Axos Bank vs Chase Bank
High-Yield Savings Accounts Comparison

Last Updated: June 20, 2025

Summary of Axos Bank vs. Chase Bank

As of June 20, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Chase Bank's 0.01% APY for its Chase Savings℠ account.

Axos Bank yields $465 more than Chase Bank on a $10,000 balance after one year. Axos Bank pays $466, while Chase Bank pays $1 - 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 high APY of 4.66% for the Axos ONE account.
  • Axos Bank has an A+ BBB rating and is BBB Accredited.
  • No maintenance fees with Axos Bank's accounts.

Potential Drawbacks

  • Requires a minimum average daily balance of $1,500 in ONE Checking to earn the high APY.
  • Axos Bank has no physical branches.
  • Axos Bank's High Yield Savings has a lower APY of 0.61%.

Chase Bank

Strengths

  • Chase Bank has a higher App Store rating of 4.8.
  • Chase Bank offers multiple account options despite lower APY.
  • Chase Bank has a more favorable Google Play rating of 4.5.

Potential Drawbacks

  • Chase Bank's APY is significantly lower at 0.01%.
  • Chase Bank charges a $5 maintenance fee unless waived.
  • Chase Bank has no high-yield savings account with competitive APY.
Summary: Axos Bank provides a high APY of 4.66% for the Axos ONE account, but requires a $1,500 balance in ONE Checking to qualify. In contrast, Chase Bank offers a much lower APY of 0.01% with a $5 maintenance fee. While Chase has higher app ratings, Axos Bank's A+ BBB rating and absence of maintenance fees may appeal to savers looking for better yields.

Compare Axos Bank's vs Chase Bank's Savings Accounts

Axos BankChase Bank
ProductAxos ONEHigh Yield SavingsvsChase Savings℠
APY
4.66% (as of 6/20/2025)0.61% (as of 6/20/2025)0.01% (as of 6/20/2025)
Bundled Account
YesNoNo
FDIC-insured
YesYesYes
Online OnlyYesYesNo
Compound Frequency
DailyDailyMonthly
Minimum Deposit$0$0$0
Minimum Balance for APY$0$0$0
Maintenance Fee$0$0$5
Direct Deposit Required
Yes. Min. $1,500/month to ONE Checking.NoNo
NoteThis 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/AAPY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc.
Visit BankAxos ONEHigh Yield SavingsChase Savings℠
App Store Rating4.7/54.8/5
Google Play Rating4.4/54.5/5
BBB RatingA+A-

Comparative Historical APY Insights (Last 5 Months)

Axos BankChase Bank
ProductHigh Yield SavingsAxos ONEvsChase Savings℠
Latest APY0.61 %4.66 %0.01 %
TrendSidewaysFallingSideways
Slope (bps/mo)0.0-6.10.0
Rate Changes / Mo0.000.210.00
Days Since Last Change14381143
High (-5 m)0.61 %4.86 %0.01 %
Low (-5 m)0.61 %4.66 %0.01 %
Draw-down from High0.0 %-4.1 %0.0 %
Volatility (CV)0.0000.0210.000
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 144 days.
Low (-5 m)
Lowest APY in the last 144 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 Chase Bank

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 Details

Chase Bank

APY: 0.01%

Total savings breakdown:

  • Interest earned: $0.1 (0.01%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (99.99%)

Your total balance

$1,000.10

Effective APY: 0.01% (based on your deposit and contributions)

Total balance: $1,000.1

Earnings: $0.1

Bank Details

After 1 year Axos Bank would earn you $46.5 more than Chase Bank.

More Comparisons

Compare Axos Bank's APY of 4.66% with other banks
Compare Chase Bank's APY of 0.01% with other banks