UFB Direct
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
UFB Checking and Savings Bundle: 4.01% - 4.21% APY(Rank 30 out of 74 tracked HYSAs)
Minimum Deposit: $5000 | Online Only
UFB Portfolio Savings: 4.01% APY(Rank 44 out of 74 tracked HYSAs)
Minimum Deposit: $0 | Online Only
National Savings Interest Rate: 0.42% (as of 5/19/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: San Diego, California
Founded: 1999
Affiliation: UFB Direct is a division of Axos Bank, holding company of Axos Financial, Inc. (NYSE: AX)
Access to Branches: None
BBB Rating: A+ (BBB Accredited)
App Store Rating: 4.8/5
Google Play Rating: 4.7/5
Website: Visit UFB Direct
Our Take on UFB Direct
Highlights
- UFB Checking and Savings Bundle offers a competitive APY of 4.21%.
- No maintenance fees on all accounts.
- A+ BBB rating indicates strong trustworthiness.
- High App Store rating of 4.8 and Google Play rating of 4.7.
Considerations
- No physical branches available for in-person banking.
- Direct deposit required for highest APY on the bundle account.
- Minimum deposit of $5,000 needed for the checking and savings bundle.
- UFB Portfolio Savings has a lower APY of 4.01%.
Summary: UFB Direct offers competitive APYs for savers, with the highest at 4.21% for the Checking and Savings Bundle, which requires a direct deposit and minimum balance. The bank has no maintenance fees and boasts strong BBB ratings and app ratings. However, it lacks physical branches and has specific requirements for its higher-yield account, which may limit accessibility for some savers.
Savings Accounts
Savings Accounts Offered by UFB Direct
| Feature | UFB Portfolio Savings | UFB Checking and Savings Bundle |
|---|---|---|
| APY | 4.01% (as of 6/20/2025) | 4.01% - 4.21% (as of 6/20/2025) |
| APY Trend | Stable for the last month | Stable for the last month |
| Minimum Deposit | $0 | $5000 |
| Minimum Balance for APY | $0 | $10,000 |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | Yes |
| Bundled Account | No | No |
| Direct Deposit Required | No | Yes |
| Compound Frequency | Daily | Daily |
| Maintenance Fee | $0 | $0 |
| Eligibility | United States | United States |
| Note | N/A | The regular savings or money market APY may be boosted up to 4.21% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. See bank for full details. |
No deposit agreement summary available for this bank. | ||
Calculate Savings for UFB Direct
All calculations are based on APY.
⚠️ The minimum balance for the higher APY on this account is $10,000.
Deposit Frequency:
Total savings breakdown:
- Interest earned: $201 (3.86%)
- Total contributions: $0 (0.00%)
- Initial deposit: $5,000 (96.14%)
Your total balance
$5,201.00
Effective APY: 4.01% (based on your deposit and contributions)
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
UFB Direct Savings Rates Over Time
Historical APY Insights
| Metric | UFB Checking and Savings Bundle | UFB Portfolio Savings |
|---|---|---|
| Latest APY | 4.21 % | 4.01 % |
| Trend | Sideways | Sideways |
| Slope (bps/mo) | 0.0 | 0.0 |
| Rate Changes / Mo | 0.00 | 0.00 |
| Days Since Last Change | 127 | 149 |
| High (-5 m) | 4.21 % | 4.01 % |
| Low (-5 m) | 4.21 % | 4.01 % |
| Draw-down from High | 0.0 % | 0.0 % |
| Volatility (CV) | 0.000 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 5 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-5 m)
- Highest APY in the last 150 days.
- Low (-5 m)
- Lowest APY in the last 150 days.
- Draw-down from High
- How far today sits below the 5-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
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| Feature | UFB Direct | Select a bank... |
|---|---|---|
| Product | N/A | |
| APY | 4.01% - 4.21% (as of 6/20/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $5000 | N/A |
| Minimum Balance for APY | $10,000 | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | Yes. null | N/A |
| Note | The regular savings or money market APY may be boosted up to 4.21% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. See bank for full details. | N/A |