Residents nationwide can take advantage of the 0.61% APY rate with a new Axos Bank High Yield Savings Account.
In order to receive the rate, simply provide a $250 minimum balance to open an account.
For a limited time, get a $100 bonus when you open a High Yield Savings account and Essential Checking account when you use promo code GET100.
Application using promo code GET100 must be submitted before 11:59pm PST on 05/31/2021 to qualify. You must open your new Essential Checking account at the same time as your High Yield Savings account and have a Direct Deposit totaling at least $1,000 from a third party within the first 60 days of account opening to your Essential Checking account to qualify for this bonus. Bonus will be deposited into your new checking account within 5 business days of your third statement cycle date. Accounts must remain open for 180 days or an early closure fee of $50 may apply. Must be new funds to receive bonus credit.
Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. NOTE: “New Funds” is defined as funds that did not originate from another Axos Bank brand account.
Axos Bank High Yield Savings Summary
Being an internet-only bank, Axos Bank offers a wide selection of services and features to further your financial health. Through a diverse range of financial tools and services. Additionally, they aspire to innovate the banking industry for the customers nationwide.
I’ll review Axos Bank High Yield Savings below.
Axos Bank High Yield Savings Account Info
- Direct Link to Offer
- Account Type: High Yield Savings Account
- Interest Rate: 0.61% APY
- Availability: Nationwide
- Minimum Balance: $250
- Maximum Balance: None
- Expiration Date: 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 Savings 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 Receive Axos Bank Rate
- Open a new Axos Bank High Yield Savings Account
- Provide a minimum opening deposit of $250
- Deposit any amount to obtain the attractive 0.61% APY
Axos Bank High Yield Savings
- Free ATM card upon request
- A suite of digital money management tools
- No maintenance fees
- No monthly minimum balance requirements
- $250 minimum balance to open an account
Other Axos Bank Accounts to Consider
• Earn 0.60% APY with the Axos Bank High Yield Money Market
• FDIC Insured
• Check writing privileges
• No monthly maintenance fees
• No minimum balance requirements
• Debit card transactions
• Minimum Balance Required to Open the Account: $ 1000.00
All in all, the current Axos Bank High Yield Savings is a fantastic offer for those who would like to take their money further, faster. With no monthly maintenance fees, no minimum balance requirements as well as interest compounded daily, this is a new evolved way of saving.
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!
American Express® High Yield Savings Account - You earn 0.40% 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.
|Aspiration||1.00% APY + $100 Cash||Review|
|Axos Bank High Yield Savings||0.61% APY + $100 Cash||Review|
|Axos My Savings Builder||Up to 0.70% APY||Review|
|Axos Bank High Yield Money Market||0.60% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|