Save money and be informed. CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Ally Bank vs Axos Bank


 Axos Bank
Member FDIC
 Learn MoreLearn More
 

Ally Bank

Axos Bank

SPECIAL OFFER
Online Savings Account - 3.85% APY - Learn More

Read Ally Bank Review

SPECIAL OFFER
Basic Business Checking - Up to $400 Bonus - Learn More

Read Axos Bank Review

 

Benefits and Features

Savings
3.85% APY
0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)
CD2.90% to 4.20% APY. Terms of 3 months to 5 years. 12-month CD APY of 4.00%0.20% APY. Terms of 3 months to 5 years. $1,000 minimum
Checking0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000Rewards Checking: Up to 3.30% APY
Cashback Checking: Up to 1% cashback
Money Market
3.85% APY
0.25% APY
Mobile App
iOS & Android
iOS & Android
ATMs
43,000+ no-fee Allpoint ATMs
approximately 91,000 partner ATMs
Customer Service
24/7
24/7
Locations
Online only
Online only
 

CreditDonkey® Reviews

 Axos Bank
SavingsStarStarStarStarHalf Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarStar
Money MarketStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf Star
ATMsStarStarStarStarHalf Star
LocationsStarStarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Checking with rewards
  • No monthly fee
  • Domestic ATM rebates
Cons:
  • Low CD rates
  • No physical branches
Bottom Line Read full reviewFull-service online bank with excellent cashback and interest checking... Read full review

Ally Bank: Pricing information from published website as of 11/21/2024.

Axos Bank: Pricing information from published website as of 09/27/2024.

Axos Bank
Member FDIC

Basic Business Checking - Up to $400 Bonus

Expires 1/2/2025
  • Business owners get up to $400 welcome bonus!* Open a business checking account by January 2 and get up to $400 when you use promo code NEW400 on your application.*
  • No initial deposit requirement
  • No minimum balance requirement
  • No monthly maintenance fees
  • Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
  • Unlimited domestic ATM fee reimbursements
  • Unlimited item processing (debits, credits, and deposited items)
  • Cash deposits via MoneyPass and AllPoint networks
Axos Bank
Member FDIC

Business Premium Savings - Up to 4.01% APY

  • Unlock a bonus up to $375 with Business Premium Savings. Save more, pay lower fees, and get a limited-time bonus up to $375 with a 4.01% APY* Business Premium Savings account. Use promo code BPS375.†
  • Earn 4.01% APY* With Business Premium Savings
  • Free domestic and international incoming wires
  • No monthly maintenance fee
  • No minimum opening deposit
  • No average daily balance requirement
  • Business deposit accounts FDIC insured up to $250k
Axos Bank
Member FDIC

High Yield Savings - Up to 0.61% APY

  • 0.61% APY on balance < $25,000
  • 0.25% APY on balance $25K-$100K
  • 0.15% APY on balance > $100K
  • No monthly maintenance fees
  • No minimum balance requirements
  • $250 minimum opening deposit
  • Free incoming wires
  • Zero minimum balance requirement

Articles on Ally Bank

Ally No Penalty CD

Ally Bank's No Penalty CD offers a competitive APY without early withdrawal penalties. Learn more about this CD here.

Ally Bank Locations

Ally is an excellent online bank with no physical locations. So, how can you access your funds? Read on to find out.

Ally High Yield Savings

Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

Ally Bank Problems

Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

Ally Money Market vs Savings

Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

Ally Bank CD Rates

Ally Bank CD accounts offer high APYs and require no minimum deposit. But what is the catch? Learn more about Ally CD rates in this review.

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.

Articles on Axos Bank

Axos Bank Review

Axos Bank offers full-service banking completely online with no fees. Find out below whether they can replace your traditional bank account.

Axos Business Checking

Looking for affordable banking for your small business? Axos Bank offers a free business checking account or an interest-bearing account. Read on.

Which Do You Think is Best?





Which Bank Account is Right for You?


You Might Also Like

How Much Are ATM Fees

How Much Are ATM Fees

Felt robbed by ATM fees? Find out just how much cash they're taking from you.
Banks with No Overdraft Fees

Banks with No Overdraft Fees

Banks are slowly starting to ditch overdraft fees. If you're looking to open a new account without overdraft fees, here are some of the top picks.
Best Joint Checking Accounts

Best Joint Checking Accounts

Explore an expert review of the top joint checking accounts for your needs: married couples, unmarried couples, parents-teens, and businesses.
How to Maximize Savings

How to Maximize Savings

Saving is a crucial piece of your financial health. Keep reading to learn 12 of the most effective strategies for maximizing your savings.
Is Discover Savings Worth It
Discover Bank

Is Discover Savings Worth It

Is your money secure in a high-yield Discover® savings account? Get your answers now.
Chime Alternatives

Chime Alternatives

Discover the best Chime competitors that can offer you better rewards and a wider range of account options.
4 Types of Checking Accounts

4 Types of Checking Accounts

The right checking account can help you manage your money better. But there are many options. Find out which checking account is best for you.
Best Student Checking Accounts

Best Student Checking Accounts

A student checking account allows you to manage your money with fewer fees and requirements. Find the best student checking accounts offered by the top banks.
Banks With Free Checking and No Minimum Balance

Banks With Free Checking and No Minimum Balance

Discover top banks for free checking accounts with no minimum balance requirement. Open your account with $0 deposit.
Best Free Checking Accounts

Best Free Checking Accounts

Want to dodge hefty banking fees? Learn about the best free checking accounts in this detailed guide. No hidden charges or high balances needed.

About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.