirements

+19 Deal Score
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Axos is offering up to 4.66% APY on savings, and 0.51% APY on checking when you meet requirements with Axos One.

Offer Requirements:
  • Option 1
    • Your Axos ONE Checking account has received qualifying direct deposits of at least $1,500 in total.
    • The average daily balance of your Axos ONE Checking account is greater than $1,500.
  • Option 2
    • Your Axos ONE Checking account has received qualifying deposits of at least $5,000 in total.
    • The average daily balance of your Axos ONE Checking account is greater than $5,000.

If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:
  • The Axos ONE Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.
  • The Axos ONE Savings account will earn a promotional rate of up to 4.66% APY for the statement cycle in which the requirements are met.

Details:
  • Earn up to 4.66% APY on savings, and 0.51% APY on checking when you meet requirements.
  • Get your money up to 2 days early. You've earned it, so start earning on it.
  • No monthly maintenance, minimum balance, account opening, or overdraft fees.
  • We've got you covered. Access expanded FDIC Insurance for up to $250 million.
  • Access a network of over 95,000 fee-free ATMs.
  • Manage all your bank accounts from one place in the Axos app.
  • Link external accounts in the app to move your money seamlessly.



*The Annual Percentage Yield (APY) is accurate as of 1/30/2025. The base and promotional interest rate and corresponding APY for Axos ONE Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE Savings is variable and is set at our discretion. Axos ONE Savings is a tiered variable rate account. Axos ONE Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.

The Qualification Period is from the 1st of the month through the 25th of the month. Any qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period.
A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. Other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.) or person-to-person payments are not considered a direct deposit.

Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder's Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.

Both accounts must be in an open and active status on the date the interest is paid to receive the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.


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+19
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Dec 2009
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> bubble2 4,915 Posts
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rdcrds
11-06-2024 at 10:48 AM.
11-06-2024 at 10:48 AM.
Everbank is 5% yet its not even listed on this site no idea why has better reviews
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Joined Jan 2024
Typing Cat
> bubble2 2,154 Posts
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WolfTheCat
11-06-2024 at 03:50 PM.

Our community has rated this post as helpful. If you agree, why not thank WolfTheCat

11-06-2024 at 03:50 PM.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews

It wasn't posted for two reasons.

First, no Slickdeals user has posted it. That's one way for a post to happen.

Second, the company hasn't paid for advertising. That's another way for a post to exist.

If neither of those happen, no post.
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Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
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rdcrds
11-06-2024 at 05:40 PM.
11-06-2024 at 05:40 PM.
Ahh sounds like a bank to use. It seems the ones that get posted on here and pay i guess seem to pump then drop rates hoping people will not see they lowered rates.
Quote from WolfTheCat :
It wasn't posted for two reasons.

First, no Slickdeals user has posted it. That's one way for a post to happen.

Second, the company hasn't paid for advertising. That's another way for a post to exist.

If neither of those happen, no post.
1
Reply
Joined Jul 2024
New User
> bubble2 12 Posts
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scigenumab
11-06-2024 at 06:52 PM.

Our community has rated this post as helpful. If you agree, why not thank scigenumab

11-06-2024 at 06:52 PM.
I am done chasing these. I just do swvxx, vanguard settlement fund, or other similar money market funds. They pay near the top of any bank and the rates float with the bond market rather than a bank's customer acquisition plans.
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Joined Feb 2011
Slick Deez Nuts
> bubble2 524 Posts
80 Reputation
goredsox415
11-15-2024 at 03:39 PM.
11-15-2024 at 03:39 PM.
Quote from rdcrds :
Ahh sounds like a bank to use. It seems the ones that get posted on here and pay i guess seem to pump then drop rates hoping people will not see they lowered rates.

Happened to me with UFB Direct bank. Opened and within 3 months, rate dropped from 5.0% to 4.3%.
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Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
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rdcrds
11-15-2024 at 04:13 PM.
11-15-2024 at 04:13 PM.
Quote from goredsox415 :
Happened to me with UFB Direct bank. Opened and within 3 months, rate dropped from 5.0% to 4.3%.
UFB is the worst they dropped huge more then the rate cuts
Reply
Joined May 2022
L6: Expert
> bubble2 1,529 Posts
90 Reputation
1453191819231991
11-15-2024 at 11:08 PM.
11-15-2024 at 11:08 PM.
Arent you losing on interest by being forced to keep at least $1500 in checking account?
Reply

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Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
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rdcrds
11-15-2024 at 11:15 PM.
11-15-2024 at 11:15 PM.
Quote from 1453191819231991 :
Arent you losing on interest by being forced to keep at least $1500 in checking account?
I have no use for keeping 1500 in another account in fact i need to close a few i did for the bank bonus last year but yes you would lose the full interest on the 1500 and only get the checking part. I guess this is for people who need a checking account.
Reply
Joined Aug 2012
L3: Novice
> bubble2 120 Posts
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GUCCI_DOESIT
11-16-2024 at 01:27 PM.
11-16-2024 at 01:27 PM.
Quote from goredsox415 :
Happened to me with UFB Direct bank. Opened and within 3 months, rate dropped from 5.0% to 4.3%.

Me too
1
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Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
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rdcrds
11-16-2024 at 04:04 PM.
11-16-2024 at 04:04 PM.
Quote from GUCCI_DOESIT :
Me too
It dropped from even more then 5% it dropped from 5.25 then 5 then all the way to 4.3 i have no idea who UFB thinks they're but they suckered loads of us on here. I know 900K that got moved out and more people waiting till the end of the month. I hope UFB rots but i guess too many are either not looking or do not care. I have 19k left in UFB and at the end of the month i might close it down but waiting to see what my much higher accounts do.
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Joined Dec 2009
Pseudo deal hunter
> bubble2 481 Posts
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Mr_Man
11-17-2024 at 08:55 AM.
11-17-2024 at 08:55 AM.
Quote from rdcrds :
Ahh sounds like a bank to use. It seems the ones that get posted on here and pay i guess seem to pump then drop rates hoping people will not see they lowered rates.

Anybody who already cares about APY yield will be checking it like a hawk. Considering how easy it is to switch it really just is that, pull your money out and move it elsewhere.
1
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Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
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rdcrds
11-17-2024 at 12:19 PM.
11-17-2024 at 12:19 PM.
Quote from Mr_Man :
Anybody who already cares about APY yield will be checking it like a hawk. Considering how easy it is to switch it really just is that, pull your money out and move it elsewhere.
You would be shocked at how many do not see till a few months later
Reply
Joined Sep 2016
New User
> bubble2 14 Posts
14 Reputation
cdub2466
11-17-2024 at 03:27 PM.
11-17-2024 at 03:27 PM.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews

They are actually at 4.75% HYS at the moment.
Reply
Joined Dec 2009
L9: Master
> bubble2 4,915 Posts
506 Reputation
rdcrds
11-17-2024 at 05:04 PM.
11-17-2024 at 05:04 PM.
Quote from cdub2466 :
They are actually at 4.75% HYS at the moment.
Rates drop i am glad i did not put any money in but when the fed drops rates by .25 most banks drop that as well. So like i can go over every thread and quote peoples rate posts lol everyone drops and i knew Everbank did but i was not coming back to a old post of mine and correct it lol
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