Axos Bank Review 2026
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Edited by
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At a glance
Overview
Axos Bank is a decent choice for people who are comfortable doing all their banking online and want a free checking account with access to a large network of fee-free ATMs and unlimited ATM fee rebates. The bank offers competitive checking accounts and a solid savings yield.
Highlights:
24/7 Customer Service ATM Fee Refunds No Monthly FeesHighlights:
Savings
Customer Experience
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.6/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Axos Bank pros and cons
Pros
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Most Axos Bank accounts don’t have a minimum balance requirement or charge a monthly fee.
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Certain checking customers get unlimited ATM reimbursements in the U.S.
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24/7 phone support is available.
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Axos Bank customers have access to around 91,000 in-network ATMs.
Cons
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It’s easy to find a higher rate on a savings account elsewhere.
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Customers don’t have access to peer-to-peer payment tool Zelle.
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Axos Bank banking products
Axos Bank Summit Savings account
Pros
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An ATM card is available.
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Doesn't charge a monthly maintenance fee.
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No minimum balance to open an account.
Cons
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Withdrawals have an uncapped $10 fee per withdrawal above that maximum allowed.
Axos’ Summit Savings account has a flat APY structure, and earns interest regardless of the balance you keep. No minimum balance is required to open the account, and there are no monthly maintenance fees to eat into your savings, which is common for online banks. An ATM card is also available upon request — something that's not available at all banks..
Rate history for Axos Bank's Savings account
See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
Customer experience
Customer support. Axos Bank stands out for its customer support hours — phone support is available 24/7, a rarity among even online banks.
Digital experience. Customers can access their accounts through the Axos website or its mobile app to do things like pay bills, deposit checks and transfer funds, as well as check balances and account history. The bank’s mobile app is rated well on Google Play and on the Apple App stores.
Perks. Axos Bank provides Essential Checking and Rewards Checking customers with quite a nice perk: unlimited ATM reimbursements in the U.S.
How Axos Bank compares to other banks
Compare different account types offered by Axos Bank. Annual percentage yields (APYs) shown were updated between Aug. 28, 2026 and Sept. 3, 2026.
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Selected bank
Axos Bank savings account
Bankrate score
4.8
Bankrate Savings rating = 4.8/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
Most comparable
Vio Bank savings account
Bankrate score
4.8
Bankrate Savings rating = 4.8/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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Bankrate score
Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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APY
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Aug. 28, 2026 and Sept. 3, 2026.
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| 3.75% | 3.99% | |
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Minimum balance for APY
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| $0.00 | $0.00 | |
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Estimated earnings
Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
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| $1,875 | $1,995 | |
| Axos Bank’s High-Yield Savings account features a reversed tier structure, meaning higher balances earn less interest. The highest yield is slightly above the national average, but well below what you can find by shopping around. Customers can request an ATM card. | Vio Bank Online Savings account offers a great yield on your whole balance. And you won't give any of your interest back in monthly fees, either. Plus the minimum deposit to open is fairly low at $100. | |
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APY offering:
3.75%
5/5
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
Minimum deposit for APY:
$0.00
5/5
The minimum deposit amount a financial institution requires in order to open a savings account.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
Minimum balance to avoid fee:
$0.00
5/5
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds:
Average
4/5
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools:
No
0/5
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
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APY offering:
3.99%
5/5
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
Minimum deposit for APY:
$100.00
3/5
The minimum deposit amount a financial institution requires in order to open a savings account.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
Minimum balance to avoid fee:
$0.00
5/5
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds:
Great
5/5
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools:
Yes
5/5
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
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APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
The minimum deposit amount a financial institution requires in order to open a savings account.
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
Bankrate does not currently track additional product details for this bank.
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