Business Savings Accounts
Drive More Success With Our Business Savings Accounts.
Harness the power of potential growth for your business with Axos Bank business savings accounts. Take your money further and manage your finances with confidence.
Maximize your growth with strategic business savings.
Unlock a bonus up to $375 with Business Premium Savings.
Save more, pay lower fees, and get a limited-time bonus up to $375 with a 4.01% APY* Business Premium Savings account. Use promo code BPS375.†
Compare Business Savings Accounts
Get interest-bearing savings accounts with minimal fees to propel your business forward.
Business Savings
Best for small to midsized businesses
Variable interest compounded daily
No monthly maintenance fees with $2,500 minimum average daily balance1
$1,000 minimum opening deposit
Business Premium Savings
Best for large enterprises
No monthly maintenance fees
No average daily balance requirement fee
No minimum opening deposit
Perks of Banking with Axos
Your success means our success. That’s why we put so much effort into providing the best.
Fewer fees so you keep more of your money.
Digital banking solutions to meet the speed of business.
Fast and easy transactions.
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.
Get specialized accounts and dedicated service.
Talk to a relationship manager today to get started.
Business Savings Frequently Asked Questions
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.