Most people open a money market savings account due to the higher interest rate they receive compared to traditional savings accounts. Understanding that, UFB Direct has recently increased their high money market interest rate from 1.15% APY to 1.25% APY, adding addition incentive to those searching for the perfect opportunity to get greater returns.
To open a money market account and capitalize on this new rate individuals need only start with $5,000 and when the average daily balance remains above that level UFB Direct charges no maintenance fees. Making UFB Direct’s money market savings account even more attractive is the fact they compound interest daily, meaning you’ll see better earnings, faster.
In addition to offering a high money market interest rate UFB Direct, a division of BofI Federal Bank, an FDIC insured financial institution established in 2000, has designed their money market savings account with a number of other perks that make banking easier.
These perks include the ability to deposit checks instantly from the comfort of your home or office with MyDeposit; free online banking with Bill Pay (limited), free mobile banking, email and text messaging alerts; free online images of checks and statements; easy online transfers between your UFB Direct accounts; a free Visa Debit card; and many more.
Open a money market account today with UFB Direct and take advantage of the high money market interest rate while enjoying the perks of banking made easier.
