Axos Rewards Checking $150 Bonus

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Axos Bank : Rewards Checking


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Offer Expired On

July 12, 2024

How To Earn The Bonus

  1. Enter your email address to subscribe to exclusive offers, including this one.
  2. A link with a unique code attached will be sent to you via email.
  3. Open a new Axos Rewards Checking account using the link with your unique code.
  4. Within 10 days, fund your new account with at least $500.
  5. Exclusive reward will be delivered by email within 60 days of meeting all requirements, in the form of a digital reward that you can redeem instantly for a virtual VISA or gift card to your choice of more than 200 retailers.

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As a perk to our subscribers, has partnered with Axos Bank to bring you an exclusive, easy-to-earn offer: $150 when you sign up for an Axos Rewards Checking account.

This is in addition to the up to $500 bonus that Axos is offering new customers (the highest offer that we've seen to-date!).

That means if you open your new account through this exclusive deal, you'll earn $150 from us and still have the opportunity to earn up to an additional $500 from Axos – for a grand total of up to $650!

To take advantage of this nationwide offer, you'll first need to request a personalized offer link and then use that when opening your free account.

Then, fund your new account with at least $500 within 10 days and we'll send you a $150 reward, which you can redeem instantly for a virtual VISA or gift card to your choice of more than 200 retailers.

Remember, that reward is in addition to Axos's welcome offer and the account's up to 3.30% APY (extremely high for a checking account, but keep in mind this APY is tiered and requires several account activities to earn the highest rate!).

So, what are you waiting for? Request your code now!

How To Earn The Bonus

The Axos Rewards Checking promotion requires you to deposit and maintain a minimum balance in order to earn the $150 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

  • Exclusive offer is distributed by, not by Axos Bank. All questions regarding reward redemption should be directed to
  • Closing the account within 45 days will forfeit the bonus.
  • Must enroll in the offer by opening an Axos Rewards Checking account directly through the personalized offer link delivered to your email. If you open your account by any other means, you will not be eligible to earn this exclusive offer.
  • Offer only valid to new Axos Rewards Checking account customers.
  • New customer must be approved by Axos Bank and the account must be funded with at least $500 to qualify. Accounts rejected by Axos Bank or not funded will not be eligible for the offer.
  • Within 10 days of funding your account, you will receive an email from confirming that you have qualified for the bonus. If you DO NOT receive this confirmation, it means our system did not receive confirmation from Axos Bank. You MUST notify within 30 days of account funding to initiate a manual review. Failure to do so within this window will forfeit the bonus.
  • Offer may only be redeemed once (1) per user.
  • reserves the right to end the offer at any time and to, in its sole discretion, determine eligibility for this offer.

Frequently Asked Questions

When I click to open an account from my email, I don't see the offer mentioned on the Axos website. Am I in the right place?

Since the $150 offer is from, it's not reflected on the Axos website.

As long as you open your new account directly from your personalized link, then yes, you're in the right place!

What promo code do I enter in the Axos application??

There is a field on the Axos online application for you to enter a promo code, which leads to some understandable confusion! However, because the $150 is from, there's no promo code to enter on Axos Bank's application for this offer.

Instead, using your personalized link to open your new account will auto enroll you in this offer.

Does earning this $150 offer from exclude me from the $500 bonus that Axos is offering new Rewards Checking customers?

No! The two offers are completely separate, each with their own terms. You can double dip to earn both bonuses for a grand total of up to $650, or opt for just one.

To enroll in the Rewards Checking offer from Axos, be sure to use promo code RC500 at account opening. You can find the full requirements for the Axos bonus here.

Is my personal information safe?

Any personal information you share during account opening will be directly with Axos Bank. They use industry-leading encryption and security practices to guard your personal information.

Axos will verify to us that you've completed the steps to qualify for the bonus, but nothing more.

How will I know I've earned the reward?

Once Axos verifies your new account, you'll receive an initial confirmation email from

Then, you'll just need to fund the account with at least $500 as the final step to earning the $150 bonus. Those transfers can take 3-5 business days from the time you initiate, but once finalized, you'll receive another email from us confirming that you're all set and when to expect your reward.

What retailers can I choose from for my reward?

The list is too long to include here! But safe to say all of your favorite players are there: Amazon, Target, Starbucks, Apple, Best Buy, Chipotle, Delta, DoorDash, GameStop, Hulu, Lowes, REI, Southwest, Spotify, Home Depot, Topgolf, Uber, Ulta, Walmart... and many more.

If you don't find a retailer you like, you can always opt instead for a virtual or physical VISA. The only caveat is that the VISA cards expire in 6 months, whereas the gift cards have no expiration date.

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

Axos Rewards Checking has no maintenance fees and no minimum balance requirements either. You can earn interest on your balance up to $50k, but that rate is tiered based on meeting certain requirements:

  • 0.40% APY: Receive direct deposits totaling $1,500
  • +0.30% APY: Make 10 debit card purchases
  • +0.20% APY: Maintain an average daily balance of $2,500 per month in an Axos Invest Managed Portfolios Account.
  • +0.20% APY: Maintain an average daily balance of $2,500 in an Axos Self Directed Trading Invest Account
  • +0.15% APY: Use your Rewards Checking account to make your full monthly Axos consumer loan payment

Keep in mind that to be eligible for interest at all, you'll need to meet that first direct deposit requirement.

The bank does not charge NSF or overdraft fees and offers unlimited reimbursements on any domestic ATM fees incurred. There is a minimum deposit requirement of $50.00 to open the account.


Rewards Checking does not charge a monthly maintenance fee.

Share Your Thoughts or Questions

There have been 2 comments about the Axos Rewards Checking $150 Bonus.

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4 days ago

Is there still a limit to the first 100 people who take advantage?


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Matt Bundrick Author

4 days ago Replying to Nathan

Yes, this offer is limited to the first 100 subscribers who complete all requirements, including funding.


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