To get a better return on their money than they would from a traditional savings account many people opt to open a money market savings account that comes with a more favorable interest rate, thus higher returns. While opening a money market savings account seems like an obvious choice, finding the right financial institution can be a bit more difficult.

Fortunately that search doesn’t have to be so hard as UFB Direct is now offering a high money market interest rate of 1.30% APY. Making this rate all the more impressive is the fact that UFB Direct compounds interest daily, producing greater returns for account holders.

With as little as $5,000 you can open a money market savings account at UFB Direct, a division of BofI Federal Bank, an FDIC insured financial institution established in 2000, and start seeing those favorable returns.

In addition to providing account holders with a high money market interest rate UFB Direct also delivers other benefits that include the ability to deposit checks instantly from the comfort of your home or office with MyDeposit; free FinanceWorks software that enables you to track all of your financial accounts, even those at other institutions, all from your UFB Direct Online Banking; access to free online banking with Bill Pay (limited), free mobile banking, email and text messaging alerts; the opportunity to complete online transfers between your UFB Direct accounts; and many more.

To open a money market account with UFB Direct and take advantage of all the benefits available visit www.ufbdirect.com