Summit Savings
Go higher. Earn faster.
The easiest way to earn more on your savings.
Earn up to 4.01% APY1—no maintenance fees, no balance requirements. Just simple, high-yield savings.
Earn more. Worry less.
Summit Savings makes growing your money easy—no monthly fees, no hassle.
High Rates on Any Balance
Earn up to 4.01% APY1 for up to 6 months— no limits, just more growth.
More Savings, Less Fees
No monthly maintenance fees, balance requirements, or extra hurdles.
Seamless Transfers
Move money instantly between Axos accounts—no delays.
FDIC
Insured
Your savings are protected and insured up to $250K.
See it. Believe it. Earn it.
Discover how much more you could be earning with a rate up to 9x higher than the national average.†
Bank Bank | Annual Percentage Yield* APY* | Annual Earnings Earnings |
|---|---|---|
| Axos Bank | 3.75% | $375 |
| Capital One 360 Performance Savings2 | 3.40% | $340 |
| Bank of America Advantage Savings3 | 0.04% | $4 |
| Chase Savings4 | 0.01% | $1 |
Boost your savings up to 4.01% APY.1
New to Axos? Open a Summit Savings account with promo code SUM26 and earn a boosted rate for up to 6 months.
- 1Open Summit Savings with code SUM26.
Apply in minutes. Offer ends 10/31/26.
- 2Earn a boosted 4.01% APY.1
This limited-time boost applies for up to 6 months after you open your account.
- 3Keep earning after the boost.
After your boost period ends, you'll keep earning at our standard rate.
More features means more freedom.
- Easy mobile deposits: Deposit checks through the Axos App.
- 24/7 digital access: Manage your account anywhere, anytime.
- Free incoming wires: Unlimited and hassle-free transfers.
See why Summit Savings wins.
With a high-yield rate, and full flexibility, reaching your financial peak has never been easier.
Axos Bank Summit Savings | Capital One 360 Performance Savings | Bank of America Advantage Savings | Chase Savings | |
|---|---|---|---|---|
APY | up to 4.01% | 3.40% | 0.04% | 0.01% |
No Minimum Balance for APY |
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No Minimum Balance Fees |
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No Maintenance Fees |
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No Minimum Initial Deposit |
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Your deposits are protected with FDIC insurance up to $250K.
Or up to $500K with a joint account. Need more coverage? Access up to $265MM with Axos Bank InsureGuard+ Savings through IntraFi® Network Deposits℠.
Summit Savings Rates & Annual Percentage Yield
Balance | APY* | Rate |
|---|---|---|
$0 - $9,999.99 | 3.75% | 3.68% |
$10,000 - $24,999.99 | 3.75% | 3.68% |
$25,000 - $49,999.99 | 3.75% | 3.68% |
$50,000 - $99,999.99 | 3.75% | 3.68% |
>$100k | 3.75% | 3.68% |
Convenience is our specialty.
- Manage all your bank accounts from one place in the Axos app.
- Access a network of over 95,000 fee-free ATMs.
- Avoid fees, because your earnings should stay earnings.
- Link external accounts in the app to move your money seamlessly.
All in one App
Stay on top of your money. Anytime. Anywhere.
Finally -- a bank that supports you. With the Axos app, managing finances is easy. Sync all your accounts to check balances, deposit checks, pay bills, and get custom account alerts quickly.
Summit Savings Frequently Asked Questions
Does Summit Savings have a minimum balance requirement?
Can I get an ATM card with my Summit Savings account?
Yes, ATM cards are available. Send us a secure message online or in the mobile app to request one.
Is my Summit Savings Account FDIC insured?
Yes, Summit Savings is an FDIC-insured deposit account at Axos Bank, which is a member of the FDIC. Learn more about FDIC insurance.