Cash Reserve & Savings

Cash Reserve is our no-fee, 100% cash portfolio, which protects 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: 3.20% APY (variable)*, FDIC-insured up to $1 million at our program banks ($2 million for joint accounts)†, and fast access to your money.

Who is it for

Anyone depositing money to be spent soon

Holdings

Program banks in Cash Reserve

The Bancorp Bank

Program bank

Barclays Bank Delaware

Program bank

Barclays Bank Delaware

Program bank

Cross River Bank

Program bank

HSBC Bank USA, N.A.

Program bank

State Street Bank and Trust Company

Program bank

Wells Fargo Bank, N.A.

Program bank

Citibank, N.A.

Program bank

First Internet Bank of Indiana

Program bank

Cash 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 September 29, 2022.

Invested with benefits

Tax savings

Automated and optimized tax strategies help you earn more money over time.

Lower costs

Keep more money in your portfolio with low-cost exchange-traded funds (ETFs) and our 0.25% annual fee.

Adjusts automatically

Your investments are rebalanced as the market moves, with any dividends getting immediately reinvested.