Axos Bank Bonuses and Promotions: October 2024
Written by
Caitlyn Moorhead
Edited by
Elizabeth Constantineau
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If you have money-related goals you want to reach, part of meeting them can mean shopping for a new place to bank. Doing so could also lead to hundreds of extra dollars in your bank account — if you do your research ahead of time.
Axos Bank is among the banks that might be able to pad your pockets with some fast cash this month. As an online bank, Axos provides the online small business and personal banking services you’d expect from a larger bank. Here are some current Axos Bank bonuses and promotions you should consider.
Axos Bank Business Checking Account Bonus: Up To $400
The Axos Basic Business Checking account comes with no monthly fees or minimum balance requirements, plus unlimited transactions and domestic ATM fee reimbursements.
- Cash value: Up to $400
- Minimum deposit to qualify: $25,000 for $300 bonus; $50,000 for $400 bonus
- Expiration date: Oct. 31, 2024
- How to qualify: Use the promo code NEW400 to open your account. Once approved, fund the account within 30 days. You can get up to $400 in bonuses during the first five statement cycles, with a maximum of four payouts.
- When you’ll get it: You’ll get the bonus deposited into your qualifying account within 10 business days following the end of the statement cycle in which the balance requirement was met.
- Terms and conditions: Though the amount in cash you can earn as a bonus varies, here is a breakdown of what you need to do to earn the maximum amount:
- $300 bonus: You can earn $75 each statement cycle for maintaining an average daily balance between $25,000 and $49,999.99. You also must complete 10 transactions per month using your Small Business Checking Visa Debit Card for signature-based purchases with a minimum of $3 per transaction.
- $400 bonus: You can earn $100 each statement cycle for maintaining an average daily balance of at least $50,000. You also must complete 10 transactions per month using your Small Business Checking Visa Debit Card for signature-based purchases with a minimum of $3 per transaction.
- The account must remain open for at least 150 days or you’ll face a $400 early closure fee.
- Monthly maintenance fees: $0
- Promotion page: Axos Bank Basic Business Checking bonus
Axos Bank Business Interest Checking Bonus: Up to $400
The Axos Bank Business Interest Checking account provides an opportunity to earn interest on your balance, with competitive rates depending on your account balance. Plus, you can take advantage of a bonus offer of up to $400 when you meet certain balance and transaction requirements.
- Cash value: Up to $400
- Minimum deposit to qualify: $25,000 for $300 bonus; $50,000 for $400 bonus
- Expiration date: Oct. 31, 2024
- How to qualify: Use the promo code NEW400 to open your account. Once approved, you have to fund it within 30 days. You can get up to $400 in bonuses during the first five statement cycles, with a maximum of four payouts.
- When you’ll get it: You’ll get the bonus deposited into your qualifying account within 10 business days following the end of the statement cycle in which the balance requirement was met.
- Terms and conditions: Though the amount in cash you can earn as a bonus varies, here is a breakdown of what you need to do to earn the maximum amount:
- $300 bonus: You can earn $75 each statement cycle for maintaining an average daily balance between $25,000 and $49,999.99. You also must complete 10 transactions per month using your Small Business Checking Visa Debit Card for signature-based purchases with a minimum of $3 per transaction.
- $400 bonus: You can earn $100 each statement cycle for maintaining an average daily balance of at least $50,000. You also must complete 10 transactions per month using your Small Business Checking Visa Debit Card for signature-based purchases with a minimum of $3 per transaction.
- The account must remain open for at least 150 days or you’ll face a $400 early closure fee.
- Monthly maintenance fees: $10; waived if you maintain a minimum average daily balance of $5,000
- Promotion page: Axos Bank Business Interest Checking bonus
Axos Bank Business Premium Savings Bonus: Up to $375
The Axos Bank Business Premium Savings account offers a APY on your savings without a monthly fee to contend with. Plus, you can score a bonus through this account.
- Cash value: Up to $375
- Minimum deposit to qualify: $30,000
- Expiration date: Dec. 31, 2024
- How to qualify: Use the promo code BFS375 to open your account. Once approved, you have to fund it within 30 days. You can get up to $375 in bonuses during the first four statement cycles, with a maximum of three payouts.
- When you’ll get it: You’ll get the bonus deposited into your qualifying account within 10 business days following the end of the statement cycle in which the balance requirement was met.
- Terms and conditions: Though the amount in cash you can earn as a bonus varies, here is a breakdown of what you need to do to earn the maximum amount:
- You can earn $75 each statement cycle for maintaining an average daily balance between $30,000 and $74,999.99.
- You can earn $125 each statement cycle for maintaining an average daily balance of at least $75,000.
- The account must remain open for at least 120 days or you’ll face a $375 early closure fee.
- Monthly maintenance fees: $0
- Promotion page: Axos Bank Business Premium Savings
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How To Open an Axos Bank Account
Opening an account at Axos Bank takes just a few minutes. If you’re a legal U.S. resident, you’ll need to choose your account and complete the online application. To apply, you’ll need:
- Your Social Security number
- A valid U.S. driver’s license or state ID
- A valid U.S. address (no P.O. Boxes)
- A current routing number and bank account number for account funding
Final Take To GO: Is Axos Right for You?
If you’re in the market for a checking, savings or CD account, Axos Bank is worth considering not just for its cash bonuses, but for its overall value and convenience.
Axos Bank is an award-winning bank with plenty of banking services for low fees. The bank prides itself on giving its customers the right tools and information to make smarter financial choices and gain progress toward their goals. Keep in mind that Axos Bank is an online-only bank, however, so if a face-to-face banking relationship is important to you, you may want to look elsewhere.
FAQ
If you are considering opening a bank account with Axos Bank, the following answers may be helpful.- What banks are paying $500 to open an account?
- Huntington Bank is one financial institution offering a bonus of over $500 to open an account and complete certain qualifying activities.
- What is the Sunny bonus at Axos Bank?
- Axos Bank used to offer a $300 welcome bonus through the code SUNNYBONUS. But that offer has expired.
Cynthia Bowman and Sarah Sharkey contributed to the reporting for this article.
Information on promotions is accurate as of Oct. 11, 2024. Additional requirements may apply. Offers and terms are subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
