Available nationwide, Axos Bank is offering a $300 bonus and up to 3.30% APY on balances of up to $50,000 when you open an Axos Bank Rewards Checking Accounts.
Update 4/26/24: There is now no initial deposit requirement (prior, a minimum deposit requirement of $50 was required to open the account).
Axos Bank Rewards Checking $300 Bonus
Use the promo code AXOS300 when you apply for a Rewards Checking account by June 30th, 2024. Then have qualifying direct deposits to earn up to a $300 bonus!
Axos Bank Rewards Checking
- Learn More at Axos Bank
- What you’ll get: $300 bonus + Up to 3.30%
- Account Type: Rewards Checking
- Availability: Nationwide, Online
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: None
- Monthly Fee: None
- Early Account Termination Fee: $100 if closed within 180 days.
- Household Limit: None
(Visit Axos Bank to learn more)
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KeyBank Key Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How To Earn Bonus
- Open a new Rewards Checking account and use the promo code AXOS300
- Deposit New-to-Axos bank funds into your new Rewards Checking account within 30 days of account opening. You must have qualifying direct deposits that total at least $5,000 each calendar month during the first seven (7) calendar months your account is open.
- You must also maintain a minimum average daily balance of $7,000 in your Rewards Checking account. The minimum average daily balance must be achieved and maintained from September 2023 through March 2024, to receive your new welcome bonus.
Axos Bank Rewards Checking Benefits
- Use the promo code AXOS300 when you apply for a Rewards Checking account by June 30th, 2024. Then have qualifying direct deposits to earn up to a $300 bonus!†
- Build your own APY with up to 3.30% APY*
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- No initial deposit requirement
- Unlimited domestic ATM fee reimbursements
- Online debit card management
- Simple, 3-step process for direct deposit
Axos Bank Rewards Checking 3.30% APY Rate
Axos Rewards Checking has no maintenance fees and no minimum balance requirements either.
However, there are qualifying activities you need to do each month to earn the full competitive rate:
- 0.40% APY: Receive direct deposits totaling $1,500
- +0.30% APY: Make 10 debit card purchases
- +1.00% APY: Maintain an average daily balance of $2,500 per month in an Axos Invest Managed Portfolios Account.
- +1.00% APY: Maintain an average daily balance of $2,500 in an Axos Self Directed Trading Invest Account
- +0.60% APY: Use your Rewards Checking account to make your full monthly Axos consumer loan payment
Keep in mind that to be eligible for interest at all, you’ll need to meet that first direct deposit requirement.
The bank does not charge NSF or overdraft fees and offers unlimited reimbursements on any domestic ATM fees incurred.
Bottom Line
If you’re a heavy debit card user, definitely take a look into this account. Not only will you earn a return on your funds, Axos Bank will also reimburse unlimited out-of-network ATM fees in the U.S.!
Rest assured that Axos Bank is a federally chartered, FDIC-insured, full-service bank, so you know that your funds are safe!
If you have had any experiences with this bank, please let us know in the comment section below.
See our full list of Axos Bank promotions and all the Best Rewards Checking Accounts.
Interested in more bonus offers? See our list of the best bank bonuses.
Margaret Pternitis says
I really wish there was a way to sort this list by states and/or direct deposit reqd. ty