Advertiser and Editorial Disclosures The content below is NOT endorsed by the bank, and you should make sure to verify all terms and conditions with the bank itself before opening an account.
Combine a solid, no-fee High-Yield savings account with a generous sign-up bonus and this is what you get. Axos Bank doesn't come out with sign up bonuses often so definitely get on this one while it is around. Make sure open both the Axos Bank High Yield Savings account and the Essential checking at the same time to be eligible, and don't forget to make DOUBLE SURE that the promo code GET100 is applied!
As for what counts as direct deposit, there are few data points for Axos Bank given the scarcity of bonuses they offer, so if something works for you and you find out before the expiration date please let us know!
How did this bonus go for you? Let us know in the comments.
Monday, May 31, 2021
Direct deposit - Amount | Frequency
Yes - $1,000 | 1
Savings requirement | time
High APYFDIC InsuredNo Minimum Balance Required
How to avoid monthly fees
Wait for reward (expected)
Leave account open
Other fine print
Application using promo code GET100 must be submitted before 11:59pm PST on 05/31/2021 to qualify. You must open your new Essential Checking account at the same time as your High Yield Savings account and have a Direct Deposit totaling at least $1,000 from a third party within the first 60 days of account opening to your Essential Checking account to qualify for this bonus. Bonus will be deposited into your new checking account within 5 business days of your third statement cycle date. Accounts must remain open for 180 days or an early closure fee of $50 may apply. Must be new funds to receive bonus credit. Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. NOTE: “New Funds” is defined as funds that did not originate from another Axos Bank brand account.