SuperMoney
  Axos Bank Rewards Checking
Axos Bank Rewards Checking
in Checking Accounts from Axos Bank · Member FDIC
Claimed

Axos Bank Rewards Checking

Claimed
in Checking Accounts from Axos Bank · Member FDIC
SuperMoney Net Recommendation Score +58  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +58, equating to 4.2 on a 5 point rating scale.

+58

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

Cast your vote

Would you recommend Axos Bank Rewards Checking to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Strongly recommended
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.30% - 3.30%
(Verified 08/09/2023)
Monthly Fee $0
(Verified 08/09/2023)
Minimum Balance to Avoid Monthly Fee Starting at $0
Number of Reviews 12

Axos Bank Rewards Checking Review

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

Key Takeaways

  • $300 welcome bonus. Use the promo code SUNNYBUNNY when you apply for a Rewards Checking account by 12/31/23. Then have qualifying direct deposit(s) to earn a $300 welcome bonus!
  • Up to 3.30% annual percentage yield (APY). This account offers an annual percentage yield of up to 3.30%, which is much higher than the average for the checking accounts that we track.
  • Supports joint accounts. This allows two people to have equal authority over the management of an account.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • No ATM fees. Axos Bank Rewards 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 through Axos Bank.

Axos Rewards checking Pros & Cons

Pros Cons
  • Interest bearing account.
  • No monthly maintenance or overdraft fees.
  • No fees at any domestic ATM.
  • Online debit card management.
  • Offers a $100 bonus offer.
  • Joint accounts available.
  • Available in all 50 states.
  • High variable APY.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • Conditions must be met to earn the highest offered APY.
  • Limited customer service.
  • All daily collected balances over $150,000 will not earn interest.
  • Higher than average wire transfer fees.

Axos Rewards checking FAQ

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 Rewards checking offer?

Axos Rewards checking offers an APY starting at 0.30% and ranging up to 3.30% (APY stands for annual percentage yield, rates may change).

Axos Rewards checking Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0.30% - 3.30%

What are the account minimums for Axos Rewards checking?

Axos Rewards checking requires a minimum initial deposit of $50 to open an account.

Axos Bank Rewards Checking Minimums
Description
Minimum Opening Deposit Starting at $50
Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Combined Balance to Avoid Monthly Fee $0
Minimum Direct Deposit to Avoid Monthly Fee Starting at $0
Minimum Balance to Earn APY $0

What fees does Axos Rewards checking charge?

The good news is that this account does not have a monthly Service Charge.

Axos Bank Rewards Checking Fees
Description
Monthly Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 1%
NSF Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Returned Deposit Fee (Domestic) $10
Returned Deposit Fee (International) $10
Stop Payment Fee $10
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $45
Paper Statement Fee $5
Online Bill Pay Fee $0
Debit Card Replacement Fee $5
Early Account Closure $0

Does Axos Rewards checking charge overdraft fees?

No, Axos Rewards checking does not charge overdraft fees.

What features and perks does Axos Rewards checking offer?

This account includes the following features:

  • $300 welcome bonus. Use the promo code SUNNYBUNNY when you apply for a Rewards Checking account by 12/31/23. Then have qualifying direct deposit(s) to earn a $300 welcome bonus!
  • ATM rebates - This account will reimburse you for any domestic ATM fees.
  • Fraud monitoring - Axos Rewards checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Axos Rewards checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Axos Rewards checking?

The customer support email for Axos Rewards checking is contactaxos@axosfs.com.

How do people rate the customer service and user experience of Axos Rewards checking?

Overall, Axos Rewards checking is strongly recommended based on community reviews that rate customer service and user experience.

Axos Bank Rewards Checking Disclosure: To earn up to a $300 bonus, you must be approved for your new Axos Bank Rewards Checking account, fund it within 30 days of account opening, and have qualifying direct deposits that total at least $7,000.00 each calendar month during the first seven (7) calendar months your account is open as well as maintain a minimum average daily balance of $15,000. The minimum balance must be achieved and maintained from September 2023 through March 2024. A cash bonus of up to $300 can be earned in the following manner during the first seven (7) statement cycles. A statement cycle is a calendar month consisting of the days your account was open during that month. A maximum of six (6) payouts of $50 for each calendar month that the Rewards Checking account is receiving the direct deposit and maintain a minimum average daily balance of $15,000 can be earned during the seven (7) statement cycles, and the bonus will be deposited into your Axos Bank Rewards Checking account within 10 business days following the end of the statement cycle in which the direct deposit requirement was met. Your Axos Bank Rewards Checking account must be open and in good standing at the time the bonus is paid to be eligible to receive the bonus, and your Axos Bank Rewards Checking account must remain open for 210 days, or an early closure fee of up to $300 may apply, equal to the amount of the total bonus earned up to $300.
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.

Message From Axos Rewards checking

No matter your needs, we have an account that works for you. Select your match and open an account within minutes. Low fees and ATM rebates are just the beginning. Each checking account also has standard features that make banking more simple and secure.

Earn Up To 1.25% APY with Rewards Checking. Want to know why NerdWallet named us one of the Best High-Interest Checking Accounts of 2020? Easy – zero fees, a convenient mobile app, and an Annual Percentage Yield (APY) that’s higher than most accounts in the market. Start banking smarter today.

 

Other Checking Accounts by Axos Bank

Loading...

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Opening Deposit Starting at $50
Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Combined Balance to Avoid Monthly Fee $0
Minimum Direct Deposit to Avoid Monthly Fee Starting at $0
Minimum Balance to Earn APY $0
Monthly Fee $0
(Verified 08/09/2023)
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 1%
NSF Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Returned Deposit Fee (Domestic) $10
Returned Deposit Fee (International) $10
Stop Payment Fee $10
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $45
Paper Statement Fee $5
Online Bill Pay Fee $0
Debit Card Replacement Fee $5
Early Account Closure $0
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • ATM Reimbursement
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card
  • Joint Accounts
Bonus Offer $300 welcome bonus. Use the promo code SUNNYBUNNY when you apply for a Rewards Checking account by 12/31/23. Then have qualifying direct deposit(s) to earn a $300 welcome bonus!
Signup Bonus $100
APY (Annual Percentage Yield) 0.30% - 3.30%
(Verified 08/09/2023)

Axos Bank Rewards Checking Community Reviews

 

Would you recommend Axos Bank Rewards Checking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +58, equating to 4.2 on a 5 point rating scale.

+58

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

Other Checking Accounts