Axos Bank vs. GO2bank
Comparing Axos Bank and GO2bank for high-yield savings: Axos Bank's Axos ONE pays 4.21% APY while GO2bank's High Yield Savings pays 4.50% APY.
Note: GO2bank caps its top rate at $5,000.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Axos Bank pays $196 more than GO2bank annually ($421 vs $225).
Choose Axos Bank if getting the best rate matters most, or BBB rating matters to you.
Important Considerations
Watch out: GO2bank's 4.50% APY only applies to the first $5,000. With a $10,000 balance, your effective rate drops to 2.25% APY ($225 annually).
At balances above $5,344, Axos Bank earns more due to GO2bank's APY cap.
Both banks require a checking account to access their highest savings rates.
| Metric | Axos BankAxos ONE Apr 21, 2026 | GO2bankHigh Yield Savings Apr 21, 2026 |
|---|---|---|
| APY | 4.21% | 0.00% - 4.50% |
Est. Earnings | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$225 $10,000+$225 $25,000+$225 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. 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. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleStable Rate |
Looking for Simplicity?
Don't want a checking bundle? We track many high-yield banks that offer competitive rates without checking requirements.
Executive Summary
GO2bank offers a competitive High Yield Savings account with an APY of 4.50%, but it requires a GO2bank checking account to open the savings account. This account earns interest only on balances up to $5,000, with higher amounts earning no interest. In contrast, Axos Bank's top product, the Axos ONE, provides a slightly lower APY of 4.21% but does not have an interest cap and offers the flexibility of earning higher returns on larger deposits. Additionally, Axos Bank features a Summit Savings account with a consistent APY of 3.75% without any requirements, making it a straightforward option for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Axos Bank?
- ✓Earn 0.51% APY on checking account
- ✓Access to 95,000 fee-free ATMs
- ✓Offers 2 different high-yield savings options
Why GO2bank?
- ✓Higher potential APY (4.50% vs 3.75%-4.21%) on balances up to $5,000 (requires checking bundle)
— Key Feature Differences —
Better Returns at $10,000
Axos BankAxos Bank's Axos ONE earns more on smaller deposits (approx. $421 vs $225/yr).
Better Returns at $25,000
Axos BankAxos Bank's Axos ONE pulls ahead with larger amounts (approx. $1053 vs $225/yr).
Best for Simplicity
Axos BankAxos Bank's Summit Savings offers 3.75% APY with no bundling, direct deposit requirement or caps.
Requires Banking Relationship
Both banks require a checking account bundle to access their highest rates.
Shared Benefits
Over a 1-year period, Axos Bank's Axos ONE pays $196 more interest on a $10,000 balance than GO2bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
* Secure link to our partner
Non-sponsored link to official site
Top Market Contenders
Axos Bank vs. GO2bank Savings Calculator
You earn $196 more with Axos Bank than GO2bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Axos Bank
Axos ONE
Savings Breakdown
- Interest Earned+$421.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,421.00
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$225.00(2.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,225.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $224 per year in interest.
Both Axos Bank and GO2bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Axos Bank | GO2bank |
|---|---|---|
| APY | 4.21% Verified: 4/21/2026 ↘︎ 0.10%90d Change | 4.50% 0Verified: 4/21/2026 Stable (90d) |
| Product Name | Axos ONE | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $5 per month, unless you set up direct deposit |
| Compound Frequency | Daily | Quarterly |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | N/A |
| Direct Deposit Req. | Not required, but is the easiest way to earn the highest APY. | None |
| Checking Bundle | Yes | Yes |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | F |
| Important Notes | The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. 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. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Next Steps | Visit SiteGo to Axos Bank * Secure link to our partner | Visit SiteVerify at GO2bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Axos Bank | GO2bank | ||
|---|---|---|---|---|
| Summit Savings | Axos ONE | High Yield Savings | High Yield Savings | |
Current APY | 3.75% | 4.21% | 0.61% | 4.50% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -4.4 | -4.5 | -0.0 | 0.0 |
Days Since Change | 131 | 80 | 258 | 258 |
8-Month High | 4.00% | 4.51% | 0.61% | 4.50% |
8-Month Low | 3.75% | 4.21% | 0.61% | 4.50% |
Adjustments / Mo | 0.12 | 0.35 | 0.00 | 0.00 |
Volatility Score | 0.032 | 0.028 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Axos Bank vs...
Comparing against other Bundled Accounts
Compare GO2bank vs...
Comparing against other Bundled Accounts
Simpler Options (No Bundles)
Looking for something different? Check out these top-rated alternatives.
More Comparisons
Compare Axos Bank's APY of 4.21% with other banks
Compare GO2bank's APY of 4.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| GO2bank vs Ally Bank | 3.10% | $0 |
| GO2bank vs American Express | 3.20% | $0 |
| GO2bank vs Barclays | 3.75% | $0 |
| GO2bank vs Capital One | 3.20% | $0 |
| GO2bank vs Chime | 3.00% | $0 |
| GO2bank vs CIT Bank | 3.75% | $100 |
| GO2bank vs Discover Bank | 3.30% | $0 |
| GO2bank vs EverBank | 3.90% | $0 |
| GO2bank vs Marcus by Goldman Sachs | 3.50% | $0 |
| GO2bank vs Newtek Bank | 4.20% | $0.01 |
| GO2bank vs Openbank | 4.00% | $500 |
| GO2bank vs Pibank | 4.40% | $0 |
| GO2bank vs SoFi Bank | 4.00% | $0 |
| GO2bank vs Synchrony Bank | 3.40% | $0 |
| GO2bank vs Varo Bank | 5.00% | $0 |
| GO2bank vs Wealthfront | 4.20% | $0 |