We picked the Axos Bank Rewards Checking account because it gives customers access to 91,000 ATMs throughout the country, with the added bonus of unlimited fee reimbursements for out-of-network ATM use in the U.S. Why We Like It We like this account because it boasts few fees and low minimums. It requires a minimum deposit of just $0 and has no overdraft or non-sufficient funds (NSF) fees. The account even pays interest. What We Don't Like We don't like that this account requires students to meet high direct deposit minimums to earn any interest. Many will have trouble satisfying the numerous eligibility requirements to qualify for the highest advertised APY (see Details). Who It's Best For This account is best for students who need frequent and easy access to cash. It's ideal for existing Axos customers and those interested in opening more accounts with the bank.