Options for your uninvested cash

All the ways you can put your uninvested cash to work for you

Sweep accounts

A sweep account is an income-producing vehicle for uninvested cash in your brokerage account. Available cash is automatically swept on a daily basis into your sweep account, which may earn interest or dividends. When you're ready to use the cash for trading or other purposes, it’s automatically pulled from your sweep account.

Available sweep account options

Account holders either live in the United States or have a US Social Security number or Taxpayer Identification Number

Sweep Account Symbol Description APY Insurance/Protection Brokerage Account Retirement Account Personalized Investment Terms/Prospectus
Cash Balance Program CBP A cash balance held at E*TRADE Securities 0.01% to 0.25% SIPC protection up to $250,0001 check check check N/A
Extended Insurance Sweep Deposit Account ESDA Sweeps cash balances into multiple Program Banks 0.01% to 0.25% FDIC-insured up to $1,250,0002 ($2,500,000 for joint accounts) check     View details
Retirement Sweep Deposit Account RSDA Sweeps cash balances into E*TRADE's affiliated banks, E*TRADE Savings Bank and E*TRADE Bank 0.01% to 0.25% FDIC-insured up to $500,0004   check   View details
JPMorgan US Government Money Market Fund, Capital Class OGVXX A money market mutual fund seeking high current income with liquidity and stability of prinicipal 7-day current yield SIPC protection up to $500,0001     check View details

Account holders neither live in the United States nor have a US Social Security number or Taxpayer Identification Number

Sweep Account Symbol Description APY Insurance/Protection Brokerage Account Retirement Account Personalized Investment Terms/Prospectus
International Sweep Deposit Account ISDA Sweeps cash balances into E*TRADE's affiliated bank, E*TRADE Savings Bank 0.01% to 0.25% FDIC-insured up to $250,0003 check check   View details

Legacy sweep account options

These options are not available as sweep options to new accounts.

Sweep Account Symbol Description APY Insurance/Protection Availability Disclosure/Prospectus
JPMorgan US Government MMKT E*TRADE Class JUSXX A money market mutual fund seeking high current income with liquidity and stability of prinicipal 7-day current yield SIPC protection up to $500,0001 Fund not available as a sweep option. View prospectus
JPMorgan US Treasury Securities MMKT Morgan Class HTSXX A money market mutual fund seeking high current income with liquidity and stability of prinicipal 7-day current yield SIPC protection up to $500,0001 Fund not available as a sweep option. View prospectus

Savings and other cash options

Looking for other ways to put your cash to work? Here are some additional options available at E*TRADE and E*TRADE Bank.

Premium Savings Account

Savings with high interest, FDIC insured up to $1,250,000

Earn 1.75% APY5 (19x the national average6) with no deposit required to open an account.

Bonds and CDs

These investments pay regular interest and typically aim to return 100% of their face value at maturity. Choices include everything from U.S. Treasury, corporate, and municipal bonds to FDIC-insured certificates of deposit (CDs).

Max-Rate Checking

Competitive yields and free features

Free Transfer Money service, online bill pay, and unlimited ATM fee refunds nationwide.