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Axos Business

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Reimagine your business banking with digital-first solutions, competitive rates, and transparent pricing.

Paid plans only
Paid Finance Payment Processing Payroll
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Reviews on SourceForge Trustpilot
1,520 reviews tracked

The Bottom Line

Price
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Key facts

  • Digital-first business banking with various checking and savings accounts.
  • Offers additional services like SBA loans, merchant, and payroll services.
  • Features low fees, high-yield savings, and expanded FDIC insurance.

Pros

  • Low to no monthly maintenance fees on certain accounts
  • High-yield savings options
  • Comprehensive suite of business services beyond just accounts
  • 100% online banking with a robust mobile app
  • Expanded FDIC insurance availability

Cons

  • Requires maintaining a certain balance for welcome bonuses
  • Specific APY rates and bonus offers are time-sensitive

What is Axos Business?

Axos Business provides a comprehensive suite of digital banking solutions tailored for small businesses and new ventures. It offers various account types, including Basic Business Checking with no monthly maintenance fees and free domestic incoming wires, Business Interest Checking, and high-yield Business Premium Savings accounts. The platform aims to simplify financial management for entrepreneurs by offering 100% online access, user-friendly mobile tools, and integration with accounting software. Beyond core banking accounts, Axos Business extends its services to include SBA loans, merchant services for easy payment processing, payroll services, and treasury management for fraud and risk management. It also offers expanded FDIC insurance options. The platform emphasizes convenience, cost-efficiency, and robust digital tools to help businesses manage finances, grow reserves, and achieve their financial goals.

Available on: Web, iOS, Android

Data compiled by Toolradar How we evaluate
Source axosbank.com

Ratings Across the Web

4.2 (1,520 reviews)

Axos Business holds an aggregate rating of 4.2 out of 5 from 1,520 reviews across SourceForge and Trustpilot, last checked November 2, 2026.

SourceForge 67 reviews
4.3/5
Trustpilot 1,453 reviews
4.2/5

Ratings aggregated from independent review platforms. Learn more

Preview

Key Features

  • Basic Business Checking (no monthly maintenance fees, free domestic incoming wires)
  • Business Interest Checking (earns APY)
  • Business Premium Savings (high-yield savings)
  • Expanded FDIC Insurance (up to $265 million)
  • SBA Loans
  • Merchant Services (payment processing)
  • Payroll Services
  • Treasury Management (fraud and risk management)

Pricing

Paid

Axos Business offers paid plans. Visit their website for current pricing details.

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Axos Business by the numbers

Axos Business compared with 78 Payroll tools on Toolradar, as of Nov 2026
Metric Axos Business Peer median Position (1 is best)
Free plan No 15% have one n/a
User rating 4.2/5 (across the web, 1,520 ratings) 4.4/5 #39 of 59 (joint) tools with 20+ reviews

Each position is counted among the tools that have data for that row, as noted under it. All Payroll data · How we compute this. Advertising and placement fees are not inputs to any position.

Cite this: Toolradar, “Axos Business by the numbers”, Nov 2026.

Reviews

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4.2/5

Across 1,520 verified user reviews on Trustpilot, SourceForge

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Best Axos Business Alternatives

Top alternatives based on features, pricing, and user needs.

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Smarter online business banking solutions for small businesses and self-employed entrepreneurs.

4.0
Brex logo
Brex Freemium

Corporate cards and spend management for startups

3.6
Mercury logo
Mercury Free

Business banking for startups. Open an account online in minutes

4.6
Bluevine logo
Bluevine Freemium

Banking beyond expectations with a powerful business banking platform for growth.

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Still deciding?

Most buyers shortlist 2 or 3 tools before committing. Pull a side-by-side comparison or browse the full alternatives shortlist below.

Axos Business vs Novo Head-to-head: features, pricing, who wins Axos Business vs Brex Head-to-head: features, pricing, who wins Axos Business vs Mercury Head-to-head: features, pricing, who wins

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Axos Business FAQ

How does Axos Business support new ventures and small businesses?

Axos Business provides a comprehensive suite of digital banking solutions specifically tailored for small businesses and new ventures. It offers various account types, including Basic Business Checking with no monthly maintenance fees, and aims to simplify financial management for entrepreneurs through 100% online access and user-friendly mobile tools.

Which teams would benefit most from Axos Business?

Teams and businesses that prioritize digital-first financial management, cost-efficiency, and a comprehensive suite of services beyond basic checking accounts would find Axos Business beneficial. It is particularly well-suited for small businesses and new ventures looking to manage finances, grow reserves, and streamline operations online.

How is Axos Business priced?

Axos Business is a paid product, though some accounts like the Basic Business Checking offer no monthly maintenance fees. Specific APY rates and bonus offers may be time-sensitive, and welcome bonuses often require maintaining a certain balance.

Can Axos Business help with payment processing and payroll?

Yes, Axos Business extends its services to include merchant services for easy payment processing and dedicated payroll services. These offerings aim to provide a comprehensive financial management solution for businesses, alongside core banking accounts.

What are the main limitations to consider with Axos Business?

A primary limitation of Axos Business is that welcome bonuses often require maintaining a certain balance to qualify. Additionally, specific APY rates and bonus offers are time-sensitive, meaning they may change over time.

How does Axos Business compare to Novo for business banking?

Axos Business offers a broader suite of services beyond just accounts, including SBA loans, merchant services, and payroll services, in addition to digital-first banking. It also provides expanded FDIC insurance options and high-yield savings accounts, which may differ from Novo's offerings.

Does Axos Business offer solutions for managing business reserves?

Yes, Axos Business offers high-yield Business Premium Savings accounts designed to help businesses grow their reserves. The platform emphasizes robust digital tools to assist businesses in managing finances and achieving their financial goals, including reserve growth.

Source: axosbank.com

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