Axos Bank Cashback Checking Review

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

• 0% APY. As with most checking accounts, Axos Bank Cashback Checking does not pay interest.
• $0 monthly fee. This account does not charge a monthly maintenance fee.
• $50 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• No ATM fees. Axos Bank Cashback Checking does not charge fees on ATM transactions.
• ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
• Free bill pay. Pay your bills to practically anyone in the United States through Axos Bank.
• Hard credit pull. Axos Bank may require a hard pull on your credit report to open a checking account.

Are checking accounts from Axos Bank federally insured?

Yes, your Axos Bank checking accounts are insured up to $250,000 per person 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 Cashback Checking offer?

Axos Bank Cashback Checking is not an interest-bearing account.

What are the account minimums for Axos Bank Cashback Checking?

Axos Bank Cashback Checking requires a minimum initial deposit of $50 to open an account.

What fees does Axos Bank Cashback Checking charge?

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

What features and perks does Axos Bank Cashback Checking offer?

This account includes the following features:

• ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
• Fraud monitoring - Axos Bank Cashback 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 Cashback 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.