If you’re looking for new business checking account available nationwide, be sure to check out Axos Bank Business Interest Checking to earn up to 1.01% APY.
For a limited time, you can earn a $100 bonus when opening a new Business Interest Checking account from Axos Bank.
Keep reading to learn more about the requirements and features of this account.
Axos Bank Business Interest Checking
Axos Bank is an internet bank that focuses on the very foundation of helping you establish a better financial future while having the ability to take advantage of the best rates the bank has to offer.
With convenient features and superior services, you are able to get the most out of your finances.
Here is your opportunity to earn a competitive rate when you open a new business checking account!
- What’s the offer: $100 Bonus + Up to 1.01% APY
- Availability: Nationwide
- Credit Inquiry: Soft Pull or Hard Pull?
- Credit Funding: Unknown
- Minimum Balance: $5,000
- Maximum Balance: None
- Monthly Fee: $5,000 minimum average daily balance requirement to waive the $10 monthly maintenance fee
- Early Termination Fee: None listed
(FDIC Insured)
How To Earn Bonus
- Open a new Business Interest Checking account using promo code SBIZ100 to earn a $100 bonus.
- You must be approved for your new Small Business Checking account and fund it within 60 days of account opening.
- A cash bonus of up to $100 can be earned in the following manner during the first five (5) statement cycles. A statement cycle is a calendar month consisting of the days your account was open during that month.
- $25 will be earned for each statement cycle during which the average daily balance in your Small Business Checking account must be at a minimum $5,000 or greater.
- A maximum of four (4) payouts can be earned during the five (5) statement cycles and the bonus will be deposited into your Small Business Checking account within 10 business days following the end of the statement cycle in which the balance requirement was met.
- To be eligible to earn all or a portion of the cash incentive as part of the “SBIZ100″ $100 promotion, a Basic Business Checking (BBC) or Business Interest Checking (BIC) that includes the promotional code “SBIZ100″ must be submitted between 05/15/2023 at 12:00am PT and 11:59pm PT on 06/30/2023. Axos Bank reserves the right to limit each primary account holder to one (1) checking account promotional offer per year and customers who have held primary ownership of an Axos Bank or Axos Bank for Nationwide checking or savings account at any time in the past 12 months may be disqualified from the “SBIZ100″ offer. Promotional terms and conditions are subject to change or removal without notice. Bonus cash may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After initial requirements above are met, the amount of cash bonus earned will depend on meeting the additional requirements outlined below:
- Small Business Checking bonus up to $100: You must be approved for your new Small Business Checking account and fund it within 60 days of account opening. A cash bonus of up to $100 can be earned in the following manner during the first five (5) statement cycles. A statement cycle is a calendar month consisting of the days your account was open during that month. $25 will be earned for each statement cycle during which the average daily balance in your Small Business Checking account must be at a minimum $5,000 or greater. A maximum of four (4) payouts can be earned during the five (5) statement cycles and the bonus will be deposited into your Small Business Checking account within 10 business days following the end of the statement cycle in which the balance requirement was met. Your Small Business Checking account must be open and in good standing at the time the bonus is paid to be eligible to receive the bonus and your Small Business Checking account must remain open for 120 days or an early closure fee of up to $100 may apply.
Axos Bank Business Interest Checking Rates
Balance | APY |
$0 – $49,999.99 | 1.01% |
$50,000 – $249,999.99 | 0.20% |
$250,000 – $499,999.99 | 0.10% |
$500,000 – $699,999.99 | 0.10% |
$700,000 – $999,999.99 | 0.10% |
$1,000,000 – $4,999,999.99 | 0.10% |
$5,000,000+ | Contact a Business Banking Relationship Manager at 844-678-2726 for current rates |
Axos Bank Account Benefits
- Business owners get up to $100 welcome bonus!*
- Choose smarter business banking by June 30 and enjoy up to $100.*
- Just use promo code SBIZ100 on your application.
- Up to 1.01% APY*
- $100 minimum opening deposit
- Pay no monthly maintenance fee with an average daily balance of at least $5,000
- Unlimited domestic ATM fee reimbursements
- Up to 50 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items)
- Up to 60 items per month for Remote Deposit Anywhere (includes monthly per item processing limitation)
- Get the most value from your checking account.
Author’s Verdict
If you are looking for a new business checking account, I recommend you check out the Business Interest Checking Account from Axos Bank to earn a decent rate and gain access to many great features.
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Let us know about your thoughts and experience with this account!
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