UFB Direct is currently offering a considerable 1.30% APY on their Online Savings account. Here’s how it works: You just scroll through our Best Bank Rate table below and when you see UFB Direct’s Savings, just click the green button that says “Next” to proceed. You should be aware that the account will be based on a tier-structured evaluation. $0-$49,999.99 earns 0.20% APY and $50,000+ earns you the guaranteed 1.30% APY as long as your deposits are new funds. Elevate your savings with a UFB Premium Savings today!
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UFB Direct Savings Information:
- Learn More (See table above)
- Account Type: Online Savings Account
- Rate: 1.30% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft pull or Hard Pull? Let us know!
- Direct Deposit Requirement: DD is not required
- Monthly Fee: $0.00
- Additional Requirements:
- Must be new funds to receive stated rate.
- Tier one structure of $0- $49,999.99 earns 0.20% APY.
- Tier two structure of $50,000 and above earns 1.30% APY.
UFB Direct Benefits/Services:
Setting aside the 1.30% APY, it should be a necessity that we discuss other perks and benefits that makes UFB Direct’s Premium Savings account, premium. There’s essentially no fees attached, and interest compounded daily, returns issued monthly. Access your account with online and mobile banking capabilities and make utter convenience with a MyDeposit banking app. On top of that, you’ll be getting FinanceWorks™ money management tool to further stay on top of your savings goals.Your account will be backed by the federal government up to $250,000, maximum allowed in the states.
UFB Direct Savings Rate:
Now it should go without saying in this segment that we will be using a comparative approach towards two different products from different banking establishments. What I’d like to compare is UFB Direct Savings vs. Goldman Sach’s Savings, essentially a 1.30% APY vs. 1.20% APY. Right off the bat, you’d notice that both savings accounts offers quite the extraordinary APY on your returns with UFB ahead at just .10% APY.
The key difference is that GS Savings account earns APY with very little requirements attached, $1+ in deposit value will earn the 1.20% APY. However, UFB requires a minimum of $50,000 in deposit value to even trigger the 1.30% APY, otherwise, you’d have to resort to .20% APY. Of course, if your emergency funds is set and you have $50k ready to leave in a savings than your better option is UFB Direct, if not, I advise you not to.
Conclusion:
1.30% is an extraordinarily high APY on your returns and you can get just that with UFB Direct Bank’s Premium Savings account. All you have to do is scroll through our Best Bank Rates table above and when you find UFB Direct, be sure to click “next”. Note that you’d need a minimum of $50,000 in deposit value in order to earn the 1.30% APY. Must be new funds to receive stated rate. Your account will be backed by the federal government up to $250,000, maximum allowed in the states. Find all the best bank rates from our exclusive list nationwide!
 With the American Express® High Yield Savings Account: • Earn 1.90% APY as of 9/15/22 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access |
