Unifimoney High Yield Checking Review

Unifimoney High Yield Checking is offered by Unifimoney, a nonbank financial services provider founded in 2019 and based in San Francisco, CA. Unifimoney High Yield Checking is available in 50 states (and Washington, DC).

• Higher than average APY. Unifimoney High Yield Checking has an annual percentage yield of up to 0.2%, which is higher than the national average interest rate on savings accounts.
• Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $20,000 or have a monthly direct deposit of $2,000.
• $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• No ATM fees. Unifimoney High Yield Checking does not charge fees on ATM transactions within its network but there is a fee of up to $0.75 for out-of-network ATM transactions.
• Bill pay. Pay your bills to practically anyone in the United States through Unifimoney.

Are checking accounts from Unifimoney federally insured?

No, your Unifimoney checking accounts are not insured by a federal insurance agency. This means that if Unifimoney were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What APY does Unifimoney High Yield Checking offer?

Unifimoney High Yield Checking offers an APY of 0.2% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Unifimoney High Yield Checking?

Unifimoney High Yield Checking requires a minimum initial deposit of $1,000 to open an account.

What fees does Unifimoney High Yield Checking charge?

This account charges a monthly service fee of up to $10.

Does Unifimoney High Yield Checking charge overdraft fees?

What features and perks does Unifimoney High Yield Checking offer?

This account includes the following features:

• Fraud monitoring - Unifimoney High Yield Checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Unifimoney High Yield Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Unifimoney High Yield Checking?

The customer support email for Unifimoney High Yield Checking is info@unifi.money.