Axos Bank vs Fitness Bank
High-Yield Savings Accounts Comparison
Last Updated: June 16, 2025
Summary of Axos Bank vs. Fitness Bank
As of June 16, 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 0.61% APY for the High Yield Savings account, while Fitness Bank offers 4.55% APY for the Fitness Savings Account account.
Axos Bank
Strengths
- Axos Bank offers a high yield savings account with a competitive APY of 0.61%.
- Axos Bank has a strong BBB rating of A+ and is BBB Accredited.
- Axos Bank has a higher App Store rating of 4.7 compared to Fitness Bank.
Potential Drawbacks
- Axos Bank's high yield savings account requires maintaining a $1,500 average daily balance in ONE Checking for the best APY.
Fitness Bank
Strengths
- Fitness Bank's savings account offers a higher APY of 4.55% with a minimum balance of $100.
- Fitness Bank has no direct deposit requirement for its savings account.
Potential Drawbacks
- Fitness Bank has a significantly lower App Store rating of 1.7 and a Google Play rating of 0.0.
- Fitness Bank's accounts require tracking steps and maintaining balances for higher APY tiers.
Summary: Axos Bank provides a solid high yield savings account with a 0.61% APY and strong BBB rating, but requires maintaining a $1,500 balance in ONE Checking. In contrast, Fitness Bank offers a higher 4.55% APY with lower minimums but imposes additional requirements like tracking steps for optimal rates and has poor app ratings.
Compare Axos Bank's vs Fitness Bank's Savings Accounts
| Axos Bank | Fitness Bank | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | High Yield Savings | vs | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo |
| APY | 4.66% (as of 6/16/2025) | 0.61% (as of 6/16/2025) | 4.55% (as of 6/16/2025) | 5.00% (as of 6/16/2025) | |
| Bundled Account | Yes | No | No | Yes | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $100 | $100 | |
| Minimum Balance for APY | $0 | $0 | $100 | $100 | |
| Maintenance Fee | $0 | $0 | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | |
| Direct Deposit Required | Yes. Min. $1,500/month to ONE Checking. | No | 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 | 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 | High Yield Savings | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | |
| App Store Rating | 4.7/5 | 1.7/5 | |||
| Google Play Rating | 4.4/5 | No | |||
| BBB Rating | A+ | A+ | |||
Comparative Historical APY Insights (Last 3 Months)
| Axos Bank | Fitness Bank | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Axos ONE | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| Latest APY | 0.61 % | 4.66 % | 5.00 % | 4.55 % | |
| Trend | Sideways | Falling | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -5.4 | 0.0 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.33 | 0.00 | 0.00 | |
| Days Since Last Change | 91 | 76 | 91 | 91 | |
| High (-3 m) | 0.61 % | 4.86 % | 5.00 % | 4.55 % | |
| Low (-3 m) | 0.61 % | 4.66 % | 5.00 % | 4.55 % | |
| Draw-down from High | 0.0 % | -4.1 % | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.016 | 0.000 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 92 days.
- Low (-3 m)
- Lowest APY in the last 92 days.
- Draw-down from High
- How far today sits below the 3-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
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 DetailsFitness Bank
APY: 5.00%
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
Effective APY: 5.00% (based on your deposit and contributions)
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 | 3.60% | $0 |
| Axos Bank vs American Express | 3.60% | $0 |
| Axos Bank vs Bank of America | 0.01% | $100 |
| Axos Bank vs Barclays | 4.20% | $0 |
| Axos Bank vs Capital One | 3.60% | $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 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 | 3.60% | $0 |
| Fitness Bank vs American Express | 3.60% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.20% | $0 |
| Fitness Bank vs Capital One | 3.60% | $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 | 3.60% | $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 |