{
  "source": "Movable Capital (movablecapital.com). Free to reuse with credit.",
  "treasury3mo": {
    "rate": 4.22,
    "date": "2026-10-23"
  },
  "options": [
    {
      "id": "merrill",
      "category": "sweep",
      "provider": "Merrill",
      "name": "Merrill Edge",
      "product": "Merrill Lynch Bank Deposit Program",
      "accountType": "Self-directed brokerage",
      "ratePct": 0.01,
      "rateNote": "Under $1M; 0.05% from $1M",
      "verifiedOn": "2026-10-20",
      "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
      "access": "Same day",
      "protection": "FDIC-insured at Bank of America (limits apply)",
      "conditions": "Default for brokerage accounts",
      "stateExemptShare": 0
    },
    {
      "id": "merrill-advisory",
      "category": "sweep",
      "provider": "Merrill",
      "name": "Merrill advisory accounts",
      "product": "Bank Deposit Program, Tier 5",
      "accountType": "Advisory account",
      "ratePct": 3.35,
      "rateNote": "Eligible investment advisory accounts",
      "verifiedOn": "2026-10-20",
      "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
      "access": "Same day",
      "protection": "FDIC-insured at Bank of America (limits apply)",
      "conditions": "Advisory account with an advisory fee",
      "stateExemptShare": 0
    },
    {
      "id": "merrill-ira",
      "category": "sweep",
      "provider": "Merrill",
      "name": "Merrill IRA",
      "product": "Retirement Asset Savings Program",
      "accountType": "IRA",
      "ratePct": 0.01,
      "rateNote": "Under $1M",
      "verifiedOn": "2026-10-20",
      "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
      "access": "Same day",
      "protection": "FDIC-insured at Bank of America (limits apply)",
      "conditions": "Default for IRAs",
      "stateExemptShare": 0
    },
    {
      "id": "schwab",
      "category": "sweep",
      "provider": "Schwab",
      "name": "Charles Schwab",
      "product": "Bank Sweep / Schwab One Interest",
      "accountType": "Self-directed brokerage",
      "ratePct": 0.01,
      "rateNote": "All balances",
      "verifiedOn": "2026-10-22",
      "sourceUrl": "https://www.schwab.com/cash-investments",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default for most brokerage accounts",
      "stateExemptShare": 0
    },
    {
      "id": "etrade",
      "category": "sweep",
      "provider": "E*TRADE",
      "name": "E*TRADE (Morgan Stanley)",
      "product": "Bank Deposit Program",
      "accountType": "Self-directed brokerage",
      "ratePct": 0.01,
      "rateNote": "Under $500k; 0.05% to $1M",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://us.etrade.com/l/options-uninvested-cash",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default for brokerage accounts",
      "stateExemptShare": 0
    },
    {
      "id": "fidelity-spaxx",
      "category": "sweep",
      "provider": "Fidelity",
      "name": "Fidelity brokerage (SPAXX core)",
      "product": "SPAXX, Fidelity Government Money Market",
      "accountType": "Self-directed brokerage",
      "ratePct": 3.52,
      "rateNote": "7-day yield",
      "verifiedOn": "2026-10-21",
      "sourceUrl": "https://fundresearch.fidelity.com/mutual-funds/summary/31617H102",
      "access": "Same day",
      "protection": "Money market fund, not FDIC-insured",
      "conditions": "Default core position for many new accounts",
      "stateExemptShare": 0
    },
    {
      "id": "fidelity-fdic",
      "category": "sweep",
      "provider": "Fidelity",
      "name": "Fidelity IRA (FDIC sweep option)",
      "product": "FDIC-Insured Deposit Sweep Program",
      "accountType": "IRA",
      "ratePct": 1.96,
      "rateNote": "All balances, if chosen as the core position",
      "verifiedOn": "2026-10-22",
      "sourceUrl": "https://digital.fidelity.com/prgw/digital/fdic-interest-rate/ira",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Optional core position in IRAs",
      "stateExemptShare": 0
    },
    {
      "id": "vanguard",
      "category": "sweep",
      "provider": "Vanguard",
      "name": "Vanguard brokerage",
      "product": "VMFXX, Vanguard Federal Money Market (settlement fund)",
      "accountType": "Self-directed brokerage",
      "ratePct": 3.83,
      "rateNote": "7-day SEC yield",
      "verifiedOn": "2026-10-21",
      "sourceUrl": "https://investor.vanguard.com/investment-products/money-markets",
      "access": "Same day",
      "protection": "Money market fund, not FDIC-insured",
      "conditions": "Settlement fund for brokerage accounts",
      "stateExemptShare": 0.6661
    },
    {
      "id": "ibkr",
      "category": "sweep",
      "provider": "Interactive Brokers",
      "name": "Interactive Brokers (IBKR Pro)",
      "product": "Interest on USD cash balances",
      "accountType": "Self-directed brokerage",
      "ratePct": 3.38,
      "rateNote": "On USD balances above $10,000; first $10,000 earns nothing",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.interactivebrokers.com/en/accounts/fees/pricing-interest-rates.php",
      "access": "Same day",
      "protection": "Broker-held cash; check IBKR's bank sweep option for FDIC coverage",
      "conditions": "Full rate needs account value over $100,000; smaller accounts earn a proportional rate",
      "stateExemptShare": 0
    },
    {
      "id": "robinhood-gold",
      "category": "sweep",
      "provider": "Robinhood",
      "name": "Robinhood with Gold",
      "product": "High-Yield Cash Program",
      "accountType": "Self-directed brokerage",
      "ratePct": 3.6,
      "rateNote": "Requires Robinhood Gold ($5 a month)",
      "verifiedOn": "2026-09-17",
      "sourceUrl": "https://robinhood.com/us/en/support/articles/cash-sweep-program-interest-rate/",
      "access": "Same day",
      "protection": "Over $10,000 swept to FDIC-insured program banks; first $10,000 held as broker cash",
      "conditions": "Gold subscription, $5 a month",
      "stateExemptShare": 0
    },
    {
      "id": "wells",
      "category": "sweep",
      "provider": "Wells Fargo",
      "name": "Wells Fargo Advisors",
      "product": "Bank Deposit Sweep",
      "accountType": "Advisor-led brokerage",
      "ratePct": 0.02,
      "rateNote": "Household assets under $1M",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.wellsfargoadvisors.com/financial-services/account-services/cash-sweep/rates.htm",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Advisory and retirement accounts may get higher rates",
      "stateExemptShare": 0
    },
    {
      "id": "morganstanley",
      "category": "sweep",
      "provider": "Morgan Stanley",
      "name": "Morgan Stanley brokerage",
      "product": "Bank Deposit Program",
      "accountType": "Advisor-led brokerage",
      "ratePct": 0.01,
      "rateNote": "Under $500k",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.morganstanley.com/wealth-general/ratemonitor",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default for brokerage accounts",
      "stateExemptShare": 0
    },
    {
      "id": "morganstanley-advisory",
      "category": "sweep",
      "provider": "Morgan Stanley",
      "name": "Morgan Stanley advisory accounts",
      "product": "Bank Deposit Program, advisory",
      "accountType": "Advisory account",
      "ratePct": 3.85,
      "rateNote": "Balances from $250,000; 0.01% below",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.morganstanley.com/wealth-general/ratemonitor",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Advisory account with an advisory fee",
      "stateExemptShare": 0
    },
    {
      "id": "raymondjames",
      "category": "sweep",
      "provider": "Raymond James",
      "name": "Raymond James",
      "product": "Raymond James Bank Deposit Program",
      "accountType": "Advisor-led brokerage",
      "ratePct": 0.05,
      "rateNote": "Under $250,000; 1.77% APY from $10M",
      "verifiedOn": "2026-10-22",
      "sourceUrl": "https://www.raymondjames.com/wealth-management/why-a-raymond-james-advisor/client-resources/market-numbers/deposit-rates",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default sweep",
      "stateExemptShare": 0
    },
    {
      "id": "ameriprise",
      "category": "sweep",
      "provider": "Ameriprise",
      "name": "Ameriprise",
      "product": "Ameriprise Insured Money Market Account",
      "accountType": "Advisor-led brokerage",
      "ratePct": 0.03,
      "rateNote": "Under $250,000; 1.01% APY from $1M",
      "verifiedOn": "2026-10-19",
      "sourceUrl": "https://www.ameriprise.com/sweeprates",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default brokerage sweep",
      "stateExemptShare": 0
    },
    {
      "id": "edwardjones",
      "category": "sweep",
      "provider": "Edward Jones",
      "name": "Edward Jones",
      "product": "Insured Bank Deposit",
      "accountType": "Advisor-led brokerage",
      "ratePct": 0.13,
      "rateNote": "Under $250,000; 1.80% from $10M",
      "verifiedOn": "2026-10-21",
      "sourceUrl": "https://www.edwardjones.com/us-en/investment-services/account-options/banking-borrowing-solutions/insured-bank-deposit",
      "access": "Same day",
      "protection": "FDIC-insured through program banks (limits apply)",
      "conditions": "Default sweep",
      "stateExemptShare": 0
    },
    {
      "id": "wealthfront-cash",
      "category": "savings",
      "provider": "Wealthfront",
      "name": "Wealthfront Cash Account",
      "product": "High-yield savings",
      "accountType": "Savings account",
      "ratePct": 3.55,
      "rateNote": "Base rate; promo: New clients get +0.65% for 3 months on up to $150,000",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.wealthfront.com/cash",
      "access": "1 to 2 business days to move",
      "protection": "FDIC: Up to $8M through program banks",
      "conditions": "None stated",
      "stateExemptShare": 0
    },
    {
      "id": "marcus",
      "category": "savings",
      "provider": "Marcus",
      "name": "Marcus by Goldman Sachs High Yield Savings",
      "product": "High-yield savings",
      "accountType": "Savings account",
      "ratePct": 3.5,
      "rateNote": "Base rate, no conditions",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.marcus.com/us/en/savings/high-yield-savings",
      "access": "1 to 2 business days to move",
      "protection": "FDIC: Standard $250k per depositor",
      "conditions": "No minimum, no fees",
      "stateExemptShare": 0
    },
    {
      "id": "sofi",
      "category": "savings",
      "provider": "SoFi",
      "name": "SoFi Savings",
      "product": "High-yield savings",
      "accountType": "Savings account",
      "ratePct": 3.3,
      "rateNote": "Base rate; promo: Up to 4.40% with direct deposit or qualifying deposits",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.sofi.com/banking/savings-account/",
      "access": "1 to 2 business days to move",
      "protection": "FDIC: Up to $3M through participating banks",
      "conditions": "None stated",
      "stateExemptShare": 0
    },
    {
      "id": "ally",
      "category": "savings",
      "provider": "Ally",
      "name": "Ally Online Savings",
      "product": "High-yield savings",
      "accountType": "Savings account",
      "ratePct": 3.2,
      "rateNote": "Base rate, no conditions",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.ally.com/bank/online-savings-account/",
      "access": "1 to 2 business days to move",
      "protection": "FDIC: Standard $250k per depositor",
      "conditions": "Same rate on all balances",
      "stateExemptShare": 0
    },
    {
      "id": "amex",
      "category": "savings",
      "provider": "American Express",
      "name": "American Express High Yield Savings",
      "product": "High-yield savings",
      "accountType": "Savings account",
      "ratePct": 3.2,
      "rateNote": "Base rate, no conditions",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://www.americanexpress.com/en-us/banking/online-savings/account/",
      "access": "1 to 2 business days to move",
      "protection": "FDIC: Standard $250k per depositor",
      "conditions": "None stated",
      "stateExemptShare": 0
    },
    {
      "id": "treasury-fund",
      "category": "fund",
      "provider": "Fidelity",
      "name": "Treasury-only money fund",
      "product": "FSIXX, Fidelity Treasury Only Portfolio, on Merrill",
      "accountType": "Money market fund",
      "ratePct": 3.79,
      "rateNote": "7-day yield",
      "verifiedOn": "2026-10-20",
      "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
      "access": "Next business day",
      "protection": "Money market fund, not FDIC-insured",
      "conditions": "Bought manually in your brokerage account",
      "stateExemptShare": 1
    },
    {
      "id": "prime-fund",
      "category": "fund",
      "provider": "Schwab",
      "name": "Prime money fund",
      "product": "SWVXX, Schwab Prime Advantage Money Fund",
      "accountType": "Money market fund",
      "ratePct": 3.71,
      "rateNote": "7-day yield",
      "verifiedOn": "2026-10-21",
      "sourceUrl": "https://www.schwab.com/cash-investments",
      "access": "Next business day",
      "protection": "Money market fund, not FDIC-insured",
      "conditions": "Bought manually in your brokerage account",
      "stateExemptShare": 0
    },
    {
      "id": "muni-fund",
      "category": "fund",
      "provider": "Federated Hermes",
      "name": "Municipal money fund (not your state's)",
      "product": "FFTXX, Federated Hermes Institutional Tax-Free Cash Trust, on Merrill",
      "accountType": "Money market fund",
      "ratePct": 1.45,
      "rateNote": "7-day yield",
      "verifiedOn": "2026-10-20",
      "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
      "access": "Next business day",
      "protection": "Money market fund, not FDIC-insured",
      "conditions": "Bought manually in your brokerage account",
      "stateExemptShare": 0
    },
    {
      "id": "tbill-3mo",
      "category": "treasury",
      "provider": "U.S. Treasury",
      "name": "3-month Treasury bill",
      "product": "Bought at auction or in your brokerage, held to maturity",
      "accountType": "U.S. Treasury",
      "ratePct": 4.22,
      "rateNote": "Par yield, held to maturity",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve",
      "access": "Matures in 3 months; can be sold any day at market price",
      "protection": "Backed by the U.S. government",
      "conditions": "Rate locks until maturity",
      "stateExemptShare": 1
    },
    {
      "id": "tbill-6mo",
      "category": "treasury",
      "provider": "U.S. Treasury",
      "name": "6-month Treasury bill",
      "product": "Bought at auction or in your brokerage, held to maturity",
      "accountType": "U.S. Treasury",
      "ratePct": 4.3,
      "rateNote": "Par yield, held to maturity",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve",
      "access": "Matures in 6 months; can be sold any day at market price",
      "protection": "Backed by the U.S. government",
      "conditions": "Rate locks until maturity",
      "stateExemptShare": 1
    },
    {
      "id": "tbill-1yr",
      "category": "treasury",
      "provider": "U.S. Treasury",
      "name": "1-year Treasury bill",
      "product": "Bought at auction or in your brokerage, held to maturity",
      "accountType": "U.S. Treasury",
      "ratePct": 4.44,
      "rateNote": "Par yield, held to maturity",
      "verifiedOn": "2026-10-23",
      "sourceUrl": "https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve",
      "access": "Matures in 12 months; can be sold any day at market price",
      "protection": "Backed by the U.S. government",
      "conditions": "Rate locks until maturity",
      "stateExemptShare": 1
    }
  ]
}