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Axos Bank Named in Best Online Banks and Best Checking Accounts of 2023 by GOBankingRates
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Axos Bank has been recognized in GOBankingRates's Best Banks of 2023, earning top spots in categories like Best Online Banks and Best Checking Accounts. The evaluation considered over 4,300 data points from more than 170 banks and credit unions. Axos Bank is praised for its no-fee accounts, including the Rewards Checking account and Essential Checking, which offer a user-friendly experience. The bank holds over $18.7 billion in consolidated assets and is a wholly owned unit of Axos Financial, listed under the stock symbol AX.
Positive
Recognized as a top bank by GOBankingRates in multiple categories.
Accounts have no maintenance fees, overdraft charges, or ATM transaction costs.
Offers a wide range of banking and investment services.
Negative
None.
Financial experts compared more than 170 banks and credit unions for their best banks rankings
SAN DIEGO--(BUSINESS WIRE)--
Axos Bank, a pioneer in digital banking and finance, has been awarded features across major categories in GOBankingRates’s Best Banks of 2023 roundup, including Best Online Banks and Best Checking Accounts. GOBankingRates, a top personal finance news and features website, included Axos Bank after evaluating more than 4,300 data points and 170 banks and credit unions to establish the Best Banks of 2023.
“Axos is one of the best digital banks because we provide a modern financial services experience that lets you bank anytime and anywhere,” said Elise Yung, Axos Bank’s senior vice president of consumer banking. “We focus on ensuring our digital platform meets all your banking needs. We are honored to be a best online bank of 2023, and we couldn’t agree more!”
“Highlighted by its Rewards Checking account, Axos stands out with accounts that carry no maintenance fees, overdraft charges or ATM transaction costs,” GOBankingRates said in its section on Axos Bank in The Best Online Banks of 2023. “Plus, because it offers everything from basic banking to investing, Axos is a bank any customer can grow into.”
In The Best Checking Accounts of 2023, GoBankingRates said, “Axos is a great online bank with a simple, user-friendly account in the Essential Checking account, aimed at providing good service with minimal fees.”
To determine the rankings, GOBankingRates considered a number of factors, including: total assets; minimum deposit needed to open a checking or savings account; checking and savings account fees; minimum balances needed to maintain the account; savings account annual percentage yield (APY); customer service; options for loans, credit cards and investment services; and mobile app ratings.
Axos Bank offers a wide variety of award-winning products and services – including personal and business banking, investing, and commercial, personal, auto, and home loans – to provide an all-encompassing and convenient way to manage your financial life. Learn more about Axos Bank at www.axosbank.com.
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 over $18.7 billion in consolidated 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 S&P SmallCap 600® Index, the KBW Nasdaq Financial Technology Index, and the Travillian Tech-Forward Bank Index.. For more information about Axos Bank, please visit www.axosbank.com.
Chloe Janda Axos Bank, Corporate Communications
Phone: 877-351-2265
cjanda@axosbank.com
Source: Axos Financial, Inc.
FAQ
What recognition did Axos Bank receive in 2023?
Axos Bank was recognized in GOBankingRates' Best Banks of 2023, featuring prominently in categories like Best Online Banks and Best Checking Accounts.
What are the key features of Axos Bank's accounts?
Axos Bank offers accounts with no maintenance fees, overdraft charges, or ATM transaction costs, including the Rewards Checking and Essential Checking accounts.
How many banks and credit unions were compared for the Best Banks rankings?
Over 170 banks and credit unions were compared for GOBankingRates' Best Banks rankings.
What is the stock symbol for Axos Financial?
The stock symbol for Axos Financial is AX.
What criteria did GOBankingRates use to evaluate Axos Bank?
GOBankingRates evaluated Axos Bank based on total assets, account fees, minimum balances, APY, customer service, and mobile app ratings.
