Check out UFB Direct-an online bank offering savings products with APYs of at least 5%
Briefly

UFB Direct's Portfolio Savings account provides a remarkable opportunity to earn up to 5.15% APY with no minimum deposits or monthly fees, positioning it among the top high-yield savings accounts.
Despite being a leader in high-yield savings, UFB Direct limits its offerings to savings and money market accounts, requiring an existing account for checking, which could deter some potential customers.
The InsureGuard+ Savings account from UFB Direct offers expanded FDIC insurance up to $200 million, providing an appealing option for high-net-worth individuals seeking secure savings solutions.
UFB Direct primarily focuses on competitive savings rates and innovative banking products, but it lacks traditional account options like stand-alone checking accounts or CDs, which may not fully meet every customer's needs.
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