Axiom Exchange Bank is offering residents nationwide a 2.75% APY when you open a High-Yield Savings account.
To learn more about the account continue reading below.
Axiom Bank High Yield Savings
Axiom Bank has been a fixture of the Orlando, Florida, area community for nearly six decades. The institution began as a “thrift bank,” offering affordable home loans and savings accounts to local customers.
At the time it was the first black-owned thrift established in Florida. The bank has evolved and grown over the years, adding more services like commercial lending and commercial banking.
Savers nationwide can access competitive savings products from Axiom Bank, including high-yield savings accounts.
I’ll review the Axiom Bank High Yield Savings below.
Axiom Bank High Yield Savings Rate
To easily earn Axiom Bank’s competitive rate, start by opening a High-Yield Savings account.
- Eligible account: High-Yield Savings
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $1.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
Balance Requirement | APY Rate |
$0.01+ | 2.75% APY |
Axiom Bank High Yield Savings Account Features
- FDIC insured. No fees. $1 minimum deposit.
- 24/7 online access to funds.
Is This Account Safe?
Axiom Bank is a member of the FDIC. Deposits in Axiom Bank are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.
Axiom Bank
- Security: Funds deposited into any of the products accessible are held by federally insured institutions. We use a host of cybersecurity measures to protect your funds and sensitive information.
- Choice: Savings products from our network of financial institutions offer flexible terms and some of the most competitive interest rates. You can easily find the right product or mix of products for you.
- Convenience: One account to hold all your deposit products. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
- Service: A supportive, accessible, responsive customer service team based in New York, NY.
- Access: Enjoy 24/7 online access to your account and funds.
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Conclusion
If you’re looking to open an interest bearing account, Axiom Bank offers a competitive rate.
Let us know about your experience with this bank and comment below.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.