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$600 Bonus for New Axos Business Accounts: Is It Worth the Hype?
Published on October 12, 2025, 10:01 PM
Axos Bank is rolling out a tempting offer for new business customers: a bonus of up to $600! To snag the full bonus, you'll need to open both a Basic Business Checking account and a Business Premium Savings account using the promo code SBB600. The offer is valid until June 30, 2026, giving you plenty of time to decide if it's right for you. Here's the catch: you'll have to jump through a few hoops for six months to earn the bonus. This includes depositing at least $1,000 monthly into the checking account, using the debit card for at least two purchases of $50 or more each month, maintaining a $1,500 average daily balance in the checking account, AND keeping a hefty $50,000 average daily balance in the savings account to maximize the bonus. So, why should you care? If you're a small business owner or freelancer looking for a new bank and can meet those balance requirements, this could be a great way to pad your business's bottom line. However, make sure the 3.8% APY on the savings account and the bonus outweigh any potential opportunity costs from keeping that much cash parked there. It's all about running the numbers and seeing if it aligns with your business's financial strategy!