Axos Bank Business Interest Checking

Axos Bank Business Interest Checking is a tiered, interest-bearing business checking account. Per Axos's rate table, accurate as of 10/17/2026, the APY is 1.01% on balances from $0 to $49,999.99, 0.20% from $50,000 to $249,999.99, and 0.10% from $250,000 up to $4,999,999.99; balances of $5,000,000 or more require a call to a relationship manager. The rate is variable, set at the bank's discretion, and may change as often as daily without notice. A $100 minimum opening deposit is required and there is a $10 monthly maintenance fee that is waived with a $5,000 minimum average daily balance. Each business entity may open only one new Small Business Interest Checking account. Domestic ATM fees are reimbursed without a cap. The account integrates with QuickBooks and Quicken, shows real-time transaction updates, and runs through the Axos mobile app for wires, bill pay and transfers between business and personal accounts. Axos also offers payroll, treasury management, merchant services and SBA loans. Deposits are FDIC insured up to $250,000, with the IntraFi Insured Cash Sweep able to expand coverage up to $265MM. The yield is highest on small balances and falls off sharply, so this suits an operating account kept under $50,000 rather than a large cash reserve.