Axos Rewards Checking: Up to $150 Bonus for New Accounts

Axos Bank is an online institution that offers rewards on checking, as well as ATM fee reimbursements and a solid APY on savings. Get a $150 welcome bonus as a new user.

High-interest rates are typically used for high-yield savings accounts, but in most cases, you won’t get much interest from a checking account — and if you do, it’ll be minimal.

With Axos Bank, you may earn as much as a 1.25% (APY) with its Axos Bank Rewards Checking account.

Axos Bank Promotions

Earn up to 1.25% APY* and enjoy unlimited ATM fee reimbursements and no monthly services fees. Apply by May 31st and you could also get a $150 welcome bonus.

Use the promo code MAY150 when you apply for a Rewards Checking account by 5/31/22 through this link. Then have qualifying direct deposit(s) that total at least $1,500.00 to earn a $150 welcome bonus.

Axos Bank Rewards Checking Features

If you’re in the market for a new checking account then you can’t go wrong with the Axos Bank Rewards Checking account.

  • Not only does it offer the following:
  • Zero monthly maintenance fees
  • Zero overdraft or NSF fees
  • Zero minimum monthly balance reqs
  • Unlimited domestic ATM fee reimbursements
  • Online debit card management
  • Simple, 3-step process for direct deposit
  • Only $50 to open an account

For May, you can get up to a $150 welcome as a new user with qualifying deposits.

How Does it Compare?

The checking account does stack up against other main competitors, however, the bonus is pretty decent.

In comparison, Aspiration, offers a $150 bonus but you must spend $1,000 within 60 calendar days of opening an account to get the bonus.

So in comparison, this would be a better bonus for your wallet since you don’t have to spend anything (just switch your direct deposit details).

Should You Claim This Bonus?

If you’re in the market for a new checking account, this is one of the best offers currently available.

You can get up to a $150 welcome bonus and 1.25% APY without having to worry about any monthly maintenance fees.

Plus, you get unlimited domestic ATM fee reimbursements — so it’s definitely worth looking into.

Click here to learn more about the Axos Bank Rewards Checking account and apply today.


Overall, I think that this bonus offer from Axos Bank is a great choice for anyone looking for a new checking account. The bonus is high compared to other offers out there, and you also get access to excellent features like unlimited ATM fee reimbursement and no minimum balance requirements.

On top of that, you don’t have to meet a spending requirement, which is typically the case with other checking account bonuses.

To learn more about this offer and claim your $150 bonus, click here now.

Our Pick
Invest in the background of life and get a $10 bonus

With Acorns, automatically invest spare change from everyday purchases in expert-built portfolios recommended for you, easily save for retirement, get paid early, and more. Start in under 5 minutes and get a $10 bonus today!

Get your bonus
Brian Meiggs
Brian Meiggs
Founder of ReferralWallet, Brian is an entrepreneur and investor who enjoys working out, reading, spending time with his family and friends, playing chess, traveling and creating great content. He’s passionate about helping others make smarter money moves and achieve financial freedom. He uses the free Personal Capital app to manage his cash flow and net worth.


Please enter your comment!
Please enter your name here