Axos Bank Rewards Checking Account
With the Asos Bank Rewards Checking Account, enjoy:
- no monthly fees,
- up to 1.25% APY,
- unlimited domestic ATM fee reimbursements,
- digital money management tools.
securely on the bank's website
If you're looking for a checking account that would give you the flexibility to manage your money anywhere, anytime, then the Axos Bank Rewards Checking might be a good solution!
The greatest plus of the Axos Bank Rewards Checking is that you'll earn interest on your daily balance, depending on how and how much you use your Axos Bank Visa Debit card. You can earn up to 1.25% APY, if you complete a certain number of debit card transactions (see FAQ for more).
With plenty of digital banking tools, you'll be able to bank on the go, without ever needing to visit a physical branch. In fact, there's none, since Axos Bank is an online bank. That said, you can always reach out to an Axos Bank customer support representative using the Axos Bank Mobile App or by contacting them at 1-888-502-2967, 24/7. There's even a virtual assistant that can help you complete some regular banking tasks, such as viewing your account balance, finding an ATM nearby, and so on. If you get a loan with Axos Bank, you can also pay it off with Evo - simply tell it to withdraw money from your Rewards Checking, and there you go!
You can also set up account alerts and push notifications, all of which is available in both online and mobile banking, meaning you can control your money on your own in a very convenient way. Besides, there aren't almost any fees associated to this checking account. While you do need to make a minimum $50 deposit to open the account, you won't ever have to pay any overdraft or NSF fees, let alone domestic ATM fees.
Assuming you're comfortable enough with having an online-only checking account, then you should indeed consider the Axos Bank Rewards Checking. However, if you travel abroad frequently, and plan on using your Axos Bank Visa debit card there, then you might want to look for a checking account offer that offers international ATM fee reimbursements and/or doesn't charge foreign transaction fees.
Checking account details
- Visa Debit card.
- Online and Mobile Banking with Bill Pay, and Digital Wallet.
- Peer-to-Peer payments.
- Account alerts.
- Biometric identification.
- Unlimited domestic ATM fee reimbursements.
- Free incoming domestic and international wire transfers.
- Evo assistance.
- Refer a friend.
- 24/7 customer support.
Checking account fees
APY0.4166% - 1.25%
Minimum Deposit to Open$50
Out-of-Network ATM Transaction Fee$0*
Out-of-Network ATM Withdrawal Fee$0*
Non-Sufficient Funds Fee$0
Foreign Transaction Fee1%
Axos Bank Rewards Checking Account FAQ
You can apply for the Axos Bank Rewards Checking account online, straight from this page, by clicking on the "APPLY NOW" button, which will take you directly to the Axos Bank website.
You'll be asked to provide your personal information, including your:
- Name, email, and phone number.
- New username and password,
- Valid U.S. driver’s license or State ID (you can either submit a photo thereof or enter the information manually).
- Home address,
- Social Security number,
- Date of birth.
Since the Rewards Checking account is a tiered, interest-earning, variable-rate account, you'll earn interest based on the products and services used during the month. You can earn up to 1.25% per year:
- When you receive monthly direct deposits of at least $1,000, you'll earn 0.4166%.
- When you make 10 or more point-of-sale transactions per month using your Rewards Checking Visa Debit Card for everyday purchases totaling at least $3 each, you'll earn 0.4166%.
- When you make 5 or more POS transactions the same month with your Rewards Checking Visa Debit Card for normal, everyday purchases with a minimum of $3 per transaction, you'll earn an additional 0.4155%.
No, only Rewards Checking balances of up to and including $150,000 will earn interest. All daily collected balances above $150,000 won't earn interest.
Axos Bank really takes the protection and security of its customers seriously. This is why they've included many security features in their checking account offers. You can bank with confidence, knowing the bank's got you covered, thanks to:
- Antivirus and malware protection software,
- 128-bit Secure Socket Layer (SSL) encryption, for protection of your data,
- Automatic Logout, so nobody can access your account in case you stay signed in, and leave your device unmonitored,
- Account Monitoring, for potential fraudulent activities,
- Username and password protection.
Plus, since Axos Bank is a FDIC member, your deposits are protected in case the bank fails, for up to $250,000.
Axos Bank offers you unlimited referral bonuses when you invite your friends to open an Axos Bank Essential Checking Account. You can earn up to $20 per friend, under a number of conditions.
Your friend must:
- Be a new Axos Bank customer, i.e. they have never owned an Axos Bank account.
- Apply through the referral link you provided.
- Be approved to open the account.
- Add $500 or more to their new account.
- Receive a direct deposit of $100+.
After your friend has made the initial $500+ deposit, and maintained an average minimum daily balance of $500+ for a month, you'll receive $10. If your friend then receives a direct deposit of $100+ and maintains the $500 minimum balance for the next month as well, you'll receive the last $10 into your account. By the way, your friend will also receive the reward!
Axos Bank's developed a chatbot, and named it Evo, as in "Banking Evolved". Evo is your financial assistant you can reach out to with any basic banking questions or requests you may have.
Evo gives you information about your transactions, balances, mortgage payment due days, recent deposits, and alike. You can also ask Evo to transfer money between your internal Axos Bank accounts, in case you have both a savings and a checking account with Axos Bank. You can tell Evo to pay your Axos Bank loans, as well. With a simple command, Evo can tell you where the nearest ATM is, and more.
You can chat safely and securely with Evo when you sign in to your Axos Bank Rewards Checking Account either through a web browser, or directly in the Axos Bank Mobile App. You'll find the Evo button when you access your Axos Bank Essential Checking Account - it's a tiny x button you need to select to begin using Evo.
There are approximately 91,000 fee-free ATMs across the United States. You can use Axos Bank's ATM locator to find a fee-free ATM in your area.
There are several ways you can deposit funds to your Axos Bank Rewards Checking Account.
1. To make a cash deposit
Since Axos Bank partners with Green Dot Network®, you can deposit cash into your account at approximately 100,000 of America's largest and most respected retailers, such 7-Eleven, ACE Cash Express, CVS, Dollar General, Kroger, Rite Aid, Safeway, Walgreens, and Walmart.
You simply need to ask the cashier to add cash directly to your Axos Bank debit card at the register. The funds should be available on your card within 10 minutes. Keep it mind retailers may charge a fee of up to $4.95 per transaction. You can deposit any amount between $20 and $500, but at some Walmart locations, the amount can go up to $1,000 or up to $1,500 at participating ACE Cash Express locations. Visit AtTheRegister.com/locations to find a participating location in your area.
Another option to make cash deposits is at deposit-taking ATMs, which you can find using Axos Bank's ATM locator.
2. To make a mobile check deposit
3. To make a wire transfer
Simply log in to online banking, select Move Money, and then the Wire Transfers option.
4. To set up a direct deposit
You need to provide your employer with your account number, available under "Details" in your online banking, as well as with Axos Bank's routing number, which is 122287251.
Visa has a range of exclusive benefits and perks that are included in their debit card offers. Visa debit cardholders enjoy access to many events, presale tickets, shopping discounts, free shipping, and more. You can see Visa's current deals on its debit cards directly on the Visa website.