UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Can you hold multiple Savings accounts under the same name with UFB Direct?
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Mine also dropped from 5.02% to 4.50% without warning.
Contacting CS to get it increased to the new 5.25% rate per https://slickdeals.net/f/16854260-ufb-high-yield-savings-earn-up-to-5-25-apy
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
4.5% was APR or APY? When I did the APY calculation on my account it came out to 5.02%
I just had mine adjusted to 5.25%. Thanks for mentioning that.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Yikes that's not good.
Good thing I request the 5.25% last week. Already done.[/QUOTE
Is UFB offering 5.25% now? I had them bump me up to 5.06% when I saw that but I hadn't seen higher. Is...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
From chat support
"I would like to inform you that yes, you can have any number of Savings accounts at the same time."
:applause:
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Guys did you all check your rate today, I checked mine and it’s not 5.02% anymore. It went down to 4.50%.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Here's notes from after phone calls (many on hold too long) yesterday with strikethroughs on the ones I rejected, and comments on why.
I did need a checking account directly within the account, not...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
My account says apy 0.00 but my funds havent transfered so not sure when that is going to adjust. Hopefully it's actually 5.2
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
So whats the verdict UFB or IvyBanks Index Savings Account?
If feds raise rates next week as UFB expected Ivybank will be in the 5% also
Currently 4.75% Annual Percentage Yield (APY)
the rate for...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Because much larger banks recently went under for not being able to cover withdraws lol. You'd have to be a fool to do this
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Google the bank and reviews. Be careful with your money. One out of ten start review.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Been using them since October. I’m still alive :lmao:
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Am I missing something, only see 3.75% with that Marcus link?
edit
NVM, read more about it here: https://themoneyninja.com/marcus-100-savings-bonus/
It's an interesting value proposition....
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
$500,000. with a joint acct
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Seems to be on a down trend this week? Still less risky though.
https://www.treasurydirect.gov/auctions/announcements-data-results/
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I believe transfers initiated externally (push/pull) have no limits.
As for the ACH limits themselves (initiated from Axos) this is the response I got back in Jan of this year:
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
NOPE, it is going down starting 4/1!!!
You can say Good bye to the 4.75 Ivy rate come 4/1, as it's determined by the 1 month t-bill on the 15th of this month for next month(look on the ivy site ,...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
sure... but a quick Google search will also find you thousands of negative reviews. I still gave it a shot though
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Not sure about wires but there are ACH transfer limits if initiated from UFB. However, I confirmed that you can transfer out more if initiated from the other bank. That amount depends on the other...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I have the preferred savings. UFB may create a new savings name for their next rate increase. If that happens, you’ll need ask them to change your savings to the new name to get that better rate. ...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
If you're looking to withdraw more than what their restrictions allow, $35 is an insignificant amount.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I know I saw a really bad review of UFB. Most of them put just 1 star and really complained. Lots of cases when they try to talk to customer support, but hard to speak with anyone.
BUT, because they...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I went to Capital One and added UFB as an external account instead. I was also kinda spooked with the data disclaimers that UFB wanted me to sign to link CapOne from their end, so decided to do the...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Yeah, you have to monitor UFB direct weekly. They with offer better rates on new accounts with a different name. You have apply for that new account then “fund” it by transferring the money from the...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
My experience is only 5 days but it's been fine so far. Wired money on Friday and it showed up quickly. Accrued interest shows the right amount through Monday and I had linked my Wells Fargo acct...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I'll pass on these smaller banks plus I don't want to have to meet criteria on a savings account or any account really but in this case a savings account.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Meaningless word salad.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
MMA allows you to write checks, Savings doesn't. MMA charges a monthly fee that is easily waived, Savings doesn't charge a fee in the first place. Overall they are very similar products, especially...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I'm going to wait till the Fed decision on rate increase. Probably another 1/4 point. See if UFB will go a bit higher. ATM UFB is increasing rates at a fast rate. It was 4.12 when I got turned onto...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
rtfm and their customer service is US based during business hours
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I downloaded their document and here they are
Wire Transfers Incoming (Domestic and International) Free
Wire Transfers Outgoing (Domestic) $35.00 each
Wire Transfers Outgoing (International)...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
They are FDIC insured. Your money is safe up to $250,000.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
They've been around a long time, then lost leader status on highest rates. Guess they are getting back in the game.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Complimentary ATM card lmao
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
This one wins the ridiculous comment on the thread award. Obviously no clue what "woke" means or how banking works.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
I would educate yourself on the difference between interest rate and APY.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
Ignore the click bait article title: https://www.nbcnews.com/politics/donald-trump/auditor-fired-axos-bank-trumps-new-lender-wins-lawsuit-bank-rcna30098
The take away is an auditor was fired for...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
107,806 Views
That expired over a month ago.
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