Axos Rewards Checking $100 Bonus

Axos Bank : Rewards Checking

Bonus Amount
$100
Account Type
Personal Checking
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  1. Open a new Rewards Checking account with promo code "HOLIDAYS".
  2. Within the first 60 days, make direct deposits totaling at least $1,500.
  3. Bonus will be deposited into your new checking account within five (5) business days of your third statement cycle date.
Other Details
Hard Credit Pull?
Monthly Fees?
Open Online?
Save for later
Share with a friend

Available nationwide with the ability to open online, Axos is offering a $100 welcome bonus when you open a new Rewards Checking account and set up direct deposit. What's even more? This account currently earns 0.40% interest and if you tack on their free Personal Finance Manager in Online Banking or use your debit card 10 times each month you'll earn another 0.30% for 0.70% APY.

How To Earn The Bonus

The Axos Rewards Checking promotion requires you to set up direct deposits in order to earn the $100 bonus. Full requirements to receive this bonus are:

  1. Open a new Rewards Checking account with promo code "HOLIDAYS".
  2. Within the first 60 days, make direct deposits totaling at least $1,500.
  3. Bonus will be deposited into your new checking account within five (5) business days of your third statement cycle date.

The fine print

  • Account must remain open for 180 days or an early closure fee of $100 may apply.
  • Limit one Rewards Checking bonus offer and account per primary account holder.
  • Customers who have an existing Axos Bank or Axos Bank for Nationwide Checking account as of 10/31/21 are not eligible for this offer.

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.

Rewards Checking

Fees

Rewards Checking does not charge a monthly fee.