Axos vs Bluevine: Which The Top Pick in 2025?

One key drawback of Axos is the presence of hidden fees, particularly the requirement to make the last payment over the phone with an additional 1% charge. For Bluevine, a significant issue is the technical difficulties with mobile check deposits for non-admin users.

Rho offers a more efficient solution by combining AP automation and banking products with advanced software to streamline financial operations.

Many businesses look to Axos and Bluevine for their financial needs. However, choosing the right solution can be a complex task.

In this article, we’ll review what each solution offers and how they compare, helping you make an informed decision. Additionally, we'll also explore Rho as a third option worth considering.

Axos Overview

Axos operates in the online banking sector, offering services like checking, savings, loans, and investments. Their main value proposition includes high APY rates and no monthly maintenance fees. Axos primarily serves personal customers, small businesses, and partners such as financial advisors and dealers.

Axos Features

Some of the key features of Axos include:

High APY: Axos ONE® offers up to 4.66% APY on checking and savings accounts.
Early Paydays: Faster access to funds through direct deposit.
No Monthly Fees: No monthly maintenance fees for Axos ONE® accounts.
Rate Watch: Email alerts for mortgage rate drops.

Axos Pricing

Axos does not offer subscription tiers or packages for their services.

High Yield Savings: Up to 4.66% APY, no monthly fees.
Essential Checking: No monthly fees, unlimited domestic ATM fee reimbursements.
Business Interest Checking: Up to 1.01% APY, $10 monthly fee waived with $5,000 average daily balance.

The prices for each tier are not publicly listed.

Drawbacks To Axos

General user reviews on Axos are mixed, with frequent complaints about hidden fees and poor customer service.

"Stay away as much as possible, many hidden fees, after I pay 35 months everything on time online, last payment you have to make it over the phone to be charged 1% extra just to finish the payment." — ioan m
"Initially, the loan officer was responsive, but after the appraisal came in lower than the offered price, they changed the down payment amount without approval." — Vancho

For more details, visit the Axos Reviews page.

Bluevine Overview

Bluevine operates in the business banking solutions category, offering a platform designed for small businesses, self-employed individuals, and startups. Their main value proposition lies in providing lower fees, seamless money movement, and easy access to working capital, aiming to support businesses at various stages of growth.

Bluevine Features

Some of the key features of Bluevine include:

No monthly fees: No monthly or overdraft fees, plus free standard ACH transfers.
Accounts payable automation: Save time on bill management and automate your payments.
High APY on checking: Earn over 15x the national average or more with an upgraded plan.
International payments: Send and receive money globally in as fast as 24 hours.

Bluevine Pricing

Bluevine offers subscription tiers for their business checking accounts.

Standard Plan: 1.5% APY, up to 5 sub-accounts, $0/month.
Plus Plan: 2.7% APY, up to 10 sub-accounts, $30/month (waivable).
Premier Plan: 3.7% APY, up to 20 sub-accounts, $95/month (waivable).

Drawbacks To Bluevine

Overall, Bluevine is praised for its ease of use and interest-earning accounts, though some users have experienced inconveniences.

"BlueVine offers a simple banking solution, and we can even pay our independent contractors with its Payee features. Their interface is excellent, and we even earn interest every month." — CF
"They recently switched banks that they are partnered with which resulted in routing numbers being changed and needing to be updated in all connected services. This was done on the first of the month which was inconvenient to time with receiving and making payments that are business critical." — Verified User

For more details, visit the Bluevine Reviews page.

What to Know Before Picking Axos or Bluevine

Looking at the reviews as a whole, businesses using Axos often face hidden fees and unauthorized changes to agreements, which can be quite frustrating. Poor customer service and responsiveness also seem to be recurring issues.

On the other hand, Bluevine users have reported technical difficulties with mobile check deposits and inconveniences due to changes in bank partnerships. These issues can disrupt daily operations, especially when timely payments are crucial.

Why Rho Is a Better Alternative

At Rho, we understand the frustrations businesses face with hidden fees, poor customer service, and technical issues. Our platform is designed to eliminate these pain points, offering transparent pricing, exceptional support, and seamless banking solutions. We strive to provide a better, more reliable experience for your financial needs.

Rho Features

Expense Management: Our platform eliminates the need for manual expense reports, reducing administrative overhead and saving time for your finance team.
AP Automation: Pay hundreds of vendors in minutes with zero platform fees, addressing the issue of slow and costly payment processes often faced with other banks.
Corporate Credit Cards: Real-time spend monitoring and custom controls help prevent non-compliant spending, providing better oversight and control over company expenses.
Rho Treasury: Earn a higher yield on idle cash, offering better returns compared to traditional savings accounts, ensuring your money works harder for you.
Rho Platinum: Enjoy up to 2% cashback¹ on your spending, providing financial benefits and incentives that enhance your overall banking experience.
Integrations: Seamlessly integrate with accounting, HR, and T&E software, simplifying financial management and reducing the complexity of using multiple platforms.
Exceptional Support: Our dedicated support team is available 24/7, ensuring you receive timely and effective assistance whenever you need it.

Rho Pricing

We offer a straightforward and transparent pricing structure that sets us apart from competitors like Axos and Bluevine. Our goal is to make financial management simple and cost-effective for your business.

Here are the key pricing line items:

Same-Day ACH fees: $0 for same-day ACH transactions, ensuring quick and cost-free transfers.
Wire fees: $0 for wire transfers, with some exceptions for international wires.
Monthly plans: $0 monthly subscription fees, giving you access to our services without recurring costs.
Support fees: $0 for live support from day one, ensuring you get the help you need without extra charges.
Subscription fees: $0 for using our platform, eliminating the need for costly subscriptions.
Checking account minimum fees: $0 minimum balance fees, allowing you to maintain your accounts without worrying about penalties.
Connected, in-platform capabilities: $0 for AP, Expense, and Accounting Automation features, streamlining your financial processes at no extra cost.
Per-user fees: $0 per user, making it easy to add team members without additional expenses.
Foreign currency transfer: 1% fee on foreign currency transfers, providing competitive rates for international transactions.

You can find all the details about our pricing here.

Why Users Love Rho

We’re proud of what we do, but we think our customers say it best. Take a look at why they prefer Rho over other options.

"Rho offers our users a one-touch experience for reporting company expenses on a corporate card." — Tyler M. (Chief Financial Officer, Small-Business)
"Centralized system that is easy to use for all levels of the organization with exceptional customer service." — Sean F. (Chief Financial Officer, Mid-Market)
"Rho has all the features of a legacy platform but is designed like a fintech product, so it's constantly evolving and growing to meet our needs." — Kevin K. (Director of Marketing and Analytics, Mid-Market)

Want a firsthand look at Rho? You can request a free demo here.

Which Platform Is Right for Your Business?

Each platform—Axos, Bluevine, and Rho—has its strengths. Axos offers high APY rates and no monthly fees, while Bluevine provides seamless money movement and lower fees. However, both have drawbacks like hidden fees and technical issues.

This is where Rho comes in. We offer transparent pricing, exceptional support, and seamless banking solutions. Our platform eliminates hidden fees, provides 24/7 support, and integrates with your existing software, making financial management simpler and more efficient.

Make the Smarter Choice with Rho Today

Curious to see what Rho can do for you? Discover how our platform can transform your financial management. Get started with Rho today.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

The Rho Corporate Cards are issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.

Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. Rho Treasury investments are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, are not FDIC insured, are not guaranteed and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Treasury and custodial services provided through Apex Clearing Corp. and Interactive Brokers LLC, registered broker dealers and members FINRA/SIPC.

¹Up to 2% cashback; terms and conditions apply. See eligibility and complete Rho Cashback Rewards Program terms and conditions here.

This content is for informational purposes only. It doesn’t necessarily reflect the views of Rho and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.