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Last Updated: 05/11/2026

Axos Bank Basic Business Checking

from Axos Bank

Last Updated: 05/11/2026

Axos Bank Basic Business Checking logo
Strongly recommended7 total votes
7 users recommend

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Highlights

Community Rating

Strongly recommended

Monthly Service Fee

$0(Verified 10/10/2025)
Disclaimer popup with additional information

ATM Fee: Out-of-Network (within the U.S.)

Starting at $0

Minimum Average Balance to Avoid Monthly Service Fee

Starting at $0

APY (Annual Percentage Yield)

0%(Verified 10/10/2025)
Disclaimer popup with additional information

Number of Reviews

7

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Axos Bank Basic Business Checking Review

Axos Bank Basic Business Checking is offered by Axos Bank, a bank founded in 2000 and based in San Diego, CA. Axos Bank Basic Business Checking is available in 50 states and Washington, DC.

Key Takeaways

  • Business owners get up to $400 welcome bonus!*. Open a business checking account by September 30th and get up to $400 when you use promo code NEW400 on your application.*
  • 0% APY. As with most checking accounts, Axos Bank Basic Business Checking does not pay interest.
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • $1,000 minimum opening deposit. This is a typical minimum initial deposit.
  • No ATM fees. Axos Bank Basic Business Checking does not charge fees on ATM transactions .
  • ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
  • Bill pay. Pay your bills to practically anyone in the United States when you enroll in Axos Bank mobile or online banking.

Axos Bank Basic Business Checking Pros & Cons

Axos Bank Basic Business Checking FAQ

Are business checking accounts from Axos Bank federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC #35546). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Axos Bank Basic Business Checking offer?

Axos Bank Basic Business Checking is not an interest-bearing account.

What are the account minimums for Axos Bank Basic Business Checking?

Axos Bank Basic Business Checking requires a minimum initial deposit of $1,000 to open an account.

What fees does Axos Bank Basic Business Checking charge?

The good news is that this account does not have a monthly service charge.

What features and perks does Axos Bank Basic Business Checking offer?

This account includes the following features:
  • Business owners get up to $400 welcome bonus!*. Open a business checking account by September 30th and get up to $400 when you use promo code NEW400 on your application.*
  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • Fraud monitoring - Axos Bank Basic Business Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Axos Bank Basic Business Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Axos Bank Basic Business Checking logo

Message from Axos Bank Basic Business Checking

Basic Business Checking Designed for the busy business owner. Crafted for the busy business owner with modest checking needs. No monthly maintenance fees, a low minimum deposit requirement, and unlimited domestic ATM fee reimbursements. Access your money anytime, anywhere.

Contact

Headquarters

4350 La Jolla Village Drive
Suite 140
San Diego, CA 92122
Visit Site
Email Support

Hours of Operation

Sunday
12:00AM - 12:00AM
Monday
12:00AM - 12:00AM
Tuesday
12:00AM - 12:00AM
Wednesday
12:00AM - 12:00AM
Thursday
12:00AM - 12:00AM
Friday
12:00AM - 12:00AM
Saturday
12:00AM - 12:00AM

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Monthly Service Fee

$0 - $10
Disclaimer popup with additional information

ATM Fee: Out-of-Network (within the U.S.)

Starting at $0

Minimum Average Balance to Avoid Monthly Service Fee

Starting at $5K

APY (Annual Percentage Yield)

Up to 1.01%
Visit Site

SuperMoney Net Recommendation Score

SuperMoney users strongly recommend this product, giving it a user recommendation score of +100, or 5 on a 5-point rating scale.

+100

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Axos Bank Basic Business Checking Community Reviews

Would you recommend Axos Bank Basic Business Checking to your friends?

SW

Steve W.

Apr 4, 2023

May or may not recommend

Yes it’s one of the best bank and I would love to join the bank

Damilare avatar image

Damilare

Jun 11, 2022

May or may not recommend

Personally like this because the account offers features that appeals to small business owners. This checking account pays no interest and carries no monthly maintenance fee or minimum balance requirement. I highly recommend.

VJ

Victoria J.

Apr 29, 2022

May or may not recommend

Axos Basic Business Checking is a top choice, especially if you’re looking for a simple business checking account. The account doesn’t come with some of the extra features offered by other banks, but it also doesn’t carry a monthly maintenance fee.

IG

Ian G.

Feb 22, 2022

May or may not recommend

This is a fantastic business account. There are no fees for out of network ATMs, no fees for low balances, no minimum balances, etc. This is a great account for a small business. The negatives are that there is no bonus rewards, but these come at a cost when you have a low balance or fluctuating deposits to the account.

OA

Omolola A.

Jan 5, 2022

May or may not recommend

Axos Bank is a lifesaver. As a rookie to a business checking account, I couldn’t help but to try my luck with the Axos Bank Basic Business Checking Account. Fortunately, the bank does not let me down. Unlike others, the checking account does not require any monthly charges, ATM fees, to mention a few. Just try it, and thank me later!

YG

Yolanda G.

Jul 23, 2021

May or may not recommend

I'm going to find out on my own, so here goes better than nothing

NV

Neha V.

Jul 18, 2021

May or may not recommend

My dad has this account because he has time only on the weekends and this bank is open all 7 days(yes, you heard it right). Also there is no additional fee for incoming international money, which is so amazing.

Showing 7 of 7 reviews

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