Unifimoney Review 2021: Free Investing, High-Interest Checking, and More

Fee-free investing apps make it easy for almost anybody to invest. While any app can help you trade stocks, ETFs, and index funds, some apps offer more investment options and banking features.

If you want a “one-stop shop” for investing and banking, Unifimoney can be an excellent fit.

What is Unifimoney?

Unifimoney is a commission-free investing app with a variety of investing and banking features.

Here are some of the best features:

  • Self-managed investment accounts
  • Robo-advisor automated investment accounts
  • Cryptocurrency
  • Precious metals
  • High-yield checking account
  • Rewards credit card
  • Insurance
  • Student loan and home loan refinancing

As you can see, the platform handles almost anything money-related to protect your finances and help grow your wealth.

Unifimoney review

Who Should Use Unifimoney?

Unifimoney is an exciting option for individuals who want to invest and bank on the same app. Few online stock brokerages offer this convenience.

You may also consider this service if you also want to dabble into alternative assets like cryptocurrency and precious metals in the same portfolio.

Some of the banking features are for medical professionals and business professionals. You may have student loans, car loans, and/or a home mortgage. However, you have extra income to invest and you're looking for unique ways to earn passive income.

Unifimoney Investing Features

Here is a closer look at what this app offers investors for stocks and stock market alternatives.

Self-Managed Investing Account

Unifimoney review
Credit: Unifimoney

If you’re comfortable choosing which stocks and funds to buy, the self-managed investing account has many investment options.

Your investment options include:

  • 3,000+ individual stocks (US stock market)
  • 1,000+ ETFs
  • 300+ ADRs (Automated Depositary Receipts)

The minimum investment is $1 per trade and there are $0 trade commissions.

You might consider this account if you subscribe to investing newsletters as you can buy fractional shares of recommended stocks.

Aggressive investors will be able to trade options starting in the 2nd half of 2021. However, leveraged ETFs are unavailable on the platform.

Automated Investment Portfolio

If you’re an inexperienced investor or simply don’t have the time to research investments or manage your portfolio, an automated portfolio can be worth a look.

Some of the perks of this feature include:

  • Automatic portfolio rebalancing
  • Annual advisory fees starting at 0.15%
  • Can invest in ESG-focused ETFs (Environmental, Socal, and Governance)

You can choose from two different investment strategies:

  • Basic strategy: 15% annual advisory fee with a yearly rebalance.
  • Advanced strategy:30% advisory fee with an as-needed portfolio rebalance. Uses ETFs and ESG investments that match your risk tolerance.

The annual advisory fee is competitive with most robo-advisors—and potentially lower.

You will need to invest at least $25 monthly to enroll in a Unifimoney automated portfolio.


Crypto is potentially the most exciting investment trade of the decade—and potentially of the century.

Unifimoney partners with Gemini (a reputable cryptocurrency exchange) to offer 30+ crypto tokens.

Some of your crypto trading options include:

  • Bitcoin
  • Ethereum
  • Chainlink
  • Aave
  • The Graph

A cryptocurrency trading account is free to open and each trade minimum is $1.

New coins add to the investment selection on a regular basis. However, you are unlikely to see the latest meme coin and other trendy tokens that are more likely to drop in value and potentially empty out your wallet.

There are some cryptocurrency restrictions you should know about:

  • Cannot transfer your Unifimoney crypto positions to another wallet or exchange
  • Cannot import existing crypto keys from other exchanges
  • Can only sell your crypto for fiat currency (i.e., US dollars)

These import and export restrictions are common for stock investing apps that also offer crypto trading. You’re essentially holding a cryptocurrency derivative that trades like a stock.

If you’re comfortable not having access to your keys that give you more flexibility, this app can be a good option.

Otherwise, you should go directly to an exchange like BlockFi (which also lets you earn interest), Coinbase, or directly to Gemini.

Precious Metals

Unifimoney review
You can invest fractional dollars into precious metals. This can be cheaper than buying bars and bullion coins.
Credit: Unifimoney

An exciting investment option (to me) is being able to buy precious metals with the Unifimoney app and potentially take delivery of them.

You can buy fractional positions in these metals:

  • Gold
  • Silver
  • Platinum

The investing app partners with precious metals vaults to store your investments. You can request delivery once you have a qualifying position.

Precious metal trading fees are:

  • Buy or sell transaction fee: 0.50% (0.15% for orders above $10,000)
  • Storage fee: 0.50% (Minimum $1 per month)
  • Delivery fees: Varies

This feature can be better than buying a commodity ETF like GLD or SLV as you (the average investor) can’t take physical delivery of your investment.

With Unifimoney, you can directly invest in precious metals and not have to worry about finding a place to securely store your metals at your home or an off-site location (like a safe deposit box).

Being able to directly invest in stock market alternatives makes this platform a great platform to invest in stocks and non-equities under one roof.

Unifimoney Banking Features

It’s also possible to open an interest-bearing checking account and access other banking perks—including a rewards credit card.

High-Yield Checking Account

You can also open a high-yield checking account that earns interest and offers free ATM withdrawals. The minimum opening deposit is $100.

In some cases, you may need to open this account unlock certain app features, like the $25+ auto-invest into the automated portfolios.

Account perks include:

  • Earn 0.20% APY interest on deposits
  • 55,000+ fee-free ATMs (Allpoint network)
  • Up to $750,000 FDIC Insurance (with UMB Bank and other participating banks)
  • Debit card made from recovered ocean-bound plastic
  • Online bill pay
  • Checkbook is available to write paper checks

However, it's possible you will pay a monthly service fee of 0.20% unless you meet one of these requirements:

  1. Receive at least $2,000 in direct deposits
  2. Maintain a minimum $20,000 account balance

This account can earn more interest than most traditional savings accounts and checking accounts. If you can waive the monthly fee, it's worth considering this account due to its several perks to avoid common bank fees.

Open a Unifimoney high-yield checking account here.

Unifi Premier Credit Card

The Unifi Premier Credit Card is a rewards credit card that becomes available in the second half of 2021.

You can earn purchase rewards redeemable for the following:

  • Gold
  • Bitcoin
  • Stocks

Few details are available yet (July 30, 2021), but it appears the card will have an annual fee below $225 and it'll be a Visa Signature product.

Loan Refinancing

You can refinance student loans and your home mortgage through Unifimoney.

The app partners with lending partners and can offer competitive perks.

Student Loans

Some of the potential student loan refinancing perks include:

  • 1% refinance bonus (you can refinance up to $250,000 in student loans)
  • No application fees
  • Can combine multiple loans into a single new loan payment

This tool uses LendKey to refinance your loans. This feature focuses on helping medical professionals and business professions.

It's free to get a quote and won't hurt your credit score.


You can get a 0.5% discount on all purchase mortgages and mortgage refinances.


You can compare your current insurance premiums and coverage options with Gabi to see if you're paying the best rate.

You can compare these insurance products:

  • Car
  • Home
  • Life

Switching car or home insurance products through a Unifimoney comparison lets you receive a $15 Bitcoin reward.

There isn't any incentive for buying a new life insurance policy but you can give your family peace of mind.

Tip: I like Bestow if you want to get a no-exam term life insurance policy

Other insurance product comparisons will be available soon.

Health Savings Account

If you have a qualifying high deductible health plan (HDHP), you can open a health savings account (HSA) through Unifimoney with UMB Healthcare Services as the custodian.

Assuming you already have an HSA somewhere else, you can get a 1% transfer bonus when you roll over your account to Unifimoney.

HSA tax benefits include:

  • Tax-deductible contributions
  • Tax-free withdrawals for qualifying medical expenses

Your first $1,000 must be in an interest-bearing cash account for instant access.

Any HSA balance greater than $1,000 can go into an investment account. There are no account fees or trading commissions for the self-directed investment account.

Educational Tools

Here are some of the free online tools you can use to improve your money skills. Not every investing app has learning resources, so it's worth a look.


There is a digital magazine with learning articles about different investing and cryptocurrency topics. The content can be similar to what you read in Kiplinger's Personal Finance.

Investing Calculator

You can project your potential investment gains by how much you invest each day. Seeing the projections in a lifetime chart may motivate you to invest more or enroll in auto-investing.

Unifimoney Fees

Most of the app features don't charge fees, but here are some that you might pay.

Self-Directed Investing

There are no fees to buy or trade individual stocks and ETFs.

Automated Portfolios

An annual advisory fee of either 0.15% or 0.30% of the portfolio value. The platform collects this fee monthly from each auto-invest contribution.


There are no add-on transaction fees to buy or sell crypto tokens. Your price quote is the price you pay.

Precious Metals

There is a transaction fee of 0.50% for each buy or sell order for gold, silver, and platinum. There is also a 0.50% annual storage fee.

Shipping fees are separate if you choose to take physical delivery of your precious metals position.

High-Yield Checking Account

The high-yield checking account has a 0.2% service fee.

You can waive this fee with at least $2,000 in monthly deposits OR a $20,000 average account balance.

Unifimoney Offers

Maybe you need some free money as an incentive to open a new brokerage account or to switch online brokers and banks.

There are several offers you can use to maximize your Unifimoney membership.

Some of the examples include:

  • Get up to $1,000 in Bitcoin rewards when you join
  • Receive $15 in Bitcoin rewards when switching insurance policies
  • Up to 1% discount when refinancing a loan
  • Refer friends and bonus cash

Terms apply for each offer. You may need to make a qualifying initial deposit to earn certain bonuses.

See the latest Unifimoney offers


Here are some common questions you may have about investing and banking with Unifimoney.

Does Unifimoney have retirement accounts?

No, Unifimoney only offers taxable non-retirement investment accounts for self-directed and automated portfolios.

You will still need to use another broker to have a traditional IRA or Roth IRA.

One IRA alternative to consider is the health savings account for tax-advantaged contributions and withdrawals.

Is Unifimoney free to use?

Yes, Unifimoney is free to join but you may pay incidental fees for certain features including the high-yield checking account and precious metals investing.

Is the Unifimoney checking account FDIC insured?

Yes, the Unifimoney High-Yield Checking Account has up to $750,000 in FDIC insurance.

What are the benefits of the Unifimoney checking account?

Some of the best Unifimoney checking account benefits include:

  • Your entire deposit earns interest (0.20% APY as of 7/31/21)
  • Fee-free ATM withdrawals at Allpoint ATMs (55,000+)
  • A paper checkbook is available
  • Up to $750,000 in FDIC insurance

What are the Unifimoney customer service options?

Currently, you can only contact Unifimoney by email for customer service help.

Unifimoney Pros and Cons

Here are the pros and cons of using this app.


  • No transaction fees for investing or cryptocurrency
  • Self-directed and fully-automated stock brokerage accounts
  • Cryptocurrency and precious metals investment options
  • High-yield checking account is available
  • Can get discounts and rewards for refinancing loans
  • Can compare insurance products and potentially earn rewards


  • Fees apply for precious metal investing
  • May pay a service fee for the high-yield checking account
  • No traditional IRA or Roth IRA investment accounts
  • Email-only customer service
  • Can't access your private cryptocurrency keys
  • Mobile-only platform

Releted: Should you have a managed 401k?

Unifimoney Alternatives

Unifimoney is a unique platform that makes it possible to bank, invest in stocks, and also invest in alternatives assets at the same time. But these other platforms are also worth a look.

M1 Finance

M1 Finance is primarily an investing app that offers self-directed and automated funds. There are no trading fees and you can buy fractional shares of most stocks and ETFs.

It also has taxable and retirement accounts.

There is also an online checking account and a rewards credit card.

Unlike Unifimoney, this “investing super app” doesn't offer cryptocurrency or precious metal investing (unless you buy the stock ETF equivalents).

Read this M1 Finance review to get a closer look at the company.


Acorns is another micro-investing app with a monthly fee of either $1, $3, or $5 depending on which features you want.

You can get a fully-automated investing account and an online checking account. The investment minimum is $5.

The service also lets you round-up linked debit card and credit card purchases to invest your spare change.


Fidelity offers investing and banking accounts with virtually zero fees, if you prefer a legacy online broker. You can invest in zero-fee index funds and (when you use the mobile app) also fractional shares of stocks and ETFs.


Unifimoney offers exciting investment and banking options that can make it easy to diversify your investment portfolio and earn interest on your cash reserves.

Join Unifimoney and get up to $5,000 in bonus Bitcoin




Josh founded Money Buffalo in 2015 to help people get out of debt and make smart financial decisions. He is currently a full-time personal finance writer with work featured in Forbes Advisor, Fox Business, and Credible.