The money market savings account at UFB Direct now offers the highest no-minimum interest rate (APY) at 5.27%. There are more interest rates here for comparison.
I do not have an account at UFB Direct.
Updated February 10, 2011 and originally published September 13, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
Points: ♦101,336
Rank: Platinum
About the authorRank: Platinum
{ 3 comments… read them below or add one }
Saw Amboy pushed its rate to 5.25% today as well … good to see savings rates still moving up.
I haven’t heard too much about UFB in the online bank discussions. I was looking it over and it seems to have really good features except for the lack of ability to initiate ach transfers to outside accounts.
I have a savings account with UFB and can make transfers to and from UFB Direct and my local checking account. The transfers are made from my local bank. However, my bank charges a small fee to transfer into UFB, but no fee is charge to withdraw from UFB. To avoid deposit fees, I send a check to UFB with their prepaid envelope, and when I want to withdraw from UFB, I do it on line through my local bank for free.