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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.


Slickdeals may be compensated by Axos
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Created 11-06-2024 at 10:36 AM by EfficientGame645
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Deal
Score
+19
117,113 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 Nov 2016
New User
> bubble2 1 Posts
10 Reputation
tiffrnwhitney1
01-10-2025 at 12:14 PM.
01-10-2025 at 12:14 PM.
Quote from Miff :
Anyone use LendingClub? Their review seem decent, and only need $250 DD per month to get the 4.75%. I'm currently on MyBankingDirect at 4.55%, not awful but looking around for something possibly better.
I use Lending Club. They just lowered my rate to 4.50%, yesterday. I haven't had issues with my account and the app is easy to use, so I'm just going to leave my money there for a bit.
Reply
Joined Jul 2013
L3: Novice
> bubble2 137 Posts
132 Reputation
arcone
01-10-2025 at 02:23 PM.
01-10-2025 at 02:23 PM.
OpenBank also has good rates and is backed by Santander.
Reply
Joined Jun 2005
L3: Novice
> bubble2 129 Posts
30 Reputation
sofakinglame
01-24-2025 at 07:23 PM.
01-24-2025 at 07:23 PM.
Quote from Miff :
Anyone use LendingClub? Their review seem decent, and only need $250 DD per month to get the 4.75%. I'm currently on MyBankingDirect at 4.55%, not awful but looking around for something possibly better.

We have been with them for a couple years. No issues, but we only park money in their hysa. So, minimal usage except for deposits, but no issues.
Reply
Joined Jan 2024
L2: Beginner
> bubble2 28 Posts
10 Reputation
RelaxedMountain6845
01-24-2025 at 07:32 PM.
01-24-2025 at 07:32 PM.
Quote from cdub2466 :
They are actually at 4.75% HYS at the moment.

Which ones?
Reply
Joined Nov 2010
Alternative Fact
> bubble2 6,908 Posts
5,462 Reputation
MusicShark
01-24-2025 at 07:45 PM.
01-24-2025 at 07:45 PM.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews
Link to sign up?
Reply
Joined Jun 2007
L3: Novice
> bubble2 194 Posts
14 Reputation
merky
01-24-2025 at 10:03 PM.
01-24-2025 at 10:03 PM.
Ready to switch, Sofi has been dropping their rates from 5% gor last yr
Reply
Joined Jun 2009
L7: Teacher
> bubble2 2,197 Posts
707 Reputation
tyrantt23
01-25-2025 at 12:40 AM.
01-25-2025 at 12:40 AM.
Quote from scigenumab :
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.
This post just took me on a rabbit hole of searching what SWVXX is. Still don't know 100% but I'm intrigued.

I'd been thinking of opening a hys account but maybe SWVXX is the way to go,
Reply

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Joined Nov 2023
L4: Apprentice
> bubble2 432 Posts
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DelightfulCrow1116
01-25-2025 at 07:00 AM.
01-25-2025 at 07:00 AM.
lots of people here complaining about rates dropping from what they signed up for... Why not just open a CD account where the rates are guaranteed and the terms meet your needs?
1
Reply
Last edited by DelightfulCrow1116 January 25, 2025 at 07:08 AM.
Joined Nov 2023
L4: Apprentice
> bubble2 432 Posts
96 Reputation
DelightfulCrow1116
01-25-2025 at 07:04 AM.
01-25-2025 at 07:04 AM.
Quote from rdcrds :
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%

I read they wont drop until March
Reply
Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
506 Reputation
rdcrds
01-25-2025 at 11:15 AM.
01-25-2025 at 11:15 AM.
Quote from DelightfulCrow1116 :
I read they wont drop until March
They did drop lol. That post was last year in DEC and they did drop. Now they may skip a beat but Trump is already wanting to control rates and have them much lower. So we shall see going forward but the post you quoted is almost 2 months old
Reply
Joined Nov 2023
L4: Apprentice
> bubble2 432 Posts
96 Reputation
DelightfulCrow1116
01-25-2025 at 11:43 AM.
01-25-2025 at 11:43 AM.
Quote from rdcrds :
They did drop lol. That post was last year in DEC and they did drop. Now they may skip a beat but Trump is already wanting to control rates and have them much lower. So we shall see going forward but the post you quoted is almost 2 months old

No i meant the NEXT drop will be in March.
Reply
Joined Feb 2021
New User
> bubble2 35 Posts
10 Reputation
MellowSardine2116
01-25-2025 at 11:44 AM.
01-25-2025 at 11:44 AM.
I've been pretty happy with CIT. They have improved their app and browser a ton. I'm still at 4.25%.
Reply
Joined Sep 2018
L1: Learner
> bubble2 265 Posts
34 Reputation
magiccdeal123
01-25-2025 at 12:06 PM.
01-25-2025 at 12:06 PM.
Quote from scigenumab :
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.

Can you please share some more details on this?
Reply
Joined Nov 2010
Alternative Fact
> bubble2 6,908 Posts
5,462 Reputation
MusicShark
01-25-2025 at 04:45 PM.
01-25-2025 at 04:45 PM.
Quote from DelightfulCrow1116 :
lots of people here complaining about rates dropping from what they signed up for... Why not just open a CD account where the rates are guaranteed and the terms meet your needs?
Because cd isn't safe?
1
3
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Joined Feb 2005
L5: Journeyman
> bubble2 895 Posts
336 Reputation
bobbypolo
01-25-2025 at 05:31 PM.
01-25-2025 at 05:31 PM.
Quote from MusicShark :
Because cd isn't safe?
How are they not? They're FDIC insured.
Reply
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