Axos Bank vs Western Alliance Bank

Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to Western Alliance Bank? 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 Western Alliance Bank offers high-yield savings products and CD accounts.

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

	Member FDIC	Member FDIC
	Learn More	Visit Site
	Axos Bank	Western Alliance Bank
	SPECIAL OFFER Rewards Checking - Up to 3.30% APY - Learn More Read Axos Bank Review	SPECIAL OFFER High-Yield Savings Premier - 3.80% APY Read Western Alliance Bank Review
	Benefits and Features
Savings	0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)	High-Yield Savings Premier: 3.80% APY
CD	0.20% APY. Terms of 3 months to 5 years. $1,000 minimum	Up to 3.00% APY; 2-12 month term CDs. $1 minimum deposit.
Checking	Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback	Personal Checking, Personal Interest Checking
Money Market	0.25% APY
Mobile App	iOS & Android
ATMs	approximately 91,000 partner ATMs
Customer Service	24/7
Locations	Online only	35 locations
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
ATMs
Locations
Fees
Customer Service
Pros & Cons	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches	Pros: High APY No account activity or maintenance fees Cons: No debit card or checks
Bottom Line	Full-service online bank with excellent cashback and interest checking... Read full review	Solid bank that offers high APY savings products with a fully digital experience... Read full review
	Learn More	Visit Site
	Rewards Checking - Up to 3.30% APY Axos ONE - Earn up to 4.21% APY Basic Business Checking - Up to $200 Bonus	High Yield Savings Account - 3.80% APY High-Yield CD Rates - Up to 3.00% APY 12-Month High-Yield CD - 3.00% APY
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 02/20/2026. Western Alliance Bank: Information sourced from the published website as of 04/03/2026.

Member FDIC

Rewards Checking - Up to 3.30% APY

Get Deal

• 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

Member FDIC

Axos ONE - Earn up to 4.21% APY

Learn More

• Earn up to 4.21% APY* on savings, and 0.51% APY* on checking when you meet requirements.
• Get your money up to 2 days early.
• No monthly maintenance, minimum balance, account opening, or overdraft fees.

Member FDIC

Basic Business Checking - Up to $200 Bonus

Get Deal

Expires 6/30/2026

• Open a Basic Business Checking account using promo code START200 by June 30, 2026.
• Every dollar counts when you're starting out. That's why new businesses can earn up to $200 opening a new Basic Business Checking account today.
• 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

High-Yield Savings Premier - 3.80% APY

Learn More

• No account fees
• Option to open individual or joint account
• FDIC insured up to $250,000 per depositor
• Only $500 minimum opening deposit

The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC

High Yield Savings Account - 3.80% APY

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on Raisin's Secure Website

• No fees
• $1 minimum deposit
• 24/7 online access
• FDIC insured

High-Yield CD Rates - Up to 3.00% APY

Learn More

on Raisin's Secure Website

• No fees
• $1 minimum deposit
• FDIC insured

Term	CD Rates
2 Month	3.00% APY
3 Month	3.00% APY
4 Month	3.00% APY
5 Month	3.00% APY
6 Month	3.00% APY
9 Month	3.00% APY
12 Month	3.00% APY

Which is Better: Axos Bank or Western Alliance Bank?

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 Bank of America.

In short: Axos Bank's mobile app is notable. Western Alliance Bank's cd is outstanding.

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 Bank vs Bank of America

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.

Articles on Western Alliance Bank

Western Alliance Bank Review

Western Alliance Bank offers savings products with competitive APYs for people looking to grow their money. Is there a catch? Read on to find out.

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• Western Alliance Bank vs Ally Bank
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Which Do You Think is Best?

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