Axos Bank was one of the first online-only banks. It opened for business on July 4, 2000, as Bank of Internet USA and grew steadily for nearly two decades before rebranding itself as Axos Bank in 2018.
It has a lot of options for checking and savings accounts and even has some pretty sweet options for small businesses. But, it’s not perfect and our review of the online bank shows both pros and cons.
Our Axos Bank review will give you an honest look at the bank’s checking account and savings account features for individuals, as well as its overall convenience and mobile banking features so you can make an informed decision about where to do your banking.
Let’s review the checking and savings accounts offerings, plus accounts geared to small- and medium-sized businesses.
Pros and Cons
The following our overall impressions of Axos Bank:
Pros
Almost entirely fee-free banking Lots of options for small business banking Highly regarded customer service Unlimited ATM fee reimbursement for most accounts
Cons
Some reviews claim that the app is slow or buggy No physical branches Interest rates are good, but they are not the best we’ve found Axos Checking Accounts
Picking a checking account that’s right for you is personal. Among some of the most popular features for checking accounts are no minimum balance requirements and no monthly maintenance fees. No overdraft fees are also a plus. Let’s review
