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Axos Bank vs Lili

Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to Lili? Read our comparison chart below.

Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

While Lili is designed for sole proprietors and single-member LLCs. It helps you prepare for taxes with a write-off tracker, automated tax savings, and pre-filled tax forms. The Lili basic account has no monthly fees or minimums.

Compare Axos Bank with Lili, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Axos Bank
Member FDIC
Lili
 Visit SiteVisit Site
 

Axos Bank

Lili

SPECIAL OFFER
Rewards Checking - Up to 3.30% APY - Learn More

Read Axos Bank Review

SPECIAL OFFER
Free Checking Account for Sole Proprietors and Single-Member LLC - Learn More

Read Lili Review

 

Benefits and Features

Savings0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)Emergency Bucket for all users; Lili Pro users also get an Emergency Bucket with 4.15% APY
CD0.20% APY. Terms of 3 months to 5 years. $1,000 minimum 
CheckingRewards Checking: Up to 3.30% APY
Cashback Checking: Up to 1% cashback
No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
Monthly Fee 
$0
Money Market
0.25% APY
 
APY 
N/A
Minimum Deposit to Open 
$0
Mobile App
iOS & Android
 
ACH Transfer Fee 
$0
ATMsApproximately 91,000 partner ATMsApproximately 40,000 MoneyPass ATMs
Balance Requirement 
$0
Cash Deposit Fee 
Up to $4.95
Customer Service
24/7
Monday – Friday 9am – 7pm EST
Incoming Wire Transfer Fee 
$0
Locations
Online only
Online only
Out of Network ATM Fee 
$2.50 ($5 for international)
Outgoing Wire Transfer Fee 
N/A
Overdraft Fee 
$0
 

CreditDonkey® Reviews

 Axos BankLili
SavingsStarStarStarStarHalf StarStarStarStarEmpty StarEmpty Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarStarStarStarStarStarStar
Money MarketStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf StarStarStarStarStarHalf Star
ATMsStarStarStarStarHalf Star
LocationsStarStarEmpty StarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Checking with rewards
  • No monthly fee
  • Domestic ATM rebates
Cons:
  • Low CD rates
  • No physical branches
Pros:
  • No monthly fees
  • Expense tracking
  • Save for taxes
Cons:
  • Best features only for paid Lili plans
  • No checks
  • Fee to deposit cash
Bottom LineFull-service online bank with excellent cashback and interest checking... Read full reviewMixed-use account for small business owners to help manage expenses and taxes... Read full review
 Visit SiteVisit Site

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 06/14/2024.

Axos Bank
Member FDIC

Rewards Checking - Up to 3.30% APY

Expires 7/31/2024
  • Cash in on up to a $500 bonus† and up to 3.30% APY* with a new Rewards Checking account. Just use promo code RC500 before July 31.
  • Build your own APY with up to 3.30% APY*
  • Zero monthly maintenance fees
  • Zero overdraft or NSF fees
  • Zero minimum monthly balance reqs
  • No initial deposit requirement
  • Unlimited domestic ATM fee reimbursements
  • Online debit card management
  • Simple, 3-step process for direct deposit
Axos Bank
Member FDIC

Basic Business Checking - Up to $400 Bonus

Expires in 6 days
  • Business owners get up to $400 welcome bonus!*
  • Open a business checking account by June 30 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

CashBack Checking - Earn up to 1.00% Cash Back

  • Earn up to 1.00% cash back on signature-based purchases
  • Unlimited domestic ATM fee reimbursement
  • No monthly maintenance fee
  • $50 minimum balance required to open account
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • Sign up in 3 minutes; no credit check
  • No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
  • Automatic Savings
  • Get paid up to 2 days early
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • $0 minimum opening deposit
  • No minimum balance requirement
  • No foreign exchange fee
  • Get direct deposits up to 2 days earlier
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • Automatic Savings
  • Free withdrawals at 38k ATMs
  • Get direct deposits up to 2 days earlier
  • No foreign transaction fees
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC

Which is Better: Axos Bank or Lili?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Axos Bank or Chase.

In short: Axos Bank's savings is notable.


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.

Is Axos Bank Safe and Legit

Is Axos Bank safe and legit? Find out if Axos is a good bank and learn more about its pros, cons, and common complaints.

Articles on Lili

Lili Review

Lili offers a free business checking account with tax planning and expense tracking tools. Review the features to find out if Lili is worth it.

Which Do You Think is Best?





Which Bank Account is Right for You?


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