[al0061]

As we 'speak', I'm in the process of trying to open a UFB account, to get the great rate and the bonus, in spite of BankRate's 'below industry standard' rating.
I couldn't find any reference to the length of time the funds must remain in the account, so thanks for that information, UFBRep. You might want to have that added to the website, with the 200 minimum deposit info.
The bonus is only during the month of May, so if you're putting it off, don't.

The site is nothing like ING (darn) or Emigrant Direct (Yippee). You can't link an account to the UFB account from the UFB site. You can from your own bank's site, according to the Customer Care rep. (She was very nice, and only somewhat helpful.) After applying, your initial deposit must be either mailed (they have ties through Mailboxes Etc. for free 'mailing' of deposits') or initiated online from another account.

After the application was completed, I was taken to a questionnaire page, similar to Emigrant or ING. I can't remember which. When I saw these questions on Emigrant/ING, they were surprisingly correct, such as 'You had a loan in XX month/year. Who provided the loan?' The questions on UFB are so far off base, it actually worries me, and prompts me to check my credit report again. After answering None of the Above to all of them, I am still waiting for their system to finish processing my answers. (The system is 'powered by Equifax'. I'll be checking my credit info with them.)

Still waiting for the 'reply' from the questionnaire. I might have to give up.

Anyway, That's my experience so far, with trying to open this account.
I'll keep you posted.

Any advice, UFBRep?
Anyone else have any experiences to share?

Torch - aka al0061

Edited to add: Hi Genchan. The EmigrantDirect account is actually listed as a savings account, not a money market.

I'm still waiting for the questionnaire response...Not a great experience, on the account-opening front.