Update: As of 8/1/2019 the rate has been lowered to 2.25APY.
UFB Direct Savings Account Offer – Up to 2.45% APY
UFB Direct is offering a great rate with their High Yield Savings account. Currently you can earn 2.45% APY without any monthly fees. Let’s take a look at the details.
The Offer
Open a UFB High Yield Savings and earn up to 2.45% APY on balances over $10K (As of 6/7/19).
Offer Link & More Info!
Key Terms
- All deposit accounts through Axos Bank brands are FDIC insured through Axos Bank.
- The UFB High Yield Savings Account offers up to 2.45% APY with interest compounded daily.
- Account balances $10,000.00 and above will earn the variable ongoing APY on the full account balance.
- The minimum deposit to open a UFB Direct High Yield Savings Account is only $100.
- Access to all of UFB’s free online banking tools, all with no monthly maintenance fees.
Conclusion
This is one of the best rates available from a reputable bank if you have $10K or more you are looking to park. One thing to keep in mind is that UFB does not automatically raise rates for current account holders as rates go up. You must request it and they will do so. It is thus important to keep an eye out, but if you do this could be a solid deal.
Lower Spend - Chase Ink Business Preferred® 100K!
Chase Ink Business Preferred® is a powerful card that earns 3X Ultimate Rewards points in a broad range of business categories on the first $150K in spend per year. Right now earn 100K Chase Ultimate Rewards points after Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
“without any monthly requirements or fees.”
Minus the 10k you need to have in the account?
That is more meant to say you don’t have to have direct deposits, etc. but I agree it wasn’t worded the best. We have eliminated that language from the post to make it clearer.