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Axos Bank vs Discover Bank


 Axos BankDiscover Bank
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Axos Bank

Discover Bank

SPECIAL OFFER
Rewards Checking - Learn More

Read Axos Bank Review

SPECIAL OFFER
Online Savings Account - Earn 0.95% APY - Learn More

Read Discover Bank Review

 

Benefits and Features

Savings0.90% APY. No minimum opening deposit. No monthly maintenance fee. Daily Compounding Interest.
0.95% APY
CD0.25% - 0.40% APY. Terms of 3 months to 60 months. No maintenance fee. Minimum deposit of $1,000.0.25% to 1.05% APY. Terms of 3 months to 10 years. 12-month CD APY of 0.90%. Minimum deposit of $2,500 to open.
CheckingEarn up to 1.25% APY if you meet 2 out of 3 conditions. 1. Monthly direct deposits totaling $1,000 or more 2. Use your Axos Visa® Debit Card for a total of 10 transactions per month (min $3 per transaction). 3. Use your Axos Visa® Debit Card 5 more times, a total of 15 transactions per month (min $3 per transaction).Earn 1% cashback on up to $3,000 in debit card purchases each month
Money Market0.90% APY. No minimum balance requirements. No fees to open or maintain account.0.80% APY under $100,000; 0.85% APY $100,000 or more. $2,500 minimum deposit.
Customer Service 
24/7
ATMs 
Over 60,000 no-fee ATMs
IRA CD 12-month CD APY of 0.90%. 24-month CD APY of 0.90%. 5-year CD APY of 1.05%.
Locations 
Online Only
 

CreditDonkey® Reviews

 Axos BankDiscover Bank
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & ConsPros:
  • High yield
  • Cashback checking
  • 24/7 customer service
Cons:
  • No interest checking
  • $2,500 minimum deposit for CDs
Bottom Line Read full reviewSolid online bank with high APY rates and good customer service... Read full review
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What Others View

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    Axos Bank: Pricing information from published website as of 07/01/2020.

    Discover Bank: Pricing information from published website as of 5/29/2020


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