Options for your uninvested cash

Learn how to put your uninvested cash to work for you

Cash management

You can earn interest with your uninvested cash at E*TRADE. We offer several cash management programs. Depending on your selection, available cash is either held in your brokerage account or swept to a bank sweep program or money market fund. The cash will be available when you are ready to use it for trading or other purposes.

Available cash management options

 

Program Symbol Description APY Insurance/Protection Brokerage Account Retirement Account Personalized Investment Additional information
Cash Balance Program CBP A cash balance held at E*TRADE Securities 0.01% SIPC protection up to $250,0001 check check check* View details
Extended Insurance Sweep Deposit Account ESDA Sweeps cash balances into multiple Program Banks 0.01% 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% 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 principal 7-day current yield SIPC protection up to $500,0001     check* View details

* Customers who do not wish to be invested in the JPMorgan US Government Money Market Fund for their Personalized Investments account should contact their Financial Consultant or E*TRADE Customer Service.

Account holders must either live in the United States or have a US Social Security number or Taxpayer Identification Number to be eligible for the above program

 

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

Account holders must neither live in the United States nor have a US Social Security number or Taxpayer Identification Number to be eligible for the above program

Legacy cash management options

These options are not available as cash management options to new accounts.

Program Symbol Description APY Insurance/Protection Availability Additional information
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 Securities and E*TRADE Bank.

Premium Savings Account

Investing and savings in one place

No monthly fees, no minimum balance requirement.

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.