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Axos Bank High Yield Money Market

in Money Market Accounts from Axos Bank · Member FDIC

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Axos Bank High Yield Money Market

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in Money Market Accounts from Axos Bank · Member FDIC

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Highlights
Highlights
APY (Annual Percentage Yield) 0.9%
APY Minimum Balance $0.01
Minimum Initial Deposit $1,000

Axos Bank High Yield Money Market Review

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

Axos Bank High Yield Money Market FAQ

Are money market accounts from Axos Bank federally insured?

Yes, your Axos Bank money market 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 are the Axos Bank High Yield Money Market rates?

Axos Bank High Yield Money Market Rates and Terms
Rates Amount
APY 0.9%

Axos Bank High Yield Money Market offers an APY of up to 0.9% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $0.01.

What are the Axos Bank High Yield Money Market fees?

Axos Bank High Yield Money Market does not charge a monthly maintenance fee.

Axos Bank High Yield Money Market Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee $5

What is the minimum balance for Axos Bank High Yield Money Market?

Minimum initial deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.

Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.

What features and perks does Axos Bank High Yield Money Market offer?

This account includes the following features:

  • Fraud monitoring - Axos Bank monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - Axos Bank High Yield Money Market allows you to manage your money online.

How to open an account with Axos Bank

  • Visit the Axos Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • 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
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $0
Minimum Initial Deposit $1,000
Monthly Fee $0
NSF Fee $0
Paper Statement Fee $5
Bank Account Features
  • Debit Card
  • Debit Card Lock/Unlock
  • FDIC Member
  • Fraud Monitoring
  • Fraud Protection
  • Mobile Banking
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 0.9%

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