Business Premium Savings
Get your money working with 3.60% APY*.
Choose a business savings account that maximizes your money with 3.60% APY.* Reach your business goals faster with fewer fees and high interest rates.
Bundle with checking and unlock a bonus of up to $600.
Discover the Axos Business Bundle, combining flexible checking with high-yield savings and earn an exclusive bonus up to $600. Use promo code SBB600.†
Savings to set up your business for success.
Earn 3.60% APY*
Earn more with a high-interest business savings account that gives you 3.60% APY.*
Free incoming wires
Free domestic and international incoming wires. Other banks charge $15-20 per wire.
No monthly maintenance fee
Ditch the monthly maintenance fee and put more money back into your business.
Quickbooks integration means more efficiency for your business.
Run, protect, and grow your business anytime, anywhere by syncing your Axos account. Whether it’s financial reporting or monitoring the interest you’re earning, our digital approach provides the technology your business needs.
- Businesses that sync QuickBooks with a bank account save an average of 10 hours†† per week.
- Your personal and business information is protected 24/7 with bank-level encryption.
- Export statements directly from the Axos App.
- Immediately view and categorize money movements between accounts.
Your business stays protected with FDIC insurance up to $250K.
Expand FDIC coverage up to $265MM with Axos Bank Insured Cash Sweep through IntraFi® Network DepositsSM.
Earn more for your business. See for yourself.
Your Balance | Your Annual Interest |
|---|---|
$50,000 | $1,800 |
$100,000 | $3,600 |
$150,000 | $5,400 |
Ready to Apply?
Not your ordinary high‑interest business savings account.
No minimum opening deposit
There's no need to break the bank with your opening deposit.
No average daily balance requirement
Don't waste time worrying about your daily balance.
Business Savings Account Interest Rates
Balance Tiers | APY* | Rate |
|---|---|---|
$0 - $23,999.99 | 3.60% | 3.54% |
$24,000 - $49,999.99 | 3.60% | 3.54% |
$50,000 - $249,999.99 | 3.60% | 3.54% |
$250,000 - $499,999.99 | 3.60% | 3.54% |
$500,000 - $699,999.99 | 3.60% | 3.54% |
$700,000 - $999,999.99 | 3.60% | 3.54% |
$1,000,000 - $4,999,999.99 | 3.60% | 3.54% |
$5,000,000 or More | ** | ** |
**Contact a Business Banking Relationship Manager at 1-844-678-2726 for current rates
Your one-stop shop for managing finances.
Easier, smarter banking starts with the Axos All-In-One Mobile App.
- View your business and personal bank accounts.
- Send wire transfers and schedule bill payments.
- Keep your accounts safe with enhanced security measures.
- Easily move money between accounts.
- Balance your books with accounting software integration.
Tools to grow and expand your business.
Merchant Services
Process credit and debit card payments with ease.
Payroll
Get your employees paid quickly.
SBA Loans
Get small business loans with a federally backed guarantee.
Treasury Management
Fraud and risk management solutions and much more.
Business Premium Savings FAQs
Can a business have a savings account?
Yes. If you’re a business owner, many banks will let you open a savings account online. However, some financial institutions may require that you go to a physical branch to open an account.
Do you have to pay taxes on a business savings account?
Yes. When you have a business savings account that earns interest, the IRS considers that earned interest as taxable income. You will owe taxes on whatever interest you have accrued in the account.
Should a small business have a savings account?
A few reasons why you should have a business savings account include the ability to be prepared for financial emergencies, to adapt to changes in the marketplace, and to position your business for growth.
What is a business savings account?
A business savings account is a secure place to keep and grow the money you have set aside for your business.
Can I use a personal savings account for my business?
While you can do it, there are several reasons to avoid using a personal savings account for your business. Having a business savings account allows you to keep that money separate from your personal savings, to make transactions in the name of the business, and it’s easier to keep transactions separate for tax purposes.