American Express vs. UFB Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
American Express
High Yield Savings Account
3.40%APYDec 17, 2025FDIC InsuredNo MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
American Express
High Yield Savings Account
UFB Direct
UFB Checking and Savings Bundle
Up to3.60%APYDec 17, 2025FDIC InsuredHigh MinimumDirect Deposit ReqChecking BundleGreat iOS AppGreat Android AppRange: 3.40% – 3.60%Show Fine Print & Trends Hide Details
UFB Direct
UFB Checking and Savings Bundle
Comparison Analysis
Comparing American Express vs. UFB Direct
As of American Express offers an APY of 3.40% for its High Yield Savings Account, with a minimum balance of $0, compared to UFB Direct's 3.60% APY for its UFB Checking and Savings Bundle account, with a minimum balance of $10,000.
UFB Direct pays $20 more than American Express on a $10,000 balance after one year. American Express pays $340, while UFB Direct pays $360 - an APY advantage for UFB Direct.
In addition, UFB Direct also offers 3.40% APY for the UFB Portfolio Savings account, with a minimum balance of $0.
Why American Express?
No distinct advantages found vs UFB Direct.
Why UFB Direct?
- ✓Offers 2.00% APY on Checking Account in addition to the savings APY
- ✓Access to over 90,000 fee-free ATMs
- ✓Higher potential APY (3.40%-3.60% vs 3.40%) (requires checking bundle & direct deposit)
- ✓Higher rated Android app (4.3 vs 3.6)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle earns more on smaller deposits (approx. $360 vs $340/yr).
Better Returns at $25,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle pulls ahead with larger amounts (approx. $900 vs $850/yr).
Best for All-in-One Banking
UFB DirectUFB Direct's UFB Checking and Savings Bundle pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, UFB Direct's UFB Checking and Savings Bundle pays $20 more interest on a $10,000 balance than American Express's High Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
UFB Direct emerges as the winner with its UFB Checking and Savings Bundle, offering an APY of 3.60% for customers who maintain a minimum balance of $10,000 and meet specific conditions, including making 10 approved debit card transactions per statement cycle. This product provides better returns compared to American Express's High Yield Savings Account, which offers an APY of 3.40%. While both banks feature online-only savings accounts with no minimum deposit or maintenance fees, American Express does not require a checking account, making it a simpler alternative for those not wanting to meet additional conditions.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
American Express vs. UFB Direct Savings Calculator
You earn $20 more with UFB Direct than American Express on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
American Express
High Yield Savings Account
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
UFB Direct
UFB Checking and Savings Bundle
Savings Breakdown
- Interest Earned+$360.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,360.00
Sponsored Link
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Top Market Contenders
See who beats both American Express and UFB Direct.
| Feature | American Express | UFB Direct |
|---|---|---|
| APY | 3.40% Verified: 12/17/2025 ↘︎ 0.10%90d Change | 3.60% Range: 3.40% - 3.60% Verified: 12/17/2025 ↘︎ 0.50%90d Change |
| Product Name | High Yield Savings Account | UFB Checking and Savings Bundle |
| Minimum Deposit | $0 | $5000 |
| Min. Balance for APY | $0 | $10,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android3.6 | iOS4.8 Android4.3 |
| BBB Rating | F | A+ |
| Important Notes | - | The regular savings or money market APY may be boosted up to 3.60% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Next Steps | SponsoredOpen Account |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | UFB Direct | |
|---|---|---|---|
| High Yield Savings Account | UFB Checking and Savings Bundle | UFB Portfolio Savings | |
Current APY | 3.40% | 3.60% | 3.40% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.3 | -5.5 | -4.9 |
Days Since Change | 21 | 6 | 6 |
11-Month High | 3.80% | 4.21% | 4.01% |
11-Month Low | 3.40% | 3.60% | 3.40% |
Adjustments / Mo | 0.36 | 0.36 | 0.36 |
Volatility Score | 0.032 | 0.052 | 0.053 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare American Express vs...
Comparing against Standard Savings
Compare UFB Direct vs...
Comparing against other Bundled Accounts