Axos Bank Personal Loans: Rates, Requirements and Whether They're Worth It

Axos Bank personal loans are unsecured loans of $7,000 to $50,000, with terms of 36 to 72 months, a minimum credit score of 730 and a fixed APR of 8.24% to 18.99%. Origination fees range from 0% to 2% of the loan amount, and there's no prepayment penalty. The loans suit borrowers with strong credit who want a mid-sized loan and fast, online-only funding. If your credit is below 730 or you need less than $7,000, other lenders will fit better.

What Is Axos Bank?

Axos Bank is an online bank with no branches. Its parent, Axos Financial, Inc., trades on the New York Stock Exchange (NYSE) under the ticker AX and reported about $30.8 billion in consolidated assets as of Sept. 30, 2026. The bank traces its roots to Bank of Internet, U.S.A., which opened for business on July 4, 2000, and was rebranded as Axos Bank in 2018.

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Axos offers personal loans, checking and savings accounts, mortgages and investment accounts. Because its personal loans are unsecured, approval and pricing depend on your credit, income and existing debt.

If you want the basics first, start with our guide to personal loans before you compare lenders.

Axos Personal Loans at a Glance

Rates and terms vary by creditworthiness, income and loan purpose. Confirm your actual offer during prequalification.

Pros and Cons of Axos Personal Loans

MoneyLion offers a service to help you find personal loan offers. Based on the information you provide, you can get matched with offers for up to $100,000 from our top providers. You can compare rates, terms and fees from different lenders and choose the best offer for you.

What Are Axos's Rates, Fees and Terms?

Axos's current personal loan APR is fixed at 8.24% to 18.99%, depending on your credit, income and loan details. The origination fee is 0% to 2% of the loan amount and is deducted from your proceeds before funding:

• APR: 8.24% to 18.99%, fixed.

• Origination fee: 0% to 2%, based on your credit.

• Late fee: Disclosed in your loan agreement. Axos directs borrowers to the promissory note for late-fee and other charge terms.

• Prepayment penalty: None.

Here's how the fee works on a $10,000 loan. A 2% fee is $200, so you receive $9,800 but repay the full $10,000 plus interest. If you need $10,000 in hand, request a little more.

For context, the Federal Reserve's G.19 release put the average rate on 24-month personal loans at commercial banks at 11.9% in August 2026. That figure is the release's unweighted average of banks' most commonly offered rates, not a market-wide average or a quote for any one borrower. Axos's low end sits below it, while the high end runs above it.

Does Axos Offer Rewards or Rate Discounts?

Axos ties its rewards to deposit accounts, not to the loan itself. Its Rewards Checking account advertises an additional 0.6% annual percentage yield (APY) when you make an eligible Axos loan payment from that account, and its CashBack Checking account advertises up to 1% cash back subject to balance and activity rules. These are checking-account benefits, not a lower APR on your loan. Availability and terms can change, so confirm them with Axos before you open an account for this purpose.

What Credit Score Do You Need?

Axos's application page states a minimum credit score of 730. It lists this as a credit score and doesn't identify it specifically as a FICO Score. A 730 sits in the commonly used "good" band, and "very good" begins at 740.

For reference, here's how FICO groups credit scores:

Payment history is the largest single factor in a FICO Score, at 35%, according to myFICO. If your score is below 730, focus on on-time payments and lowering existing balances before you apply, and review the full personal loan requirements lenders check. Axos also considers your debt-to-income (DTI) ratio, which the Consumer Financial Protection Bureau (CFPB) defines as your monthly debt payments divided by your gross monthly income. Axos does not publish a specific DTI threshold.

How Fast Can You Get Your Money?

Axos advertises funding as soon as the same day of approval, but the actual timing depends on when you accept your offer and how long verification and processing take. Some applicants get a decision within about 24 hours of applying. Once funds are sent, availability also depends on your own bank's policies.

How Do You Apply for an Axos Personal Loan?

1. Prequalify: Enter your loan amount, term and purpose on Axos's personal loans page. This step uses a soft credit inquiry.

2. Provide details: Submit your personal information, Social Security number, proof of income and a valid ID.

3. Review your offer: Compare the rate, term and fee with other lenders.

4. Get funded: After approval and signing, Axos advertises funding as soon as the same day, subject to acceptance and processing.

Axos runs a hard credit inquiry when you formally apply. A hard inquiry can stay on your credit report for up to two years and may affect your FICO Scores for up to 12 months. Check Axos's application disclosure for exactly when the hard pull occurs.

How Does Axos Compare to Other Lenders?

Axos suits borrowers with strong credit who want a mid-sized loan and a low rate ceiling. Upgrade allows joint applications, and SoFi offers larger loans. These competitor terms come from each lender's published materials and current MoneyLion reviews, so confirm the latest details before you choose. For more options, see our list of the best banks for personal loans or compare Discover® personal loans.

Is Axos Bank Legit and Safe?

Yes. Axos Financial is publicly traded on the NYSE, and it reported about $30.8 billion in consolidated assets as of Sept. 30, 2026. Its non-performing assets were 0.51% of total assets at the same date, down from 0.64% a year earlier. These are company-level measures of the bank's financial health, and they don't determine the terms or outcome of any individual personal loan. Deposit accounts at Axos Bank are insured by the Federal Deposit Insurance Corp. (FDIC) up to $250,000 per depositor, per insured bank, per ownership category, subject to FDIC rules.

As with any lender, read your loan disclosures closely, confirm the rate and fee in your offer, and make sure the monthly payment fits your budget before you sign.

Who Should Get an Axos Personal Loan?

Consider Axos if you:

• Have strong credit: Your score is 730 or higher.

• Need a mid-sized loan: You want $7,000 to $50,000.

• Want speed: You value fast funding and an online experience.

• Bank digitally: You're comfortable managing the loan entirely online.

Look elsewhere if you:

• Have a lower score: Your credit is below 730.

• Need a small loan: You want less than $7,000.

• Want the lowest APR: Compare offers from Upgrade, SoFi and others.

• Need a co-applicant: Axos's materials don't confirm whether it accepts co-signers, so check before applying if that matters to you.

The Bottom Line

Axos Bank personal loans suit borrowers with good to excellent credit who need $7,000 to $50,000. The tradeoffs are a 730 credit-score threshold, a $7,000 floor and an origination fee of up to 2%. Confirm your APR in prequalification and compare personal loan offers against at least two other lenders before you accept.

Rates and terms are accurate as of Nov. 4, 2026, and are subject to change. Confirm the current details on axosbank.com before you apply.

Key Terms

• Annual percentage rate (APR): The yearly cost of borrowing, including the interest rate and certain fees such as an origination fee.

• Origination fee: A one-time charge deducted from your loan proceeds before you receive funds. Axos charges 0% to 2%.

• Unsecured loan: A loan approved based on creditworthiness and income, with no collateral.

• FICO Score: A credit score from 300 to 850, grouped into tiers from poor to exceptional.

• Soft credit inquiry: A credit check used for prequalification that doesn't affect your score.

• Hard credit inquiry: A formal credit check triggered when you apply. It can lower your score temporarily.

• Debt-to-income (DTI) ratio: Your monthly debt payments divided by your gross monthly income.

• Prepayment penalty: A fee for paying off a loan early. Axos doesn't charge one.

Sources

• Axos Financial: Axos Financial, Inc. Reports First Quarter Fiscal Year 2027 Results

• Axos Bank: Personal Loans | Finance Up To $50,000

• Federal Reserve: Consumer Credit - G.19

• myFICO: What's in your credit score?

• CFPB: What is a debt-to-income ratio?

Parts of this article were created with AI assistance. MoneyLion editors reviewed, fact-checked and edited the final version and are responsible for its accuracy.