About UFB Direct
UFB Direct offers the opportunity to get one of the highest APYs around via its High Yield Savings account and Direct Premium Money Market account. UFB Direct is a division of Axos Bank. UFB Direct was established in 1999.
The UFB Direct Premium Money Market has both check-writing privileges and a debit card — which can even be used for point-of-sale transactions. But the account does fall under Regulation D, according to UFB Direct’s website, meaning its money market accounts are limited to six certain types of transactions per month. ATM withdrawals won’t count toward these six. Customers do have to pay shipping and handling on the order of checks.