We're always talking about the best high-yield savings accounts and top no-fee checking accounts, but what about the bank accounts that come bundled? Banks sometimes offer a bundled savings and checking account, so you can streamline where your money goes and maximize how much you earn in return.
Axos ONE savings and checking bundle
The Axos ONE® savings and checking bundle lets you earn up to 4.21% APY on your savings and 0.51% on checking once meeting requirements:
- Monthly direct deposits totaling at least $1,500 and an average daily balance of more than $1,500, or
- Monthly deposits of at least $5,000 and an average daily balance of more than $5,000
Axos ONE also offers payday up to two days early, plus zero monthly maintenance fees.
Axos ONE® savings and checking bundle
Annual Percentage Yield (APY)
Axos ONE Checking: 0.00% APY base rate and 0.51% APY promotional rate; Axos ONE Savings: 1.00% APY base rate and 4.21% APY promotional rate
Minimum balance
None. To earn promotional rates, monthly direct deposits of at least $1,500 and daily balance greater than $1,500
Monthly fee
None
ATM network
Over 95,000 fee-free ATMs
Overdraft fee
None
Terms apply.
Pros
- Checking and savings combined for seamless banking
- Promotional APYs offered on both checking and savings
- No minimum deposit or balance (besides to earn promotional APY)
- No monthly maintenance, account opening or overdraft fees
- Early payday
- Expanded FDIC insurance
- Over 95,000 fee-free ATMs
- Can link external accounts
Cons
- Online-only bank, which means no in-person access
- Base APYs are low
- Promotional APYs require at least $1,500 in direct deposits and daily balance greater than $1,500
With just a $1,500 balance, that's $67.65 in interest alone in your savings after one year, and $7.65 in your checking. With a greater balance of $5,000, that becomes $25.50 in your checking and $225.50 in your savings after one year.
SoFi Checking and Savings
When you open a high-yield savings account at SoFi, you automatically get a checking account. With the SoFi Checking and Savings, you can earn +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts with eligible Direct Deposit: Open by December 31, 2026, and become a SoFi Plus member within 60 days by setting up an eligible direct deposit or enrolling in a $10 per month subscription. Terms Apply.
The account also offers a bonus of up to $300 with eligible direct deposits.
- Impressive welcome bonus
- Strong APY with direct deposit
- No minimum balance or deposit needed
- No monthly fees
- Comes with checking account and ATM access
- Receive your paycheck in your account up to 2 days early automatically when you set up direct deposit
- Save change automatically with Roundups and set savings goals with Vaults
- No foreign transaction fees
- FDIC insurance up to $3 million additional through the SoFi Insured Deposit Program*
- Non-direct deposit APYs are low compared to other high-yield savings accounts
- No reimbursement for out-of-network ATM fees
- No physical branches
What to look for in a bundled bank account
A bundled checking and savings account can maximize your earnings and simplify your finances. When looking at what a bank offers, consider the below features:
- Interest rates: This is obvious, but what rate(s) do the accounts offer and what are the requirements to earn that rate?
- Fees: Are there any fees like monthly maintenance fees? What are the minimum balance or deposit requirements?
- FDIC insurance: Be sure that the accounts you're looking at are FDIC-insured so that your money is protected.
- Access: How do you access your cash, and are there withdrawal limits?
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New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet. Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet. Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
