Axos Bank

Overview / Commentary
4350 La Jolla Village Drive, Suite 140
San Diego, CA 92122

Axos Bank is the 131st largest bank in the nation. It was established in 2000 and as of December of 2020, it had grown to 1,004 employees. Axos Bank's money market rates are 36% higher than the national average, and it has a B+ health rating.

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Finding Liquid Bank Accounts with Rates Over 1% in 2021 - 12/31/2020

The only option for 1%+ liquid bank accounts is high-yield reward checking. These offer a high rate on balances up to a certain cap if monthly requirements are met.

Axos Bank Rewards Checking’s Long History with the Same Rate - 8/21/2020

One reward checking account that has a balance cap that’s much higher than the average cap is the Rewards Checking Account from Axos Bank.

Money Market Rate Drop - 8/5/2020

Noticed today rate dropped from 1.05% to 0.75% when I accessed the account. Long time holding checking and money market accounts. Satisfied customer over the years.

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AXOS Bank Review

Posted by: |

Excellent service both online and phone. Recently sent fraud alert and caught an issue. New card issued within a day
Phone support was professional and thorough..I would recommend this institution to anyone looking for excellent customer service.

Best Bank Ever!

Posted by: |

Axos is the best bank I have ever had, and I have used banks such as Bank of America, Wells Fargo, local banks where I lived, etc. I switched to Axos 2 years ago and I have had NO problems. NO fraud issues. NO fees every time I turn around!
I have a checking and savings with Axos and I pay NO MONTHLY MAINTENANCE FEE, ATM FEES are REFUNDED, NO OVERDRAFT I really need to say more??!!


Posted by: |

As a Nationwide Bank CD holder I didn't have any trouble getting my account set up at the time Nationwide was transferred to Axos Bank (referred to as Nationwide Bank as powered by Axos Bank), and I found the account dashboard to be much improved. When my CD matured, I checked Axos Bank rates which are much lower than other banks, so I closed it. What I didn't realize is there are a different set of rates for what is still called Nationwide Bank powered by Axos Bank than there are for Axos Bank, and much better rates at that. Had I known, I would have kept the CD there. And it looks like one can still open a CD under Nationwide/Axos Bank and get the better rates than what Axos Bank offers. Confusing.

Axos Is A Cancer

Posted by: |

The Axos name is a clear indicator of toxicity. They have two modes of operation: They either buy existent criminal enterprises like UFB Direct (check out those reviews ??) to make it clear to the world they should be avoided like the plague, or they buy progressive products like WiseBanyan and run their good name into the ground.

If you see an Axos product run far far away. If Axos acquires a company/product you use, get out ASAP. You are not a customer to them, they are not doing business with you. You are a walking wallet who they need to keep no promises to.



Data as of Q4 2020

Capitalization grade does not factor in PPP loans and the use of the PPP Liquidity Facility.
Learn why bank health matters

Health Grade Components

FDIC Certificate #35546
Year Established2000
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.83%
Return on Equity - YTD19.95%
Annual Interest Income$628.3MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$13.30B$11.55B
LoansQ4 2020vs Q4 2019$11.64B$10.12B
DepositsQ4 2020vs Q4 2019$11.67B$10.15B
Equity CapitalQ4 2020vs Q4 2019$1.20B$1.06B
Loan Loss AllowanceQ4 2020vs Q4 2019$136.2MM$59.3MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$166.1MM$52.2MM
Real Estate OwnedQ4 2020vs Q4 2019$6.1MM$7.4MM
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Always verify rates and promotions with the bank or credit union. We are not Axos Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Axos Bank Savings Account Rates

0.61%--High Yield Savings
0.50%$25k$5mBusiness Premium Savings
0.50%-$5mBusiness Savings

Axos Bank Money Market Rates

0.60%--High Yield Money Market
0.50%-$5mBusiness Money Market
0.50%-$5mIndustry Specific Money Market (Non-Profit & Religious Organizations)

Axos Bank Checking Account Rates

1.25%-$150kRewards Checking - 3 Qualifications
0.83%-$150kRewards Checking - 2 Qualifications
0.81%*-$50kBusiness Interest Checking
OTHER TIERS: 0.20% $250k - $5m | 0.50% $50k - $250k
0.42%-$150kRewards Checking - 1 Qualification
0.25%--First Checking
0.20%--Golden Checking
0.00%--Essential Checking

Axos Bank CD Rates

0.40%$1k-Business 12 Month CD
0.40%$1k-Business 24 Month CD
0.40%$1k-Business 36 Month CD
0.40%$1k-Business 48 Month CD
0.40%$1k-Business 60 Month CD
0.25%$1k-Business 6 Month CD
0.20%$1k-3 Month CD
0.20%$1k-6 Month CD
0.20%$1k-12 Month CD
0.20%$1k-24 Month CD
0.20%$1k-36 Month CD
0.20%$1k-48 Month CD
0.20%$1k-60 Month CD
0.15%$1k-Business 3 Month CD

Axos Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 4350 La Jolla Village Drive, Suite 140 - San Diego, CA 92122

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.