[YMMV] UFB Direct $100 Savings Bonus

Update 11/4/24: Bonus is back, requires a $15,000 deposit for 30 days but the account earns 4.57% so worth it again.

Update 12/5/23: Available again via Money Ninja. Requires a $30,000 deposit now so not worth it.

Update 11/17/23: Back through 12/31/23. This time via Money Ninja.

Update  8/30/23: Offer is back through 8/31/23.

Offer at a glance

• Maximum bonus amount: $100
• Availability: Nationwide
• Direct deposit required: None
• Additional requirements: Use promo code
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: $100
• Monthly fees: None
• Early account termination fee:
• Household limit: None listed
• Expiration date: August 31, 2023

The Offer

Direct link to offer

• UFB Direct is offering a $100 savings bonus via BankBonus.com when you complete the following requirements:
  • Enter email to get code
  • Open a UFB Best Savings or UFB Best Money Market Account with your promo code

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Our Verdict

I have no idea how reputable this site is. As the bonus is not provided by UFB Direct you run the risk of getting nothing. I assume they are receiving an affiliate commission and then passing this onto the new account holder (this is something we have done in the past, but without managing the payments ourselves to avoid any issues). Often this incentivized traffic is not allowed, but UFB has worked with Swagbucks for a similar but smaller promotion so I assume it’s allowed. The bonus itself is very easy to meet the requirements for.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times