Axos Bank vs. Valley Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Axos Bank vs. Valley Direct
Key Metrics at a Glance
| Feature | Axos Bank | Valley Direct |
|---|---|---|
| Top Savings APY | 4.51% Axos ONE | 4.10% High-Yield Savings Account |
| Minimum to Open | $0 | $1,000 |
| 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. | Promo. Eligibility restricted to new customers. |
Axos Bank
Strengths
- Axos Bank offers a higher APY of 4.51% compared to Valley Direct's 4.10%.
- Axos Bank has an A+ BBB rating and is accredited.
- Axos Bank has no maintenance fees for any accounts.
Potential Drawbacks
- Axos Bank has no physical branches, limiting in-person service.
- Axos Bank's high APY requires specific conditions for qualification.
Valley Direct
Strengths
- Valley Direct allows account servicing at physical branches in NJ, NY, FL, and AL.
- Valley Direct has a higher App Store rating of 4.8.
Potential Drawbacks
- Valley Direct's high-yield savings account requires a minimum deposit of $1,000.
- Valley Direct is not BBB accredited despite having an A+ rating.
Summary: Axos Bank's high-yield savings account offers a superior APY of 4.51% with no maintenance fees, but requires specific conditions. Valley Direct, while offering branch access and a higher App Store rating, has a lower APY of 4.10% and a $1,000 minimum deposit requirement. Both banks have an A+ BBB rating, but only Axos is accredited.
→ 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 Valley Direct's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
→ Axos Bank yields $41 more than Valley Direct on a $10,000 balance after one year. Axos Bank pays $451, while Valley Direct pays $410 - 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 Valley 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
Valley Direct - High-Yield Savings Account
Top APY: 4.10%
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Effective APY: 4.10% (based on your deposit and contributions)
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $267.3 higher than Valley 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 Valley Direct's Savings Accounts
| Axos Bank | Valley Direct | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | High Yield Savings | Summit Savings | vs | High-Yield 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) | 4.10% (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 | Daily | |
| Minimum Deposit | $0 | $0 | $0 | $1,000 | |
| 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 | |
| Eligibility | United States | United States | United States | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | |
| 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. | Promo. Eligibility restricted to new customers. | ||
| Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||||
| App Store Rating | 4.7/5 | 4.8/5 | |||
| Google Play Rating | 4.5/5 | 4.5/5 | |||
| BBB Rating | A+ | A+ | |||
Comparative Historical APY Insights (Last 11 Months)
| Axos Bank | Valley Direct | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Summit Savings | Axos ONE | vs | High-Yield Savings Account |
| Latest APY | 0.61 % | 4.00 % | 4.51 % | 4.10 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -0.0 | 0.0 | -4.3 | 2.6 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.27 | 0.72 | |
| Days Since Last Change | 312 | 139 | 44 | 51 | |
| High (-11 m) | 0.61 % | 4.00 % | 4.86 % | 4.55 % | |
| Low (-11 m) | 0.61 % | 4.00 % | 4.46 % | 3.75 % | |
| Draw-down from High | 0.0 % | 0.0 % | -7.2 % | -9.9 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.032 | 0.051 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 11 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 (-11 m)
- Highest APY in the last 334 days.
- Low (-11 m)
- Lowest APY in the last 334 days.
- Draw-down from High
- How far today sits below the 11-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.