Axos Bank review 2025: High APY options for checking and savings but subpar CD rates

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Savings accounts

Axos Bank offers a high-yield savings account, called Summit savings with an APY of up to 4.00%. Their Private Client accounts also come with a savings option (paired with the checking account outlined listed above).

Summit Savings account 

The high-yield savings earns 4.00% APY with no balance requirements.

Bank details checked Nov. 25, 2025.

Axos ONE Savings account 

The Axos One Savings account is bundled with an Axos One Checking account. 

Both accounts earn interest at attractive rates, with the savings account earning up to 4.51% APY when you meet the following requirements with your bundled checking: Receive at least $1,500 in total monthly qualifying direct deposits and maintain an average daily balance of more than $1,500, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

Private Client savings account

The Private Client savings account is the companion to the Private Client checking account.

Bank details checked Nov. 25, 2025.

Money market account

Customers can automate their bills, pay their friends, and access their money market funds with a debit card. While this account may be a convenient option, its APY is well below some of the best MMAs on the market right now.

Bank details checked Nov. 25, 2025.

Certificates of deposit

Whether the CD term is three or 60 months, Axos Bank offers the same 0.20%APY and requires a $1,000 minimum opening deposit.

Bank details checked Nov. 25, 2025.

Other services Axos Bank offers

Axos Bank offers a variety of banking products beyond checking, savings, CDs, and money market accounts: 

• Mortgages: Axos Bank offers an array of mortgage products for all types of home buyers including first-time buyers and those looking to refinance. Its mortgage products include conforming loans, non-conforming loans, portfolio loans, Federal Housing Administration (FHA) loans, United States Department of Veterans Affairs (VA) loans, jumbo loans, super jumbo loans, real-estate investment loans and interest-only mortgages.
• Home equity loans: Axos Bank also offers home equity loans and home equity lines of credit (HELOC).
• Personal loans: Personal loan products available from Axos Bank include debt consolidation, home improvement, and major purchase loans.
• Auto loans: In addition to standard auto loans, Axos Bank also offers auto refinance loans.
• Investing: Axos Bank’s services extend to managed portfolio investing and self-directed trading.
• Commercial lending: Axos Bank offers a diverse range of commercial products including commercial lines of credit, commercial loans, and more.

The Axos Bank platform and customer support 

Axos offers a well-developed online and mobile banking platform. The mobile app includes a variety of user-friendly features, including the ability to link all to your external accounts to get an overview of your entire financial picture, and analyze your spending patterns, pay bills, and deposit checks. The mobile app is rated 4.4 stars on Google Play and 4.7 on the Apple App Store. 

There are several ways to get in touch with Axos Bank. The mobile app provides 24/7 chatting with Evo, a virtual financial assistant that’s designed to provide answers to nearly all financial questions. Customers can also send secure messages to the bank through the mobile app. 

Personal banking customers can call Axos Bank 24/7 at 888-502-2967. For questions about personal loans, customers can call the bank between 8 a.m. and 4:30 p.m at 866-923-3625. Pacific time Monday through Friday. Those with questions about home loans can reach Axos Bank Monday through Friday between 7 a.m. and 8 p.m. PT and between 8 a.m. and 2 p.m. PT on Saturday. 

Representatives are also available to discuss auto refinancing questions via phone from 8 a.m. until 4:30 p.m. PT Monday through Friday at 844-517-5556.

Is Axos Bank secure?

Axos Bank is Federal Deposit Insurance Corp. (FDIC)-insured, meaning your money is safe in the rare case of a bank failure—up to $250,000 per individual, per account. They also use secure sockets layer (SSL) encryption to create a secure connection when you bank online, plus they employ consistent fraud monitoring.

Axos Bank user reviews

User reviews for Axos are mixed, with many customers on Trustpilot commenting that customer service leaves something to be desired. The most common complaints appeared to be of accounts not functioning properly, whether it was a customer unable to transfer funds or a debit card not  working or other issues.

Compare Axos Bank alternatives

Two institutions with accounts that could be a better fit, if Axos doesn’t quite work for your situation, are SoFi (an online bank) and Alliant Credit Union—which has very accessible membership requirements for a credit union.