High Money Market Interest Rate Just One Advantage of Money Market Account from UFB Direct
Often times the deciding factor is the interest rate, usually much higher than a traditional savings account.
Often times the deciding factor is the interest rate, usually much higher than a traditional savings account.
As an added bonus UFB Direct promises no monthly maintenance fee with minimum $5,000.00 average daily collected balance and opening an account can be done in a matter of minutes.
To maximize the return on their money many people opt to open a money market savings account and take advantage of a higher interest rate.
Of course earning a nice return is a perk but people want more than just that from their bank and that’s exactly what UFB Direct delivers.
While opening a money market savings account seems like an obvious choice, finding the right financial institution can be a bit more difficult.
What attracts people to open a money market account is the returns that such an account can produce and those returns are based on the interest rate that the bank provides.
At UFB Direct, a division of BofI Federal Bank, an FDIC insured financial institution established in 2000, that money market interest rate is at an impressive 1.30% APY.
Right now UFB Direct is offering a 1.30% APY on their money market account, a rate that can deliver great returns for customers.
With as little as $5,000 you can open a money market account with UFB Direct and start enjoying the perks.