Additional information of High Yield Savings account
If you want to open the High Yield Savings account of Axos online neobank, you will first need a US address, a valid ID and $250 to cover the initial deposit.
With this financial management tool you can get an APY of 0.61% for a balance up to $24,999. After this amount you get 0.25% (from $25,000 to $99,999) and 0.15% for $100,000 or more.
Along with this, there are several advantages that accompany this interest-bearing savings account. It is a banking product that has no maintenance fee, does not require you to have a minimum balance, includes a number of digital tools and gives you a debit card just by asking for it.
It also comes with other benefits:
- Virtual financial assistant. It's called EVO and is available 24/7 to answer your questions.
- Alerts. Through this feature, you can set up push notifications and other alerts (email and sms) in real time.
- Card management. Using the control panel, you can activate/deactivate your debit, request a replacement and more.
- Beneficiary update. This option allows you to designate your beneficiaries who use digital banking.
- Biometric authentication. As security measures, you can use facial recognition, fingerprint and voice recognition.
- Referral program. Invite your friends to earn the welcome bonus and get $20.
Axos Bank's High Yield Savings account allows you to earn a little more interest than the average bank, pay fewer fees and get more additional benefits.
Español: Cuenta de ahorro High Yield de Axos Bank