Cash Reserve
Cash Reserve is our no-fee, 100% cash account, which shields your money from market volatility. Because the returns on this account are low, relative to potential market returns, we typically recommend it only for money you plan to spend within the next year. This account includes the following features: 5.00% APY (variable)*, FDIC-insured up to $2 million at our program banks ($4 million for joint accounts)†, and fast access to your money.
Who it's for
Anyone depositing money to be spent soon
| Holdings | Program Banks in Cash Reserve |
|---|---|
| The Bancorp Bank2 | 0% |
| Barclays Bank Delaware1 | 0% |
| Cross River Bank | 0% |
| HSBC Bank USA, N.A.1 | 0% |
| State Street Bank and Trust Company1 | 0% |
| Wells Fargo Bank, N.A.1 | 0% |
| Citibank, N.A.1 | 0% |
| First Internet Bank of Indiana 1 | 0% |
| Bell Bank (Fargo, North Dakota) 1 | 0% |
| Webster Bank, N.A.1 | 0% |
| First Merchant Bank1 | 0% |
| Truist Bank1 | 0% |
| CIBC Bank USA1 | 0% |
| NexBank1 | 0% |
| Morgan Stanley Bank, N.A.1 | 0% |
| Morgan Stanley Private Bank, National Association1 | 0% |
Additional Resources
Cash Reserve Terms and ConditionsCash Reserve is for cash you intend to purchase securities with and should not be viewed as a long-term investment option. Program bank list last updated January 12, 2024.
Be invested.
