Axos Bank vs Varo Bank
Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to Varo Bank? Read our comparison chart below.
Visit Site | Learn More | |
Axos Bank | Varo Bank | |
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Rewards Checking - Up to 3.30% APY - | Online Savings Account - | |
Benefits and Features | ||
Savings | 0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over) | 3.00% APY on all balances. Opportunity to earn 5.00% APY if your daily savings balance does not exceed $5,000 AND you make at least 5 Varo debit card purchases per month AND receive at least $1,000 in direct deposits in either the Varo Bank Account or Savings Account. |
CD | 0.20% APY. Terms of 3 months to 5 years. $1,000 minimum | |
Checking | Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback | No monthly service fee; no minimum balance; no overdraft fees |
Monthly Fee | ||
Money Market | ||
Minimum Deposit to Open | ||
Mobile App | ||
ATMs | Approximately 91,000 partner ATMs | Over 55,000 fee-free AllPoint ATMs |
Customer Service | Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET) | |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Checking | ||
Money Market | ||
Mobile App | ||
ATMs | ||
Locations | ||
Pros & Cons | Pros:
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Bottom Line | Full-service online bank with excellent cashback and interest checking... | |
Visit Site | Learn More | |
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 04/10/2024. Varo Bank: Pricing information from published website as of 11/08/2023. |
Rewards Checking - Up to 3.30% APY
- Use promo code AXOS300 and apply by June 30th, to earn up to a $300 bonus!
- Up to 3.30% APY
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- Unlimited domestic ATM fee reimbursements
- Online debit card management
- Simple, 3-step process for direct deposit
- Only $50 to open an account
Basic Business Checking - Up to $400 Bonus
- Business owners get up to $400 welcome bonus!*
- Open a business checking account by June 30 and get up to $400 when you use promo code NEW400 on your application and maintain a minimum average daily balance of $50,000.*
- 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
CashBack Checking - Earn up to 1.00% Cash Back
- Earn up to 1.00% cash back on signature-based purchases
- Unlimited domestic ATM fee reimbursement
- No monthly maintenance fee
- $50 minimum balance required to open account
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.