Advertising Disclosure

Popular Posts

  1. Blog
  2. UFB Direct: The Top No-Min Savings Account at 5.32%

UFB Direct: The Top No-Min Savings Account at 5.32%

Comments (2)Post a Comment
POSTED ON BY

UFB Direct appears intent to remain the rate leader for a no-minimum savings account. Yesterday they raised the rate of their High Yield Money Market Savings Account from 5.28% to 5.32% APY. This just beats out newcomer, iGobanking.com which launched its no-min online savings account last week with a rate of 5.30% APY (see post). For more info on UFB Direct and this savings account, please refer to this previous post. I hope more online banks will want to compete for this title.
Comments
Sort by Date | Sort by Votes
2 Comments.
Anonymous
  |     |   Comment #1
The BAD thing about this bank is that they do not link to other banks. You have to make deposits by direct deposit or by mailing a check to the bank. The only way you can withdraw is by wire transfer or the ATM card they will mail to you after 7 to 10 days of opening your account. THIS you can do on-line....hmmmmm
Reply
1
Banking Guy
  |     |   Comment #2
Yes, UFB's lack of a bank-to-bank ACH transfer system is a major negative. I discuss this more in this post. You should be able to link it through another online bank like GMAC and use that bank to move money in or out. But that is a hassle.
Reply
1

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.