High Interest Rates for Savings and Money Market Accounts

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Pros and cons 

You may like UFB Elite SavingsIf you are looking for a simple account, This savings account does not have monthly service fees and comes with an ATM card. 

UFB Direct pays a 3.11% APY for all balances. This is significantly higher than the Average savings accountMost online high-yield savings account.

It is possible to favor the UFB Elite Money Market AccountIf you are interested in a bank account that has paper checks and a debit card, To avoid a $10 per month service fee, you must keep a $5,000 balance.

The account pays a 3.11% APY for all balances.

How UFB Direct works

UFB Direct, an online division of Axos Bank. UFB Direct offers an online high-yield savings account with high yield and a money market account.

Typically, ATMs cards are not included in savings accounts. However, UFB Elite SavingsThe card comes with an ATM card that can be used for withdrawals from ATMs. Transferring money to another bank account may be required at other online banks. This can take up to a few days.

The UFB Elite Money Market AccountA debit card and paper checks give you even more access. With a debit card, or a check, you can make purchases or pay with your money.

Over 91,000 ATMs are available to customers. Log in to your online banking and use our ATM locator tool to locate an ATM near you.

You can call us or chat live on weekdays between 9 a.m. and 5 p.m. (PT) to speak with a Direct Bancaire.

UFB Direct’s mobile app has been rated 4.6 stars in the Google Play Store and 4.8 stars in the Apple Store.

UFB Direct bank account are available FDIC insuredThrough Axos bank In individual bank accounts, up to $250,000 can be protected. Joint bank accounts offer $500,000 protection. 

UFB Direct BBB Rating and Trustworthiness

To see how banks handle customer complaints, we use ratings from The Better Business Bureau.

UFB Direct was given by the BBB Rating: A+Axos Bank’s parent company received an additional award as did a number of its subsidiaries, including a grant for. Rating: A+.

However, a good BBB rating doesn’t guarantee a perfect relationship with a bank. For UFB Direct to be a good match, you should reach out to customers and read customer reviews online.

UFB Direct vs. Bread Savings

UFB Direct may be more appealing if your goal is to earn the highest possible interest rate on a savings bank account. UFB Elite SavingsPays 3.11% APY while the Bread Savings and High-Yield Savings AccountOffers a 2.9% APY. The interest rates can fluctuate and this could change in the near future.

The type of account you want to open will also play a role in your decision between the two online banking platforms. UFB Direct offers a high-yield savings and money market account. Bread SavingsOffers high-yield savings accounts and CDs. Other banks may be available if you want a checking bank account.

UFB Direct vs. Bask Bank

UFB Direct is a better option for those who want the best interest rate possible on their savings accounts. UFB Direct might be a better option if you want to earn the highest interest rate on a savings account. Bask Bank Interest Savings accountPays 2.75% APY. Rates may change in future, but keep in mind.

UFB Direct is also an option if you want accounts with a ATM card or debit card. Bask Bank does not offer ATM cards or debit cards.

Bask BankIf you are a frequent traveler, this may be a better option. The Bask Bank Mileage Savings accountYou can earn American Airlines miles through your savings, which makes it stand out from other savings accounts 

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