Axos Bank vs Bank of America

Axos Bank is a full-service online bank with excellent checking and savings. How does it compare to Bank of America? Read our comparison chart below.

Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

Compare Axos Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Axos Bank	Bank of America
	Member FDIC	Member FDIC
	Learn More	Learn More
	SPECIAL OFFER Basic Business Checking - Learn More Read Axos Bank Review	OFFER Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer Read Bank of America Review
	Benefits and Features
Savings	0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)	Bank of America Advantage Savings Standard Rate: 0.01% APY
CD	0.20% APY. Terms of 3 months to 5 years. $1,000 minimum	7-Month CD - 3.51% APY 10-Month CD - 2.95% APY 13-Month CD - 2.00% APY 25-Month CD - 1.75% APY 37-Month CD - 0.11% APY 1-Month CD - 0.03% APY 120-Month CD - 0.03% APY
Checking	Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback
Money Market	0.25% APY
Mobile App	iOS & Android	iOS & Android
ATMs	approximately 91,000 partner ATMs	Approximately 15,000+ ATMs
Customer Service	24/7	Monday -Friday: 8AM - 9PM ET Saturday: 9AM - 6PM ET Sunday: 8AM - 5PM ET
IRA CD
Locations	Online only	3,700 financial centers
	CreditDonkey® Reviews

Savings
CD
Checking
Mobile App
ATMs
Locations
Pros & Cons	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches
Bottom Line	Full-service online bank with excellent checking and savings... Read full review	Read full review
	Learn More	Learn More
	Basic Business Checking Business Premium Savings - Up to 3.60% APY Axos ONE - Earn up to 4.21% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Axos Bank: Pricing information from published website as of 06/05/2026. Bank of America: Pricing information from published website as of 06/06/2026 based on 91107 zip code.

Member FDIC

Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer

Learn More

New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
Bank of America N.A. Member FDIC.

Member FDIC

Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer

Learn More

New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
Bank of America N.A. Member FDIC.

Member FDIC

Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer

Learn More

New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
Bank of America N.A. Member FDIC.

Which is Better: Axos Bank or Bank of America?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Axos Bank or Chase.