Axos Bank vs Capital One
High-Yield Savings Accounts Comparison
Last Updated: June 20, 2025
Summary of Axos Bank vs. Capital One
As of June 20, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Capital One's 3.60% APY for its 360 Performance Savings account.
Axos Bank yields $106 more than Capital One on a $10,000 balance after one year. Axos Bank pays $466, while Capital One pays $360 - an APY advantage for Axos Bank.
In addition, Axos Bank also offers 0.61% APY for the High Yield Savings account.
Axos Bank
Strengths
- Axos Bank offers a higher APY of 4.66% in the Axos ONE account.
- Axos Bank has no maintenance fees or minimum balance requirements.
- Axos Bank has a strong App Store rating of 4.7.
Potential Drawbacks
- Axos Bank has no physical branches.
- Axos Bank requires a minimum $1,500 average daily balance in ONE Checking for the highest APY.
- Axos Bank's High Yield Savings account offers a lower APY of 0.61%.
Capital One
Strengths
- Capital One has over 200 branches in multiple states.
- Capital One's 360 Performance Savings account has no direct deposit requirement.
- Capital One has an excellent App Store rating of 4.9.
Potential Drawbacks
- Capital One offers a lower APY of 3.60% compared to Axos Bank.
- Capital One's current APY has not changed in the last 30 days.
- Capital One's High Yield Savings account does not have a higher APY tier.
Summary: Axos Bank offers a significantly higher APY of 4.66% through its Axos ONE account, but requires a $1,500 balance, while Capital One provides a lower APY of 3.60% without a direct deposit requirement and has physical branches. Both banks have strong BBB ratings, but Axos Bank lacks physical locations, which may be a consideration for some customers.
Compare Axos Bank's vs Capital One's Savings Accounts
| Axos Bank | Capital One | |||
|---|---|---|---|---|
| Product | Axos ONE | High Yield Savings | vs | 360 Performance Savings |
| APY | 4.66% (as of 6/20/2025) | 0.61% (as of 6/20/2025) | 3.60% (as of 6/20/2025) | |
| Bundled Account | Yes | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | $0 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | Yes. Min. $1,500/month to ONE Checking. | No | No | |
| Note | This APY is only available in the Axos ONE savings and checking bundle. Must maintain $1,500 on avg. daily balance in ONE Checking for APY. | N/A | N/A | |
| Visit Bank | Axos ONE | High Yield Savings | 360 Performance Savings | |
| App Store Rating | 4.7/5 | 4.9/5 | ||
| Google Play Rating | 4.4/5 | 4.5/5 | ||
| BBB Rating | A+ | A+ | ||
Comparative Historical APY Insights (Last 5 Months)
| Axos Bank | Capital One | |||
|---|---|---|---|---|
| Product | High Yield Savings | Axos ONE | vs | 360 Performance Savings |
| Latest APY | 0.61 % | 4.66 % | 3.60 % | |
| Trend | Sideways | Falling | Sideways | |
| Slope (bps/mo) | 0.0 | -5.9 | -4.0 | |
| Rate Changes / Mo | 0.00 | 0.20 | 0.40 | |
| Days Since Last Change | 149 | 81 | 74 | |
| High (-5 m) | 0.61 % | 4.86 % | 3.80 % | |
| Low (-5 m) | 0.61 % | 4.66 % | 3.60 % | |
| Draw-down from High | 0.0 % | -4.1 % | -5.3 % | |
| Volatility (CV) | 0.000 | 0.021 | 0.018 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 5 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 (-5 m)
- Highest APY in the last 150 days.
- Low (-5 m)
- Lowest APY in the last 150 days.
- Draw-down from High
- How far today sits below the 5-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.
Calculate Savings Growth for Axos Bank vs Capital One
All calculations are based on APY.
Axos Bank
APY: 4.66%
Total savings breakdown:
- Interest earned: $46.6 (4.45%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.55%)
Your total balance
$1,046.60
Effective APY: 4.66% (based on your deposit and contributions)
Total balance: $1,046.6
Earnings: $46.6
Bank DetailsCapital One
APY: 3.60%
Total savings breakdown:
- Interest earned: $36 (3.47%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.53%)
Your total balance
$1,036.00
Effective APY: 3.60% (based on your deposit and contributions)
Total balance: $1,036
Earnings: $36
Bank DetailsAfter 1 year Axos Bank would earn you $10.6 more than Capital One.
More Comparisons
Compare Axos Bank's APY of 4.66% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Axos Bank vs Ally Bank | 3.50% | $0 |
| Axos Bank vs American Express | 3.60% | $0 |
| Axos Bank vs Bank of America | 0.01% | $100 |
| Axos Bank vs Barclays | 4.10% | $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 | 3.60% | $0 |
| Axos Bank vs Fitness Bank | 5.00% | $100 |
| Axos Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Axos Bank vs SoFi Bank | 3.80% | $0 |
| Axos Bank vs Synchrony Bank | 3.80% | $0 |
| Axos Bank vs Varo Bank | 5.00% | $0 |
Compare Capital One's APY of 3.60% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Capital One vs Ally Bank | 3.50% | $0 |
| Capital One vs American Express | 3.60% | $0 |
| Capital One vs Bank of America | 0.01% | $100 |
| Capital One vs Barclays | 4.10% | $0 |
| Capital One vs Chase Bank | 0.01% | $0 |
| Capital One vs Chime | 3.75% | $0 |
| Capital One vs CIT Bank | 4.00% | $100 |
| Capital One vs Discover Bank | 3.60% | $0 |
| Capital One vs Fitness Bank | 5.00% | $100 |
| Capital One vs Marcus by Goldman Sachs | 3.65% | $0 |
| Capital One vs SoFi Bank | 3.80% | $0 |
| Capital One vs Synchrony Bank | 3.80% | $0 |
| Capital One vs Varo Bank | 5.00% | $0 |