Earn up to $200 for a new Business Interest Checking account with this offer from Axos Bank. Full details below!
- Update 8/31/2023: The offer has been extended through 9/30/2023.
- Update 7/20/2023: Welcome bonus has increased to $200 and is good through 8/31/2023.
- Update 7/6/2023: Welcome bonus has been extended through 7/19/2023.
- Update 5/30/2023: The welcome bonus has been updated. See details below.
- Update 3/22/2023: Offer has been extended until 6/30/2023. More details below.
- Update 1/5/2023: Offer has been extended until 3/31/2023. Details below.
See all offers from Axos at the bottom of this write-up.
How To Earn The Bonus
- To be eligible to earn all or a portion of the cash incentive as part of the promotional offer “NEWSBC,” an application for a Basic Business Checking or Business Interest Checking account must be submitted between 07/19/2023 at 12:00 am PT and 09/30/2023 at 11:59 pm PT.
- Approval and funding of the Small Business Checking account within 60 days of opening are required to qualify for the incentive.
- A maximum incentive of up to $200 can be earned over the first five statement cycles.
- Up to $100 bonus: Each statement cycle, a $25 payout is earned with an average daily balance between $5,000 and $9,999.99.
- Up to $200 bonus: Each statement cycle, a $50 payout is earned with an average daily balance of $10,000 or greater.
- A maximum of four payouts can be earned during the five statement cycles.
- The incentive will be deposited into the Small Business Checking account within 10 business days after meeting the balance requirements in each statement cycle.
- The account must remain open and in good standing at the time of payout to be eligible for the incentive.
- The Small Business Checking account must remain open for 120 days, or an early closure fee of up to $200 may be charged.
- Business owners get up to $200 welcome bonus!*
- Choose smarter business banking by September and enjoy up to $200.*
- Up to 1.01% APY*
- $100 minimum opening deposit
- Pay no monthly maintenance fee with an average daily balance of at least $5,000
- Unlimited domestic ATM fee reimbursements
- Up to 50 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items)
- Up to 60 items per month for Remote Deposit Anywhere (includes monthly per item processing limitation)
- Get the most value from your checking account.
- <$50K = 1.01%
- $50K to $249,999.99 = 0.20%
- >$250K = 0.10%
How To Waive The Monthly Fee
$5,000 minimum average daily balance requirement to waive the $10 monthly maintenance fee.
- Axos Bank allows only one checking account promotional offer per year for each primary account holder.
- Customers who have been primary owners of an Axos Bank, UFB, or Axos Bank for Nationwide checking or savings account in the last 12 months cannot avail this offer.
- The promotional terms and conditions are subject to change or removal without prior notice.
- The incentive received may be taxable and reported on IRS Form 1099-MISC.
- It is advised to consult a tax advisor regarding the tax implications of the incentive.
If you’re looking for an online business account this could be worth your while. It will take 4-5 months to see the maximum bonus. But, the requirements are quite easy.
More from Axos Bank:
- Business Premium Savings Up To $300 Bonus & 4.01% APY [Nationwide] – Ends 9/30/23
- Axos Bank Rewards Checking Up To $300 Welcome Bonus & 3.30% APY – Ends 12/31/23
- Best Axos Bank Bonuses, Promotions of September 2023 (Get $200+)
- Axos Bank Basic Business Checking Up To $200 Bonus [Nationwide] – Ends 9/30/23
- UFB High Yield Savings & High Yield Money Market Accounts Earn Up To 5.25% APY
- Axos $250 Bonus for Managed Portfolios or Self-Directed Trading Investing Accounts – Offer Has Ended
- Axos Bank Give $50, Get $50 Referral Program For Essential/Rewards Checking Accounts