UFB Direct Savings and Money Market Rates

UFB Direct Savings and Money Market RatesUFB Direct savings rates and money market rates are very competitive right now. In fact, these two variable interest rates at UFB Direct are near the top of our rate list. Current savings rates at UFB Direct are at 1.98 percent with an APY of 2.00 percent. Current money market rates at UFB Direct are also at 1.98 percent with an APY of 2.00 percent.

Not sure which account to decide on? The biggest differences are the savings account at UFB Direct has a minimum deposit of $10,000 to earn the 2.00 percent rate. The money market account has a minimum of $25,000 to earn the rate. Another big difference is you have check writing privileges with the money market account. To get the highest online rates available compare other online rates with UFB Direct savings rates and money market rates.



Savings Account at UFB Direct Fine Print



  • No minimum opening balance

  • No monthly fees

  • Daily balance method to calculate the interest

  • Interest is compounded daily and calculated on a 365/366 day basis

  • Interest is credited on a monthly basis

  • If your account is closed before interest is credited, your accrued uncredited interest will be forfeited

  • If your account is closed mid-cycle, your accrued interest will be forfeited.

  • If your account is at zero at the end of your statement cycle, your accrued interest will be forfeited for that cycle and your account will be closed


Money Market Account at UFB Fine Print



  • Minimum opening account balance is $5,000

  • Monthly Maintenance Fees: $10.00, if average daily ledger balance falls below $5,000

  • Daily balance method to calculate the interest

  • Interest is compounded daily and calculated on a 365/366 day basis

  • Interest is credited on a monthly basis

  • If your account is at zero at the end of your statement cycle, your accrued interest will be forfeited for that cycle and your account will be closed


Search for and compare high yield savings rates and money market rates online with UFB Direct money market rates and savings rates.

 
 
Author: Brian McKay
December 8th, 2019
Posted in: Savings Accounts