What is the current Axos Bank CD rate?

As of June 2026, Axos Bank CD rates range from approximately 3.75% to 4.50% APY depending on the term. The 12-month CD typically offers the best available rate in the lineup. Axos does not require a minimum deposit to open a CD. Rates change frequently — verify the current rate at axosbank.com before opening an account.

What is the minimum deposit for an Axos Bank CD?

Axos Bank CDs have no minimum deposit requirement. You can open a CD with any amount. This is consistent with Axos's positioning as an accessible online bank and puts it alongside Ally and Capital One 360 as one of the lowest-barrier CD options available.

What is the early withdrawal penalty on Axos Bank CDs?

Axos Bank's early withdrawal penalty depends on the term: CDs with terms of 3 months pay 30 days of interest as a penalty; 6-month CDs pay 60 days; 12-month CDs pay 90 days; and longer terms pay 150 days of interest. Breaking a CD early will reduce your effective return. Axos does not offer a no-penalty CD.

How does Axos Bank compare to Ally for CDs?

Both Axos and Ally are online banks with competitive CD rates and no minimum deposits. Ally typically edges Axos on the 12-month term and offers a no-penalty CD option — which Axos does not. Axos is the parent bank behind UFB Direct (a high-yield savings brand), so Axos customers may prefer staying within that ecosystem. For the highest available rate on a specific term, compare both at the time you open.

Axos Bank CD Rates 2026 — Terms, APYs, and How They Compare

Axos Bank CD rates range from approximately 3.75% to 4.50% APY in June 2026, making Axos one of the more competitive online bank options for certificates of deposit. With no minimum deposit and a straightforward lineup of terms, Axos is a practical choice for savers who want a fixed rate without the overhead of a traditional bank — though Ally’s no-penalty CD and slightly higher rates on some terms give it a competitive edge.

Rates shown are as of June 2026 and change frequently. Verify the current rate at axosbank.com before opening an account.

Axos Bank CD Rates by Term (June 2026)

Term	Approximate APY
3 months	3.75–4.00%
6 months	4.00–4.25%
12 months	4.25–4.50%
18 months	4.00–4.25%
2 years	3.75–4.00%
3 years	3.50–3.75%
5 years	3.25–3.50%

Axos’s 12-month CD is typically the highest-yielding term in the lineup. The rate curve slopes downward at longer terms — consistent with the broader online bank market in the current environment.

How Much Can You Earn?

On a $10,000 deposit at Axos’s approximate 12-month rate of 4.38% APY:

After 12 months: ~$10,438 ($438 in interest)
After 2 years (2-year CD at 3.88% APY): ~$10,791 ($791 in interest)
After 5 years (5-year CD at 3.38% APY): ~$11,818 ($1,818 in interest)

At a traditional big-bank standard savings rate of 0.01% APY, the same $10,000 earns just $1 after a year. Axos’s 12-month CD rate is over 400 times the standard big-bank savings rate.

Early Withdrawal Penalties

Term	Penalty
3 months	30 days of interest
6 months	60 days of interest
12 months	90 days of interest
24+ months	150 days of interest

Axos’s early withdrawal penalties are moderate relative to traditional banks that charge 180–365 days of interest on longer terms. However, breaking any CD early reduces your effective yield — always plan to hold the full term.

Axos vs. Ally and Marcus

	Axos Bank	Ally Bank	Marcus by Goldman Sachs
Best 12-month APY	~4.38%	~4.50%	~4.45%
Minimum deposit	$0	$0	$500
No-penalty CD	No	Yes (11 months)	No
Early withdrawal (12-mo)	90 days interest	60 days interest	90 days interest
FDIC insured	Yes	Yes	Yes

Ally leads on flexibility (no-penalty CD, lower early withdrawal penalty) and typically offers slightly higher rates. Marcus occasionally beats both on specific terms. Axos is a reasonable pick for existing Axos banking customers or those familiar with UFB Direct — both are the same parent institution.

Axos and UFB Direct — Same Bank, Different Brands

Axos Bank operates UFB Direct as a separate brand focused specifically on high-yield savings. If you’re already using UFB Direct for savings, Axos Bank CDs are a natural extension — transfers between Axos and UFB Direct are straightforward. Both are FDIC insured under the same charter, so combined balances across both brands count toward the $250,000 per-depositor FDIC limit.

CD Renewal at Axos

Axos CDs automatically renew at maturity into the same term at the prevailing rate. The grace period is 10 calendar days after maturity — withdraw, change terms, or add funds within that window without penalty. Set a calendar reminder 30 days before maturity to evaluate whether to renew or move funds.

Who Should Open an Axos Bank CD?

Best for:

Existing Axos Bank or UFB Direct customers who want to consolidate savings
Savers with no minimum to invest — any amount qualifies
Those comfortable with fully digital banking

Consider alternatives if:

You need penalty-free access before maturity (Ally’s no-penalty CD)
You want the highest available rate at the time of opening (compare Ally and Marcus)
You prefer in-person branch access (Axos is online-only)

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy