Axos Bank:
Online Certificate of Deposit - 0.20% APY

• $1,000 minimum amount to open an account
• No setup or maintenance fees
• Additional deposits are permitted during the term of the CD.
• Interest is earned daily, credited and compounded monthly.
• Interest begins to accrue on the business day you deposit cash and non-cash items.
• The interest rate will be paid until the maturity date of your certificate.
• The account will automatically renew at maturity. 10 calendar days (grace period) after the maturity date to withdraw the funds without being charged a penalty.
• A penalty may be imposed for withdrawals before maturity:
• For CD’s with terms of less than twelve months, we may impose a penalty equal to three months’ interest on the entire CD amount, rather than the amount withdrawn subject to penalty.
• For CD’s with terms equal to or greater than twelve months, we may impose a penalty equal to six months’ interest on the entire CD amount, rather than the amount withdrawn subject to penalty.


Fee and Feature Guide

Certificate of Deposit
Interest Rate
APY 0.20%
Term Length 12 Month
Minimum deposit amount $1,000.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $1,000.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Fees
Early withdrawal penalty
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee $25.00
Incoming Wires N/A
Statements
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Axos Bank


  • April 19, 2021 |

    more problems than i or anyone should have time for

  • March 11, 2021 |

    Seems to be a different rate depending which site you come from. I guess 0.60% is from BestcashCow, but I saw 0.80% on Magnify.

  • February 12, 2021 |

    Bofi is a shell game. Stay away.

  • January 4, 2021 |

    I am very upset. This was advertised on this site or some other site. It was impossible to get the account opened. When I reached people on the phone, they were nasty. Now the rate is lower and I cannot get my cash out.

  • August 22, 2020 |

    You can ignore this note and go ahead with these guys, but you will regret it.

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