Earn up to $300 for a new Rewards Checking account from Axos Bank with this promotion. Direct deposit will be required for this offer. Full details below!
Axos Bank’s Rewards Checking account is a high-interest checking account with no monthly fees or minimum balance requirements. The account offers a competitive interest rate and unlimited domestic ATM fee reimbursements.
Additionally, Axos Bank provides a debit card with cashback rewards on qualifying purchases. Axos Bank also offers mobile banking apps and 24/7 customer service support.
- Update 8/9/2023: Offer has increased to a $300 maximum bonus and good through December 31, 2023.
- Update 7/26/2023: $100 welcome promo has been extended through August 9, 2023.
- Update 6/28/2023: Promotion RC100 has been extended through July 31, 2023.
- Update 4/27/2023: Promotion RC100 is back until June 30, 2023.
- Update 4/12/2023: The $100 bonus promotion RC100 has ended.
- Update 3/27/2023: The offer has been extended through 4/12/23.
- Update 3/1/2023: Now earn up to 3.30% APY with the Axos Bank Rewards Checking account.
- Update 1/11/2023: Offer has been extended until 3/31/23 and has decreased from a $150 bonus to a $100 bonus. See below for details.
- Update 1/5/2023: Offer has been extended until 1/11/23. Details below.
How To Earn The Bonus
The Rewards Checking account from Axos Bank earns interest and has no monthly maintenance fees. This account is available online, nationwide.
Here’s how to earn the bonus:
- Submit an Axos Bank Rewards Checking application with the promotional code above before the expiration date.
- You must be approved for your new Axos Bank Rewards Checking account, fund it within 30 days of account opening, and have qualifying direct deposits that total at least $7,000.00 each calendar month during the first seven (7) calendar months your account is open as well as maintain a minimum average daily balance of $15,000.
- The minimum balance must be achieved and maintained from September 2023 through March 2024.
- A cash bonus of up to $300 can be earned in the following manner during the first seven (7) statement cycles. A statement cycle is a calendar month consisting of the days your account was open during that month. A maximum of six (6) payouts of $50 for each calendar month that the Rewards Checking account is receiving the direct deposit and maintain a minimum average daily balance of $15,000 can be earned during the seven (7) statement cycles, and the bonus will be deposited into your Axos Bank Rewards Checking account within 10 business days following the end of the statement cycle in which the direct deposit requirement was met.
- Your Axos Bank Rewards Checking account must be open and in good standing at the time the bonus is paid to be eligible to receive the bonus, and your Axos Bank Rewards Checking account must remain open for 210 days, or an early closure fee of up to $300 may apply, equal to the amount of the total bonus earned up to $300.
- A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability etc. Other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.) or person-to-person payments are not considered a direct deposit.
The Monthly Fee
There are no monthly maintenance fees with this account.
This is another great online checking option. Unlimited domestic ATM reimbursements give you the flexibility to use any U.S. ATM fee-free.
You have an opportunity to potentially earn as much as $300, but there are some requirements you need to fulfill. Make certain to submit your application using the promo code before the expiry date.
Keep in mind the qualifying deposits should come from your employer, payroll, or benefits provider via ACH deposit. Other deposits, like checks, P2P transfers, merchant transactions, and non-employer bank transfers, don’t count.
Make sure you keep your account open for at least 180 days; otherwise, you might face an early closure fee of $100.
If you’re in the market for an online checking account and are okay with meeting the direct deposit requirement, it’s worth considering.
See more from Axos:
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- Best Axos Bank Bonuses, Promotions of September 2023 (Get $200+)
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- Axos $250 Bonus for Managed Portfolios or Self-Directed Trading Investing Accounts – Offer Has Ended
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