Affirm vs. Axos Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Affirm
Affirm Money Account
3.60%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Affirm
Affirm Money Account
Axos Bank
Axos ONE
4.31%APYDec 10, 2025FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Axos Bank
Axos ONE
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Affirm vs. Axos Bank Savings Calculator
Axos Bank earns $458.1 more than Affirm.
Affirm
Affirm Money Account
Savings Breakdown
- Interest Earned+$2,177.80(10.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,177.80
Axos Bank
Axos ONE
Savings Breakdown
- Interest Earned+$2,635.90(12.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,635.90
Sponsored Link
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Affirm vs. Axos Bank
Why Affirm?
No distinct advantages found vs Axos Bank.
Why Axos Bank?
- ✓Earn 0.51% APY on checking account
- ✓Access to 95,000 fee-free ATMs
- ✓Higher potential APY (4.00%-4.31% vs 3.60%) on all balances
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Axos BankAxos Bank's Axos ONE earns more on smaller deposits (approx. $431 vs $360/yr).
Better Returns at $25,000
Axos BankAxos Bank's Axos ONE pulls ahead with larger amounts (approx. $1078 vs $900/yr).
Best for Simplicity
Axos BankAxos Bank's Summit Savings offers 4.00% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Axos BankAxos Bank's Axos ONE pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
AffirmAffirm offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.8 (vs. 4.5)
Shared Benefits
Over a 1-year period, Axos Bank's Axos ONE pays $71 more interest on a $10,000 balance than Affirm's Affirm Money Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Axos Bank offers the Axos ONE account with a competitive APY of 4.31%, making it the top choice for savers looking to maximize returns, especially when bundled with a checking account. While direct deposit is not required, it simplifies earning the highest APY. In contrast, Affirm provides the Affirm Money Account with a lower APY of 3.60% but is noted for its excellent mobile app experience. Both banks operate online only, and neither has minimum deposit or maintenance fees. For those seeking higher yields, Axos Bank's offerings are clearly more advantageous.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Affirm and Axos Bank.
| Feature | Affirm | Axos Bank |
|---|---|---|
| APY | 3.60% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 4.31% Verified: 12/10/2025 ↘︎ 0.15%90d Change |
| Product Name | Affirm Money Account | Axos ONE |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | Not required, but is the easiest way to earn the highest APY. |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.7 Android4.5 |
| BBB Rating | A+ | A+ |
| Important Notes | While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank. | The 4.31% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. 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. |
| Next Steps | SponsoredOpen Account |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Affirm | Axos Bank | ||
|---|---|---|---|---|
| Affirm Money Account | High Yield Savings | Summit Savings | Axos ONE | |
Current APY | 3.60% | 0.61% | 4.00% | 4.31% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -2.7 | -0.0 | 0.0 | -4.3 |
Days Since Change | 75 | 322 | 163 | 8 |
11-Month High | 3.85% | 0.61% | 4.00% | 4.86% |
11-Month Low | 3.60% | 0.61% | 4.00% | 4.31% |
Adjustments / Mo | 0.09 | 0.00 | 0.00 | 0.37 |
Volatility Score | 0.030 | 0.000 | 0.000 | 0.033 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare Affirm vs...
Comparing against Standard Savings
Compare Axos Bank vs...
Comparing against other Bundled Accounts