Available nationwide, Axos Bank now has a 0.20% APY Rate and a $200 welcome bonus when opening their Business Savings account. Read for more information on this account below.
Table of Contents
Axos Bank Business Savings $200 Bonus
If you’re a new or an established business, you can earn up to a $200 welcome bonus when opening a new Axos Bank Business Savings account.
(FDIC insured)
How To Earn Bonus
- Open a new Axos Bank Business Saving account. If you incorporated after June 1, 2020, Axos Bank will add $200 to your new business bank account. Just use promo code NEWBIZ200 on your application.
- Not a new business? Use promo code NEWAXOSBIZ for a $100 bonus.
- In the first two months after account opening, the average daily balance of the account must be at least $2,500 in order to qualify for the bonus.
- Bonus will be deposited into your new account within 5 business days of your statement cycle date.
Fine Print
Business must be incorporated after 6/01/2020 and application must be submitted before 11:59pm on 9/30/2022 to qualify. In the first two months after account opening, the average daily balance of the account must be at least $2,500 in order to qualify for the $200 bonus. Bonus will be deposited into your new account within 5 business days of your statement cycle date. Account must remain open for 180 days or an early closure fee of $50 may apply. Must be new funds to receive bonus credit. Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. NOTE: “New Funds” is defined as funds that did not originate from another Axos Bank brand account.
Application must be submitted before 11:59pm on 9/30/2022 to qualify. In the first two months after account opening, the average daily balance of the account must be at least $2,500 in order to qualify for the $100 bonus. Bonus will be deposited into your new account within 5 business days of your statement cycle date. Account must remain open for 180 days or an early closure fee of $50 may apply. Must be new funds to receive bonus credit. Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. NOTE: “New Funds” is defined as funds that did not originate from another Axos Bank brand account.
Axos Bank Business Savings Account Review
Established in 2000, Axos Bank is one of the leading digital banking services out there. They provide innovative products and services to their customers nationwide. Additionally, they bring human insight and digital expertise together to make a better bank.
I’ll review Axos Bank Business Savings below.
Axos Bank Business Savings Rate
To earn this decent APY Rate, just open an eligible business savings account and meet all of their requirements.
- What you’ll get: 0.20% APY
- Eligible account: Business Savings
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1,000
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC insured)
How to Earn the Axos Bank Rate
- Open a business savings account with a $1,000 minimum opening deposit.
- Sign up for free image statements.
- No monthly fees with a $2,500 minimum Average Daily Balance.
| Balance Tiers | APY |
| $0-$49,999.99 | 0.20% |
| $50,000 – $249,999.99 | 0.20% |
| $250,000 – $499,999.99 | 0.20% |
| $500,000 – $699,999.99 | 0.20% |
| $700,000 – $999,999.99 | 0.20% |
| $5,000,000+ | Contact business banking relationship manager for current rates |
Account Features
- Variable interest compounded daily
- $1,000 minimum opening deposit
- Free image statements
- Free online and mobile banking, with remote deposit anywhere
- No monthly maintenance fees with $2,500 minimum Average Daily Balance
Conclusion
Now, when you open a new business savings account, you’ll be able to earn this good APY Rate today! Plus, there are several perks that comes with the account as well. Here are some of Axos Bank’s other bonus offers. If these don’t interest you, be sure to check out our Best Business Bank Bonuses and Best Bank Rates.
In addition to the rate from Axos Bank, check out our list of best rates Savings, Money Market, and CD accounts.
Furthermore, you can use our bank bonuses page to find other great offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Axos Bank Business Savings Account.
