UFB Direct: Savings Accounts & Rates

Savings rates updated: 8/29/2025

Mission statement: Banksparency aims to make UFB Direct's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

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

We earn a commission if you open an account through some links on this page.

Savings Overview

UFB Checking and Savings Bundle: 4.01% - 4.21% APY(Rank 27 out of 81 tracked HYSAs)

Minimum Deposit: $5000 | Online Only

UFB Portfolio Savings: 4.01% APY(Rank 45 out of 94 savings accounts)

Minimum Deposit: $0 | Online Only

Offered by the affiliated Axos Bank:

Axos ONE: 4.46% APY(Rank 9 of the 20 Best Savings Rates)

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 46 out of 94 savings accounts)

Minimum Deposit: $0 | Online Only

High Yield Savings: 0.61% APY(Rank 85 out of 94 savings accounts)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.39% (as of 8/26/2025)

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

Deposit Insurance: FDIC Cert # 35546

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 Portfolio Savings offers a competitive APY of 4.01%
UFB Checking and Savings Bundle can yield up to 4.21% APY with conditions
No maintenance fees on both savings accounts
High App Store rating of 4.8 and Google Play rating of 4.7

Considerations

UFB Checking and Savings Bundle requires a $10,000 minimum balance
Direct deposit required for the highest APY on the bundle account
No physical branches available for in-person banking
Limited account options compared to larger banks

Summary: UFB Direct offers two high-yield savings accounts with competitive APYs of 4.01% and up to 4.21% for the bundle, contingent on direct deposits and maintaining a minimum balance. Both accounts have no maintenance fees, appealing to savers. However, the bundle requires a $10,000 minimum balance and direct deposit to achieve the highest rate. With no branches, it caters to online banking users, supported by strong app ratings.

Savings Accounts: In-Depth View

Savings Accounts Offered by UFB Direct

Feature	UFB Portfolio Savings	UFB Checking and Savings Bundle
APY	4.01% (as of 8/29/2025)	4.01% - 4.21% (as of 8/29/2025)
APY Trend	Stable for the last quarter	Stable for the last quarter
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.
Sponsored Link	LEARN MORE at UFB Direct, Member FDIC	LEARN MORE at UFB Direct, Member FDIC
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: $2,541.6 (12.37%)
Total contributions: $13,000 (63.29%)
Initial deposit: $5,000 (24.34%)

Your total balance

$20,541.60

Effective APY: 4.17% (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	197	220
High (-7 m)	4.21 %	4.01 %
Low (-7 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 7 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 (-7 m): Highest APY in the last 220 days.
Low (-7 m): Lowest APY in the last 220 days.
Draw-down from High: How far today sits below the 7-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

Affirm - 3.85% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.15% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Capital One - 3.50% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.00% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.10% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	UFB Direct	Select a bank...
Product		N/A
APY	4.01% - 4.21% (as of 8/29/2025)	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
Sponsored Link	Learn More at UFB Direct, Member FDIC

Bank-to-Bank Comparisons

Compare UFB Direct's APY of 4.21% with other banks

Bank Pair	Best APY	Min Deposit
UFB Direct vs Ally Bank	3.50%	$0
UFB Direct vs American Express	3.50%	$0
UFB Direct vs Bank of America	0.01%	$100
UFB Direct vs Barclays	4.10%	$0
UFB Direct vs Capital One	3.50%	$0
UFB Direct vs Chase Bank	0.01%	$0
UFB Direct vs Chime	3.75%	$0
UFB Direct vs CIT Bank	4.00%	$100
UFB Direct vs Discover Bank	3.50%	$0
UFB Direct vs Fitness Bank	4.85%	$100
UFB Direct vs Marcus by Goldman Sachs	3.65%	$0
UFB Direct vs Presidential Bank	4.50%	$5,000
UFB Direct vs SoFi Bank	3.80%	$0
UFB Direct vs Synchrony Bank	3.80%	$0
UFB Direct vs Varo Bank	5.00%	$0
UFB Direct vs Wells Fargo	2.51%	$25