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Bank of America vs Axos Bank


 Bank of America
Member FDIC
Member FDIC
 Learn MoreLearn More
 

Bank of America

Axos Bank

OFFER
Bank of America® Business Advantage Banking - $400 or $750 Cash Bonus Offer

Read Bank of America Review

SPECIAL OFFER
Basic Business Checking - Learn More

Read Axos Bank Review

 

Benefits and Features

SavingsBank of America Advantage Savings Standard Rate: 0.01% APY0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)
CD
  • 7-Month CD - 3.51% APY
  • 10-Month CD - 2.95% APY
  • 13-Month CD - 2.00% APY
  • 25-Month CD - 1.75% APY
  • 37-Month CD - 0.11% APY
  • 1-Month CD - 0.03% APY
  • 120-Month CD - 0.03% APY
0.20% APY. Terms of 3 months to 5 years. $1,000 minimum
Checking
Check
Rewards Checking: Up to 3.30% APY
Cashback Checking: Up to 1% cashback
Money Market 
0.25% APY
Mobile App
iOS & Android
iOS & Android
ATMs
Approximately 15,000+ ATMs
approximately 91,000 partner ATMs
Customer Service
  • Monday -Friday: 8AM - 9PM ET
  • Saturday: 9AM - 6PM ET
  • Sunday: 8AM - 5PM ET
24/7
IRA CD
Check
 
Locations
3,700 financial centers
Online only
 

CreditDonkey® Reviews

 Bank of America
SavingsStarStarStarStarHalf Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarStar
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 checking and savings... Read full review
 Learn MoreLearn More

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

    Bank of America: Pricing information from published website as of 05/26/2026 based on 91107 zip code.

    Axos Bank: Pricing information from published website as of 05/12/2026.


    Articles on Bank of America

    Bank of America Review

    Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

    Bank of America Problems

    Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.

    Bank of America CD Rates

    Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.

    How to Close a Bank of America Account

    Want to close your Bank of America account? Learn how and what you need to do before you close your account.

    Bank of America Hours

    Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

    Bank of America Routing Number

    Find your Bank of America routing number and learn 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?


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