Axos Bank vs. Fnbo Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Axos Bank vs. FNBO Direct
Key Metrics at a Glance
| Feature | Axos Bank | FNBO Direct |
|---|---|---|
| Top Savings APY | 4.51% Axos ONE | 3.00% High-Yield Online Savings Account |
| Minimum to Open | $0 | $1 |
| Minimum Balance for Top APY | $0 | $0.01 |
| 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. |
Axos Bank
Strengths
- Axos Bank offers a high APY of 4.51% with the Axos ONE account.
- Axos Bank has a higher App Store rating of 4.7 compared to FNBO Direct's 4.5.
- Axos Bank has no maintenance fees on all accounts.
Potential Drawbacks
- Axos Bank requires either direct deposit or qualifying deposits to earn the highest APY.
- Axos Bank's High Yield Savings account has a significantly lower APY of 0.61%.
FNBO Direct
Strengths
- FNBO Direct offers a straightforward high-yield savings account with a 3.00% APY.
- FNBO Direct has a higher Google Play rating of 4.8 compared to Axos Bank's 4.5.
Potential Drawbacks
- FNBO Direct's APY of 3.00% is lower than Axos Bank's highest APY of 4.51%.
- FNBO Direct requires a minimum deposit of $1 to open the account.
Summary: Axos Bank's high-yield savings account offers a superior APY of 4.51%, but requires direct deposits or qualifying deposits. FNBO Direct provides a simpler account with a 3.00% APY and no direct deposit requirement, but it has a lower APY. Both banks have an A+ BBB rating, but Axos Bank has a slightly higher App Store rating, while FNBO Direct excels in Google Play ratings.
→ As of November 16, 2025 Axos Bank offers an APY of 4.51% for its Axos ONE account, with a minimum balance of $0, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
→ Axos Bank yields $151 more than FNBO Direct on a $10,000 balance after one year. Axos Bank pays $451, while FNBO Direct pays $300 - an APY advantage for Axos Bank.
→ In addition, Axos Bank also offers 4.00% APY for the Summit Savings account.
Calculate Savings Growth for Axos Bank vs FNBO Direct
All calculations are based on APY.
Axos Bank - Axos ONE
Top APY: 4.51%
Total savings breakdown:
- Interest earned: $2,766.7 (13.32%)
- Total contributions: $13,000 (62.60%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,766.70
Effective APY: 4.51% (based on your deposit and contributions)
Total balance: $20,766.7
Earnings: $2,766.7
FNBO Direct - High-Yield Online Savings Account
Top APY: 3.00%
Total savings breakdown:
- Interest earned: $1,798.2 (9.08%)
- Total contributions: $13,000 (65.66%)
- Initial deposit: $5,000 (25.25%)
Your total balance
$19,798.20
Effective APY: 3.00% (based on your deposit and contributions)
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $968.5 higher than FNBO Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Axos Bank's vs FNBO Direct's Savings Accounts
| Axos Bank | FNBO Direct | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | High Yield Savings | Summit Savings | vs | High-Yield Online Savings Account |
| APY | 4.51% (as of 11/16/2025) | 0.15% - 0.61% (as of 11/16/2025) | 4.00% (as of 11/16/2025) | 3.00% (as of 11/16/2025) | |
| Bundled Account | Yes | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $0 | $1 | |
| Minimum Balance for APY | $0 | $0 | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | $0 | $0 | |
| Direct Deposit Required | No. Not required, but is the easiest way to earn the highest APY. | 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. | This is a tiered savings account where rates vary based on the balance. The top APY may be earned on a balance up to $9,999.99, while balances above that receive an increasingly lower APY. | |||
| Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||||
| App Store Rating | 4.7/5 | 4.5/5 | |||
| Google Play Rating | 4.5/5 | 4.8/5 | |||
| BBB Rating | A+ | A+ | |||
Comparative Historical APY Insights (Last 4 Months)
| Axos Bank | FNBO Direct | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Summit Savings | Axos ONE | vs | High-Yield Online Savings Account |
| Latest APY | 0.61 % | 4.00 % | 4.51 % | 3.00 % | |
| Trend | Sideways | Sideways | Sideways | Falling | |
| Slope (bps/mo) | 0.0 | 0.0 | 0.5 | -9.6 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.53 | 0.26 | |
| Days Since Last Change | 111 | 111 | 44 | 44 | |
| High (-4 m) | 0.61 % | 4.00 % | 4.66 % | 3.25 % | |
| Low (-4 m) | 0.61 % | 4.00 % | 4.46 % | 3.00 % | |
| Draw-down from High | 0.0 % | 0.0 % | -3.2 % | -7.7 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.010 | 0.040 | |
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 114 days.
- Low (-4 m)
- Lowest APY in the last 114 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.