UFB Direct Premium Money Market
in Money Market Accounts from Axos Bank
Not enough votes for recommendation
Would you recommend UFB Direct Premium Money Market to your friends?
| APY | 0.5% - 2.45% |
UFB Direct Premium Money Market Review
Axos Bank is based in San Diego, CA. It was founded in 2000 and offers its money market accounts in 50 states (and Washington, DC).
If you're considering a money market account and want to know whether UFB Direct Premium Money Market is right for you, read on.
Is UFB Direct Premium Money Market insured by the FDIC?
FDIC insured. UFB Direct Premium Money Market is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in money market accounts up to $250,000 per depositor if a member institution fails.
What are the UFB Direct Premium Money Market rates?
UFB Direct Premium Money Market offers an APY starting at .50% and ranging up to 2.45% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.
| Rates | Amount |
|---|---|
| APY (Annualized Percentage Yield) | .50% - 2.45% |
What are the UFB Direct Premium Money Market fees?
UFB Direct Premium Money Market does not charge a monthly maintenance fee. This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $5,000.
Axos Bank will charge you a $10 fee if you exceed your maximum number of monthly transactions. Axos Bank will allow you to make up to 6 transactions per month. That is also the maximum set by federal regulations for money market accounts.| Fees | Amount |
|---|---|
| Monthly Fee | up to $10 |
| Paper Statement Fee | $5 |
| Excess Transaction Fee | $10 |
What is the minimum balance for UFB Direct Premium Money Market?
Minimum initial deposit of $5,000. You must make an initial deposit of at least $5,000 to open this account.
Monthly maintenance minimum balance of $5,000. You can avoid the monthly fee if you keep a minimum balance $5,000.
Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.
What features and perks does UFB Direct Premium Money Market offer?
This account includes the following features:
- Check Writing - UFB Direct Premium Money Market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Mobile Banking Services - UFB Direct Premium Money Market allows you to manage your money online.
How to open an account with Axos Bank
- Visit the Axos Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
Contact
- Headquarters
-
4350 La Jolla Village Drive
Suite 140
San Diego, CA 92122 - Visit Site
Other Services by Axos Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| APY Minimum Balance | $1 |
| Minimum Initial Deposit | $5,000 |
| Minimum Balance to Avoid Monthly Fee | $5,000 |
Be the first to rate
Would you recommend UFB Direct Premium Money Market to your friends?
