The best Axos Bank promotion is up to 5.00% APY on Axos ONE savings for six months: no promo code, $1,500 a month in direct deposits plus a $1,500 checking balance, open by 10/31/2026.
Offers verified on Axos Bank’s site at this update. Terms apply.
Current Axos Bank promotions
Axos has no cash sign-up bonus on personal accounts right now. Its cash bonuses are for businesses, and each one needs a promo code typed into the application.
| Offer | Bonus | Promo code | What you have to do | Offer ends | |
|---|---|---|---|---|---|
| Personal accounts | |||||
 Axos ONE | Up to 5.00%APY for 6 months | None needed | $1,500 a month in direct deposits and a $1,500 checking balance | 10/31/2026 | Open Axos ONE |
| Summit Savings | Up to 4.01%APY for 6 months | SUM26 | Be a new Axos customer. No balance or deposit requirement | 10/31/2026 | See it at Axos |
| Refer a friend | Up to $100 | A customer’s link | Get $1,500 in direct deposits to Axos Checking within 90 days | No end date listed | See it at Axos |
| Business accounts | |||||
| Basic Business Checking | Up to $200 | START200 | $3,000 average daily balance in 4 of your first 5 statement cycles. Business under a year old | 01/31/2027 | Get up to $200 |
| Axos Business Bundle | Up to $600 | SBB600 | Each month: $50,000 in savings, $1,500 in checking, a $1,000 deposit, 2 debit purchases | 01/31/2027 | See it at Axos |
| Business Premium Savings | Up to 3.91%APY for 6 months | BOOST41 | Open with Basic Business Checking and keep $5,000 in checking | 04/01/2027 | Open savings |
Offers verified on Axos Bank’s site at this update. Terms apply.
Axos personal account promotions
Axos pays its personal promotions as a higher interest rate, not as cash up front. The one cash route is a referral from an existing customer.
1. Axos ONE
Checking and savings bundleWho it is for New Axos customers who can move $1,500 a month in pay or benefits.
- 5.00% APY on up to $49,999.99
- No monthly maintenance fees
- A rate boost, not a cash bonus
- Miss a month and savings pays 1.00%
New customers only. Past Axos Bank or UFB Direct customers do not qualify. The boost covers six statement cycles on savings up to $49,999.99. $50,000 or more earns 4.21% APY. APYs are accurate as of this update and can change. Fees may reduce earnings. Axos Bank, Member FDIC.
Not moving your direct deposit? Summit Savings pays up to 4.01% APY for six months with promo code SUM26, and it has no balance or deposit requirement. You have to be new to Axos and open it by 10/31/2026. After the six months it earns Axos’s standard rate, 3.75% APY at this update. See Summit Savings at Axos, and compare it with the best high-yield savings accounts first.
Is the Axos bonus worth it?
For a personal account, it depends on how much you keep in savings. Axos ONE pays its promotion as interest, so a small balance earns a small reward. The boost adds 0.79 percentage points to the 4.21% APY Axos ONE already pays when you meet the monthly requirements, for six months, on up to $49,999.99.
| Savings balance | Interest in 6 months at 5.00% APY | Part that comes from the boost |
|---|---|---|
| $5,000 | About $123 | About $19 |
| $10,000 | About $247 | About $39 |
| $25,000 | About $617 | About $97 |
| $49,999 | About $1,235 | About $193 |
That is our math, and it assumes the rate holds for all six months. Axos can change it at any time. There is no monthly fee to subtract. Your cost is the $1,500 you leave in checking, which earns 0.51% APY, and the work of moving your direct deposit.
Want cash instead? You would need about $16,200 in savings for six months of Axos ONE interest to match the $400 Chase pays for $1,000 in direct deposits. With less than that, a cash bonus pays more. Our ranking of the best bank account bonuses has the current ones.
For a business, the math is simpler. START200 pays up to $200, $50 a cycle, for keeping a $3,000 average daily balance in a checking account with no monthly fee, as long as the business is under a year old. The $600 bundle only makes sense if the business has $50,000 it would hold in savings anyway. Before you pick a code, compare Axos with the best business checking accounts and with other business checking account promotions.
How Axos compares
Axos pays a higher rate. Chase and SoFi pay cash for direct deposits. Each runs other offers too: see Chase Bank promotions and SoFi promotions and sign-up bonus offers.
Axos ONE
Chase Total Checking
SoFi Checking and SavingsAxos ONE: the 5.00% APY applies for six months to savings balances up to $49,999.99, for new customers who meet the monthly requirements. Chase Total Checking: Offer expires 01/27/2027. Not available to existing Chase checking customers, those whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. One new checking account opening bonus every two years. $0 Monthly Service Fee with any one of: $500+ in qualifying electronic deposits, a $1,500 balance at the beginning of each day, a $5,000 average beginning day balance across linked qualifying accounts, or a linked qualifying checking account. Otherwise a $15 Monthly Service Fee applies. Account subject to approval. JPMorgan Chase Bank, N.A. Member FDIC. SoFi: The $450 is three bonuses: up to $400 for direct deposit through 12/31/2026, $25 for opening your first SoFi account with $50 or more, and $25 for enrolling in SoFi Plus, a paid subscription, each within 25 days. Only recurring income such as payroll or benefits counts as direct deposit. See SoFi for full terms. SoFi Bank, N.A. Member FDIC.
Axos business account promotions
Axos applies one promotion per business, so pick the code that fits before you apply.
2. Basic Business Checking
For businesses under a year oldWho it is for Businesses under a year old that can keep $3,000 in checking.
- No monthly maintenance fees
- Each $50 pays within 10 business days
- Business must be under a year old
- Closing within 180 days can cost $200
Apply with promo code START200 by 01/31/2027. New Axos Small Business customers only, with a business established less than one calendar year before applying. $50 in any four of the first five statement cycles. Closing within 180 days may bring a fee of up to $200. Axos Bank, Member FDIC.
For business cash reserves
Who it is for Businesses new to Axos with savings to park and $5,000 for checking.
- No monthly maintenance fee
- No minimum opening deposit
- Cannot be combined with SBB600
- Needs a $5,000 average in checking
Up to 3.91% APY is 3.50% APY plus a 0.41% APY Boost. New businesses only; account opened 10/01/2026 through 04/01/2027 with promo code BOOST41; open with Basic Business Checking in a single application; $5,000 average daily balance in Basic Business Checking. You must be new to Axos Business Premium Savings (not held one before 10/01/2026) and not have previously held any account with Axos Bank or UFB Direct. The boost applies for the first 6 statement cycles, then reverts to the standard APY. Rates are variable. APYs are accurate as of this update and can change. Fees may reduce earnings. Cannot be combined with SBB600, BOOST10 or any other offer. Axos Bank, Member FDIC.
The biggest Axos cash bonus is the Business Bundle: up to $600 with promo code SBB600. It pays $100 for each statement cycle in which you deposit $1,000 or more from an outside account into Basic Business Checking, make two debit card purchases of $50 or more, keep a $1,500 average in checking and keep a $50,000 average in Business Premium Savings. You can collect it up to six times within your first 7 statement cycles, and each $100 lands within 15 business days. Both accounts go on one application. You have to be a new Axos business customer in the promotion period, 10/01/2025 through 01/31/2027, and not have qualified for any part of this or another Axos promotion on any account in the last 12 months. It cannot be combined with BOOST41 or any other Axos offer. See the Business Bundle at Axos.
Which code fits? It comes down to where your cash sits. START200 suits a business under a year old that keeps about $3,000 in checking. SBB600 pays the most cash if you’d hold $50,000 in savings anyway and can hit the monthly deposit and debit steps. BOOST41 is the pick if you want the higher rate on all balances without those monthly steps, as long as $5,000 stays in checking. You only get one, so choose before you apply. If you take START200, keep the account open at least 180 days. The early closure fee of up to $200 would cancel the bonus.
MoreBest free business checking accounts
Before you count on the bonus
Four things Axos’s terms settle.
Axos counts an electronic ACH deposit of your paycheck or government benefits, such as Social Security or disability. Bank transfers, real time payments, ATM and mobile check deposits, person-to-person payments and international paychecks do not count. Axos ONE has a second option that accepts outside ACH transfers, incoming wires and mobile check deposits, but it takes $5,000 a month and a $5,000 checking balance.
The Axos ONE and Summit Savings boosts are paid with your monthly interest. START200 pays each $50 within 10 business days after a qualifying month ends. SBB600 pays each $100, and BOOST41 its extra interest, within 15 business days after the statement cycle. For Axos ONE and the bundle, deposits and purchases have to post by the 25th of the month to count.
Close Basic Business Checking within 180 days and Axos may charge an early closure fee of up to $200. Fund it within 60 days or Axos closes it automatically. The rate boosts stop when an account closes: Axos ONE needs checking and savings open on the 25th and on the day interest is paid, and BOOST41 ends if either business account closes.
Axos says its incentives may be taxable. It names IRS Form 1099-MISC for the Axos ONE promotion, and Form 1099-MISC or 1099-INT for the START200 bonus and for referral bonuses. Interest you earn is taxable income too. Set part of it aside.
MoreBank promotions without direct deposit
Axos referral bonus
Axos pays existing customers and the friends they refer. The friend has to be new to Axos and sign up through the customer’s personal link. There is no public code.
| Account the friend opens | Each of you gets | What the friend has to do |
|---|---|---|
| Axos Checking | $100 | Get $1,500 in direct deposits within 90 days of opening |
| Axos ONE | $50 | Get $1,500 in direct deposits into Axos ONE Checking within 90 days of opening |
| Summit Savings | $50 | Deposit $5,000 in new money and keep a $5,000 average for 30 days, within three months of funding |
Axos pays within 21 days after the requirements are met, and the account has to be open and in good standing. If the friend also uses a promo code on the same account, Axos says it may pay only the larger of the two rewards. Customers get their link by logging in to online banking. See the referral terms at Axos.
How we checked these
Every rate, bonus, code and deadline here comes from Axos Bank’s offer pages and promotion terms, read at this update.
The bonus or rate, the promo code, what you have to do, who qualifies, the end date and how the reward is paid.
Axos can change or end a promotion at any time without notice, and its rates are variable. Two of these offers end 10/31/2026.
Axos Bank promotions FAQs
Basic Business Checking pays up to $200 with promo code START200, through 01/31/2027. The Axos Business Bundle pays up to $600 with SBB600. Business Premium Savings gets up to 3.91% APY for six months with BOOST41. Summit Savings gets up to 4.01% APY for six months with SUM26, through 10/31/2026. Axos ONE needs no promo code.
New personal customers can get up to 5.00% APY on Axos ONE savings for six months, or up to 4.01% APY on Summit Savings with code SUM26. Both have to be opened by 10/31/2026. New business customers can get up to $200 on Basic Business Checking with code START200, or up to $600 on the Axos Business Bundle with code SBB600. Both run through 01/31/2027.
Not a cash one right now. Axos pays new personal customers a higher rate instead: up to 5.00% APY on Axos ONE savings for six months. The one cash route is a referral. Open Axos Checking through an existing customer’s link, get $1,500 in direct deposits within 90 days, and each of you gets $100.
No. Axos’s checking page no longer lists Rewards Checking or a cash bonus for it. It now shows Axos Checking, which pays 1.00% APY once you set up direct deposit, and Axos ONE, which pays up to 5.00% APY on savings for six months.
No. Axos’s Axos ONE offer page does not ask for one. Its terms give the higher rate to new customers who open the bundle from 10/01/2026 through 10/31/2026 and meet the monthly deposit and balance requirements.
Yes. Axos pays up to $100 to an existing customer and up to $100 to the friend they refer. Axos Checking pays $100 each once the friend gets $1,500 in direct deposits within 90 days. Axos ONE and Summit Savings pay $50 each.
Axos Bank is a member of the FDIC. Its deposits are insured up to $250,000, or up to $500,000 with a joint account. Accounts at UFB Direct, another Axos brand, count toward the same limit. Like any online-only bank, Axos is digital, so you manage everything in its app and on its website.
Plan on it. Axos says its incentives may be taxable and reported on IRS Form 1099-MISC or 1099-INT, depending on the offer. Interest from a rate boost is taxable income too.
