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.