Axos Bank: Savings Accounts & Rates
By Aviel Fahl
Savings rates updated: 11/16/2025
Mission statement: Banksparency aims to make Axos Bank's savings accounts transparent and comparable to those of other banks. .
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: 4.51% APY(Rank 4 of the 20 Best Savings Rates)
Summit Savings: 4.00% APY(Rank 30 out of 103 savings accounts)
High Yield Savings: 0.15% - 0.61% APY(Rank 91 out of 103 savings accounts)
Offered by the affiliated UFB Direct:
UFB Checking and Savings Bundle: 3.51% - 3.71% APY(Rank 61 out of 87 tracked HYSAs)
UFB Portfolio Savings: 3.51% APY(Rank 70 out of 103 savings accounts)
National Savings Interest Rate: 0.4% (as of 10/20/2025)
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: 4.5/5
Website: Visit Axos Bank
Our Take on Axos Bank
Highlights
- Offers 4.51% APY with Axos ONE savings and checking bundle.
- No maintenance fees on all accounts.
- A+ BBB rating and accredited status.
- High App Store rating of 4.7.
Considerations
- Direct deposit required for highest APY on Axos ONE.
- Lowest APY of 0.61% on High Yield Savings account.
- No physical branches available.
- Online only banking may not suit all users.
Savings Accounts: In-Depth View
Savings Accounts Offered by Axos Bank
| Feature | Axos ONE | High Yield Savings | Summit Savings |
|---|---|---|---|
| APY | 4.51% (as of 11/16/2025) | 0.15% - 0.61% (as of 11/16/2025) | 4.00% (as of 11/16/2025) |
| 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
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
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 | -4.3 |
| Rate Changes / Mo | 0.00 | 0.00 | 0.27 |
| Days Since Last Change | 312 | 139 | 44 |
| 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 334 days.
- Low (-11 m)
- Lowest APY in the last 334 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
- All America Bank - 1.50-3.25% APY
- 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 - 3.90-4.10% APY
- Bask Bank - 3.90% APY
- Betterment - 3.50% APY
- BMO Alto - 3.25% APY
- Bread Savings - 4.20% 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 - 3.92% APY
- CIT Bank - 0.25-3.85% APY
- Citibank - 3.35% 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
- Evergreen Bank Group - 4.25% APY
- 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 - 4.20% 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 - 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 - 3.75-4.25% 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 - 3.80% 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 - 4.21% APY
- Wealthfront - 3.50-4.15% APY
- Wells Fargo - 0.05-0.05% APY
- Western Alliance Bank - 4.05% APY
- Zynlo Bank - 4.20% APY
| Feature | Axos Bank | Select a bank... |
|---|---|---|
| Product | N/A | |
| APY | 4.51% (as of 11/16/2025) | 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
Newtek Bank
Personal High Yield Savings: 4.35% APY
Minimum Deposit: $0.01
Online Only
Evergreen Bank Group
High-Yield Online Savings: 4.25% APY (Inactive)
Minimum Deposit: $100
Online Only
Bread Savings
High-Yield Savings Account: 4.20% APY
Minimum Deposit: $100
Online Only
Presidential Bank
Advantage Savings: 4.25% 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.
LendingClub
LevelUp Savings: 4.20% APY
Minimum Deposit: $0
Online Only
Varo Bank
High-Yield Savings Account: 5.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Direct Deposit: Min. $1,000/month
GO2bank
High Yield Savings: 4.50% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Vio Bank
Online Savings Account: 4.21% APY
Minimum Deposit: $100
Online Only
SoFi Bank
SoFi Savings: 4.30% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
TIMBR
Premium Savings Account: 4.40% APY
Minimum Deposit: $1,000
Online Only
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo: 4.75% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
Online Only
Fitness Savings Account: 4.45% APY
Minimum Deposit: $100
Online Only
Neighbors Bank
Neighbors Savings Account: 4.50% APY
Minimum Deposit: $0
Eligible States: Limited (see details)