UFB Direct offers attractive interest rate on their savings account called Airline Reward Savings account. This high yield savings account has an interest rate of 1.30% APY. You just need to make an initial deposit of at least $100 to open an account and start enjoying this best interest rate.

Once you have opened your new savings account you will also earn 500 airline or mile points. This will be applied on your account 90 days after the account is opened. This best savings account does not have maintenance fee nor monthly service fee. You get free messaging alert with regard to your savings account through text or email. You can also enjoy managing your account at the convenience of your home using online banking. In addition, you also get the benefit to deposit check at home or in the office using My Deposit for free.

This best savings account permits you to make up to 6 withdrawals or transfers per statement cycle. You can process it using pre-authorized transfers, automatic, telephone, online bill payments, or online withdrawal transfers. If you want to make cash withdrawals using your ATM, the daily limit is $310.

You can start earning this high interest savings account when you visit the bank website and complete their application form to open an account. You will be ask for the following information like social security number with driver’s license or state issued ID, contact information including your current mailing address, and email address. You can use your check to fund your savings account, just write the check payable to UFB Direct or to your name. At the back of the check write “For Deposit Only” followed by your signature and account number.

For additional information about their best savings account and requirements, just call customer service thru 877-472-9200.

UFB Direct was established in 2000 and they are headquartered in San Diego, California. This is a sizable bank that has over $1.94 billion in declared assets. An FDIC insured company with certificate number 35546.