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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
117,832 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 Apr 2014
L6: Expert
> bubble2 1,540 Posts
212 Reputation
DayaO
01-26-2025 at 05:40 PM.
01-26-2025 at 05:40 PM.
So what s the best out there at the moment? Parking around 50k
Reply
Joined Jan 2005
L3: Novice
> bubble2 184 Posts
69 Reputation
scanchain
01-26-2025 at 06:38 PM.
01-26-2025 at 06:38 PM.
Quote from JollyMustang639 :
I then manually buy SPAXX on a reoccurring basis in the cash management account to go from the FDIC rate to the money market rate.
By the way, you no longer need to do that. Sometime last year, Fidelity added the option for you to choose SPAXX as the sweep for the CMA.
Reply
Joined Nov 2017
L2: Beginner
> bubble2 74 Posts
14 Reputation
crscdo
01-26-2025 at 06:39 PM.
01-26-2025 at 06:39 PM.
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.

Everbank is only 4.30
Reply
Joined Nov 2017
L5: Journeyman
> bubble2 821 Posts
59 Reputation
oharag1
01-27-2025 at 07:53 AM.
01-27-2025 at 07:53 AM.
Quote from scanchain :
By the way, you no longer need to do that. Sometime last year, Fidelity added the option for you to choose SPAXX as the sweep for the CMA.
SPAXX expense ratio of 0.42 seem high.
Reply
Joined Jan 2015
Hobbyist
> bubble2 168 Posts
74 Reputation
Hirox
01-27-2025 at 08:56 AM.
01-27-2025 at 08:56 AM.
Anyone have difficulty getting money out of their Internet savings account? I had a high interest savings account with PNC, but they wouldn't transfer any money to another bank when I needed it. After several calls and excuses, I closed my account and they made it clear that their responsibilities for the money terminated when they dropped the check into the mail, to the custody of the USPS. Totally stressful.
Reply
Joined Jan 2014
L5: Journeyman
> bubble2 922 Posts
143 Reputation
leechungsr
01-27-2025 at 04:34 PM.
01-27-2025 at 04:34 PM.
Alternatively you can pick up WFC-L shares and get over 6% and if it ever gets called (and it probably never will) you get a $100/share bonus kicker minimum.
Reply
Joined Mar 2006
L4: Apprentice
> bubble2 349 Posts
129 Reputation
profx
01-27-2025 at 04:45 PM.
01-27-2025 at 04:45 PM.
Quote from busybugsy :
And if you are with fidelity, FZDXX. Looks like about 0.1% below FZDXX but close enough.

FZDXX is what I do. It's the premium class FWIW, so the investment minimum is $100k. I think FZFXX is the money market and ~0.1% lower.
2
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Last edited by profx January 27, 2025 at 04:47 PM.

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Joined Dec 2007
L10: Grand Master
> bubble2 6,002 Posts
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famewolf
02-11-2025 at 08:18 AM.
02-11-2025 at 08:18 AM.
Quote from rdcrds :
Everbank is 5% yet its not even listed on this site no idea why has better reviews
Everbanks site is showing 4.30%?

Jenius Bank has 4.50% Savings...no hoops to jump through.
Reply
Last edited by famewolf February 11, 2025 at 08:37 AM.
Joined Nov 2019
L2: Beginner
> bubble2 50 Posts
18 Reputation
DRSONGE
02-11-2025 at 10:20 AM.
02-11-2025 at 10:20 AM.
At the bottom of the application page it says: 'It's easy to earn the boosted rates for One Savings (4.86% APY*) and One Checking (0.51% APY*). In your Axos One checking account, receive qualifying monthly direct deposits of at least $1,500 in total by the 25th of each month and maintain an average daily balance of $1,500.'
Reply
Joined Mar 2012
L4: Apprentice
> bubble2 357 Posts
58 Reputation
OhThatsGood
02-11-2025 at 04:07 PM.
02-11-2025 at 04:07 PM.
they claim to get you paid days before with their savings account but i actually end up always getting paid late with this bank.
Reply
Joined Jan 2008
L4: Apprentice
> bubble2 351 Posts
53 Reputation
dirtrat
02-11-2025 at 10:32 PM.
02-11-2025 at 10:32 PM.
It's NEVER a good idea to chase the absolutely highest rate no matter what. Many of these accounts are variable, brokered and callable and have limits and varying degrees of difficulty in getting your money out or transferring money! Stop with the comments that THIS BANK HAS BETTER RATES and do some actual research before making a decision! Some banks are terrible!
1
1
Reply
Joined Mar 2006
Gold Standard
> bubble2 660 Posts
69 Reputation
UltraP
02-12-2025 at 03:44 AM.
02-12-2025 at 03:44 AM.
Quote from profx :
FZDXX is what I do. It's the premium class FWIW, so the investment minimum is $100k. I think FZFXX is the money market and ~0.1% lower.
Hmm, FZDXX has 0.36% expense ratio and yields about 4.13%. SGOV expense ratio is 0.09% and current yield is at 4.4%.
Reply
Joined Dec 2007
L10: Grand Master
> bubble2 6,002 Posts
1,725 Reputation
famewolf
02-12-2025 at 02:48 PM.
02-12-2025 at 02:48 PM.
Quote from rdcrds :
i know they quote posts from ages ago lol

Dude we get it already. You posted a rate back in november. Some of us want to know the CURRENT rates and are offering alternatives. You do not have to reply to ever single person who quotes your post and updates the rate.

The post is showing up on the front page of slickdeals so many people are seeing it for the first time.
Reply
Last edited by famewolf February 12, 2025 at 02:52 PM.
Joined Jan 2024
New User
> bubble2 8 Posts
10 Reputation
radical1911
02-12-2025 at 03:04 PM.
02-12-2025 at 03:04 PM.
I just switched to sofi from USAA . Just seeing this higher rate makes me a little mad.
Reply

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Joined Dec 2009
L9: Master
> bubble2 4,917 Posts
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rdcrds
02-12-2025 at 03:38 PM.
02-12-2025 at 03:38 PM.
Quote from famewolf :
Dude we get it already. You posted a rate back in november. Some of us want to know the CURRENT rates and are offering alternatives. You do not have to reply to ever single person who quotes your post and updates the rate.

The post is showing up on the front page of slickdeals so many people are seeing it for the first time.
you can't google it? easy to find best rates
Reply
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