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. 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%-0.15% | 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%-0.15% | FDIC-insured up to $500,0002 ($1,000,000 for joint accounts) | check | View details | ||
| Retirement Sweep Deposit Account | RSDA | Sweeps cash balances into Morgan Stanley Private Bank's affiliated banks and Morgan Stanley Private Bank | 0.01%-0.15% | 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 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
International cash management option
| Program | Symbol | Description | APY | Insurance/Protection | Brokerage Account | Retirement Account | Personalized Investment | Additional information |
|---|---|---|---|---|---|---|---|---|
| International Sweep Deposit Account | ISDA | Sweeps cash balances into Morgan Stanley Private Bank’s affiliated bank and Morgan Stanley Private Bank | 0.01%-0.15% | 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 principal | 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 principal | 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 Morgan Stanley Private Bank.
Premium Savings Account
Boost your savings with 3.85% APY5
With rates 9X the national averaged2, plus FDIC protection up to $500,000d3, and more.
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.