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Savings Account Comparison

Axos Bank vs. Chase Bank

Axos Bank's Axos ONE Savings pays 4.21% APY while Chase Bank's Chase Savings℠ pays 0.01% APY.

Note: Axos Bank's Axos ONE Savings also needs a checking account.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Newest reading September 4, 2026

The Bottom Line

Who pays more interest on $10,000? Axos Bank pays $420 more than Chase Bank annually ($421 vs $1).

Choose Axos Bank if getting the best rate matters most. Choose Chase Bank if you want a no-strings-attached account, or you want Zelle for quick transfers.

Important Considerations

Confirmed:

Axos Bank's Axos ONE Savings pays its top rate only if you also open a checking account with Axos Bank, while Chase Bank's Chase Savings℠ stands alone.

Comparison of Axos Bank vs Chase Bank savings accounts
Metric

Axos Bank

Axos ONE Savings

Sep 4, 2026

Chase Bank

Chase Savings℠

Sep 3, 2026
APY3.50% - 4.21%0.01%
Earns in a year
$5,000+$211
$10,000+$421
$25,000+$1,053
$5,000+$1
$10,000+$1
$25,000+$3
Min. Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. 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.APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc.
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingStable Rate
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedStable Rate

Comparison Analysis

Comparing Axos Bank vs. Chase Bank

Newest reading:

Executive Summary

Axos Bank offers a significantly higher APY of 4.21% with its Axos ONE Savings account, which is available when bundled with a checking account and requires either a direct deposit of $1,500 or monthly qualifying deposits of $5,000. In contrast, Chase Bank's highest yielding savings product, the Chase Savings℠ account, offers a minimal APY of 0.01%. While Chase provides a better mobile app experience, its savings options lack competitive interest rates compared to Axos Bank. For those seeking simplicity without bundling, Axos Bank's Summit Savings at 3.75% APY is another viable option.

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?

  • Access to 95,000 fee-free ATMs
  • Higher potential APY (3.50%-4.21% vs 0.01%) on all balances

Why Chase Bank?

  • Fast transfers via Zelle® (up to $2,000 a day)

Key Feature Differences

Better Returns at $10,000
Axos Bank

Axos Bank's Axos ONE Savings earns more on smaller deposits (approx. $421 vs $1/yr).

Better Returns at $25,000
Axos Bank

Axos Bank's Axos ONE Savings pulls ahead with larger amounts (approx. $1053 vs $3/yr).

Better for Simplicity
Axos Bank

Axos Bank's Summit Savings offers 3.75% APY with no bundling, direct deposit requirement or caps.

Better for All-in-One Banking
Axos Bank

Axos Bank's Axos ONE Savings pays a superior APY for customers who also open a checking account.

Better Mobile App Experience
Chase Bank

Chase Bank offers an iOS app rated 4.8 (vs. 4.7) and Android app rated 4.8 (vs. 4.6)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Axos Bank's Axos ONE Savings pays $420 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Chase BankAxos Bank
Go to Site
Axos Bank

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Chase Bank

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Top Market Contenders

Ally Bank
3.00% APY
Synchrony Bank
3.30% APY
Marcus by Goldman Sachs
3.40% APY

Axos Bank vs. Chase Bank Savings Calculator

Calculations based on current APY for Axos ONE Savings and Chase Savings℠
$
$

You earn $420 more with Axos Bank than Chase 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

4.21% APY
Tiered rates: 4.21% ($0 - $249,999.99), 3.50% ($250,000+)

Savings Breakdown

  • Interest Earned
    +$421.00(4.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,421.00

Effective APY
4.21%

Chase Bank

Chase Savings℠

0.01% APY

Savings Breakdown

  • Interest Earned
    +$1.00(0.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,001.00

Effective APY
0.01%

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

FeatureAxos BankChase Bank
APY
4.21%
Range: 3.50% - 4.21%
Observed: 9/4/2026
Stable over 90 days
0.01%
Observed: 9/3/2026
Stable over 90 days
Product NameAxos ONE SavingsChase Savings℠
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$5
Compound FrequencyDailyMonthly
In-Branch AccessNoYes
Account Type
Online Only
Online & Branches
Physical Branches3 (CA, NV, UT)5,392 (AL, AR, AZ, CA, CO, CT, DC, DE (+41 more))
Direct Deposit Req.NoneNone
Checking Bundle YesNo
Mobile Apps
iOS4.7
Android4.6
iOS4.8
Android4.8
FDIC or NCUA Insured
Zelle® Support
Not Supported
Available
Limit: $2,000/dayBranded as Chase QuickPay; dynamic limits up to $10k.
BBB RatingA+A-
Important NotesThe APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. 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.APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc.
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Compare Savings Rates Over Time

Historical Performance

Last 12 Months Analysis
MetricAxos BankChase Bank
Axos ONE SavingsSummit SavingsHigh Yield SavingsChase Savings℠
Current APY
4.21%3.75%0.61%0.01%
Trend
Stable Stable Stable Stable
Speed of change
-0.04-0.06-0.000.00
Days Since Change
214267361361
12-Month High
4.51%4.00%0.61%0.01%
12-Month Low
4.21%3.75%0.61%0.01%
Changes per month
0.250.080.000.00
Steadiness
0.0230.0300.0000.000
How to read these metrics(Click to expand)

Trends and speed

  • Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
  • Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
  • Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 364-day window.
  • Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
  • Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.

More Comparisons

Compare Axos Bank's APY of 4.21% with other banks
Compare Chase Bank's APY of 0.01% with other banks