Axal Cash earns a variable 7.6% APY on your dollars. There are no minimums, no fees, and you can withdraw anytime.
At a glance
| Axal Cash | |
|---|---|
| Current rate | 7.6% APY, variable |
| Minimum deposit or balance | None |
| Fees | None, including no fee on your interest |
| Withdrawals | Anytime, no penalties; 1–3 business days to your bank |
| Interest | Accrues and compounds continuously |
| Ways to deposit | Bank transfer, debit card, Apple Pay, Google Pay |
| Deposit insurance | Not FDIC insured |
How your cash earns 7.6%
Banks lend out your deposits and keep most of the interest. Axal lends your dollars directly to borrowers through established lending markets, and every borrower has to put up more collateral than they borrow. The interest they pay goes to you, and Axal takes no cut. How Axal Works explains it in more detail.
How it compares
| Rate | Protection | |
|---|---|---|
| Axal Cash | 7.6% APY, variable | Not FDIC insured |
| Top high-yield savings accounts | Up to about 4.2–4.5% APY | FDIC insured |
| Top 1-year CDs | Up to 4.45% APY, locked for a year | FDIC insured |
| 6-month Treasury bills | About 4.3% | Backed by the US government |
| Average savings account | Well under 1% | FDIC insured |
Sources: Bankrate CD rates (Oct 4, 2026), FM Invest Treasury rates (Oct 2, 2026), NerdWallet high-yield savings.
What to know before you deposit
Axal isn't a bank, and your balance isn't FDIC insured. The rate changes with lending demand. Lending markets carry software, dollar-peg and market risks that bank accounts don't. Read Is Axal Safe?
Common questions
Can I withdraw anytime? Yes, with no penalties. Bank withdrawals take 1–3 business days.
Is there a minimum? No. Start with any amount.
Is there a holding period on deposits? No. Deposits are processed through Stripe, and there's no waiting period before you can withdraw.
Do I need to know crypto? No. You deposit and withdraw dollars.
How do I start? Download Axal on the App Store or Google Play, sign up with email, and deposit.