Nationwide by Axos Bank


Overview / Commentary
833-411-2967
4350 La Jolla Village Drive, Suite 140
San Diego, CA 92122

Related Posts

Still Offering 1.70% APY On The MY SAVINGS Account [Not Shown On The DA Savings List] - 5/23/2020

I'm not sure why the "My Savings" account has not been listed on the DA savings account list page. Last month when I posted information about this account, DA instead listed the Axos Bank High Yield Savings paying 1.30% APY to their savings accounts list ignoring the "My Savings" account paying the higher rate. My Savings My Savings1 offers 1.70% APY* so your savings can grow faster. No minimum balance requirements, no maintenance fees, and interest compounded daily – get more value for your money. This is the better way to save. Key Account Features Earn 1.70% APY* No minimum balance requirements $0 monthly maintenance fee Complimentary suite of digital banking tools $100 deposit to open your account My Savings Rates: $0- >$100,000 all tiers 1.70% APY The Annual Percentage Yield (APY) is accurate as of 5/23/2020 Earn up to 1.70% APY As a digital bank, we have lower overhead costs than our brick-and-mortar counterparts. This allows us to pass the savings back to you, our val

Nationwide By Axos Bank Savings Rate 1.70% [Not on DA Savings List] - 4/23/2020

Earn 1.70% APY* -All Tiers earn stated interest rate -No minimum balance requirements -$0 monthly maintenance fee -Complimentary suite of digital banking tools -$100 deposit to open your account https://nationwide.axosbank.com/Personal/Savings/My-Savings

Reviews (3)

Nationwide Customer Given Run Around

Posted by: |

I wish Nationwide would remove their endorsement to their customers for this bank. I tried to open an account, and I'm a former UFB accountholder, so their online would not allow me to open as a new account holder. I called twice and left my 'call back' number. Never received a call. I sent email, 3 days later, I received an email, to 'log in as a new customer'..duh...that does not work. I then called and sat on hold until I could speak to someone. The person I spoke with told me they needed to take my app over the phone. This is a joint account, so we went thru all the info for both accounts. The agent then tells me his computer blanked out and lost the info. So we go thru the process again. At the end, he asks me, do you have a credit freeze, I answer yes. He tells me I need to lift the freezes and then call in and apply again. He apologized for not asking me that at the beginning of the process. I then get an email from Nationwide Axos, with the info to contact the 2 bureaus, to lift the freeze. I go ahead and lift the freezes. Several hours later, at their instruction, I called in to start the app process again. This time, I was told, I do not need to re-apply, that I lifted the freezes timely. I had previously lifted my Chex System fraud alert as well. So now, with both applicants, seniors, with excellent credit. we get a 'decline' from Nationwide Axos. What a waste of my time and energy. As an insured with Nationwide, I wish Nationwide would stop sending me emails promoting Axos. Nationwide can do better than using this dysfunctional institution to offer banking to its customers.

Won't Allow ACH In....

Posted by: |

I have an existing CD at this bank (I opened it prior to Nationwide turning their banking over to AXOS) and yet online it would not recognize me as an existing customer when I started the application!! The process to open is tedious but I still persevered. When it came time to fund the account, I couldn't figure out how to ACH in, so I called them. I was told I had to link an external account and then could do a one time transfer IN to them since it was a CD. I thought that was weird but still started the process and waited for 3 business days for small deposit verification. Instead I received a note from the external bank (where the money was coming from) that the Axos account was not active! I Live Chatted with Axos and they said I could NOT ACH $$ in, that I could only mail a check or wire transfer. They apologized for the incorrect information I received, however it's now been a week that I've been trying to open this CD. I have since taken my CD $ elsewhere and will let this one die on the vine.

UPDATE 7/30/19: I did receive a call from AXOS saying that they WOULD accept an ACH in but I had already moved the $$ elsewhere and I still question why they say one thing and then say the opposite and then back pedal

Good Luck Opening A Account. Get Ready For The Run-Around.

I was enticed by the 2.9% 2yr CD offer. Opening a account is a nightmare. You first go through the tedious online process and submit your DL electronically. You have to unlock your credit reports in order to do so. After which your account goes into review. When you don't hear anything you can then contact their customer service who will ask you to go through the whole process again, including unlocking your credit reports. After which your account will go into review again. Then you will get a email asking you to do the whole thing over again. A CSR told me that this is standard operating procedure for new accounts. All I experienced was run-around and a waste of time. I should have known better after dealing with UFB in the past, which is now also part of Axos/Nationwide. Save yourself some time and frustration. I have never had such difficulty opening a online account and I have dealt with more online banks that I can count. I regret giving this bank any of my information. At this point I have given up and went ahead and opened my CD elsewhere, which BTW took less than 5 minutes.



Health

Health Grade Components

Overall
FDIC Certificate #35546
Year Established2000
Employees1031
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.78%
Return on Equity - YTD18.71%
Annual Interest Income$594.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$11.55B$9.80B
LoansQ4 2019vs Q4 2018$10.12B$9.04B
DepositsQ4 2019vs Q4 2018$10.15B$8.42B
Equity CapitalQ4 2019vs Q4 2018$1.06B$955.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$59.3MM$53.7MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$52.2MM$43.0MM
Real Estate OwnedQ4 2019vs Q4 2018$7.4MM$8.5MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Still Offering 1.70% APY On The MY SAVINGS Account [Not Shown On The DA Savings List]

  |  
I'm not sure why the "My Savings" account has not been listed on the DA savings account list page. Last month when I posted information about this account, DA instead listed the Axos Bank High Yield Savings paying 1.30% APY to their savings accounts list ignoring the "My Savings" account paying the higher rate.

My Savings

My Savings1 offers 1.70% APY* so your savings can grow faster. No minimum balance requirements, no maintenance fees, and interest compounded daily – get more value for your money. This is the better way to save.

Key Account Features

Earn 1.70% APY*
No minimum balance requirements
$0 monthly maintenance fee
Complimentary suite of digital banking tools
$100 deposit to open your account

My Savings Rates: $0- >$100,000 all tiers 1.70% APY
The Annual Percentage Yield (APY) is accurate as of 5/23/2020

Earn up to 1.70% APY
As a digital bank, we have lower overhead costs than our brick-and-mortar counterparts. This allows us to pass the savings back to you, our valued member. As a result, our annual percentage yields (APY*) are among the highest in the country. Higher yields mean more money in your pocket.

https://nationwide.axosbank.com/Personal/Savings/My-Savings
https://nationwide.axosbank.com/Personal/Savings

Nationwide By Axos Bank Savings Rate 1.70% [Not on DA Savings List]

  |  
Earn 1.70% APY*
-All Tiers earn stated interest rate
-No minimum balance requirements
-$0 monthly maintenance fee
-Complimentary suite of digital banking tools
-$100 deposit to open your account

https://nationwide.axosbank.com/Personal/Savings/My-Savings

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Nationwide by 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.

Nationwide by Axos Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$300-Regular Savings

Nationwide by Axos Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.55%*$10k*-Money Market Plus
OTHER TIERS: 1.15% Up to $10k

Nationwide by Axos Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$25k*-Interest Checking
OTHER TIERS: 0.10% Up to $2.5k | 0.20% $2.5k - $10k | 0.30% $10k - $25k

Nationwide by Axos Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$500-6 Month CD
0.40%$500-9 Month CD
0.40%$500-12 Month CD
0.40%$500-18 Month CD
0.40%$500-24 Month CD
0.40%$500-36 Month CD
0.40%$500-48 Month CD
0.40%$500-60 Month CD
0.25%$500-3 Month CD

Nationwide by Axos Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$500-6 Month IRA
0.40%$500-12 Month IRA
0.40%$500-24 Month IRA
0.40%$500-36 Month IRA
0.40%$500-48 Month IRA
0.40%$500-60 Month IRA
Locations

Nationwide by 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.