Discover Bank vs Axos Bank
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| Learn More | Learn More | |
Discover Bank | Axos Bank | |
|---|---|---|
Online Savings Account - Earn 3.40% APY - | Rewards Checking - Up to 3.30% APY - | |
Benefits and Features | ||
| Savings | 0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over) | |
| CD | 2.00% to 3.90% APY depending on terms | 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 | |
| Money Market | ||
| Mobile App | ||
| ATMs | approximately 91,000 partner ATMs | |
| Customer Service | ||
| Locations | ||
CreditDonkey® Reviews | ||
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| 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... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 12/15/2025. Axos Bank: Pricing information from published website as of 11/21/2025. | ||
Rewards Checking - Up to 3.30% APY
- Build your own APY with up to 3.30% APY*
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- No initial deposit requirement
- Unlimited domestic ATM fee reimbursements
- Online debit card management
- Simple, 3-step process for direct deposit
Axos ONE - Earn up to 4.31% APY
- Earn up to 4.31% APY* on savings, and 0.51% APY* on checking when you meet requirements.
- Get your money up to 2 days early.
- No monthly maintenance, minimum balance, account opening, or overdraft fees.
Basic Business Checking - Up to $200 Bonus
- Open a Basic Business Checking account using promo code START200 by June 30, 2026.
- Every dollar counts when you're starting out. That's why new businesses can earn up to $200 opening a new Basic Business Checking account today.
- No initial deposit requirement
- No minimum balance requirement
- No monthly maintenance fees
- Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
- Unlimited domestic ATM fee reimbursements
- Unlimited item processing (debits, credits, and deposited items)
- Cash deposits via MoneyPass and AllPoint networks
Articles on Axos Bank
Axos Bank Review
Axos Bank offers full-service banking completely online with no fees. Find out below whether they can replace your traditional bank account.
Axos Business Checking
Looking for affordable banking for your small business? Axos Bank offers a free business checking account or an interest-bearing account. Read on.
Which Do You Think is Best?
Which Bank Account is Right for You?
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