UFB Direct Review 2022
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UFB Direct is geared toward savers and only offers savings and money market accounts. Both accounts earn less-than-competitive APYs and have high balance requirements.
- No Monthly Fees
UFB Direct is an online-only bank offering savings and money market accounts that come with digital banking tools, including a highly rated mobile app.
The money market account offers check-writing privileges and ATM access.
There are no monthly maintenance fees.
Account types are limited to a savings account and a money market account.
Both deposit products offer below-average APYs and have high balance requirements to earn interest.
The bank’s website offers limited information.
UFB Direct bank products
UFB Direct savings overview
The account charges no monthly maintenance fee.
UFB Direct allows unlimited transfers from savings.
Other banks offer higher APYs.
Balances under $10,000 don't earn any interest.
UFB Direct’s mobile banking app offers standard digital features, such as mobile deposit capture and the ability to transfer funds. It earns a high score in the Apple App Store; less so on Google Play. Customers can also link their online bank accounts to Apple Pay or Google Pay for payments.
The online-only bank has several measures set up for protecting your funds, including digital verification and the ability to dispute suspicious transactions online.
About UFB Direct
UFB Direct is an online-only bank that was established in 1999. It is a division of Axos Bank.
UFB Direct’s yields on its savings and money market accounts are lower than many other online banks, and the savings account pays no interest on balances of less than $10,000. No checking accounts or CDs are offered.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.