UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 Views
UFB Direct, our partner, offers the following benefits with their Preferred Savings account:
Earn up to 5.02% APY*.
No monthly maintenance fees.
No minimum deposit requirement
Complimentary ATM...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
I believe they only let you move 20k a month? Not 100% sure on that, but I'm definitely hitting limits trying to deposit into ufb
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
you can wire transfer any amount
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Do you gain interest monthly?
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Im def staying away from these banks ive never even heard of
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
will this work for a business account?
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Stop spreading fear. The money is FDIC secured like the largest of banks... which tend to be large because they offer non-competitive rates in most cases.
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
What's with all this rate adjustment? Doesn't a savings account change rate automatically accordingly?
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
UFBDIRECT is not listed on FDIC: https://banks.data.fdic.gov/bankfind-suite/bankfind
I can see AXOS though. This could be a grey area.
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
maybe it's just me, but if a bank does not even have an address they can display on their website, that's a red flag.
Banks follow the practices such as 'know-yuor-customer' ()KYC) which...
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Can't you get around their transfer limits by pulling the money from another account?
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
I have an account with them and my daily transfer limit via EFT is $100k per day. Also, this is completely irrelevant of you want ANY amount higher than that as you can always get ANY amount out...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Just buy stable coins. Digital gold...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
I did once in November.
I just confirmed December was 4.04% and January was 4.16%.
Transferring money is painfully slow and takes about a week. Overall customer support was responsive.
edit:...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
I hate UFB / Axos bank, site and app is ridiculously slow.
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Yes. Interest is paid at the 1st of the month.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
My experience as well. Shady.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Click on your account and then the details tab. I just called and had them adjust the interest rate.
Alex
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Good call, thank you. Looks like I’m at 5.02% already. Thanks for the help, it’s greatly appreciated.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Thanks. The information you got from that email seems to match what the reviewer wrote. Also, they're claiming this is an anti-fraud measure is rather specious.
UFB Preferred Savings: Earn up to 5.02% APY
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Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
Opened a new account and it says it will be reviewed within 2 days ?
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
I've had UFB now for about a month, and aside from the incredibly slow transfers, it's been fine. They updated my rate automatically from 4.55% to 5.02%. CapitalOne360 has insanely fast transfers,...
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 Views
You have to be on their tail and get them to increase each time?
That sucks.
I prob don't want to do any biz with them.
UFB Preferred Savings: Earn up to 5.02% APY
Expired
Thread created 02-22-2023 by LD7
+52 Score
409 Replies
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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
105,812 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:
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