Offer at a glance
- Maximum bonus amount: $375
- Availability: Nationwide
- Deposit required: $30,000
- APY: 4% APY
- Hard/soft pull: Soft pull
- ChexSystems: Yes
- Credit card funding: No
- Monthly fees: None
- Early account termination fee: $50, 180 days
- Household limit: None listed
- Expiration date:
The Offer
- Axos Bank is offering a business savings bonus of up to $375. Earn a $75 monthly bonus when you have an average daily balance of $30,000+. Must use promo code BPS375
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
Account must be kept open for 180 days otherwise a $50 fee will apply.
Our Verdict
If you have exactly $30,000 in the account this works out to be 7% APY with the 4% base rate and the $75 monthly bonus. Worth considering especially with rates falling if you have a large balance that you’d like to tie up for a few months.
Hat tip to Dane
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