Axos Bank vs. Vio Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Axos Bank vs. Vio Bank

Key Metrics at a Glance

FeatureAxos BankVio Bank
Top Savings APY

4.51%

Axos ONE

4.21%

Online Savings Account

Minimum to Open$0$100
Minimum Balance for Top APY$0$0
NoteThis 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 higher APY of 4.51% compared to Vio Bank's 4.21%.
  • Axos Bank has a better App Store rating of 4.7 versus Vio Bank's 4.6.
  • Both banks are BBB Accredited with an A+ rating.

Potential Drawbacks

  • Axos Bank requires a minimum deposit of $0 for its highest APY account.
  • Axos Bank's Google Play rating is 4.5, higher than Vio Bank's 3.3, but still lower than its App Store rating.

Vio Bank

Strengths

  • Vio Bank has no minimum balance requirement for its savings account.
  • Vio Bank's maintenance fee is $0 if electronic statements are selected.

Potential Drawbacks

  • Vio Bank's APY of 4.21% is lower than Axos Bank's 4.51%.
  • Vio Bank has a lower Google Play rating of 3.3 compared to Axos Bank's 4.5.
Summary: Axos Bank offers a higher APY of 4.51% for its savings account compared to Vio Bank's 4.21%. Both banks have an A+ BBB rating, but Axos Bank has a better App Store rating. Vio Bank has no minimum balance requirement and offers a $0 maintenance fee with electronic statements, which may appeal to some customers. However, Vio Bank's lower Google Play rating suggests potential user experience issues.

→ As of November 12, 2025 Axos Bank offers an APY of 4.51% for its Axos ONE account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.

Axos Bank yields $30 more than Vio Bank on a $10,000 balance after one year. Axos Bank pays $451, while Vio Bank pays $421 - 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 Vio Bank

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

Vio Bank - Online Savings Account

Top APY: 4.21%

Total savings breakdown:

  • Interest earned: $2,570.8 (12.50%)
  • Total contributions: $13,000 (63.20%)
  • Initial deposit: $5,000 (24.31%)

Your total balance

$20,570.80

Effective APY: 4.21% (based on your deposit and contributions)

Total balance: $20,570.8

Earnings: $2,570.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $195.9 higher than Vio Bank's total earnings.

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Compare Axos Bank's vs Vio Bank's Savings Accounts

Axos BankVio Bank
ProductAxos ONESummit SavingsHigh Yield SavingsvsOnline Savings Account
APY
4.51% (as of 11/12/2025)4.00% (as of 11/12/2025)0.61% (as of 11/12/2025)4.21% (as of 11/12/2025)
Bundled Account
YesNoNoNo
FDIC-insured
YesYesYesYes
Online OnlyYesYesYesYes
Compound Frequency
DailyDailyDailyDaily
Minimum Deposit$0$0$0$100
Minimum Balance for APY$0$0$0$0
Maintenance Fee$0$0$0$0, if electronic statements selected, otherwise $5
Direct Deposit Required
No. Not required, but is the easiest way to earn the highest APY.NoNoNo
NoteThis 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.
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App Store Rating4.7/54.6/5
Google Play Rating4.5/53.3/5
BBB RatingA+A+

No historical data available.

More Comparisons

Compare Axos Bank's APY of 4.51% with other banks
Compare Vio Bank's APY of 4.21% with other banks