Business Savings Account 1

Competitive Interest Rates with Transaction Flexibility

Grow your business and build your funds quickly with a Business Savings Account from BofI Federal Bank. Our high-yield Business Savings Account provides you with the competitive interest rates your business needs to maximize its funds and, when paired with our no-monthly-fee , the flexibility to access those funds securely.

All you need is an initial deposit of $1,000 to .

Account Features

The BofI Federal Bank Business Savings Account is an FDIC-insured savings account that offers a range of benefits, including:

  • Competitive tiered variable interest compounded daily
  • Free online images of statements
  • Free online banking
  • Remote deposit from anywhere
  • Zero monthly maintenance fees with $2,500 minimum Average Daily Balance*
  • Rate Tiers:
Balance Rate APY2
$0-$49,999.99 0.80% 0.80%
$50,000-$249,999.99 0.80% 0.80%
$250,000-$499,999.99 0.80% 0.80%
$500,000-$699,999.99 0.80% 0.80%
$700,000-$999,999.99 0.80% 0.80%
$1,000,000- $4,999,999.99 0.80% 0.80%
> $5,000,000 Contact a Relationship Manager at 1-844-678-2726 for current rates

Business Savings vs. Business Money Market

BofI Federal Bank also offers a that may be right for your business. With a Business Money Market account, you can earn a high APY on your reserve funds while maintaining the ability to make up to six transactions per month. We invite you to of our Business Money Market account with the features of our Business Savings account to determine which business banking option is best suited to your unique financial needs and goals.

Learn How a Business Savings Account Can Help Your Business Grow

If you would like to learn more about our Business Savings account, please today. We would be pleased to answer any questions you might have and help you to find the business savings solution that is just right for you.

Open Account

Have a question regarding our Business Savings Account?

Please visit our and our to get answers to your business banking questions. To learn more about banking with BofI Federal Bank, check out our Interest Rates, Product Brochure, and Schedule of Fees.



Speak with a Relationship Manager today!

(844) 678-2726​
  • Highly Competitive Returns