ufb DIRECT High Yield Savings HONEST Review: Pros Cons 😨

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  • เผยแพร่เมื่อ 3 ม.ค. 2025

ความคิดเห็น • 32

  • @alexisidro
    @alexisidro  5 หลายเดือนก่อน +1

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  • @keishito
    @keishito 2 หลายเดือนก่อน +2

    UFB lowered their rates TWICE within a 2 months period. Currently at ~4.57% APY. Anything less than 5 is not worthy. There are so many banks offering 5%, and some offering more than 5.

  • @itoroudoimeh
    @itoroudoimeh หลายเดือนก่อน

    Fantastic video

    • @alexisidro
      @alexisidro  หลายเดือนก่อน

      Thanks a lot, what did you find most helpful?!

  • @anmclark
    @anmclark หลายเดือนก่อน

    I have found that UFB Direct seems to pay less interest on the exact some amount of money as my other HYSA. Even though the interest rates are the same on both accounts.

    • @alexisidro
      @alexisidro  หลายเดือนก่อน

      Interesting…just making up numbers, what is the difference? Let’s say you have $1,000 deposited.

  • @ElUnicoMaster
    @ElUnicoMaster 4 หลายเดือนก่อน

    I opened a HYSA almost a year ago. No complaints whatsoever. The ATM card is a great +.

    • @alexisidro
      @alexisidro  4 หลายเดือนก่อน

      What do you like about it?!

    • @ElUnicoMaster
      @ElUnicoMaster 4 หลายเดือนก่อน

      The APY (5.25% when I opened the account, now is 5.15%). No monthly fees, no minimum required to open the account, and the best thing is the ATM, a few savings accounts gives you an ATM/Debit card.

    • @ElUnicoMaster
      @ElUnicoMaster 4 หลายเดือนก่อน

      Only thing missing here is that I can't link the account to Zelle.

  • @joncruz
    @joncruz 3 หลายเดือนก่อน +1

    So to update the rate you have to call but if the interest go down they do it on the spot lol

    • @alexisidro
      @alexisidro  3 หลายเดือนก่อน +1

      haha yes, of course. Isn't that amazing

    • @SteveSabbai
      @SteveSabbai 2 หลายเดือนก่อน +2

      I heard a lot of people are having that problem with UFB DIRECT. Dirty tactics like that is why I did not open an account with them.

  • @iallerena
    @iallerena 4 หลายเดือนก่อน +2

    Its 5.15% now

    • @alexisidro
      @alexisidro  4 หลายเดือนก่อน

      Thanks for the update! What are your savings goals? I’m curious

  • @lovetrain442
    @lovetrain442 4 หลายเดือนก่อน +1

    I almost went with them but something didn’t feel right so I didn’t go through with it

    • @alexisidro
      @alexisidro  4 หลายเดือนก่อน

      Who did you go with?

  • @TheeNam3less
    @TheeNam3less 3 หลายเดือนก่อน

    Greetings. How do you compare this to Sofi? I'm deciding between these two.

    • @alexisidro
      @alexisidro  3 หลายเดือนก่อน +1

      SoFi requires direct deposit, but it's a better option for me.

  • @doncardking2677
    @doncardking2677 4 หลายเดือนก่อน +11

    Too much fluff, get to the point brother

    • @alexisidro
      @alexisidro  4 หลายเดือนก่อน +4

      I like fluff lol

  • @commandozorro
    @commandozorro 2 หลายเดือนก่อน

    Its 4.83% now.

    • @alexisidro
      @alexisidro  2 หลายเดือนก่อน

      I've noticed! Many going back down

    • @rodneywilliams8288
      @rodneywilliams8288 11 วันที่ผ่านมา

      It’s 4.01 now

  • @Doingmybest700
    @Doingmybest700 5 หลายเดือนก่อน +3

    Can you cover Wealthfront’s FDIC please? I read comments about people being afraid it’ll turn out like yotta so now I’m scared too lol (just opened an account)

    • @alexisidro
      @alexisidro  5 หลายเดือนก่อน +1

      I'll look into it! Maybe make a vid about it. Thanks. Any specific questions you have?

    • @Doingmybest700
      @Doingmybest700 5 หลายเดือนก่อน +2

      @@alexisidro thank you!! I’m slowly but surely binge watching your videos (I am new to HYSA). For Wealthfront, I am just wondering exactly how the FDIC insurance would work since it’s not a bank. Yotta was also FDIC insured but it looks like a lot of people cannot access their money… idk if my money is safe in Wealthfront so I would love to know if it is so I can have that piece of mind.

    • @diegogarcia8805
      @diegogarcia8805 4 หลายเดือนก่อน +1

      According to my brief research yotta and synapse which are the two institutions involved in that case weren't eligible for FDIC insurance, they would advertise it because they were partnered with banks who were FDIC insured.

    • @Doingmybest700
      @Doingmybest700 4 หลายเดือนก่อน

      @@diegogarcia8805 Yeaah.. but that’s what worries me about Wealthfront too, because they also partner with banks that are FDIC insured

  • @CooperWinfred-k9p
    @CooperWinfred-k9p 2 หลายเดือนก่อน

    Schroeder Trail

  • @AldridgeJulie
    @AldridgeJulie 2 หลายเดือนก่อน

    7023 Karelle Crest