Many people have bank accounts at various traditional banks, which mostly eat their own customers’ money, rather than helping to multiply income. Each bank account has one thing in common: charging fees and some extra benefits.
Have you ever thought that there could be a digital account where you could enjoy the same benefits, but without having to pay fees? It would be amazing, wouldn’t it? This opportunity exists, this account exists – the time has come to never pay fees again and see your money dwindling in the bank.
If you are the type of customer who prefers to have an account where savings and checking accounts give you great returns, make your money work, and want to benefit from unlimited ATM fee refunds, 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 $250 deposit 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.
Pros and Cons 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:
- Fraud monitoring
- Free Online Bill Pay
- Available in all 50 states
- Nationwide ATM network
- Offers a $100 bonus offer
- Domestic ATM fee reimbursements
- Excellent checking rates and rewards
- No monthly fees for checking or 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.
Citibank Personal Loans