Axos Bank review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Axos Bank suits business owners who want a card that costs nothing to hold. The debit card's monthly fee is $0, the bank sits under FDIC cover in the US, and the rewards sit on the business credit card rather than the debit one.
Key facts
- Best for
- Business owners who want a fee free card for everyday spend and want cash back on what they buy.
- Monthly fee
- $0 (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Legal entity
- Axos Bank (Source, checked September 26, 2026)
- Headquarters
- United States (Source, checked September 26, 2026)
- Features
- Rewards
- Audience
- Business
- Official website
- axosbank.com
Credit cards
- Annual fee
- $0 (Source, checked September 26, 2026)
- Rewards type
- Cashback (Source, checked September 26, 2026)
- Rewards rate
- 1% unlimited cash back (Source, checked September 26, 2026)
- Cashback rate
- 1% (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- Axos Bank (Source, checked September 26, 2026)
- Headquarters
- United States (Source, checked September 26, 2026)
- Pricing model
- No annual fee
- Features
- Rewards
- Audience
- Business
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- WikidataWikipediaLinkedInXTrustpilot
Pros and cons
Pros
- The debit card has a monthly fee of $0, so the account is cheap to hold for a business
- The business credit card has an annual fee of $0 and pays 1% unlimited cash back
- Axos Bank is a US bank with an FDIC licence, FDIC cert 35546
- Rewards are cashback rather than points, so the spend gives money back directly
Cons
- The reward is cashback, 1%, with no points or miles scheme on the card
- The audience is business, business, so the card is not aimed at personal accounts
- The card is a debit card, debit, and it is a credit card in the wider range, credit, so the two are not interchangeable
Who it suits
- A small business that wants a card with no monthly charge for day to day spend
- A US based business that keeps its money in dollars and wants cashback rather than points
- Anyone who wants a fee free card and only needs basic protection from a licensed bank
Who should look elsewhere
- Wise, if you want to hold several currencies and convert between them as a core need
- Starling Personal Account Debit Card, if you want a personal current account debit card with its own feature set
- Bitpanda, if you want a card that comes with crypto alongside the spending account
How Axos Bank compares
Its monthly fee is €0, and it suits readers who want crypto sitting alongside the card.
Where Axos Bank is available
- Available
- United States
- Licence in United States
- FDIC (FDIC cert 35546), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Axos Bank debit card cost to hold?+
The monthly fee is $0, so keeping the card open costs nothing. That makes it a cheap fit for a business account that stays open all year. The card itself is a debit card, debit, so it draws on the account balance rather than borrowing.
What does the business credit card cost?+
The annual fee is $0 for the credit card aimed at business customers. Its card kind is credit, credit, so balances can carry a cost when they are not cleared. Set against the cash back it pays, the fee is worth weighing against your own spend.
How much cash back does the card pay?+
The rewards rate is 1% unlimited cash back, and the rewards type is cashback, cashback. Spend earns at that rate, so the reward grows with the size of the turnover. Cash back lands as money in the account, so the reward is usable straight away.
Is Axos Bank regulated?+
Axos Bank is a US bank, and its home country is US. The licence on record is FDIC cert 35546. FDIC cover is the deposit protection attached to the banking entity behind the card.
Is this card for personal or business use?+
The audience is business, business, so the card is built around company spending. If you want a personal current account debit card, compare Starling Personal Account Debit Card instead. The two serve different sorts of spending.
Does the card suit a business that only spends in its home currency?+
Rewards are the feature listed for the card, rewards, so a business that bills and buys in dollars keeps the maths simple. If converting between currencies is routine, Wise suits better. This card keeps the spending side easy and the reward in cash.
What kind of card is it?+
The card type is debit, debit, meaning it spends straight from the account. Rewards are among the listed features, rewards, so the card does give something back. The model is no annual fee, no annual fee, which keeps the cost side simple.
Sources
- banks.data.fdic.gov/bankfind-suite/bankfind/details/35546 checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“CERT=35546; NAME=Axos Bank; WEBADDR=www.axosbank.com; ACTIVE=1”
- axosbank.com checked September 26, 2026
Backs: Card type
“Personal Banking: Axos ONE® Checking + Savings with debit card”
- finance.yahoo.com/personal-finance/banking/review/axos-ba... checked September 26, 2026
Backs: Monthly fee
“no monthly fees”
- axosbank.com/commercial/banking/global-treasury-managemen... checked September 26, 2026
Backs: Annual fee, Audience, Card kind, Cashback rate, Features, Pricing model, Rewards rate, Rewards type
“No annual fees”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Axos Bank
Business owners who want a fee free card for everyday spend and want cash back on what they buy.