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Rewards Checking

Make Summer Even Better with a $300 Welcome Bonus

Earn up to 3.30% APY* and enjoy unlimited ATM fee reimbursements. This is banking, evolved.


Among the Best Online Banks 2022

Forbes Advisor


Best Checking Account for High Interest



Best Checking Account Overall

Motley Fool's The Ascent

The All-Around Checking Account

Use the promo code RC500 when you apply for a Rewards Checking account by 07/31/24. Then meet qualifying requirements to earn up a $500 welcome bonus!

The Magic Formula
+ 2.60%

Start with Direct Deposit and free Personal Finance Manager to earn an easy 0.70%.

Add a loan payment and invest accounts for another 2.60%.

We did the math for you.

Account Features

  • Zero monthly maintenance fees
  • Zero overdraft or NSF fees
  • Zero minimum monthly balance reqs
  • Unlimited domestic ATM fee reimbursements
  • Online debit card management
  • Simple, 3-step process for direct deposit
  • Only $50 to open an account
Let's do this: Apply Now

Rewards Checking: Earn up to 3.30% APY*

Rewards Checking: Earn up to 3.30% APY
How To Earn Interest APY* Rate
Direct Deposit: Receive monthly direct deposits totaling $1,500 or more. 0.40% 0.39%
Direct deposit is required to unlock your other interest-earning options
Debit Card Spending or Personal Finance Manager: Use your Axos Visa® Debit Card for a total of 10 transactions per month (min $3 per transaction) or sign up for Personal Finance Manager (PFM) “Account Aggregation” in Online Banking. 0.30% 0.29%
Managed Portfolios: Maintain an average daily balance of $2,500 per month in an Axos Invest Managed Portfolios Account. 0.99% 0.98%
Self Directed Trading: Maintain an average daily balance of $2,500 per month in an Axos Invest Self Directed Trading Account. 0.99% 0.98%
Loan Payment: Use your Rewards Checking account to make your full monthly Axos Bank consumer loan payment. Mortgage, personal, and auto loans are eligible. 0.60% 0.59%
Total 3.30% Apply Now

Manage money
like a boss.


Use Personal Finance Manager to manage all your accounts in one place.

Learn More

Invest in


Get the most out of Rewards Checking by adding Axos Invest accounts.

See Investment Options

Use code RC500 and apply by July 31 to earn a $500 bonus!

Get Started

Digital tools at your fingertips.

Easier, smarter banking starts with the Axos all-in-one mobile app.

  • Sync all financial accounts into one dashboard.
  • Analyze your saving and spending behavior.
  • Chat 24/7 with a virtual financial assistant.
  • Add, move, and send money to friends and others.
  • Automate your bill payments.
  • Monitor your credit score for free.

Your money is protected.

Simple Steps to earn your Welcome Bonus

Open new account

Open a new Rewards Checking account and use the promo code "RC500."

Fund your account

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.

Maintain your balance

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.

See Terms and Conditions for full details.

Ready to apply?

All you need is a valid ID, your Social Security Number, and 15 minutes.
Apply by July 31 and use the promo code RC500 to earn a $500 new account bonus!

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