Axos Bank provides business savings accounts and commercial lending services. Its small business banking products include Business Premium Savings, Business Savings, and Business Money Market. In this article, we cover Axos Bank reviews and pricing. Ready to get started? Visit its website.
Axos Bank Pricing
The Axos Bank pricing details for business savings products are based on its three standard account types: Business Savings, Business Money Market, and Business Premium Savings. Its monthly fees range from $0 to $10 if the average daily balance requirements aren’t met. Additionally, its interest rates are offered at 0.80% and 1.06% annual percentage yield (APY).
|Initial Deposit Requirements||Ranges from $0 to $25,000|
|Interest Rates||0.80% and 1.06% APY|
|Monthly Fees||$0 to $10 per month if the average daily balance requirements are not met|
|Minimum Average Daily Balance Requirements||$0 to $5,000|
|Transaction Fees||30 cents charged per item after 20 items per month|
Ready to get started with Axos Bank? Visit its website.
Summary of Positive Axos Bank Reviews
As of the date that this article was written (June 26, 2019), there are very few up-to-date positive Axos Bank reviews available online. However, users appreciate that they can access their accounts online and that it has a wide range of products from which they can choose.
Summary of Negative Axos Bank Reviews
Users who gave Axos Bank a negative review complained that it has the worst customer service and that they experienced issues in accessing their money. Others commented that their accounts were closed due to unacceptable reasons.
One user who gave Axos Bank a negative review on Yelp said that he had struggles with his business transfers and eventually experienced account closure without any explanation. He added that its representative said that he had excessive transfers and that nobody can help him with his issues.
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Axos Bank Products
Check out the list below of some of Axos Bank’s products:
- Business Savings
- Business Money Market
- Business Premium Savings
- Nonprofit and Association Money Market
- And more
Axos Bank FAQs
Do any of Axos Bank’s business savings accounts offer check writing privilege?
Its Business Money Market account does. It also provides the first set of checks for free.
Are Axos Bank’s business savings accounts compatible with Visa?
Yes, they are. Additionally, all of its standard business savings accounts are inclusive of a free Visa debit card.