Axos Bank Business Interest Checking

Offered by: Axos Bank
30 reviews   Write a Review!
Your Rating: Excellent
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at Axos Bank's
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Axos Bank Business Interest Checking Rates

Range
$1 - $49,999.99
$50,000 - $249,999.99
$250,000 - $4,999,999.99
Interest Rate
1.01%
0.20%
0.10%
APY
1.01%
0.20%
0.10%
  • MINIMUM TO OPEN $100

Axos Bank Business Interest Checking Fees

  • MONTHLY FEE $10
  • MIN BALANCE TO AVOID MONTHLY FEE $5000
  • OTHER WAYS TO AVOID MONTHLY FEE N/A
  • PAPER STATEMENT
    FEE
    $5
  • OVERDRAFT FEE $25
  • NEGATIVE ACCOUNT BALANCE FEE Info Not Found

Axos Bank Business Interest Checking ATM & Debit Card Usage

  • IN-NETWORK ATM TRANSACTION FEE None
  • ATM NETWORK SIZE N/A
  • OUT-OF-NETWORK ATM TRANSACTION FEE None
  • REBATE OF ATM OWNER SURCHARGE Offered, no limit mentioned
  • FOREIGN ATM FEE 1%
  • DEBIT CARD VISA
  • DEBIT CARD FOREIGN TRANSACTION FEE 1%

Axos Bank Business Interest Checking Additional Info

  • REWARDS No
  • ONLINE BILL PAY FEE $0 per month
  • ADDITIONAL REQUIREMENTS None
  • Earn 1.01% APY*
  • New business owners get a $200 welcome bonus with promo code NEWBIZ200. Not a new business? Use promo code NEWAXOSBIZ for a $100 bonus.
  • $100 minimum opening deposit
  • Pay no monthly maintenance fee with an average daily balance of at least $5,000
  • Unlimited domestic ATM fee reimbursements
  • Enhanced Visa Debit Card Perks
  • ADP Payroll Services – Axos clients receive 1st 4 months free
  • Cash Deposit capability via MoneyPass and AllPoint networks
Apply Now
at Axos Bank's
secure site

Axos Bank Business Interest Checking Interest Rate Tracker

Apply Now
at Axos Bank's
secure site

The graph above is based on WalletHub data. Actual rates may vary. For time periods with multiple applicable rates in our database, based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify the rates, fees, and all terms and conditions with the respective financial institution.

Customer Questions and Answers

Don't see what you're looking for? Submit your question about Axos Bank Business Interest Checking to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.

140

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How long does it take to get an Axos Bank Business Interest checking account? Reply 2

Photo of sydneygarth
Sydney Garth
@sydneygarth

It can take up to 7 business days to get an Axos Bank Business Interest checking account. Once you've submitted your application, it typically takes the bank between one and seven business days to review it.

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2 Upvotes

What are the daily debit limits for the Axos Bank Business Interest checking account? Reply 1

Photo of kendallmorris
Kendall Morris
@kendallmorris

The daily debit limits for the Axos Bank Business Interest checking account are as follows: the ATM limit is $1,010 and the POS/purchase limit is $5,000.

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1 Upvote

Are 501 (3) (c) nonprofits eligible for this business interest checking account? Reply

0 Upvotes

Are there fees for international (to/from Canada) wire transfers? Reply

0 Upvotes
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  • Reviews

Axos Bank Business Interest Checking Reviews

Help fellow WalletHub members save money. Share your insights and review the Axos Bank Business Interest Checking:
Your Rating:
0
1 2 3 4 5
3.5
Overall Rating: 3.5 / 5
Total Ratings: 30
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    Photo of kimberley_1
    YesUsefulNo0
    2

    Started off great when I opened an account 2 years ago, but has gone downhill. First, they limit the amount you can use your debit card for, regardless of what amount you have in the account. Went to pay for flooring for a real estate flip and debit card was declined. NOT because there weren't the funds, I had over 4 times that in the account, but just because that's where they decided to cap it. So you can't spend the money in your account even it if is there. Second, the online interface is limited in what you can do, and it's clunky and glitchy. Third, ACH transfers can take up to 3-5 days to go through. The only way around it is to pay a wire transfer fee. Fourth, if you don't log into the account at least once a month, they force you to change your password. Do you know how many passwords I have to keep up with as it is? I'm disappointed because they had so much promise in the beginning. But due to the fact that they limit what I can spend, even though I have the funds, is a deal breaker for me. Will be moving to another bank.

    February 24, 2022 · Report Abuse
    02/24/22
    Photo of AxosBank
    Hi Kimberley,
    We are sorry to hear that your aren't meeting your expectations. I have escalated your comments to our management team. We appreciate the feedback, and we are always making improvements to the customer experience. We hope you will give us another chance.
    02/24/22
    Photo of AxosBank
    Hi Kimberley,
    We are sorry to hear that your aren't meeting your expectations. I have escalated your comments to our management team. We appreciate the feedback, and we are always making improvements to the customer experience. We hope you will give us another chance.
    Photo of stevenfreshour
    YesUsefulNo0
    5

    Most banks pay nothing for business checking accounts so this is a great rate. It's also great that they reimburse you for ATM usage. The monthly fee is easy to avoid if you know you'll maintain a balance of at least $5k.

    July 26, 2018 · Report Abuse
    Users also submitted 28 ratings without a full review

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