Axos Basic Business Checking vs Grasshopper Bank: which one fits your business?
Side-by-side comparison of Axos Basic Business Checking and Grasshopper Bank — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Grasshopper Bank wins on our scorecard (7.8/10 vs 7.7/10).
| Scored on | Axos Basic Business Checking | Grasshopper Bank |
|---|---|---|
| Right fit for small biz | 8 | 7 |
| Ease of use | 8 | 8 |
| Fees & pricing | 9 | 9 |
| Customer support | 6 | 6 |
| Features | 7 | 8 |
| Monthly Maintenance Fee | $0 | $0 |
| Opening Deposit Requirement | $50 | — |
| Free Transactions per Month | 200 | — |
| Out-of-Network ATM Fee | Unlimited Domestic Reimbursements | — |
| Minimum Opening Deposit | — | $100 |
| Domestic Outgoing Wire | — | $10 |
| Incoming Wires | — | $0 |
| ACH Transfers | — | $0 |
Axos Basic Business Checking in one paragraph
A rock-solid, no-fee choice for digital-first businesses that want the security of a chartered bank without the monthly overhead.
Skip it if: You handle more than $2,000 in physical cash monthly or exceed 200 transactions per month.
Grasshopper Bank in one paragraph
A powerhouse for digital businesses that want the security of a chartered bank without the fees of a national chain.
Skip it if: You handle more than $500 in physical cash monthly or need 24/7 phone support.
Frequently asked questions
Which is better, Axos Basic Business Checking or Grasshopper Bank?
On our five-axis scorecard, Grasshopper Bank scores higher (7.8/10 vs 7.7/10). A powerhouse for digital businesses that want the security of a chartered bank without the fees of a national chain.
Who should skip Axos Basic Business Checking?
You handle more than $2,000 in physical cash monthly or exceed 200 transactions per month.
Who should skip Grasshopper Bank?
You handle more than $500 in physical cash monthly or need 24/7 phone support.