UFB Direct provides higher returns and better interest rate when it comes to their money market account. Many people often choose to open a money market savings account in an effort to earn more interest and get better returns as opposed to a traditional savings account. Trust UFB Direct with a money market account and you could get more than just great returns.
UFB Direct, a division of BofI Federal Bank, starts their money market
interest rate at 1.3% APY. If that wasn't enough, UFB also compounds interest daily so you get more out of your money faster.
In addition to an excellent money market interest rate
, UFB Direct also provides its account holders with a wealth of advantages. With tools and services like MyDeposit and free FinanceWorks, UFB Direct makes it easy to manage your money online no matter where you are.
To open a money market savings account
you need an additional deposit of $5,000. As long as your account stays above the $5,000 there is no maintenance fee. Opening an account is easy and can be done all from the comfort of your own computer.