Axos Bank Partners with Way.com to Lower Vehicle Ownership Costs
Axos Bank and Way.com have forged a partnership aimed at helping customers manage the escalating costs associated with car ownership. This collaboration between a leading digital bank and a prominent auto super app brings forth a range of benefits tailored to meet the needs of modern consumers.
Benefits for Customers
Customers refinancing their vehicles through Axos Bank can now leverage the Way app to enjoy exclusive benefits. These include cashback offers on essential car-related expenses like gas, parking, and maintenance services such as oil changes and car washes. Additionally, customers gain access to comprehensive protections such as glass breakage coverage and job loss protection, enhancing their peace of mind while managing their vehicles.
Empowering Consumers
Greg Garrabrants, the President and CEO of Axos, articulated the synergy created by this alliance, stating, "We are dedicated to empowering consumers so they can efficiently manage their financial lives. This partnership extends that empowerment by incorporating their vehicle services and expenses into our offerings."
Affordable Car Ownership
Way.com has established itself as a go-to resource for individuals looking to cut down on car expenses. Steven Gordon, Way's Executive Director of Financial Partnerships, shared insights into their mission: "We've partnered with banks and credit unions nationwide to ensure that car ownership is affordable for everyone. Partnering with Axos Bank enables us to extend our lowest rates to more customers. Together, we can help them save significantly on their vehicle costs."
Saving Big on Car Expenses
By utilizing Way.com, consumers have reported savings up to $1,500 annually across various car expenditures, such as insurance, refinancing, and everyday necessities like gas and parking. This emphasis on maximizing savings not only lightens the financial burden but also refines the overall vehicle ownership experience.
About Way.com
Way.com is recognized as the leading fintech platform designed for car ownership. Over 8 million drivers have experienced benefits ranging from cost savings to comprehensive protection in one user-friendly app. The team at Way.com is dedicated to making car ownership accessible and affordable for all Americans. In 2023 alone, customers collectively saved millions due to Way's innovative technology, allowing them to sign up for top-notch auto insurance and parking rates quickly and conveniently.
About Axos Bank
Axos Financial, Inc. oversees Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., boasting approximately $22.9 billion in consolidated assets. The bank continues to deliver accessible banking products to customers through its modern distribution channels and extensive partnerships. Axos also provides crucial securities clearing services, supporting registered investment advisers and broker-dealers alike.
For More Information
For further details on this impactful partnership and the services provided by Axos Bank, visit their website. Additionally, inquire about how you can benefit from their offerings in managing your vehicle expenses effectively.
Frequently Asked Questions
What is the main goal of the Axos Bank and Way.com partnership?
The partnership aims to help customers save on rising vehicle ownership costs by providing exclusive benefits and financial protections.
How can customers benefit from using the Way app?
Customers can enjoy cashback on gas, parking, maintenance services, and additional protections like job loss coverage and glass breakage protection.
What potential savings can customers receive?
Customers can save up to $1,500 per year on various automotive expenses, including insurance and maintenance costs.
Who is the target audience for this service?
This service targets individuals looking for comprehensive solutions to manage and reduce their car-related expenses effectively.
Where can I learn more about Axos Bank's services?
For additional information, please visit Axos Bank's official website to explore their product offerings and potential benefits.