Axos Bank: Savings Accounts & Rates
Mission: Banksparency aims to make Axos Bank's savings accounts transparent and comparable to the market.
Interest rates reported as APY
Savings Overview
Axos ONE
Top 20 Rate
4.51% APY
No Minimums Checking Bundle Online Only
Rank #4 of 101 tracked.Compare Rates
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.
High Yield Savings
0.61% APY
Tiered Range: 0.15% - 0.61%
No Minimums Online Only
Rank #91 of 101 tracked.Compare Rates
This is a tiered savings account where rates vary based on the balance. The top APY may be earned on a balance up to $9,999.99, while balances above that receive an increasingly lower APY.
Also see affiliate: UFB Direct
View affiliated productsBank Overview
- HQ LocationSan Diego, California
- Founded2000
- Ratings & Trust
- Deposit InsuranceFDIC Insured(Cert: 35546)
Our Take on Axos Bank
Highlights
- Highest APY of 4.51% with Axos ONE account.
- No maintenance fees for any accounts.
- A+ BBB rating with accreditation.
- High App Store rating of 4.7.
Considerations
- Direct deposit required for highest APY on Axos ONE.
- Lower APY of 0.61% for High Yield Savings account.
- No physical branches available.
- Limited APY for balances above $9,999.99 in High Yield Savings.
Summary: Axos Bank offers competitive savings accounts, with the Axos ONE account providing a top APY of 4.51%. However, this rate requires direct deposits and maintaining certain balance levels. The High Yield Savings account offers a lower APY of 0.61% for higher balances. All accounts have no maintenance fees, and the bank has a strong A+ BBB rating. As an online-only bank, it lacks physical branches, which may be a drawback for some customers.
Savings Accounts: In-Depth View
Savings Accounts Offered by Axos Bank
| Feature | Axos ONE | High Yield Savings | Summit Savings |
|---|---|---|---|
| APY | 4.51% (as of 11/21/2025) | 0.15% - 0.61% (as of 11/21/2025) | 4.00% (as of 11/21/2025) |
| APY Trend | +0.05% QoQ | 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. | This is a tiered savings account where rates vary based on the balance. The top APY may be earned on a balance up to $9,999.99, while balances above that receive an increasingly lower APY. | N/A |
| Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||
No deposit agreement summary available for this bank. | |||
Calculate Savings for Axos Bank
All calculations are based on APY.
Deposit Frequency:
Total savings breakdown:
- Interest earned: $1,779.6 (11.28%)
- Total contributions: $13,000 (82.38%)
- Initial deposit: $1,000 (6.34%)
Your total balance
$15,779.60
Effective APY: 4.51% (based on your deposit and contributions)
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 % | 4.51 % |
| Trend | Sideways | Sideways | Sideways |
| Slope (bps/mo) | 0.0 | 0.0 | -4.2 |
| Rate Changes / Mo | 0.00 | 0.00 | 0.27 |
| Days Since Last Change | 317 | 144 | 50 |
| High (-11 m) | 0.61 % | 4.00 % | 4.86 % |
| Low (-11 m) | 0.61 % | 4.00 % | 4.46 % |
| Draw-down from High | 0.0 % | 0.0 % | -7.2 % |
| Volatility (CV) | 0.000 | 0.000 | 0.032 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 11 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 (-11 m)
- Highest APY in the last 339 days.
- Low (-11 m)
- Lowest APY in the last 339 days.
- Draw-down from High
- How far today sits below the 11-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 - 3.60% APY
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- Ally Bank - 3.30% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.50% APY
- Ameriprise Bank - 3.15-3.15% APY
- Bank5 Connect - 3.85% APY
- Bank of America - 0.01% APY
- Barclays - 3.85-4.00% APY
- Bask Bank - 3.90% APY
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- BMO Alto - 3.25% APY
- Bread Savings - 4.15% APY
- BrioDirect - 4.00% APY
- Capital One - 3.40% APY
- Carver Bank - 4.00% APY
- Charles Schwab Bank - 0.15% APY
- Chase Bank - 0.01% APY
- Chime - 1.00-3.50% APY
- CIBC Bank USA - 3.77% APY
- CIT Bank - 0.25-3.75% APY
- Citibank - 3.30% APY
- Citizens Access™ - 3.35% APY
- Colorado Federal Savings Bank - 4.05% APY
- ConnectOne Bank - 3.60% APY
- Customers Bank - 3.73% APY
- Discover Bank - 3.40% APY
- Elevault - 4.08% APY
- E*TRADE from Morgan Stanley - 3.75% APY
- EverBank - 4.05% APY
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- First Foundation Bank - 4.00% APY
- Fitness Bank - 4.75% APY
- Flagstar Bank - 3.65% APY
- FNBO Direct - 3.00% APY
- Forbright Bank - 4.00% APY
- FVCbank - 3.85% APY
- GO2bank - 4.50% APY
- High Plains Bank - 0.23-3.82% APY
- Ivy Bank - 0.05-4.25% APY
- Jenius Bank - 4.05% APY
- LendingClub - 3.20-4.20% APY
- Live Oak Bank - 3.90% APY
- Marcus by Goldman Sachs - 3.65% APY
- MutualOne Bank - 4.07% APY
- My Banking Direct - 4.02% APY
- MySavingsDirect - 3.75% APY
- Neighbors Bank - 4.50% APY
- Newtek Bank - 4.35% APY
- Northeast Bank - 2.50-3.00% APY
- OMB Bank - 1.00% APY
- Openbank - 4.20% APY
- Peak Bank - 4.20% APY
- Pibank - 4.60% APY
- PNC - 3.53% APY
- Poppy Bank - 4.00% APY
- Popular Direct - 4.00% APY
- Presidential Bank - 3.50-4.00% APY
- Prime Alliance Bank - 3.90% APY
- Primis Bank - 3.85% APY
- Quontic Bank - 3.75% APY
- RBMAX - 3.90% APY
- Rising Bank - 3.95% APY
- ROGER - 3.87% APY
- Salem Five Direct - 3.71% APY
- Sallie Mae Bank - 3.90% APY
- Santander Bank - 0.01% APY
- SmartyPig - 3.90% APY
- SoFi Bank - 4.30% APY
- Synchrony Bank - 3.65% APY
- TAB Bank - 3.80% APY
- TD Bank - 0.05-2.75% APY
- The State Exchange Bank - 3.96% APY
- TIMBR - 4.40% APY
- UFB Direct - 3.51-3.71% APY
- Upgrade - 3.05% APY
- Valley Direct - 4.10% APY
- Varo Bank - 2.50-5.00% APY
- Vio Bank - 4.16% APY
- Wealthfront - 3.50-4.15% APY
- Wells Fargo - 0.05-0.05% APY
- Western Alliance Bank - 3.95% APY
- Zynlo Bank - 4.20% APY
| Feature | Axos Bank | Select a bank... |
|---|---|---|
| Product | N/A | |
| APY | 4.51% (as of 11/21/2025) | 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 4.51% with other banks
Alternatives to Axos Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Peak Bank
Envision High Yield Savings: 4.20% APY
Minimum Deposit: $100
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Openbank
High-Yield Savings Account: 4.20% APY
Minimum Deposit: $500
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Newtek Bank
Personal High Yield Savings: 4.35% APY
Minimum Deposit: $0.01
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TIMBR
Premium Savings Account: 4.40% APY
Minimum Deposit: $1,000
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Zynlo Bank
Tomorrow Savings Account: 4.20% APY
Minimum Deposit: $10
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GO2bank
High Yield Savings: 4.50% APY
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Minimum Deposit: $0
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LendingClub
LevelUp Savings: 4.20% APY
Minimum Deposit: $0
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Fitness Bank
Fitness Elite Checking & Fitness Savings Combo: 4.75% APY
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Minimum Deposit: $100
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Fitness Savings Account: 4.45% APY
Minimum Deposit: $100
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Varo Bank
High-Yield Savings Account: 5.00% APY
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Minimum Deposit: $0
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Direct Deposit: Min. $1,000/month
Neighbors Bank
Neighbors Savings Account: 4.50% APY
Minimum Deposit: $0
Eligible States: Limited (see details)
Ivy Bank
High-Yield Savings Account: 4.25% APY
Minimum Deposit: $2,500
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Eligible States: Limited (see details)
Evergreen Bank Group
High-Yield Online Savings: 4.25% APY (Inactive)
Minimum Deposit: $100
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