Axos Bank requires no minimum balance across all personal accounts. There is no minimum opening deposit. Rewards Checking earns up to 3.30% APY on balances up to $50,000 when qualifying activities are met each month.
Axos Bank Balance Requirements
| Account | Monthly Fee | Minimum Balance | Opening Deposit |
|---|---|---|---|
| Rewards Checking | $0 | $0 | $0 |
| Essential Checking | $0 | $0 | $0 |
| CashBack Checking | $0 | $0 | $0 |
| High Yield Savings | $0 | $0 | $0 |
Rewards Checking: APY Tiers (2026)
Rewards Checking earns up to 3.30% APY through qualifying monthly activities:
| Condition | APY Contribution |
|---|---|
| $1,500+ monthly direct deposit | Tier 1 |
| 10+ debit card purchases | Tier 2 |
| Axos Invest account with activity | Tier 3 |
All three tiers together: up to 3.30% APY on balances up to $50,000. Meeting only some conditions earns a lower rate (approximately 0.65%–1.00%). Without any qualifying activities, the rate falls to baseline.
Axos vs Competitors: Minimum Balance
| Bank | Minimum Balance | Monthly Fee |
|---|---|---|
| Axos | $0 | $0 |
| Ally | $0 | $0 |
| SoFi | $0 | $0 |
| Schwab | $0 | $0 |
| Chase | $0 | $12 (waivable) |
| Fifth Third | $1,000 | $11 (waivable) |
Related Guides
- Axos Bank fees 2026 — unlimited ATM reimbursement, wire fees
- Axos Bank routing number 2026 — 122287251
- Axos Bank vs Schwab 2026 — online bank comparison
- Axos Bank customer service 2026 — 24/7 support
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