Discover how to earn up to a $500 bonus at Axos Bank. The offer is available until July 31, 2024. Axos Rewards Checking also pays up to 3.30% APY.
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Axos Bank is increasing its checking account bonus this summer.
If you open a new Axos Bank Rewards Checking by July 31, 2024, and meet certain requirements, you can get a cash bonus up to $500 welcome bonus when you use the promo code RC500 to apply for a Rewards Checking account and complete qualifying activities by 7/31/24. Previously, the bank offered up to $300 for a checking account bonus.
Find out how to qualify for the maximum $500 Axos checking bonus, and see how it compares to the best checking account bonuses.
First, you'll need to apply for a new Axos Bank Rewards Checking online using the promotional code "RC500."
Then, you'll need to meet the following requirements during the first six calendar months, starting in the statement cycle 30 days after your account is opened:
Each month that you fulfill the criteria, you'll earn $100. The bonus will be deposited into your checking account within 15 business days following the end of the statement cycle in which the requirements are completed. There's a maximum of five payouts of $100 during the six statement cycles.
By receiving qualifying direct deposits of $1,500 or more each month, you also qualify to earn 0.40% APY on the account.
Axos Rewards Checking pays up to 3.30% APY. If you want to earn the highest APY, you have to do the following each month in addition to receiving qualifying direct deposits:
Also, keep in mind that Axos Rewards Checking has no monthly service fee, no overdraft fees, and no minimum balance requirements.
Other national banks also have checking account bonuses of $500 or more. You might prefer one of these bonuses if you find the requirements are easier to meet.
Keep in mind that all of these accounts have monthly service fees. To maximize your savings, make sure you qualify to waive monthly service fees and other common bank fees. Otherwise, Axos or another online bank will be a better fit for you, since their accounts don't have typical bank fees.
New Huntington Bank Platinum Perks Checking customers can get a $600 when they open an account with a promotional code by October 7, 2024, make a new money deposit of $25,000 or more in the first 90 days, and keep it open for 90 days.
To be eligible for the $600 bonus at Huntington Bank, you must live in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, or Wisconsin.
If you're interested in banking with BMO Bank, there's a $500 checking bonus available for new customers.
To qualify, you must open a BMO Relationship Checking account with a promo code by September 9, 2024, and make qualifying direct deposits of $7,500 or more within the first 90 days.