Axos Bank vs. Wealthfront

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Axos Bank vs. Wealthfront

Key Metrics at a Glance

FeatureAxos BankWealthfront
Top Savings APY

4.51%

Axos ONE

4.15%

Cash Account

Minimum to Open$0$0
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.Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront.

Axos Bank

Strengths

  • Axos Bank offers a higher APY of 4.51% with the Axos ONE account.
  • Axos Bank has an A+ BBB rating and is BBB Accredited.
  • Axos Bank has a solid App Store rating of 4.7.

Potential Drawbacks

  • Axos Bank requires either direct deposits or qualifying monthly deposits to earn the highest APY.

Wealthfront

Strengths

  • Wealthfront's Cash Account has a competitive APY of 4.15% for the first 3 months.
  • Wealthfront has an excellent Google Play rating of 4.9.

Potential Drawbacks

  • Wealthfront has an F BBB rating and is not BBB Accredited.
  • After 3 months, Wealthfront's APY drops to 3.50%.
Summary: Axos Bank provides a higher APY of 4.51% with specific deposit requirements, alongside an A+ BBB rating. In contrast, Wealthfront offers an initial APY of 4.15% for 3 months, but drops to 3.50% afterward, and has an F BBB rating. Both banks operate online-only with no branches, but Axos Bank has a slightly lower App Store rating compared to Wealthfront's high ratings.

→ 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 Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.

Axos Bank yields $36 more than Wealthfront on a $10,000 balance after one year. Axos Bank pays $451, while Wealthfront pays $415 - 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 Wealthfront

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

Wealthfront - Cash Account

Top APY: 4.15%

Total savings breakdown:

  • Interest earned: $2,531.8 (12.33%)
  • Total contributions: $13,000 (63.32%)
  • Initial deposit: $5,000 (24.35%)

Your total balance

$20,531.80

Effective APY: 4.15% (based on your deposit and contributions)

Total balance: $20,531.8

Earnings: $2,531.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $234.9 higher than Wealthfront's total earnings.

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

Compare Axos Bank's vs Wealthfront's Savings Accounts

Axos BankWealthfront
ProductAxos ONESummit SavingsHigh Yield SavingsvsCash Account
APY
4.51% (as of 11/12/2025)4.00% (as of 11/12/2025)0.61% (as of 11/12/2025)3.50% - 4.15% (as of 11/12/2025)
Bundled Account
YesNoNoNo
FDIC-insured
YesYesYesYes
Online OnlyYesYesYesYes
Compound Frequency
DailyDailyDailyDaily
Minimum Deposit$0$0$0$0
Minimum Balance for APY$0$0$0$0
Maintenance Fee$0$0$0$0
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.Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront.
Sponsored Link
App Store Rating4.7/54.8/5
Google Play Rating4.5/54.9/5
BBB RatingA+F

No historical data available.

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