Axos Bank vs Fitness Bank
High-Yield Savings Accounts Comparison
Last Updated: July 7, 2025
Summary of Axos Bank vs. Fitness Bank
As of July 7, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Fitness Bank's 5.00% APY for its Fitness Elite Checking & Fitness Savings Combo account.
Fitness Bank yields $34 more than Axos Bank on a $10,000 balance after one year. Axos Bank pays $466, while Fitness Bank pays $500 - an APY advantage for Fitness Bank.
In addition, Axos Bank also offers 4.00% APY for the Summit Savings account, while Fitness Bank offers 4.55% APY for the Fitness Savings Account account.
Axos Bank
Strengths
- Axos Bank offers a competitive APY of 4.66% for the Axos ONE savings account.
- Axos Bank has an A+ BBB rating and is BBB Accredited.
- Axos Bank's app has a high rating of 4.7 on the App Store.
Potential Drawbacks
- To earn the highest APY, Axos Bank requires either a direct deposit or qualifying deposits.
Fitness Bank
Strengths
- Fitness Bank provides a high APY of 5.00% for the Fitness Elite Checking & Fitness Savings Combo.
- Fitness Bank has a tiered structure that rewards active users with a higher APY.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and no rating on Google Play.
- The Fitness Elite Checking & Fitness Savings Combo requires 15 debit transactions and daily step tracking for the highest APY.
Compare Axos Bank's vs Fitness Bank's Savings Accounts
Axos Bank | Fitness Bank | |||||
---|---|---|---|---|---|---|
Product | Axos ONE | Summit Savings | High Yield Savings | vs | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo |
APY | 4.66% (as of 7/7/2025) | 4.00% (as of 7/7/2025) | 0.61% (as of 7/7/2025) | 4.55% (as of 7/7/2025) | 5.00% (as of 7/7/2025) | |
Bundled Account | Yes | No | No | No | Yes | |
FDIC-insured | Yes | Yes | Yes | Yes | Yes | |
Online Only | Yes | Yes | Yes | Yes | Yes | |
Compound Frequency | Daily | Daily | Daily | Daily | Daily | |
Minimum Deposit | $0 | $0 | $0 | $100 | $100 | |
Minimum Balance for APY | $0 | $0 | $0 | $100 | $100 | |
Maintenance Fee | $0 | $0 | $0 | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | |
Direct Deposit Required | No. Not required, but is the easiest way to earn the highest APY. | No | No | No | No | |
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 | N/A | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | |
Visit Bank | Axos ONE | Summit Savings | High Yield Savings | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | |
App Store Rating | 4.7/5 | 1.7/5 | ||||
Google Play Rating | 4.5/5 | No | ||||
BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 4 Months)
Axos Bank | Fitness Bank | |||||
---|---|---|---|---|---|---|
Product | High Yield Savings | Summit Savings | Axos ONE | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
Latest APY | 0.61 % | 4.00 % | 4.66 % | 5.00 % | 4.55 % | |
Trend | Sideways | Sideways | Sideways | Sideways | Sideways | |
Slope (bps/mo) | -0.0 | 0.0 | -3.8 | 0.0 | -0.0 | |
Rate Changes / Mo | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | |
Days Since Last Change | 112 | 7 | 97 | 112 | 112 | |
High (-4 m) | 0.61 % | 4.00 % | 4.86 % | 5.00 % | 4.55 % | |
Low (-4 m) | 0.61 % | 4.00 % | 4.66 % | 5.00 % | 4.55 % | |
Draw-down from High | 0.0 % | 0.0 % | -4.1 % | 0.0 % | 0.0 % | |
Volatility (CV) | 0.000 | 0.000 | 0.015 | 0.000 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 4 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 (-4 m)
- Highest APY in the last 113 days.
- Low (-4 m)
- Lowest APY in the last 113 days.
- Draw-down from High
- How far today sits below the 4-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 Fitness Bank
Axos Bank
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
Total balance: $1,046.6
Earnings: $46.6
Bank DetailsFitness Bank
Total savings breakdown:
- Interest earned: $50 (4.76%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.24%)
Your total balance
$1,050.00
Total balance: $1,050
Earnings: $50
Bank DetailsAfter 1 year Axos Bank would earn you $3.4 less than Fitness Bank.
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 Capital One | 3.50% | $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 | 3.50% | $0 |
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 Fitness Bank's APY of 5.00% with other banks
Bank Pair | Best APY | Min Deposit |
---|---|---|
Fitness Bank vs Ally Bank | 3.50% | $0 |
Fitness Bank vs American Express | 3.60% | $0 |
Fitness Bank vs Bank of America | 0.01% | $100 |
Fitness Bank vs Barclays | 4.10% | $0 |
Fitness Bank vs Capital One | 3.50% | $0 |
Fitness Bank vs Chase Bank | 0.01% | $0 |
Fitness Bank vs Chime | 3.75% | $0 |
Fitness Bank vs CIT Bank | 4.00% | $100 |
Fitness Bank vs Discover Bank | 3.50% | $0 |
Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
Fitness Bank vs SoFi Bank | 3.80% | $0 |
Fitness Bank vs Synchrony Bank | 3.80% | $0 |
Fitness Bank vs Varo Bank | 5.00% | $0 |