Axos Bank Named “Best Overall” in Money’s List of Top Online Banks
17 November 2021 - 01:30PM
Business Wire
Thanks to its low fees and superior features, digital banking
leader Axos Bank has been named “Best Overall” in personal finance
website Money’s list of America’s top online banks of
2021-2022.
“Axos is our choice for top online bank thanks to its low fees,
low opening balance requirements and high interest rates on savings
and checking accounts,” Money said as it released its annual Best
of Banking Awards.
Money also called out the Axos mobile app, which empowers
customers to conveniently manage all aspects of their financial
lives – banking, borrowing and investing – in a single place.
Using the app, Axos Bank customers can initiate wire transfers,
set up and manage direct deposit and online payments, and get 24/7
customer service – all without having to set foot in a
brick-and-mortar bank branch. Customers can also use the app to
seamlessly access their Self-Directed Trading and Managed
Portfolios investment accounts offered through Axos Invest.
Money noted that Axos Bank Rewards Checking customers can earn
up to 1.00% Annual Percentage Yield (APY) by meeting several
requirements, including minimum balance requirements on both
Self-Directed Trading and Managed Portfolios.
About Axos Bank
Born digital, Axos Bank empowers smarter money choices by
offering a full suite of banking, investing, and personal financial
management tools in one convenient place. Through its proprietary
online banking platform, Axos gives customers access to a range of
award-winning banking products built around competitive interest
rates and no-to-low fees. Axos Bank holds nearly $15 billion in
assets and is a wholly owned unit of Axos Financial, whose common
stock is listed on the NYSE under the symbol "AX" and is a
component of the Russell 2000® Index, the KBW Nasdaq Financial
Technology Index, and the S&P SmallCap 600® Index. For more
information about Axos Bank, please visit www.axosbank.com.
About Axos Invest
As the retail investing arm of digital financial services
provider Axos Financial, Axos Invest empowers Americans to meet
their wealth goals with low- to no-fee investing. Building on its
Managed Portfolios platform, Axos Invest launched Self-Directed
Trading in 2021, offering investors commission-free trades on
eligible stocks, ETFs and no-load mutual funds, plus options and
margin trading for approved customers ($0 per trade on eligible
stocks and ETFs; other fees may apply).
Bank products and services are offered by Axos Bank®. All
deposit accounts through Axos Bank brands are FDIC insured through
Axos Bank. All deposit accounts of the same ownership and/or
vesting held at Axos Bank are combined and insured under the same
FDIC Certificate 35546. All deposit accounts through Axos Bank
brands are not separately insured by the FDIC from other deposit
accounts held with the same ownership and/or vesting at Axos Bank.
For more information read Axos Bank’s FDIC Notice.
Advisory services are offered by Axos Invest, Inc., an
investment adviser registered with the Securities and Exchange
Commission (“SEC”). For information about our advisory services,
please view our ADV Part 2A Brochure, free of charge. Brokerage
services and securities products are offered by Axos Invest LLC,
Member FINRA & SIPC. YOU MAY FIND MORE INFORMATION ABOUT OUR
FIRM ON BROKERCHECK. PLEASE CLICK HERE, or BY REVIEWING OUR FORM
CRS BY CLICKING HERE. All cash and securities held in Axos Invest
client accounts are protected by SIPC up to $500,000, with a limit
of $250,000 for cash. Read more information about SIPC on the
SIPC’s web page.
Securities and other non-deposit investment products and
services are not deposits, obligations of or guaranteed by Axos
Bank, are not insured by the FDIC or any governmental agency, and
are subject to investment risk including possible loss of the
principal invested. Past performance of a security does not
guarantee future results or success.
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version on businesswire.com: https://www.businesswire.com/news/home/20211117005283/en/
Greg Frost SVP, Corporate Communications Axos Bank Phone:
1-858-376-6370 Email: gfrost@axosbank.com
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