UFB Portfolio Money Market review

UFB Portfolio Money Market suits savers who can keep at least $5,000 in the account. UFB Direct, a brand of Axos Bank, describes the account as having check-writing privileges and pays a standard 3.26% APY on every balance tier, from $0 to $100,000 and above. New customers who open with promo code UFB75 get a boosted 4.01% APY for up to 6 months, and that offer ends December 1, 2026; after the boost the account returns to the standard rate. Mobile deposit, SMS banking and online banking are included. The cost is the fee: there is no monthly maintenance fee with a $5,000 balance, otherwise it is $10 per month, which wipes out the interest on small balances. Deposits are FDIC insured through Axos Bank under certificate #35546, and all Axos Bank brands share that coverage. For more than the standard limit, UFB points to InsureGuard+ Savings through IntraFi.

Who it is for

new customers with $5,000 or more who want a promo rate and checks

Price

$10 monthly fee unless you keep a $5,000 balance; 3.26% standard APY.

Enjoy no monthly maintenance fees with a $5,000.00 balance, otherwise fee is $10.00 per month.
Quoted from the vendor pricing page on November 13, 2026.

Key features

• 3.26% standard APY on every balance tier
• 4.01% APY for up to 6 months for new customers with code UFB75, offer ends 12/01/26
• Check-writing privileges
• Mobile deposit, SMS banking and online banking
• InsureGuard+ Savings offers expanded coverage up to $265 MM through IntraFi

Strengths and weaknesses

• Strength: Same 3.26% APY from $0 up to $100,000 or more
• Strength: Promo rate of 4.01% for new customers
• Strength: FDIC insurance through Axos Bank, certificate #35546
• Weakness: $10 monthly fee if the balance is under $5,000
• Weakness: The 4.01% promo lasts at most 6 months and needs a code
• Weakness: UFB and Axos Bank deposits are insured together, not separately

Key facts

• Standard APY: 3.26%
• Promo APY: 4.01% for up to 6 months, code UFB75
• Monthly fee: $10, waived with $5,000
• Checks: Check-writing privileges

Where it ranks

UFB Portfolio Money Market is No. 6 in our Best Money Market Accounts verdict.