Axos Bank vs. Go2bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Axos Bank vs. GO2bank
Key Metrics at a Glance
| Feature | Axos Bank | GO2bank |
|---|---|---|
| Top Savings APY | 4.51% Axos ONE | 4.50% High Yield Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| 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. | The 4.50% APY is up to 5,000. Balances above that earn no interest. |
Axos Bank
Strengths
- Axos Bank offers a higher APY of 4.51% compared to GO2bank's 4.50%.
- Axos Bank has an A+ BBB rating and is BBB Accredited.
- Axos Bank has no monthly maintenance fees.
Potential Drawbacks
- Axos Bank requires direct deposit or qualifying deposits to earn the highest APY.
- Axos Bank has no physical branches.
GO2bank
Strengths
- GO2bank has a higher App Store rating of 4.8 compared to Axos Bank's 4.7.
- GO2bank offers a straightforward APY with no balance tiers.
Potential Drawbacks
- GO2bank is not BBB Accredited and has no BBB rating.
- GO2bank charges a $5 monthly fee unless direct deposit is set up.
→ As of October 21, 2025 Axos Bank offers an APY of 4.51% for its Axos ONE account, with a minimum balance of $0, compared to GO2bank's 4.50% APY for its High Yield Savings account, with a minimum balance of $0.
→ Axos Bank yields $226 more than GO2bank on a $10,000 balance after one year. Axos Bank pays $451, while GO2bank pays $225 (with an effective APY of 2.25%) - 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 GO2bank
Axos Bank - Axos ONE
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
Total balance: $20,766.7
Earnings: $2,766.7
GO2bank - High Yield Savings
ℹ️You earn 4.50% on the first $5,000 and 0.00% on the rest.
Total savings breakdown:
- Interest earned: $1,230.9 (6.40%)
- Total contributions: $13,000 (67.60%)
- Initial deposit: $5,000 (26.00%)
Your total balance
$19,230.90
Total balance: $19,230.9
Earnings: $1,230.9
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $1,535.8 higher than GO2bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Axos Bank's vs GO2bank's Savings Accounts
| Axos Bank | GO2bank | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | Summit Savings | High Yield Savings | vs | High Yield Savings |
| APY | 4.51% (as of 10/21/2025) | 4.00% (as of 10/21/2025) | 0.61% (as of 10/21/2025) | 0.00% - 4.50% (as of 10/21/2025) | |
| Bundled Account | Yes | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | Quarterly | |
| Minimum Deposit | $0 | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | $0 | $0 | |
| Maintenance Fee | $0 | $0 | $0 | $5 per month, unless you set up direct deposit | |
| 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. | The 4.50% APY is up to 5,000. Balances above that earn no interest. | |||
| Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||||
| App Store Rating | 4.7/5 | 4.8/5 | |||
| Google Play Rating | 4.5/5 | 4.6/5 | |||
| BBB Rating | A+ | Not Rated | |||
Comparative Historical APY Insights (Last 3 Months)
| Axos Bank | GO2bank | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Summit Savings | Axos ONE | vs | High Yield Savings |
| Latest APY | 0.61 % | 4.00 % | 4.51 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | 0.0 | 2.2 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.39 | 0.00 | |
| Days Since Last Change | 76 | 76 | 18 | 76 | |
| High (-3 m) | 0.61 % | 4.00 % | 4.51 % | 4.50 % | |
| Low (-3 m) | 0.61 % | 4.00 % | 4.46 % | 4.50 % | |
| Draw-down from High | 0.0 % | 0.0 % | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.005 | 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 77 days.
- Low (-3 m)
- Lowest APY in the last 77 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.