Axos Business Premium Savings up to $375 Bonus

Axos logo

Axos Bank : Business Premium Savings

up to $375

2.9

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

How To Earn The Bonus

  1. Open a new Business Premium Savings account with promo code BPS375.
  2. During the first 4 statement cycles maintain a minimum balance as follows: $75 will be earned for each statement cycle during which the average daily balance is at least $30,000. $125 will be earned for each statement cycle during which the average daily balance is at least $75,000.
  3. You can earn a maximum of 3 payouts during the 4 statement cycles.
  4. Bonus(es) will be deposited into your new account within 10 business days following the end of the statement cycle in which the balance requirement was met.

Available in Your Area?

Yes

Monthly Fees?

No

Open Online?

Yes

Credit Pull?

Soft

Axos Bank logo

Apply Now

at Axos

Axos is offering up to $375 to business owners who open a new Business Premium Savings account and maintain a minimum balance. Not only is this offer available nationwide with the ability to open online, it's also the highest reward amount we've seen Axos offer, so now is a good time to jump on it!

What's more? This is ON TOP of the account's 4.01% APY! We challenge you to find any other business savings account offering that kind of APY. So while, yes, the required deposit amounts are steep, coupled with the competitive interest rate, we think this is a great opportunity for businesses with the available cash.

Note: Axos is also running a $400 promotion for opening a Business Interest Checking account, and new business customers can double dip both.

How To Earn The Bonus

The Axos Business Premium Savings promotion requires you to deposit and maintain a minimum balance in order to earn the up to $375 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

  • Businesses that have held an Axos Bank or UFB checking or savings account in the past 12 months under the same title are not eligible for this offer.
  • Axos Bank reserves the right to limit each primary account holder to one (1) savings account promotional offer per year.
  • Your Business Premium Savings account must remain open and in good standing at the time the incentive is paid to be eligible.
  • Business Premium Savings account must remain open for 120 days, or an early closure fee of up to $375 may apply.

How does this business savings 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
26 days
Requires
  • Min Balance
  • Card Spend (optional)

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.

Business Premium Savings

The Axos Business Premium Savings account offers a high APY, with no monthly maintenance fees, and no minimum opening deposit. It stands out with free domestic and international incoming wires, and the ability to integrate with QuickBooks for better business efficiency.

This account is ideal for business owners looking to maximize savings while minimizing fees.

Fees

Business Premium Savings does not charge a monthly maintenance fee.

Share Your Thoughts or Questions

There have been 2 comments about the Axos Business Premium Savings up to $375 Bonus.

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Tom Strong

October 29, 2024

READ THE FINE PRINT! You have to maintain a minimum balance of $30.000 to earn even the minimum bonus of $75.00. Too rich for my blood! Unfortunately, I already applied.

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Matt Bundrick Author

4 days ago Replying to Tom Strong

To be fair, that's not really fine print.. it's in the primary requirements, ha. But yes, the offer definitely requires a large amount of cash. You'll need to leave $30k in your account for 3 months to earn $225, or $75k to earn the full $375. The good news is that the account offers a really competitive APY (on top of this bonus), so it's not unreasonable for business owners who have the money, in our opinion.

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