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Freedom Checking + Savings
Unlock Up to 4.21% APY**
Combine Freedom Checking with Portfolio Savings to boost your savings APY by up to 0.20%.** Fewer fees, faster transactions. Plus, earn 2.00% APY* on your checking account.
Hassle-Free Money Transfers
Move money instantly between your Portfolio Savings and Freedom Checking accounts.
Boost Your Savings APY by Up To 0.20%**
When you open a Freedom Checking account with a Portfolio Savings account, you can get up to 4.21% APY.**
Freedom From Fees
Skip the monthly maintenance fees and minimum deposit requirements.
Checking and Savings – Better Together
See how your savings and checking accounts can work together to give you an APY of up to 4.21%** – while you also receive the individual benefits of each account.
Saving For Tomorrow
Feel secure about your financial future, and watch your money grow.
No monthly maintenance fees.
No minimum deposit required to open an account.
FDIC insurance up to the maximum allowance limit.
UP TO4.21%APY**
Checking – With Interest
Earn 2.00% APY* in your checking account, 25x the national average†
Fewer account fees
Over 90,000 fee-free ATMs
Boost your savings APY by up to 0.20%**
EARN2.00%APY*
Two Accounts, One Application
Open a Freedom Checking and Portfolio Savings bundle with just one application. Follow these steps to start earning up to 4.21% APY**:
Complete your application for the bundle.
Sign in online or in the mobile app.
Add money to your accounts.
It’s easy!
How to Get Up to a 0.20% APY Boost**
Follow these steps to get your boost.
Step 1
Open a UFB Freedom Checking account and set up direct deposits that total $5,000 monthly to unlock a 0.05% APY** increase on your savings or money market account.
Step 2
Get an additional 0.10% APY** boost on your savings or money market account when you maintain a minimum balance of $10,000.
Step 3
Earn an extra 0.05% APY** boost when you make 10 approved debit card transactions per statement cycle.
UFB Portfolio Savings
| Balance Tiers | APY* | Rate |
|---|---|---|
| $0-$9,999.99 | 4.01% | 3.93% |
| $10,000 to $24,999.99 | 4.01% | 3.93% |
| $25,000 to $49,999.99 | 4.01% | 3.93% |
| $50,000 to $99,999.99 | 4.01% | 3.93% |
| $100k or greater | 4.01% | 3.93% |
Why Bank With UFB Direct?
UFB Direct is known for market-leading rates, but we also provide:
Instant, hassle-free transfers between UFB Direct accounts.
Online account access available 24/7.
Access to over 90,000 ATMs.
Fewer fees.
Checking rates 25x the national average.†
We Take Data Protection Seriously
Fraud Protection
We regularly monitor all accounts for potential fraud and use anti-virus protection to help us detect and prevent viruses. Our firewalls help block unauthorized access by individuals or networks.
SSL Encryption
Our Secure Socket Layer (SSL) 128-bit encryption creates a secure connection with your browser when you log in or fill out an application.
Automatic Logouts
We automatically log you out of your secure session after a period of inactivity to protect against unauthorized users.
See Why Others Choose to Bank With Us
UFB Freedom Checking
| Balance | APY* | Rate |
|---|---|---|
| $0 to $1,999.99 | 2.00% | 1.98% |
| $2,000 to $9,999.99 | 2.00% | 1.98% |
| $10,000 to $24,999.99 | 2.00% | 1.98% |
| $25,000 to $49,999.99 | 2.00% | 1.98% |
| $50,000 to $99,999.99 | 2.00% | 1.98% |
| $100k or greater | 2.00% | 1.98% |
Frequently Asked Questions
Opening a checking account online is similar to opening one in person. Simply select the bank you’d like an account with and follow their account opening instructions. You’ll need to fill out an online application.
It depends on the account you open, but typically you’ll need a valid ID and your social security number.
Yes. Checking accounts are deposit products and therefore are insured up to $250,000 individually and $500,000 joint. If you need more coverage, explore our InsureGuard+ option for expanded FDIC insurance.
Direct deposit works by having your employer deposit your paycheck directly into a bank account instead of giving you a paper check to deposit yourself. Typically, direct deposit is a safer and faster way to receive your paycheck.
A Freedom Checking account is a checking account that provides debit card access to funds. When combined with a Portfolio Savings account, a Freedom Checking account can boost your savings rate up to 0.20%**.
A Portfolio Savings account is a savings accounts that offers up to 4.01% APY* alone and when combined with a Freedom Checking account, it offers up to 4.21% APY**.
When you open a Freedom Checking account with a Portfolio Savings account and follow the instructions above, you can earn up to a 0.20% APY** boost.
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