For the second year in a row, Axos Bank’s Business Interest Checking account is America’s Best Business Checking Account Overall. Editors of the personal finance website WalletHub chose Axos Bank after evaluating more than 250 checking and savings accounts to find the best offers for businesses overall, as well as those with the highest interest rates, best rewards, lowest fees and more.
“This account is the full package,” WalletHub said in its annual list of the Best Bank Accounts for Small Businesses.
The website noted that Business Interest Checking customers can earn up to 0.81% Annual Percentage Yield (APY) and can avoid a $10 monthly maintenance fee if they maintain an average daily balance of at least $5,000. Business Interest Checking customers also enjoy unlimited domestic ATM fee reimbursements and up to 100 free account transactions per month.
New small business owners who incorporated their businesses after June 1, 2020, are eligible to receive a $200 welcome bonus for opening a Business Interest Checking account with Axos. To qualify, customers must apply for the account by June 30, 2022, must use promo code NEWBIZ200 on their application, and must maintain an average daily account balance of at least $2,500 in the first two months after account opening. Other businesses can use promo code NEWAXOSBIZ for a $100 bonus. The minimum opening amount for Business Interest Checking accounts is $100.
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