Available nationwide with the ability to open online, Axos is offering up to a $400 welcome bonus when you open a new Business Interest Checking account and maintain a minimum balance. You'll also need to use your debit card to qualify. This is double their previous offer (and quadruple one before that!) so now might be a good time to jump on it.
How To Earn The Bonus
The Axos Business Interest Checking promotion requires you to deposit and maintain a minimum balance, make purchases using the account's card and set up bill pay in order to earn the up to $400 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- Account must remain open for 120 days or an early closure fee of $100 may apply.
- Must be new funds to receive bonus credit.
- Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year.
- You can earn a maximum of four (4) payouts during the five (5) statement cycles
Open a Business Interest Checking account before the bonus expires on September 30, 2025
How does this business checking offer from Axos compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Chase
Chase Business Complete Checking®
- Bonus
- up to $500
- Account Type
- Business Checking
- Expires In
- 70 days
- Requires
- Min Balance
- Card Spend (optional)
U.S. Bank
Business Checking
- Bonus
- up to $900
- Account Type
- Business Checking
- Expires In
- 53 days
- Requires
- Min Balance
- Bill Pay (optional)
- Card Spend (optional)
Bank of America
Bank of America® Business Advantage Banking
- Bonus
- $200
- Account Type
- Business Checking
- Expires In
- 237 days
- Requires
- Min Balance
Why Axos Bank?
Axos is a relatively new, online-only bank, established in 2000 and based in California. They offer both personal and business products, with particularly competitive rates on the personal side. In fact, their personal checking account earns a higher rate than most money market accounts (though there are a couple of tier requirements to earn the full advertised rate).
Altogether, Axos offers fewer products than the big banks, but enough for the average consumer and small business owner: checking and savings accounts, CDs, home, auto and personal loans. Also under the Axos umbrella, the company offers Axos Invest, a robo-advisor similar to products like Betterment and Wealthfront.
Learn more in our Axos Bank review
Business Interest Checking
Axos Business Interest Checking is an interest-bearing checking account with higher requirements and some added benefits. The minimum opening deposit is only $100, but a $5,000 average daily balance is required to waive the $10 monthly fee. The most significant benefit is the high APY.
You'll also receive up to 100 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items). This is in addition to up to 60 items per month for Remote Deposit Anywhere and unlimited domestic ATM fee reimbursements.
Fees
Business Interest Checking does charge a monthly maintenance fee of $10, but there are ways to get this waived:
- Maintain a minimum daily balance of $5,000.
Apply now for a Business Interest Checking account to earn the up to $400 bonus offer
Share Your Thoughts or Questions
There have been 2 comments about the Axos Business Interest Checking up to $400 Bonus.
BOB
February 21, 2024Just my 2 cents here and a little promotion for Grant's Calculator Tool. This offer needs $25k or $50k for at least 120 days, if not more, and you only get paid out LESS than 4%, (Yield- Yearly Rate) according to Grant's Handy Dandy Calculation Tool. PLUS, Axos wants you to set up Bill Pay AND make 10 purchases with your Debit Card. I like Axos, but this deal seems to want too much and give too little. You can get a better straight up deal with a rate over 4% without having to jump through all these hoops. Thanks Grant for having that True Yield Calculator Tool on your website! (aka Bank Bonus APY Calculator)
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