Available nationwide, UFB Direct is offering a 4.83% APY when you sign up and open a new Portfolio Money Market Account.
Update 9/19/24: This account offers one of the top rates available. Keep in mind that you’ll need a minimum $5K balance to waive the $10 monthly fee.
Not only that, but you can still benefit from features such as free limited check writing privileges as well as having an account that is FDIC insured. How great is that?
In fact, you can apply right now from the comfort of your own home as this is an online bank offer.
UFB PortfolioMoney Market Summary
- Learn More at UFB
- Account Type: UFB Portfolio Money Market
- Availability: Nationwide
- Soft/Hard Pull: Soft Pull
- Credit Card Funding: Unknown
- Avoid Monthly Fee:
- There is no monthly maintenance fee with a minimum $5,000 average daily collected balance; otherwise, the fee is $10.00 per month.
- Early Termination Fee: None listed
(FDIC Insured)
How To Earn Rate
- Open a Portfolio Money Market account from UFB.
- Input your info:
- A Social Security Number
- A valid form of ID: U.S. Drivers License or State ID
- A valid U.S. address that is not a P.O. BOX
- Must be a U.S. Citizen or Resident Alien
- Fund the account:
- Transfer new funds electronically from an internal account here or an external account at another bank.
- Maintain a minimum balance of $5,000.00 to avoid the monthly $10 service fee.
| Balance Tiers | % APY |
| $0 – $9,999.99 | 4.83% |
| $10,000 – $24,999.99 | 4.83% |
| $25,000 – $49,999.99 | 4.83% |
| $50,000.00 – $99,999.99 | 4.83% |
| $100,000+ | 4.83% |
Editor’s Notes:
- CSR stated that during the first six months following account opening, ACH transfers initiated through UFB Direct are limited to $10,000 per day and $25,000 per rolling month; thereafter, the limits are increased to $100,000 per day and $250,000 per rolling month.
UFB Portfolio Money Market Account Features
- Earn up to 4.83% APY*.
- No monthly maintenance fees with a $5,000.00 balance, otherwise fee is $10.00 per month.
- Access your funds 24/7 with easy-to-use digital banking tools.
- Enjoy peace of mind with FDIC insurance up to the maximum allowable limit – Certificate #35546.
Are My Deposits Safe?
All deposit accounts through Axos Bank brands are FDIC insured through Axos Bank. All deposit accounts of the same ownership and/or vesting held at Axos Bank are combined and insured under the same FDIC Certificate 35546.
Conclusion
Are you currently on the market for a new banking experience? How would you like to earn a generous APY rate just for signing up for a new savings account?
If so, the UFB Portfolio Money Market is just the one for you!
Not only do you get to enjoy the rate, but with a rather low minimum balance required, obtaining a rate and features has never been easier.
Additionally, it doesn’t hurt to know you can apply for a new account from the comfort of your home through easy to follow steps!
However, if you are not currently interested, be sure to check out our complete list of Best Bank Rates for all your banking needs!
For more banking promotions, see the latest offers from U.S. Bank, HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
