UFB Portfolio Savings review

UFB Portfolio Savings comes from UFB Direct, a division of Axos Bank, and its headline rate is up to 4.01% APY for up to 6 months. That figure includes a limited-time 0.75% APY boost for new customers who open between October 1 and December 1, 2026 and enter the promo code UFB75 on the application, so the rate after the promotion is lower by that boost. The account has no maintenance fees and no minimum balance required to open, and UFB also sells it in a checking and savings bundle. Deposits are FDIC insured through Axos Bank up to $250K for individual and $500K for joint accounts, but UFB notes they are combined with any other Axos Bank deposits held in the same ownership, which matters if you already bank with Axos. The short promotional window and the six-month limit are why UFB sits mid-table here despite the high headline number. If you can open before December 1, it is a strong short-term rate.

Who it is for

New customers who can open before December 1, 2026

Price

No maintenance fees, no minimum to open; up to 4.01% APY for up to 6 months including a 0.75% new customer boost.

with no maintenance fees or no minimum balance required to open the account
Quoted from the vendor pricing page on November 12, 2026.

Key features

• Up to 4.01% APY for up to 6 months, including a 0.75% APY boost
• Boost requires promo code UFB75 on accounts opened October 1 to December 1, 2026
• No maintenance fees
• No minimum balance required to open
• FDIC insured through Axos Bank up to $250K individual and $500K joint

Strengths and weaknesses

• Strength: The promotional 4.01% beats every base rate on this list except EverBank's 4.20%
• Strength: No minimum to open and no maintenance fees
• Strength: Checking and savings bundle available
• Weakness: The 4.01% includes a 0.75% boost that lasts up to 6 months
• Weakness: The promo code must be entered during the application window
• Weakness: Deposits are insured together with any other Axos Bank accounts you hold in the same ownership

Key facts

• APY: Up to 4.01% for up to 6 months, with boost
• Boost: 0.75% with code UFB75
• Monthly fee: $0
• Bank: Axos Bank

Where it ranks

UFB Portfolio Savings is No. 10 in our Best High Yield Savings Accounts verdict.