Axos Bank vs. Pibank
Comparing Axos Bank and Pibank for high-yield savings: Axos Bank's Axos ONE pays 4.21% APY while Pibank's Pibank Savings pays 4.40% APY.
Note: Axos Bank requires a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $19 more than Axos Bank annually ($440 vs $421).
Choose Axos Bank if mobile app quality matters. Choose Pibank if getting the best rate matters most, or you want a no-strings-attached account.
Important Considerations
Axos Bank requires a checking account to unlock its top savings rate, while Pibank offers its savings account standalone.
| Metric | Axos BankAxos ONE Apr 21, 2026 | PibankPibank Savings Apr 21, 2026 |
|---|---|---|
| APY | 4.21% | 4.40% |
Est. Earnings | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$220 $10,000+$440 $25,000+$1,100 |
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. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsDaily CompoundingStable Rate |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Executive Summary
Pibank offers a competitive savings account with an APY of 4.40%, which is higher than Axos Bank's best option, the Axos ONE savings and checking bundle, at 4.21%. The Pibank Savings account stands out for its simplicity, requiring no direct deposit or bundling, making it accessible for all users. In contrast, to earn the highest APY at Axos Bank, customers must set up a direct deposit or meet specific balance requirements. Both banks provide online-only services and have no maintenance fees, but Pibank's account is more straightforward for users seeking higher returns without additional conditions.
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
- ✓Higher rated iOS app (4.7 vs 2.1)
- ✓Higher rated Android app (4.7 vs 1.8)
- ✓Offers 2 different high-yield savings options
Why Pibank?
- ✓Higher potential APY (4.40% vs 3.75%-4.21%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $440 vs $421/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1100 vs $1053/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Axos BankAxos Bank offers an iOS app rated 4.7 (vs. 2.1) and Android app rated 4.7 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $19 more interest on a $10,000 balance than Axos Bank's Axos ONE.
*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
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Axos Bank vs. Pibank Savings Calculator
You earn $19 more with Pibank than Axos Bank 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
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
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 $420 per year in interest.
Both Axos Bank and Pibank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Axos Bank | Pibank |
|---|---|---|
| APY | 4.21% Verified: 4/21/2026 ↘︎ 0.10%90d Change | 4.40% Verified: 4/21/2026 ↘︎ 0.20%90d Change |
| Product Name | Axos ONE | Pibank Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | Not required, but is the easiest way to earn the highest APY. | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| 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. | - |
| Next Steps | Visit SiteGo to Axos Bank * Secure link to our partner | Visit SiteVerify at Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Axos Bank | Pibank | ||
|---|---|---|---|---|
| Summit Savings | Axos ONE | High Yield Savings | Pibank Savings | |
Current APY | 3.75% | 4.21% | 0.61% | 4.40% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.8 | -4.6 | -0.0 | -0.2 |
Days Since Change | 131 | 80 | 365 | 5 |
12-Month High | 4.00% | 4.66% | 0.61% | 4.60% |
12-Month Low | 3.75% | 4.21% | 0.61% | 4.40% |
Adjustments / Mo | 0.08 | 0.33 | 0.00 | 0.08 |
Volatility Score | 0.032 | 0.038 | 0.000 | 0.006 |
How to read these metrics(Click to expand)
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