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High-Yield Savings Account Comparison

Axos Bank vs. Chime

Axos Bank's Axos ONE Savings pays 4.21% APY while Chime's Chime High-Yield Savings Account pays 3.75% APY.

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

Analysis by Aviel Fahl
Newest reading September 7, 2026

The Bottom Line

Who pays more interest on $10,000? Axos Bank pays $46 more than Chime annually ($421 vs $375).

Choose Axos Bank if getting the best rate matters most.

Important Considerations

Confirmed:

Both Axos ONE Savings and Chime High-Yield Savings Account pay their top rate only if you also open a checking account at the same institution.

Comparison of Axos Bank vs Chime savings accounts
Metric

Axos Bank

Axos ONE Savings

Sep 5, 2026

Chime

Chime High-Yield Savings Account

Sep 7, 2026
APY3.50% - 4.21%3.75%
Earns in a year
$5,000+$211
$10,000+$421
$25,000+$1,053
$5,000+$188
$10,000+$375
$25,000+$938
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.-
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingStable Rate
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking BundleDaily Compounding

Looking for Simplicity?

Don't want a checking bundle? We track many savings and money market accounts that pay competitive rates without checking requirements.

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Comparison Analysis

Comparing Axos Bank vs. Chime

Newest reading:

Executive Summary

Axos Bank offers a competitive Axos ONE Savings account with a high APY of 4.21%, available through a savings and checking bundle. To qualify, customers must set up a direct deposit of $1,500 or maintain a balance of $5,000 in their checking account. Alternatively, the Summit Savings account provides a simpler option with a 3.75% APY and no direct deposit requirement. In comparison, Chime's High-Yield Savings Account matches the 3.75% APY but requires a direct deposit to earn this rate. Overall, Axos Bank's Axos ONE Savings account stands out with its higher APY.

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 3.75%) on all balances
  • Offers 3 different high-yield savings options

Why Chime?

No distinct advantages found vs Axos Bank.

Key Feature Differences

Better Returns at $10,000
Axos Bank

Axos Bank's Axos ONE Savings earns more on smaller deposits (approx. $421 vs $375/yr).

Better Returns at $25,000
Axos Bank

Axos Bank's Axos ONE Savings pulls ahead with larger amounts (approx. $1053 vs $938/yr).

Better for Simplicity
Axos Bank

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

Requires Banking Relationship

Axos ONE Savings and Chime High-Yield Savings Account both require a checking account bundle and qualifying requirements to pay their highest rates.

Better Mobile App Experience
Chime

Chime offers an iOS app rated 4.8 (vs. 4.7) and Android app rated 4.7 (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 $46 more interest on a $10,000 balance than Chime's Chime High-Yield Savings Account.

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

ChimeAxos Bank
Verify At
Axos Bank

Non-sponsored link to official site

Verify At
Chime

Non-sponsored link to official site

Top Market Contenders

American Express
3.00% APY
Synchrony Bank
3.30% APY
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3.40% APY

Axos Bank vs. Chime Savings Calculator

Calculations based on current APY for Axos ONE Savings and Chime High-Yield Savings Account
$
$

You earn $46 more with Axos Bank than Chime 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%

Chime

Chime High-Yield Savings Account

3.75% APY

Savings Breakdown

  • Interest Earned
    +$375.00(3.6%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,375.00

Effective APY
3.75%

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

Still at a large branch bank?

A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $370 a year in interest.

Both Axos Bank and Chime advertise far more than that typical branch-bank rate.

0.05% APY at a typical branch bank, against 3.75%+ here
See the highest rates
FeatureAxos BankChime
APY
4.21%
Range: 3.50% - 4.21%
Observed: 9/5/2026
Stable over 90 days
3.75%
Observed: 9/7/2026
Stable over 90 days
Product NameAxos ONE SavingsChime High-Yield Savings Account
Minimum Deposit$0$0
Min. Balance for APY$0$0.01
Monthly Fee$0$0
Compound FrequencyDailyDaily
In-Branch AccessNoNo
Account Type
Online Only
Online Only
Physical Branches3 (CA, NV, UT)Not reported
Direct Deposit Req.None
Required
Checking Bundle Yes Yes
Mobile Apps
iOS4.7
Android4.6
iOS4.8
Android4.7
FDIC or NCUA Insured
Yes
Zelle® Support
Not Supported
Not Supported
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.-
Next Steps
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Compare Savings Rates Over Time

Historical Performance

Last 7 Months Analysis
MetricAxos Bank
Axos ONE Savings
Current APY
4.21%
Trend
Stable
Speed of change
0.00
Days Since Change
201
7-Month High
4.21%
7-Month Low
4.21%
Changes per month
0.00
Steadiness
0.000
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 202-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.

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More Comparisons

Compare Axos Bank's APY of 4.21% with other banks
Compare Chime's APY of 3.75% with other banks