With the current Axos Bank High Yield Money Market Account, you can earn the current 0.25% APY along with fantastic features to take advantage of.
Through the money market account, you can take advantage of traditional savings with the advantage of high-interest rates and limited transactions.
American Express® High Yield Savings Account - You earn a competitive interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express® High Yield Savings account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Discover Bank Online Savings||$200 Bonus + 0.90% APY||Review|
|Aspiration||$150 Bonus + 1.00% APY||Review|
|Axos Business Savings||$200 Bonus + 0.20% APY||Review|
|UFB Money Market Account||1.62% APY||Review|
|UFB Savings||1.62% APY||Review|
|Quontic Bank Money Market||1.50% APY||Review|
|Quontic Bank High Yield Savings||1.25% APY||Review|
|American Express® High Yield Savings account||0.90% APY as of 6/21/22||Review|
|CIT Bank Money Market||0.85% APY + Amazon Prime Offer||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
Table of Contents
Axos Bank High Yield Money Market Summary
Because Axos Bank is a internet-only bank, you are able to take advantage of the best rates and features the bank has to offer. Through a vast array of checking and savings products, you can definitely find an account best catered to your financial needs. Furthermore, with decades of experience, Axos Bank will definitely walk you through every step of the way.
I’ll review Axos Bank High Yield Money Market below.
Axos Bank High Yield Money Market Account Info
- Direct Link to Offer
- Account Type: High Yield Money Market Account
- Interest Rate: 0.25% APY
- Availability: Nationwide
- Minimum Balance: $1,000
- Maximum Balance: None
- Credit Inquiry: Soft pull
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: See below
- Early Termination Fee:Unknown
- Insured: FDIC
(Visit Axos Bank for more details)
High Yield Money Market Account Rates
ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Open a High Yield Money Market Account
- Open a new Axos Bank High Yield Money Market Account
- Provide a minimum opening deposit of $1,000
- Deposit any amount to obtain the attractive 0.25% APY
Axos Bank High Yield Money Market Features
- FDIC Insured
- Check writing privileges
- No maintenance fees
- No monthly minimum balance requirements
- Debit card transactions
- $1000 minimum balance to open an account
Other Axos Bank Accounts To Consider
• Earn up to 0.61% APY with interest compounded daily and no monthly fees with the Axos Bank High Yield Savings account
• No minimum balance requirements
• Free ATM card upon request
• $250 minimum opening deposit
• Free Incoming Wires
To summarize, the current Axos Bank High Yield Money Market Account is the best choice for those who enjoy the security of traditional savings with the advantage of high-interest rates and limited transactions. Along with beneficial features and services, you can bank with safety knowing your account is SSL Encrypted.
Additionally, feel free to share your experiences with this bank by commenting below. Furthermore, for more bank offers, see the complete list of best bank rates or keep up with the latest Axos Bank Promotions!