Axos Bank Rewards Checking has recently increased its annual percentage yield (APY) to 3.30%, making it a highly attractive option for those looking to earn more on their checking account balance. This increase is one of the highest among checking accounts in the market today, and it’s a great opportunity for people to earn extra money without sacrificing access to their funds.
Axos Bank Rewards Checking is a no-fee account that offers a range of features to make banking more simple and secure. One of the standout features of this account is the ability to earn up to 3.30% APY on your balance, which can help you grow your money faster.
In addition to the high APY, Axos Bank Rewards Checking also offers ATM fee rebates, which means that you can use any ATM in the country without worrying about additional fees. This feature alone can save you a significant amount of money over time, especially if you travel frequently or need to withdraw cash from ATMs often.
Another benefit of Axos Bank Rewards Checking is that it supports joint accounts, allowing two people to have equal authority over the management of an account. This feature can be useful for couples or family members who want to share an account and have equal control over their finances.
Moreover, Axos Bank Rewards Checking also comes with bill pay, allowing you to pay your bills to practically anyone in the United States through Axos Bank. This feature can help you simplify your finances and avoid late fees by setting up automatic payments.
Axos Bank Rewards Checking is insured by the Federal Deposit Insurance Corporation (FDIC), which means that your deposits are protected up to $250,000 per person. This insurance is backed by the full faith and credit of the United States government, giving you peace of mind that your money is safe and secure.
If you’re looking for a checking account that offers high APY, no fees, and a range of features to make banking more convenient, Axos Bank Rewards Checking is definitely worth considering. With its recent increase in APY, this account is an attractive option for anyone who wants to earn more on their checking account balance while still having easy access to their funds. However, you do have to jump through some hoops to qualify for the top 3.30% APY. You may find that a savings account or CD account will provide a more straightforward way to earn even higher interest rates.
About Axos Bank
Axos Bank is a digital bank that offers various banking services and products, including checking accounts. It was established in 2000 and is headquartered in San Diego, California. Axos Bank operates as an online-only bank and does not have physical branches, making its services accessible to customers across the United States. The bank’s focus is on using technology to provide a convenient and efficient banking experience for its customers. Axos Bank is FDIC-insured, ensuring that its customers’ deposits are protected up to the maximum limit of $250,000 per person.