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.
Summary: Axos Bank's Axos ONE offers a solid APY of 4.66% with an A+ BBB rating, while Fitness Bank's Fitness Elite Checking & Savings Combo provides a higher APY of 5.00%, but with strict activity requirements. Axos Bank's app ratings are significantly better than Fitness Bank's, which has low ratings on both app platforms. Users may prefer Axos for simplicity, while Fitness Bank appeals to those who are active and can meet its conditions.

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

Axos BankFitness Bank
ProductAxos ONESummit SavingsHigh Yield SavingsvsFitness Savings AccountFitness 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
YesNoNoNoYes
FDIC-insured
YesYesYesYesYes
Online OnlyYesYesYesYesYes
Compound Frequency
DailyDailyDailyDailyDaily
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.NoNoNoNo
NoteThis 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/AN/AThis 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 BankAxos ONESummit SavingsHigh Yield SavingsFitness Savings AccountFitness Elite Checking & Fitness Savings Combo
App Store Rating4.7/51.7/5
Google Play Rating4.5/5No
BBB RatingA+A+

Comparative Historical APY Insights (Last 4 Months)

Axos BankFitness Bank
ProductHigh Yield SavingsSummit SavingsAxos ONEvsFitness Elite Checking & Fitness Savings ComboFitness Savings Account
Latest APY0.61 %4.00 %4.66 %5.00 %4.55 %
TrendSidewaysSidewaysSidewaysSidewaysSideways
Slope (bps/mo)-0.00.0-3.80.0-0.0
Rate Changes / Mo0.000.000.270.000.00
Days Since Last Change112797112112
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 High0.0 %0.0 %-4.1 %0.0 %0.0 %
Volatility (CV)0.0000.0000.0150.0000.000
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

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

Fitness 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 Details

After 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
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