Is a joint Cash Reserve account covered by FDIC insurance?

Published Jul. 23, 2019 | Updated Mar. 17, 2023

Yes. A joint Cash Reserve account offers up to $4,000,000† in FDIC insurance once funds are deposited into our program banks.

This is separate from any cash held in an individual Cash Reserve account, which offers up to $2,000,000† in FDIC insurance once deposited into our program banks. Learn more about special considerations.