Back to today’s briefing

Story perspectives

SoFi and Axos Bank Launch High-Interest Accounts

3/5/2026

50 5 Full Breakdown

Summary

Story summary

SoFi offers a combined checking and savings account with up to 4.30% APY on savings, no fees, and FDIC insurance up to $3 million.
Customers qualify for no-fee overdraft coverage if they receive at least $1,000 in eligible direct deposits within 31 days.
Axos Bank offers the ONE Checking account with a promotional 0.51% APY and a savings account up to 4.21% APY, contingent on meeting deposit requirements.

1 of 1

Story summary

SoFi offers a combined checking and savings account with up to 4.30% APY on savings, no fees, and FDIC insurance up to $3 million.
Customers qualify for no-fee overdraft coverage if they receive at least $1,000 in eligible direct deposits within 31 days.
Axos Bank offers the ONE Checking account with a promotional 0.51% APY and a savings account up to 4.21% APY, contingent on meeting deposit requirements.