Axos Business Checking: Up to $200 Bonus

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Finding the right business checking account can be challenging. While you may be tempted to go through the bank or credit union that you do your personal banking with, branching out and comparing other options can help you score some excellent features.

Axos Bank offers three great examples in its Basic Business Checking, Business Interest Checking and Analyzed Business Checking accounts. Here's what you need to know about each business bank account and how to determine which is the best for you.

Axos Basic Business Checking Account

• N/A APY
• $0 Monthly
  Maintenance Fee

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Axos Business Interest Checking

• Up to 1.01% APY
• $10 with options to waive Monthly
  Maintenance Fee

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Business Bank Account Bonuses: Up to $200 Promo

You shouldn't decide which account to choose solely because of its bonus, but it can be the cherry on top if the account has a lot of great features. With the Basic Business Checking account, you can earn a welcome bonus worth up to $200. Here's how the Axos business checking bonus works.

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Basic Business Checking Bonus

One way to be eligible for the bonus is to open a Basic Business Checking by account by June 30, 2026, and use the promotional code START200.

Eligible account holders can earn up to $200 during the first five statement cycles: $50 for each statement cycle during which the average daily balance in your account is at least $3,000. A maximum of four payouts can be earned during the five statement cycles.*

*Disclosure

To be eligible to earn all or a portion of the $200 cash incentive under this promotional offer, a Basic Business Checking account application with the promotional code "START200" must be submitted between 01/30/2025 at 12:00 am PT and 6/30/2026 at 11:59 pm PT. You must be approved for your new Basic Business Checking account and fund the account within 60 days to avoid automatic closure. Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC or 1099-INT. Consult your tax advisor. After initial requirements above are met, the amount of incentive earned will depend on meeting the additional requirements outlined below.

To earn up to a maximum of $200, a $50 payout can be earned in any four (4) of the first five (5) statement cycles (calendar months), including the cycle during which the account is opened. To earn each $50 cash incentive, the average daily balance in your Basic Business Checking account must be at least $3,000 for that statement cycle. The incentive will be deposited into your Basic Business Checking account within 10 business days following the end of the statement cycle during which the balance requirement was met, as long as the account is open and in good standing. The Basic Business Checking account must remain open for 180 days or an early closure fee of up to $200 may apply.

This promotion is only available to new Axos Small Business customers who:

• Established their business less than one (1) calendar year from the date of application submission. Proof of formation date may be verified via the Secretary of State or Business Formation documents.
• Have not held primary ownership of any Axos Small Business Banking account at any time.

This offer cannot be combined with any other new Axos Small Business account introductory incentive/bonus offer unless otherwise expressly stated in the conditions of that offer.

Axos Bank Business Checking Accounts

Axos Bank offers three business checking accounts, each with a different set of features and fees. Here's what you need to know about each one before you apply.

Axos Basic Business Checking Account

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• Our Rating 4/5 How our ratings work
• APYN/A
• Minimum
  Deposit RequiredN/A
• Intro Bonus Up to $200Expires June 30, 2026 More Info

  Open a business checking account by June 30, 2026 and get up to $200 when you use promo code START200 on your application.*

Axos Basic Business Checking is a good fit for new businesses or those that don’t generate a lot of sales (yet). It offers a sign-up bonus worth up to $200, which is relatively competitive, has no monthly fees, and unlimited domestic ATM fee reimbursements. However, Axos is an online-only bank, so it’s not a good option if your business handles cash regularly.

• Overview
• Pros & Cons

Overview

With Axos Bank’s Basic Business Checking Account, you don’t have to worry about monthly maintenance fees, minimum balances or a minimum opening deposit. Add on a sign-up bonus worth up to $200, and it’s easy to recommend this account to newly incorporated small businesses, or those who want to try out Axos Bank.

Pros

• No monthly maintenance fee
• Unlimited domestic ATM fee reimbursements
• No minimum deposit required to open an account
• 2 free domestic wire transfers each month

Cons

• Account does not earn interest
• No physical branch locations

If your small business is new or doesn't generate a lot of sales yet, the Basic Business Checking account may be right for you. There is no monthly maintenance fee like there is with many business bank accounts. The account offers unlimited domestic ATM fee reimbursements if you venture outside of the bank's ATM network — though the network includes roughly 91,000 machines throughout the country. There's also no minimum balance requirement, and no minimum deposit required to open an account.

When you first sign up, you'll get four months of free access to ADP payroll services. You also receive two free domestic wires each month. If you're looking for a small-business checking account with no monthly fee, this one stands out compared to most alternatives.

Axos Business Interest Checking

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• Our Rating 4/5 How our ratings work
• APYUp to 1.01% More Info

  Customers earn 1.01% APY on balances between $0 and $49,999.99; balances between $50,000 and $249,999.99 earn 0.20% APY; balances of $250,000 or more earn 0.10% APY.

• Minimum
  Deposit Required$100
• Intro Bonus N/A

Axos Business Interest Checking is our favorite small business checking account for newly incorporated businesses. We’ve seen them offer up to 1.01% APY on your funds, which is great for a checking account, typically has a solid sign-up bonus, 100 free monthly transactions, and it’s relatively simple to waive the $10 monthly maintenance fee. But keep in mind Axos is an online bank, so cash-heavy businesses are not a good fit.

• Overview
• Pros & Cons

Overview

Axos Bank’s Business Interest Checking Account is a great option for newly incorporated businesses eager to earn interest on deposits. It offers up to 1.01% interest.

Pros

• Earn interest on deposits
• Monthly maintenance fee can be waived
• Unlimited reimbursements from any domestic ATM

Cons

• APY decreases with higher balances
• Limited fee-free transactions every month
• Monthly maintenance fee

Another business checking account from Axos Bank, Business Interest Checking offers an impressive annual percentage yield (APY) of up to 1.01% on your deposits. Here's how the tiers work based on your balance amount:

• 1.01% if your balance is between $0 and $49,999.99.
• 0.20% if your balance is between $50,000 and $249,999.99.
• 0.10% if your balance is $250,000 or more.

The account's monthly maintenance fee is $10, but you can get it waived if your average daily balance is at least $5,000.

Like the Basic Business Checking account, this one gives you unlimited domestic ATM fee reimbursements, giving business owners a lot of flexibility to access their cash. Accountholders also receive four months of free ADP payroll services.

But while this account charges a monthly fee that can be waived, it only offers 100 fee-free transactions every month. After that, you'll pay $0.50 per item. The minimum deposit to open an account is $100.

Other Axos Bank Business Products and Services

In addition to three checking accounts, other Axos business banking products including:

Axos Business Premium Savings Account

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• Our Rating 5/5 How our ratings work
• APY3.80% More Info

  Earn 3.80% APY* With Business Premium Savings

• Minimum
  Deposit RequiredN/A
• Intro Bonus $600Expires June 30, 2026 More Info

  Unlock a bonus up to $600 with Business Premium Savings when you bundle it with the Basic Business Checking account. Use promo code SBB600.†

The Axos Business Premium Savings account is a great option for businesses that want to extract extra value from their savings. We appreciate that all balances earn the same high interest rate with this account.

• Overview
• Pros & Cons

Overview

The Axos Business Premium Savings account offers a strong APY with fewer fees than you may find with competing products, as well as no minimum opening deposit requirement. While Axos breaks down interest rates into several different tiers, currently all tiers earn the same high rate.

Pros

• Competitive interest rates on all balances
• No monthly maintenance fee or minimum opening deposit requirement
• No ongoing balance requirement

Cons

• No physical branch locations

Unlike many banks that offer business products, Axos doesn't offer small-business credit cards. That said, you can get the following financing options:

• Commercial line of credit
• Commercial term loan
• Equipment financing
• Commercial real estate bridge and construction loans
• Small balance commercial real estate lending
• Residential warehouse lending
• Lender finance

Depending on what type of financing you need to grow your business, Axos Bank may be able to offer some options to help. Before you apply, though, make sure you compare other lenders and loan offers.

And if you need a business credit card for your everyday business operations, there are plenty of cards you can choose from. Many of them offer big sign-up bonuses and high rewards rates, and some will even give you an introductory 0% APR promotion on new purchases, which can be handy if your cash flow is irregular.

Should You Get an Axos Business Checking Account?

Axos Bank offers some impressive checking accounts. If you want to avoid ATM fees, earn interest or get access to premium merchant services, there's an option for you with Axos.

It is worth noting that Axos is an online-only bank, which means there aren't any brick-and-mortar locations for actual in-person services.

But if you're a banking customer who doesn't need physical branches, an online-only bank like Axos can suit all your needs. And as of March 2022, Axos customers can make cash deposits via MoneyPass and AllPoint ATMs, a major standout feature among online banks.

While it's possible to get an account with no monthly maintenance fee and two of the bank's business checking accounts reimburse domestic ATM fees, the bank does charge an overdraft fee. That's a standard fee among many banks and credit unions, but there are some business bank accounts that don't charge it.

Before you apply for a small-business checking account, take some time to compare it to others that are available. Some other online options include Bank Novo, NBKC Bank and BlueVine. All of these online banks offer excellent business banking products with no monthly maintenance fee.

If you're looking for a small-business checking account from a traditional bank, U.S. Bank offers an account with no monthly fee.

The Bottom Line

If you're thinking about getting a bank account for your small business, there are several options to choose from. Axos Bank can be a solid choice for internet-based businesses that don't do any cash transactions. But it won't be a good option if your company handles cash frequently.

Among the three business checking accounts available, business owners should consider what their needs are and how much they're willing to pay. Even with the Business Interest Checking account offering a way to get the monthly fee waived, maintaining that high of a balance can be a big ask for many small business owners.

If you want to try out Axos Bank, you can open a Basic Business Checking account and get the bonus while you get a feel of whether it's right for you. Just remember that there's an early closure fee if you close within 180 days, so it's a good idea to take your time to determine whether it's the right small business banking service for you.

*Disclosure

†Axos Small Business Banking customers can earn up to $600 through the Axos Small Business Banking Cash Bonus Promotion. Promotional terms and conditions are subject to change or removal without notice.

Axos Small Business Banking Cash Bonus Promotion Terms The following terms and conditions (the “Terms”) apply to the Axos Small Business Banking Cash Bonus Promotion, which allows eligible businesses (as defined below) to earn up to $600 on their Basic Business Checking account over 6 statement cycles after account opening by completing the required actions described below.
Promotion Period: October 9th, 2025 at 12:00 a.m. E.T. – June 30, 2026 at 11:59 p.m. E.T.

Who is eligible for the Cash Bonus Promotion?
To be eligible to qualify for the Cash Bonus Promotion, a business must:
·                Become a new Axos business customer in the Promotion Period (10/9/2025 – 6/30/2026)
·                Apply and be approved for a Business Premium Savings account AND a Basic Business Checking account through a single application (bundle)
·                Enter the promo code (SBB600) in the Business Premium Savings / Basic Business Checking application
·                Not have qualified for any part of this, or another, Axos promotion on any account(s) within the last 12 months as of the date that the bundled accounts were opened
Businesses who have opened an Axos Small Business Banking account prior to the Promotion Period are not eligible for the Cash Bonus Promotion. Eligible businesses must complete the qualifying activities described below in each Statement Cycle in order to receive the cash bonus in that Statement Cycle.
What qualifying activities do I need to complete to earn the cash bonus?

To qualify for each cash bonus during an eligible Statement Cycle, an eligible business must meet the following requirements in each Qualification Period:
·                Deposit $1,000 or more (via ACH, check, or wire) into their Basic Business Checking account from an external source
·                Use the debit card associated with their Basic Business Checking account to make 2 or more approved purchases of at least $50 for each transaction
·                Maintain an average daily balance of at least $1,500 in the Basic Business Checking account
·                Maintain an average daily balance of at least $50,000 in the Business Premium Savings account

The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the Cash Bonus starting in the following month.

Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.

Both accounts must be in an open and active status on the 25th of the month and on the date the Cash Bonus is paid to receive the Cash Bonus for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the Cash Bonus for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.

Additional Important Terms for the Axos Small Business Banking Cash Bonus Promotion
A business is eligible to qualify in the first 7 statement cycles after eligible accounts are opened.
An eligible business can qualify for the Cash Bonus for a maximum of 6 statement cycles.
If an eligible business meets the qualifications during the Qualification Period within a Statement Cycle, a payment of $100 will be credited to their Basic Business Checking account.
This $100 credit will be paid within the first 15 business days following the end of the Statement Cycle in which the eligible business qualified.

An eligible business can earn up to $600 in cash bonuses throughout the entirety of this promotion.
Only one promotional offer may apply to a business at any time. The Cash Bonus Promotion may not be combined with other promotional offers.

Promotion is non-transferable and limited to one account per business. Any subsequent accounts opened by the business will not be eligible for the Cash Bonus Promo.

Axos reserves the right to modify, suspend, or terminate the Promotion at any time without notice.
Standard rates are variable and subject to change at any time. Fees may reduce earnings. For current rates and additional disclosures, please see:
https://www.axosbank.com/business
https://www.axosbank.com/legal/disclosures