Axos Bank Personal Loans Review for 2026

Axos Bank offers personal unsecured loans for borrowers with a good credit score. The amount you can borrow is up to $50,000 and can be used for various purposes - from paying off debts to purchasing jewelry.

Axos Bank Overview

Axos Bank is a digital-only bank founded in 2000 as Bank of Internet USA. It focuses on innovative banking products and services, such as online banking, mobile banking, and remote deposit capture.

Additionally, the bank offers a range of lending products, including personal loans, home equity loans, and lines of credit. Its current borrowing lineup also includes auto and mortgage products.

A well-known financial institution owned by Axos Financial, Axos Bank is headquartered in San Diego, California.

Axos Bank is accredited by the BBB, and has an A+ score on their website. The bank offers various financial products for businesses and individual users. In our review, we’ll focus on personal loans, a great option for borrowers who need money for a large purchase or to consolidate debt.

These loans come with competitive interest rates and terms, making them a great choice for those looking for a tailor-made borrowing solution.

As its personal loans range from $7,000 to $50,000 and are not intended for those requiring a small loan, Axos Bank is the perfect place for borrowers who need a substantial amount of money.

One important distinction is that Axos deposit accounts are FDIC-insured within applicable limits, but the personal loans themselves are not “FDIC-insured loans.”

As Axos Bank is an online-only financial institution, there are no physical branches, so the only way you can apply for unsecured personal loans is through the website. You can also manage your banking relationship through the mobile app after origination.

Application Process 

To apply for a loan, you need to fulfill certain requirements and provide some documents. First of all, you must be at least 18 years old and have a home address in the US.

As already mentioned, the procedure is fully online. You’ll need to provide your Social Security number and personal information, like name, phone number, and driver’s license.

Employment information is also required. Axos will check your income and credit history. When it comes to credit score information, the bank will pull a soft credit check during the pre-approval procedure.

The minimum credit score you must have at that moment is 730.

Rather than waiting a fixed 48 hours for an offer, qualified borrowers can now move through the process faster, with Axos emphasizing a quick online flow and same-day funding potential after final approval.

Once you have accepted the loan and signed the necessary documents, you can expect the sum shortly in your bank account. Axos says funds may arrive as soon as the same day after final approval, depending on your bank.

Basics 

The first thing you should know is that the bank's loans are unsecured personal loans, meaning that you don’t need to have any valuable assets as collateral to apply.

Unsecured loans are easier to get, especially if you have a good credit score. What’s more, borrowers with a good credit score will be able to qualify for better rates. 

Speaking of credit scores, Axos offers loans for borrowers with a good to excellent credit score. According to the loan requirements, the minimum credit score for a loan is 730.

It should also be noted that Axos doesn’t offer co-signed loans, which means that you’ll be the only one responsible for paying off your loan. The lender also doesn't offer any secured loans.

The personal loans it offers can be used for various purposes, including debt consolidation, home improvements, big purchases, weddings, vacations, and other special occasions. 

Loan Amount and APR Details 

Axos offers personal loans that range from $7,000 to $50,000. Like other unsecured personal loan providers, Axos will check many things before approving the loan amount you applied for: your credit score, history of debt, and income. 

The only downside is that Axos doesn’t offer small personal loans. Compared to other unsecured personal loan lenders, Axos’ minimum loan amount is high, and it’s not suitable for smaller purchases. 

Annual percentage rates at Axos range between 11.79% - 20.84%. The APR is low for those clients who apply for longer loan repayment terms and loans that are approximately $20,000.

Loan Fees

Axos charges the origination fee in the form of a one-time payment amounting to up to 2% of your loan. The amount that the bank charges depends on your credit history and will be deducted from the loan amount you receive.

As for other costs, there are fees that you pay if you miss a loan payment.

Repayment Terms 

Loan term length can range from 36 to 72 months. You can link your bank account with Axos to enable automated payments and your installment will be withdrawn every month on the day of accepting the loan offer.

Axos also supports ongoing loan servicing through its online banking tools.

Customer Support 

Customer support is available around the clock for general personal banking needs, and you can contact the agents by phone or secure message.

For personal loans specifically, Axos lists dedicated phone support at (866) 923-3625, available 8 a.m. to 4:30 p.m. PT Monday through Friday.

The agents are committed to providing the best possible service to their customers and strive to make each interaction a positive experience.

Plus, the online banking platform is easy to use and provides all the tools you need to manage your finances.

Why Should You Choose Axos Loans?

There are plenty of reasons why you should choose Axos. First of all, unsecured loans are easier and faster to get than secured ones, especially if your credit score is good.

The application process can be completed online, meaning that you don’t need to visit a physical branch to obtain a loan. Moreover, Axos Bank has a mobile app you can download on your phone and do banking on the go. 

According to customer testimonials, clients are most satisfied with the bank’s fast funding and website transparency. All information regarding loan requirements, loan rates, and payment terms is clearly displayed on the website.

Additionally, Axos Bank has reliable customer support you can contact at any time to ask additional questions.

Trustpilot currently shows Axos Bank at about 4.0/5 from roughly 764 reviews.

Another advantage of Axos is that it’s a good option to consolidate your debt. By consolidating all of your debts into one loan, you can get a lower interest rate and save money on interest payments. In addition, the debt consolidation loan can help you simplify your finances and stay organized.

Where Do Axos Loans Fall Short?

While Axos loans are a great option for borrowers who need to consolidate debts or finance costlier purchases, they are not a good solution for those looking for small personal loans.

Unfortunately, you cannot borrow less than $7,000, so if you need to cover smaller expenses, it might be a better idea to look for some other loan provider.

The bigger drawback today is not just the high minimum loan amount, but also the strict entry point. A 730 minimum credit score puts Axos out of reach for many fair-credit borrowers who could qualify elsewhere.

Our Verdict

Axos Bank remains a strong option for borrowers with excellent credit who want a large unsecured personal loan, competitive fixed APRs, and potentially very fast funding.

The main tradeoff is accessibility. The 730 minimum credit score and $7,000 minimum loan amount make this a narrow fit compared with more flexible personal-loan lenders.

Overall, Axos is best for borrowers who already have strong credit, stable income, and a need for a mid-size or large loan. If that sounds like you, this is one of the more polished online-bank loan options on the market.