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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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Created 11-06-2024 at 10:36 AM by EfficientGame645
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Deal
Score
+19
117,128 Views
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.

149 Comments

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Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
11-26-2024 at 11:12 PM.
11-26-2024 at 11:12 PM.
Quote from johng333 :
And yet you came back to defend it.... hmm
4.75 is not bad as only a few banks are at 5% even lending club which you must deposit money in each month dropped to 4.75. If you can fine 5 or 4.75 that's good but i even said glad i did not put any money in. But all banks are different some like UFB go overboard with rate drops while some of the others drop just a little. Anyway no point as this one is worse. You get 4.86 if you keep 1500 in checking and deposit that each month so this deal for me is a hard pass
Reply
Joined Dec 2010
L3: Novice
> bubble2 124 Posts
20 Reputation
Schwinn04
11-28-2024 at 02:08 AM.
11-28-2024 at 02:08 AM.
Some good alternative options listed here….

Axos F'd my credit score over their mistake, they eventually fixed it but it was a giant PITA
Reply
Joined Jun 2006
L9: Master
> bubble2 4,597 Posts
922 Reputation
chuckd
11-28-2024 at 03:52 PM.
11-28-2024 at 03:52 PM.
1,500 is a rounding error, who cares about keeping that much in a checking account if you are getting nearly 5% on 250k in the savings account?
1
Reply
Joined Nov 2007
L2: Beginner
> bubble2 44 Posts
10 Reputation
hackztor
11-29-2024 at 10:07 AM.
11-29-2024 at 10:07 AM.
Quote from rdcrds :
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.
arent the transfer limits out 30k day/60k month for UfBDirect? Cant move that much out that fast.
Reply
Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
11-29-2024 at 10:12 AM.
11-29-2024 at 10:12 AM.
Quote from hackztor :
arent the transfer limits out 30k day/60k month for UfBDirect? Cant move that much out that fast.
I had took some out to fund another bank but i only have 19k in there i can close it in a hot second but ill wait for the 1st of the month to get full interest before i close it out but right now i have my capital one which only pays 3.90 to move first before the 4.31 UFB
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Joined Jul 2006
L2: Beginner
> bubble2 44 Posts
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welcometushar
11-29-2024 at 04:20 PM.
11-29-2024 at 04:20 PM.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews

It's 4.75% Not 5% apy, just checked on their site.
3
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Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
11-29-2024 at 04:58 PM.
11-29-2024 at 04:58 PM.
Quote from welcometushar :
It's 4.75% Not 5% apy, just checked on their site.
how long ago did i post that? lol are we going back to old posts as rates move just wow lol
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Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
11-29-2024 at 04:58 PM.
11-29-2024 at 04:58 PM.
I posted this almost a month ago every bank has dropped since them more then others.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews
1
Reply
Joined Mar 2005
L6: Expert
> bubble2 1,406 Posts
228 Reputation
MrHaney
11-30-2024 at 05:32 AM.
11-30-2024 at 05:32 AM.
Here's what I found today for a search for savings account interest rates. Anybody would like to comment, I would like to hear your opinions.
Pibank 5.5%, NewTek Bank 5.25%,

7 Banks with 5% below:
Varo
Ivy Bank
Lending Club
Fitness Bank
Blue Federal Credit Union
Service Credit Union
Mph
Poppy Bank
I show Everbank at 4.75%

COMMENTS?
1
Reply
Last edited by MrHaney November 30, 2024 at 05:50 AM.
Joined Jan 2018
L2: Beginner
> bubble2 25 Posts
18 Reputation
steve1jobs
11-30-2024 at 07:28 PM.
11-30-2024 at 07:28 PM.
Quote from goredsox415 :
Happened to me with UFB Direct bank. Opened and within 3 months, rate dropped from 5.0% to 4.3%.

Small bank in Salem Oregon did this to me. Opened at 4% and then within 4 months it's close to 1%. It's a specialized account and they brought the rate down to just above the next highest competitor. Wonder if I'm their only customer for this type of account...
1
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Joined Nov 2016
L3: Novice
> bubble2 168 Posts
21 Reputation
dhanushshai
12-01-2024 at 07:51 AM.
12-01-2024 at 07:51 AM.
Any comments on pibank experience
Reply
Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
12-01-2024 at 12:27 PM.
12-01-2024 at 12:27 PM.
Quote from dhanushshai :
Any comments on pibank experience
https://www.depositaccounts.com/b...ibank.html

just read the reviews and decide
2
Reply
Joined Dec 2015
L1: Learner
> bubble2 11 Posts
60 Reputation
roophz
12-03-2024 at 05:42 PM.
12-03-2024 at 05:42 PM.
I have pi bank. They reduced their rates to 5% last week. Nothing special Smilie
Reply
Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
12-03-2024 at 06:53 PM.
12-03-2024 at 06:53 PM.
Well the fed is fixed and will drop again this month so expect those to drop .25 more so the 4.75s to 4.50 and the 5.0 to 4.75. The fed does not care about savings accounts. No idea where ill try to get 5% when they drop to below 4%
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Joined Nov 2018
L3: Novice
> bubble2 195 Posts
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AviSTEM
12-04-2024 at 08:22 AM.
12-04-2024 at 08:22 AM.
Would not reccomend. I signed up met all their requirements and they haven't honored the offer. Making it very difficult to work it out with them
1
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