UFB Direct

Last Updated: 7/16/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

UFB Checking and Savings Bundle: 4.01% - 4.21% APY(Rank 28 out of 77 tracked HYSAs)

Minimum Deposit: $5000 | Online Only

UFB Portfolio Savings: 4.01% APY(Rank 44 out of 89 savings accounts)

Minimum Deposit: $0 | Online Only

Offered by the affiliated Axos Bank:

Axos ONE: 4.66% APY(Rank 3 out of 77 tracked HYSAs)

Minimum Deposit: $0 | Bundled Savings & Checking Account | Online Only | Direct Deposit: Not required, but is the easiest way to earn the highest APY.

Summit Savings: 4.00% APY(Rank 45 out of 77 tracked HYSAs)

Minimum Deposit: $0 | Online Only

High Yield Savings: 0.61% APY(Rank 81 out of 89 savings accounts)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

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

APY of 4.21% with UFB Checking and Savings Bundle.
No maintenance fees for all accounts.
A+ BBB rating and accredited status.
High app rating of 4.8 on App Store.

Considerations

Minimum balance of $10,000 required for highest APY.
Direct deposit required for UFB Checking and Savings Bundle.
Only online banking available, no physical branches.
Lower APY of 4.01% for UFB Portfolio Savings account.

Summary: UFB Direct offers competitive APYs, with 4.21% for the UFB Checking and Savings Bundle, but requires a $10,000 minimum balance and direct deposit. The bank has no maintenance fees and boasts an A+ BBB rating. However, it operates online only, lacking physical branches, and the alternative UFB Portfolio Savings account offers a lower APY of 4.01%. Overall, it's suitable for savers comfortable with digital banking.

Savings Accounts

Savings Accounts Offered by UFB Direct

Feature	UFB Checking and Savings Bundle	UFB Portfolio Savings
APY	4.01% - 4.21% (as of 7/16/2025)	4.01% (as of 7/16/2025)
APY Trend	Stable for the last month	Stable for the last month
Minimum Deposit	$5000	$0
Minimum Balance for APY	$10,000	$0
FDIC-insured	Yes	Yes
Online Only	Yes	Yes
Bundled Account	No	No
Direct Deposit Required	Yes	No
Compound Frequency	Daily	Daily
Maintenance Fee	$0	$0
Eligibility	United States	United States
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
No deposit agreement summary available for this bank.

Calculate Savings for UFB Direct

All calculations are based on APY.

Choose savings account:

Initial Deposit:

⚠️ The minimum balance for the higher APY on this account is $10,000.

Recurring Deposit Amount:

Deposit Frequency:

Duration:

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 Portfolio Savings	UFB Checking and Savings Bundle
Latest APY	4.01 %	4.21 %
Trend	Sideways	Sideways
Slope (bps/mo)	-0.0	0.0
Rate Changes / Mo	0.00	0.00
Days Since Last Change	175	152
High (-6 m)	4.01 %	4.21 %
Low (-6 m)	4.01 %	4.21 %
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 6 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 (-6 m): Highest APY in the last 175 days.
Low (-6 m): Lowest APY in the last 175 days.
Draw-down from High: How far today sits below the 6-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.

Compare UFB Direct's Savings Accounts

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Feature	UFB Direct	Select a bank...
Product		N/A
APY	4.01% - 4.21% (as of 7/16/2025)	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