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 $400 bonus when opening a new Business Interest Checking account from Axos Bank.
Update 8/21/24: Offer has been extended through 10/31/24! With this business checking account, you’ll earn interest and get access to many perks and benefits along with an opportunity to earn a lucrative bonus!
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: $400 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 NEW400.
- You must be approved for your new Business Interest Checking account and fund it within 30 days of account opening.
- An incentive of up to $400 can be earned during the first five (5) statement cycles.
- You can earn a maximum of four (4) payouts during the five (5) statement cycles, and the incentive will be deposited into the qualifying account within 10 business days following the end of the statement cycle in which the balance requirement was met.
- $75 will be earned for each statement cycle, up to $300 when you meet three requirements:
- 1) the average daily balance in your Basic Business Checking account or Business Interest Checking Account is between $25,000 and $49,999.99,
- 2) you have completed ten (10) point-of-sale transactions per month using your Small Business Checking Visa® Debit Card for signature-based purchases with a minimum of $3 per transaction,
- 3) You must also have bill pay set up and connected to your Basic Business Checking account or Business Interest Checking account. The bill pay transaction minimum is $10.
- $100 will be earned for each statement cycle, up to $400 when you meet three requirements :
- 1) the average daily balance in your Basic Business Checking account or Business Interest Checking Account is greater than $50,000,
- 2) you have completed ten (10) point-of-sale transactions per month using your Small Business Checking Visa® Debit Card for signature-based purchases with a minimum of $3 per transaction,
- 3) You must also have bill pay set up and connected to your Basic Business Checking account or Business Interest Checking account. The bill pay transaction minimum is $10.
- $75 will be earned for each statement cycle, up to $300 when you meet three requirements:
- Your Small Business Checking account must remain open and in good standing at the time the incentive is paid to be eligible. Furthermore, your Small Business Checking account must remain open for 150 days, or an early closure fee of up to $400 may apply.
- To be eligible to earn all or a portion of the cash incentive as part of the promotional offer “NEW400,” an application for a Basic Business Checking account or a Business Interest Checking account must be submitted between 05/09/2024 at 12:00 am PT and 10/31/2024 at 11:59 pm PT. Axos Bank reserves the right to limit each primary account holder or business title to one (1) checking account promotional offer per year. Axos Bank or Axos Bank for Nationwide checking customers or Businesses that have held an Axos Bank or UFB or Axos Bank for Nationwide checking or savings account in the past 12 months under the same title are not eligible for this offer. Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor.
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 $400 welcome bonus!*
- Open a business checking account by October 31 and get up to $400 when you use promo code NEW400 on your application.*
- Zero opening deposit and cash deposits accepted
- Zero minimum monthly balance requirements
- Two domestic wire reimbursements monthly
- Unlimited domestic ATM fee reimbursements
- Enhanced Visa benefits and first 50 checks free
- Dedicated relationship manager and more
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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.
If you happen to know whether this account incurs a hard/soft pull, please let us know.
Let us know about your thoughts and experience with this account!
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