Having a bank account is something normal and common among most people, especially those who seek advantages with this account, which often, almost always, charges high monthly fees and for transactions carried out – causing your money to decrease more and more.
In addition, it is common for people to look for more interesting ways to take care of money and multiply it, right? With Axos High Yield Savings in your hands, you can have more power over your money, through a complete account that delivers dozens of benefits – such as not paying any kind of fees and receiving refunds of domestic fees at ATMs.
Are you ready to get a wonderful account with many exclusive benefits? We will explain exactly how Axos High Yield Savings works, its advantages, rewards and why it might be useful to you. Read on for how to apply and other important information as well.
Axos High Yield Savings
Offers a $100 Bonus Offer Interest generating accountHow does the Axos High Yield Savings work
If you’re tired of paying monthly in addition to fees for every transaction you make and seeing your money dwindling with each passing month, now’s the opportunity to end it. Never pay fees or miss out on amazing benefits again.
If you are the type of customer who prefers to have an account where savings and checking give you great returns, make your money work, and want to benefit from unlimited refunds of ATM fees, Axos High Yield Savings is for you.
The High Yield Savings account does not charge monthly fees and has no minimum balance requirement, just a deposit of $250 to open the account. In addition, it also has a healthy interest rate of 0.61% annual percentage yield for balances under $25,000. Balances between $25,000 and $99,999.99 earn 0.25% APY and balances over $100,000 earn 0.15% APY.
Main Advantages of using the Axos High Yield Savings
With Axos High Yield Savings you can get rid of any kind of abusive fees, in addition to having an account full of exclusive benefits, better than your old bank. Check out some benefits of this account:
- Available in all 50 states
- Offers a $100 bonus offer
- Domestic ATM fee reimbursements
- Excellent checking rates and rewards
- No monthly fees for checking or savings
- Fraud monitoring
- Free Online Bill Pay
- Nationwide ATM network
With Axos High Yield Savings you can stop spending money every month with the bank and simply multiply it in your own account, taking care of your hard-earned money from the comfort of your couch. In addition to all these perks, you can also get domestic fee rewards at ATMs.
Cons of using the Axos High Yield Savings
Axos High Yield Savings is not perfect, just as nothing is perfect. Therefore, I need to show you the negative points of this account. The first is that it does not offer mobile check deposits and charges above average wire transfer fees.
Another important point to note is that Axos Bank’s service is complicated. They just have automated online chat, secure online messaging and Twitter.
If customer service in person isn’t important to you, consider taking a closer look at Axos High Yield Savings.
How to Apply
As you can see, Axos High Yield Savings is a very good account for anyone who wants to make their lives even easier when it comes to saving fees, valuing their money, multiplying it and receiving exclusive benefits as you use them.
To get this account, you can apply on the bank’s website and fill in the forms. Approval is not time-consuming, and you will soon receive an approval or denial notification.
Conclusion
Axos High Yield Savings offers a compelling option for those looking to maximize their savings without the burden of fees. With no monthly fees, competitive interest rates, and unlimited domestic ATM fee reimbursements, it stands out as a user-friendly account that prioritizes the growth of your savings. The key advantages include nationwide availability, a $100 bonus offer, fraud monitoring, and free online bill pay, making it a well-rounded choice for savers across the United States.
However, it’s important to consider the cons, such as the lack of mobile check deposit capabilities and higher-than-average wire transfer fees. Additionally, the limited customer service options might be a drawback for those who prefer more direct and personalized support.
Overall, if you value a high-interest savings account with minimal fees and are comfortable with online banking, Axos High Yield Savings can be an excellent tool to help you grow and manage your money more effectively.
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