axos bank

Choose Axos Bank: The Future of Hassle-Free Digital Banking

Axos Bank, an American federally chartered, digital bank, is a revolution in the banking world. This innovative financial institution offers all the essential services like checking and savings accounts, loans, and mortgages, but with a twist - it's exclusively online. With superior interest rates, zero monthly fees, and 24/7 accessibility, Axos Bank is designed for the digital age, offering a convenient, cost-effective alternative to traditional banking.

Company Name Axos Bank
Type Public
Industry Banking, Financial Services
Founded July 2000
Headquarters San Diego, California, United States
Area Served United States
Key People Gregory Garrabrants (President and CEO)
Products Checking accounts, Savings accounts, Mortgages, Personal Loans, Auto Loans, Investment Management
Services Online Banking, Mobile Banking, ATM Access, Money Market
Subsidiaries Axos Clearing LLC, Axos Securities LLC, Axos Invest, Inc., WiseBanyan, Inc.
Website www.axosbank.com
Assets $14.1 billion (2020)
Net Income $127 million (2020)
Number of Employees 1,021 (2020)
Whos Owns Axos Bank? All About Its History and Leadershipis Axos Bank a Scam | 1% Cash Back Debit Card - YouTubeAxos Bank Review 2023: A Full Service Banking ExperienceNewest Axos Bank Promotions, Bonuses, Offers and Coupons: September 2021 |  GOBankingRatesAxos Bank Named Best Online Bank for Third Straight Year | Business Wire

    Understanding Axos Bank

    Axos Bank is a digital bank that operates without physical branches, offering a range of financial products and services including checking and savings accounts, mortgages, auto loans, and investment services. Its online-only operation model allows the bank to cut costs and offer competitive rates and services. Read more

    Convenient Online Banking

    The online banking platform of Axos Bank is robust and user-friendly, allowing you to manage your finances at your convenience. You can monitor your accounts, transfer funds, pay bills, and even deposit checks using the mobile app. Read more

    Competitive Interest Rates

    One of the biggest advantages of banking with Axos is their competitive interest rates. Online banks typically have less overhead than traditional banks, allowing them to offer higher interest rates on savings and checking accounts. Read more

    No Monthly Maintenance Fees

    Axos Bank takes pride in offering accounts with no monthly maintenance fees. This is a significant advantage over many traditional banks, which often charge monthly fees unless certain conditions are met. Read more axos bank

    High Yield Savings

    With Axos Bank, you can take advantage of their high yield savings accounts. These accounts offer higher interest rates than regular savings accounts, enabling your money to grow at a faster pace. Read more

    Nationwide ATM Access

    Despite being an online bank, Axos offers free access to a network of ATMs across the country. This means you can withdraw cash without incurring any fees. Read more

    Excellent Customer Service

    Axos Bank provides top-notch customer service with representatives available 24/7 to answer any questions or concerns you may have. Their commitment to customer satisfaction sets them apart in the digital banking industry. Read more

    Security Measures

    Your financial safety is a top priority at Axos Bank. They employ advanced security measures including two-step authentication and encryption technologies to ensure your information and money are always protected. Read more axos bank

    Diverse Loan Options

    Axos Bank provides a wide range of loan options including mortgages, auto loans, and personal loans. These products come with competitive rates and terms, making them a viable option for various financing needs. Read more

    Investment Services

    Beyond basic banking, Axos also offers investment services to its customers. With the help of their financial advisors, you can build a diversified portfolio tailored to your risk tolerance and financial goals. Read more

    In conclusion, Axos Bank is a comprehensive online banking solution that combines convenience, competitive rates, and excellent customer service. Whether you're looking for a place to park your savings or need a loan for a major purchase, Axos Bank is worth considering.

    Read more

    Facts

    1. Leap into the Digital World: Axos Bank, formerly known as Bank of Internet USA, was one of the first banks to operate solely online when it was founded in 2000. Known for its innovation and embrace of technology, Axos Bank took a gamble on the digital world that's certainly paid off.
    2. Financial Freedom: With no physical branches, Axos Bank passes its savings onto its customers by offering some of the best interest rates in the industry. From high yield savings accounts to low-interest loans, Axos Bank is a champion of customer savings.
    3. Round-the-Clock Service: Axos Bank operates 24/7, ensuring customers can access their accounts and get support whenever they need it. Unlike traditional banks that close their doors after business hours, Axos Bank is always open.
    4. Unlimited Cashback: Axos Bank's rewards checking account offers unlimited cashback. That's right, no limits. Just use your Axos Visa® Debit Card and watch the rewards roll in.
    5. Security First: With advanced online and mobile banking security, Axos Bank ensures that customers' data is always protected. This includes two-step authentication, automatic logout, and encrypted data transmission.
    6. No Monthly Maintenance Fees: Axos Bank offers a range of checking and savings accounts with no monthly maintenance fees. No hidden costs, no unpleasant surprises, just straightforward banking.
    7. Investment Opportunities: In addition to its banking services, Axos Bank also offers a range of investment services. From IRAs to investment property loans, Axos Bank is committed to helping customers grow their wealth.
    8. Business Banking: Axos Bank is not just for personal banking. It also offers a range of business banking services, including business checking accounts, merchant services, and commercial lending.
    9. Customer-Centric Approach: Axos Bank is dedicated to providing superior customer service. With a focus on understanding customers' needs and delivering tailored solutions, Axos Bank has established a reputation for excellent customer care.
    10. Eco-Friendly Banking: By operating solely online, Axos Bank significantly reduces its carbon footprint. Customers can bank with the knowledge that they're helping to protect the environment.

    Vocabulary

    Online Banking – A system allowing individuals to carry out financial activities through the internet.

    Mobile Banking – A service that lets the user conduct financial transactions via mobile devices.

    Direct Deposit – An electronic payment method that goes directly from the payer's account to the recipient's account.

    Check Deposit – The act of depositing checks into a bank account through ATMs, mobile devices, or bank tellers.

    Savings Account – A bank account where you can store money while earning interest.

    Checking Account – A bank account from which money can be withdrawn without restrictions.

    Certificate of Deposit – A type of savings account with a fixed interest rate and fixed date of withdrawal.

    Money Market Account – A type of savings account that often offers a higher interest rate.

    High-Yield Savings – A savings account with a higher interest rate than a standard savings account.

    Home Loans – Loans provided by a bank for the purchase of a home.

    Personal Loans – Unsecured loans provided by a bank for personal use.

    Auto Loans – Loans provided by a bank for the purchase of a vehicle.

    Credit Builder Loans – A type of loan designed to help individuals build or improve their credit scores.

    Business Checking Account – A checking account specifically for business transactions.

    Business Savings Account – A savings account specifically for business funds.

    Commercial Loans – Loans provided to businesses for operational costs or capital expenditures.

    ATM – An automated teller machine enabling users to perform financial transactions.

    Wire Transfer – A method of electronic funds transfer from one person or entity to another.

    Bill Pay – A service that allows you to pay or schedule your bills online.

    Overdraft Protection – A service that prevents checking accounts from becoming overdrawn.

    Customer Service – Services provided by a bank to assist customers with their needs.

    FDIC Insured – Indicates that a bank is insured by The Federal Deposit Insurance Corporation.

    Interest Rate – The percentage of a loan paid by borrowers to lenders.

    Loan Payment – The act of paying back a borrowed amount to a lender.

    Mortgage – A loan used to purchase a property or land.

    Credit Card – A card issued by a bank allowing the holder to purchase goods or services on credit.

    Debit Card – A card issued by a bank allowing the holder to transfer money electronically from their bank account when making a purchase.

    Account Balance – The amount of money in a financial repository.

    Fraud Protection – Services provided by a bank to protect customers from fraudulent transactions.

    Mobile App – A software application developed specifically for use on small, wireless computing devices.

    Read more