Axos Bank: Savings Accounts & Rates
Savings rates updated: 8/15/2025
Mission statement: Banksparency aims to make Axos Bank's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.
Note: Interest rates below are reported as APY, or Annual Percentage YieldWe earn a commission if you open an account through some links on this page.
Savings Overview
Axos ONE: 4.46% APY(Rank 9 of the 20 Best Savings Rates)
Summit Savings: 4.00% APY(Rank 47 out of 94 savings accounts)
High Yield Savings: 0.61% APY(Rank 85 out of 94 savings accounts)
Offered by the affiliated UFB Direct:
UFB Checking and Savings Bundle: 4.01% - 4.21% APY(Rank 27 out of 81 tracked HYSAs)
UFB Portfolio Savings: 4.01% APY(Rank 46 out of 94 savings accounts)
National Savings Interest Rate: 0.38% (as of 7/21/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: San Diego, California
Founded: 2000
Affiliation: Holding company of Axos Financial, Inc. (NYSE: AX)
Access to Branches: None
BBB Rating: A+ (BBB Accredited)
App Store Rating: 4.7/5
Google Play Rating: 4.4/5
Website: Visit Axos Bank
Our Take on Axos Bank
Highlights
- Highest APY of 4.46% available with Axos ONE account.
- No maintenance fees across all accounts.
- A+ BBB rating indicates strong trustworthiness.
- High App Store rating of 4.7 and Google Play rating of 4.4.
Considerations
- Current APY of 4.46% is down from 4.66% 30 days ago.
- Direct deposit required to earn the highest APY on Axos ONE.
- All accounts are online-only, limiting in-person access.
- No physical branches available.
Savings Accounts: In-Depth View
Savings Accounts Offered by Axos Bank
Feature | Axos ONE | Summit Savings | High Yield Savings |
---|---|---|---|
APY | 4.46% (as of 8/15/2025) | 4.00% (as of 8/15/2025) | 0.61% (as of 8/15/2025) |
APY Trend | -0.20% MoM | Stable for the last quarter | Stable for the last quarter |
Minimum Deposit | $0 | $0 | $0 |
Minimum Balance for APY | $0 | $0 | $0 |
FDIC-insured | Yes | Yes | Yes |
Online Only | Yes | Yes | Yes |
Bundled Account | Yes | No | No |
Direct Deposit Required | No. Not required, but is the easiest way to earn the highest APY. | No | No |
Compound Frequency | Daily | Daily | Daily |
Maintenance Fee | $0 | $0 | $0 |
Eligibility | United States | United States | United States |
Note | This APY is only available with the Axos ONE savings and checking bundle. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | N/A | N/A |
Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||
No deposit agreement summary available for this bank. |
Calculate Savings for Axos Bank
Total savings breakdown:
- Interest earned: $1,758.7 (11.16%)
- Total contributions: $13,000 (82.49%)
- Initial deposit: $1,000 (6.35%)
Your total balance
$15,758.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Axos Bank Savings Rates Over Time
Historical APY Insights
Metric | High Yield Savings | Summit Savings | Axos ONE |
---|---|---|---|
Latest APY | 0.61 % | 4.00 % | 4.46 % |
Trend | Sideways | Sideways | Sideways |
Slope (bps/mo) | 0.0 | 0.0 | -4.7 |
Rate Changes / Mo | 0.00 | 0.00 | 0.25 |
Days Since Last Change | 221 | 48 | 16 |
High (-8 m) | 0.61 % | 4.00 % | 4.86 % |
Low (-8 m) | 0.61 % | 4.00 % | 4.46 % |
Draw-down from High | 0.0 % | 0.0 % | -8.2 % |
Volatility (CV) | 0.000 | 0.000 | 0.025 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-8 m)
- Highest APY in the last 243 days.
- Low (-8 m)
- Lowest APY in the last 243 days.
- Draw-down from High
- How far today sits below the 8-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Compare Axos Bank's Savings Accounts
- Affirm - 3.85% APY
- All America Bank - 1.50-3.25% APY
- Ally Bank - 3.50% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.50% APY
- Ameriprise Bank - 3.15-3.15% APY
- Bank5 Connect - 4.05% APY
- Bank of America - 0.01% APY
- Barclays - 3.90-4.10% APY
- Bask Bank - 4.20% APY
- Betterment - 4.00% APY
- BMO Alto - 3.50% APY
- Bread Savings - 4.25% APY
- BrioDirect - 4.30% APY
- Capital One - 3.50% APY
- Carver Bank - 4.00% APY
- Charles Schwab Bank - 0.15% APY
- Chase Bank - 0.01% APY
- Chime - 1.25-3.75% APY
- CIBC Bank USA - 4.02% APY
- CIT Bank - 0.25-4.00% APY
- Citibank - 3.50% APY
- Citizens Access™ - 3.50% APY
- Colorado Federal Savings Bank - 4.15% APY
- ConnectOne Bank - 4.00% APY
- Customers Bank - 4.23% APY
- Discover Bank - 3.50% APY
- Elevault - 4.60% APY
- E*TRADE from Morgan Stanley - 4.00% APY
- EverBank - 4.30% APY
- Evergreen Bank Group - 4.25% APY
- First Foundation Bank - 4.25% APY
- Fitness Bank - 4.85% APY
- Flagstar Bank - 4.00% APY
- FNBO Direct - 3.25% APY
- Forbright Bank - 4.25% APY
- FVCbank - 4.35% APY
- GO2bank - 4.50% APY
- High Plains Bank - 0.23-3.82% APY
- Jenius Bank - 4.20% APY
- LendingClub - 3.20-4.20% APY
- Live Oak Bank - 4.10% APY
- Marcus by Goldman Sachs - 3.65% APY
- My Banking Direct - 4.30% APY
- MySavingsDirect - 3.75% APY
- Neighbors Bank - 4.60% APY
- Newtek Bank - 4.35% APY
- OMB Bank - 1.00% APY
- Openbank - 4.20% APY
- Peak Bank - 4.35% APY
- Pibank - 4.60% APY
- PNC - 3.95% APY
- Poppy Bank - 4.25% APY
- Popular Direct - 4.05% APY
- Presidential Bank - 4.00-4.50% APY
- Prime Alliance Bank - 4.05% APY
- Primis Bank - 4.20% APY
- Quontic Bank - 3.75% APY
- RBMAX - 4.15% APY
- Rising Bank - 4.30% APY
- ROGER - 4.12% APY
- Salem Five Direct - 4.01% APY
- Sallie Mae Bank - 3.90% APY
- Santander Bank - 0.03% APY
- SoFi Bank - 3.80% APY
- Synchrony Bank - 3.80% APY
- TAB Bank - 4.15% APY
- TD Bank - 0.05-3.00% APY
- The State Exchange Bank - 3.05% APY
- TIMBR - 4.40% APY
- UFB Direct - 4.01-4.21% APY
- Upgrade - 4.02% APY
- Valley Direct - 4.30% APY
- Varo Bank - 2.50-5.00% APY
- Wells Fargo - 0.05-2.51% APY
- Western Alliance Bank - 4.30% APY
- Zynlo Bank - 4.35% APY
Feature | Axos Bank | Select a bank... |
---|---|---|
Product | N/A | |
APY | 4.46% (as of 8/15/2025) | N/A |
Bundled Account | Yes | N/A |
FDIC-insured | Yes | N/A |
Online Only | Yes | N/A |
Compound Frequency | Daily | N/A |
Minimum Deposit | $0 | N/A |
Minimum Balance for APY | $0 | N/A |
Maintenance Fee | $0 | N/A |
Direct Deposit Required | No | N/A |
Note | This APY is only available with the Axos ONE savings and checking bundle. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | N/A |
Sponsored Link | Learn More at Axos Bank, Member FDIC |
Bank-to-Bank Comparisons
Compare Axos Bank's APY of 4.46% with other banks
Bank Pair | Best APY | Min Deposit |
---|---|---|
Axos Bank vs Ally Bank | 3.50% | $0 |
Axos Bank vs American Express | 3.50% | $0 |
Axos Bank vs Bank of America | 0.01% | $100 |
Axos Bank vs Barclays | 4.10% | $0 |
Axos Bank vs Capital One | 3.50% | $0 |
Axos Bank vs Chase Bank | 0.01% | $0 |
Axos Bank vs Chime | 3.75% | $0 |
Axos Bank vs CIT Bank | 4.00% | $100 |
Axos Bank vs Discover Bank | 3.50% | $0 |
Axos Bank vs Fitness Bank | 4.85% | $100 |
Axos Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
Axos Bank vs Presidential Bank | 4.50% | $5,000 |
Axos Bank vs SoFi Bank | 3.80% | $0 |
Axos Bank vs Synchrony Bank | 3.80% | $0 |
Axos Bank vs Varo Bank | 5.00% | $0 |
Axos Bank vs Wells Fargo | 2.51% | $25 |
Alternatives to Axos Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
TIMBR
Premium Savings Account: 4.40% APY
Minimum Deposit: $1,000
Online Only
EverBank
Performance Savings: 4.30% APY
Minimum Deposit: $0
Online Only
Presidential Bank
Advantage Savings: 4.50% APY
Bundled Savings & Checking Account
Minimum Deposit: $5,000
Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
Bread Savings
High-Yield Savings Account: 4.25% APY
Minimum Deposit: $100
Online Only
Elevault
High Yield Savings Account: 4.60% APY
Minimum Deposit: $0
Online Only
Neighbors Bank
Neighbors Savings Account: 4.60% APY
Minimum Deposit: $0
Eligible States: Limited (see details)
Fitness Bank
Fitness Savings Account: 4.50% APY
Minimum Deposit: $100
Online Only
Fitness Elite Checking & Fitness Savings Combo: 4.85% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
Online Only
Rising Bank
High-Yield Savings Account: 4.30% APY
Minimum Deposit: $1,000
Online Only
BrioDirect
High-Yield Savings Account: 4.30% APY
Minimum Deposit: $5,000
Online Only
Zynlo Bank
Tomorrow Savings Account: 4.35% APY
Minimum Deposit: $10
Online Only
Western Alliance Bank
High-Yield Savings Premier: 4.30% APY
Minimum Deposit: $500
Online Only
Newtek Bank
Personal High Yield Savings: 4.35% APY
Minimum Deposit: $0
Online Only