Digital

Axos Basic Business Checking

by Axos Bank

Axos Basic Business Checking offers no monthly fees, free domestic wires, and unlimited transactions. A solid online-only option for businesses that don't need physical branches.

⭐ 4.3/5.0 (1,500 reviews)8+ integrations
Open Account →FDIC Insured
Monthly FeeFree
Free Transactions5,000/mo
APY1.01%
Min. Opening DepositNone

Transfer Fees

Domestic WireFree
International Wire$35
ACH TransferFree

Features

✓Mobile App
✓Mobile Deposit
✗Cash Deposits
✗Physical Branches
✓ACH Transfers
✓International Wires
✓Accounting Integrations
✗Sub-Accounts
✗Invoicing
✓Debit Card
✓Check Writing

Overview

Axos Basic Business Checking offers no monthly fees, free domestic wires, and unlimited transactions. A solid online-only option for businesses that don't need physical branches.

Why we like it

Free domestic wires and no transaction limits set it apart from other digital banks. Good value for wire-heavy businesses.

Who Is This For?

Online businesses wanting low-cost banking

Standout Features

  • Free Domestic Wires
  • 1.01% APY
  • No Monthly Fee
  • Unlimited Transactions

Pros and Tradeoffs

Pros

  • No monthly fee
  • Free domestic wires
  • Up to 1.01% APY
  • Unlimited transactions

Tradeoffs

  • No physical branches
  • No cash deposits
  • No sub-accounts

Ratings

NerdWallet4.5/5.0
Bankrate4.0/5.0
Total Reviews1,500

Key Integrations

QuickBooksXeroStripe

+ 5 more integrations available

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