{
 "api": "v1",
 "updated": "2026-11-06",
 "attribution": "Source: Movable Capital (movablecapital.com), rates verified at each provider’s own page on the date shown.",
 "license": {
  "name": "CC BY 4.0",
  "url": "https://creativecommons.org/licenses/by/4.0/"
 },
 "docs": "https://www.movablecapital.com/developers",
 "note": "Default cash rates at brokers, by account type. Most pay far below Treasury bills.",
 "rates": [
  {
   "id": "vanguard",
   "category": "sweep",
   "provider": "Vanguard",
   "name": "Vanguard brokerage",
   "label": "Vanguard brokerage",
   "ticker": null,
   "product": "VMFXX, Vanguard Federal Money Market (settlement fund)",
   "accountType": "Self-directed brokerage",
   "ratePct": 3.88,
   "rateNote": "7-day SEC yield",
   "verifiedOn": "2026-10-30",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://investor.vanguard.com/investment-products/mutual-funds/profile/vmfxx",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/vanguard",
   "access": "Same day",
   "accessDays": 0,
   "protection": "Money market fund, not FDIC-insured",
   "conditions": "Settlement fund for brokerage accounts",
   "tax": {
    "stateExemptShare": 0.6661,
    "federallyExempt": false,
    "taxable": true,
    "isFund": true,
    "meets50": true,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/vanguard"
  },
  {
   "id": "morganstanley-advisory",
   "category": "sweep",
   "provider": "Morgan Stanley",
   "name": "Morgan Stanley advisory accounts",
   "label": "Morgan Stanley advisory accounts",
   "ticker": null,
   "product": "Bank Deposit Program, advisory",
   "accountType": "Advisory account",
   "ratePct": 3.85,
   "rateNote": "Balances from $250,000; 0.01% below",
   "verifiedOn": "2026-10-23",
   "rateAsOf": null,
   "estimated": true,
   "sourceUrl": "https://www.morganstanley.com/wealth-general/ratemonitor",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/morganstanley-advisory",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Advisory account with an advisory fee",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/morgan-stanley"
  },
  {
   "id": "robinhood-gold",
   "category": "sweep",
   "provider": "Robinhood",
   "name": "Robinhood with Gold",
   "label": "Robinhood with Gold",
   "ticker": null,
   "product": "High-Yield Cash Program",
   "accountType": "Self-directed brokerage",
   "ratePct": 3.6,
   "rateNote": "Requires Robinhood Gold ($5 a month)",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://robinhood.com/us/en/support/articles/cash-sweep-program-interest-rate/",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/robinhood-gold",
   "access": "Same day",
   "accessDays": 0,
   "protection": "Over $10,000 swept to FDIC-insured program banks; first $10,000 held as broker cash",
   "conditions": "Gold subscription, $5 a month",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 60
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/robinhood"
  },
  {
   "id": "fidelity-spaxx",
   "category": "sweep",
   "provider": "Fidelity",
   "name": "Fidelity brokerage (SPAXX core)",
   "label": "Fidelity brokerage (SPAXX core)",
   "ticker": null,
   "product": "SPAXX, Fidelity Government Money Market",
   "accountType": "Self-directed brokerage",
   "ratePct": 3.56,
   "rateNote": "7-day yield",
   "verifiedOn": "2026-11-01",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://fundresearch.fidelity.com/mutual-funds/summary/31617H102",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/fidelity-spaxx",
   "access": "Same day",
   "accessDays": 0,
   "protection": "Money market fund, not FDIC-insured",
   "conditions": "Default core position for many new accounts",
   "tax": {
    "stateExemptShare": 0.509,
    "federallyExempt": false,
    "taxable": true,
    "isFund": true,
    "meets50": true,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/fidelity"
  },
  {
   "id": "ibkr",
   "category": "sweep",
   "provider": "Interactive Brokers",
   "name": "Interactive Brokers (IBKR Pro)",
   "label": "Interactive Brokers (IBKR Pro)",
   "ticker": null,
   "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": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://www.interactivebrokers.com/en/accounts/fees/pricing-interest-rates.php",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/ibkr",
   "access": "Same day",
   "accessDays": 0,
   "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",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 10000,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/interactive-brokers"
  },
  {
   "id": "merrill-advisory",
   "category": "sweep",
   "provider": "Merrill",
   "name": "Merrill advisory accounts",
   "label": "Merrill advisory accounts",
   "ticker": null,
   "product": "Bank Deposit Program, Tier 5",
   "accountType": "Advisory account",
   "ratePct": 3.35,
   "rateNote": "Eligible investment advisory accounts",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/merrill-advisory",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured at Bank of America (limits apply)",
   "conditions": "Advisory account with an advisory fee",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/merrill"
  },
  {
   "id": "fidelity-fdic",
   "category": "sweep",
   "provider": "Fidelity",
   "name": "Fidelity IRA (FDIC sweep option)",
   "label": "Fidelity IRA (FDIC sweep option)",
   "ticker": null,
   "product": "FDIC-Insured Deposit Sweep Program",
   "accountType": "IRA",
   "ratePct": 1.96,
   "rateNote": "All balances, if chosen as the core position",
   "verifiedOn": "2026-10-22",
   "rateAsOf": null,
   "estimated": true,
   "sourceUrl": "https://digital.fidelity.com/prgw/digital/fdic-interest-rate/ira",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/fidelity-fdic",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Optional core position in IRAs",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": false,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/fidelity"
  },
  {
   "id": "edwardjones",
   "category": "sweep",
   "provider": "Edward Jones",
   "name": "Edward Jones",
   "label": "Edward Jones",
   "ticker": null,
   "product": "Insured Bank Deposit",
   "accountType": "Advisor-led brokerage",
   "ratePct": 0.13,
   "rateNote": "Under $250,000; 1.80% from $10M",
   "verifiedOn": "2026-10-21",
   "rateAsOf": null,
   "estimated": true,
   "sourceUrl": "https://www.edwardjones.com/us-en/investment-services/account-options/banking-borrowing-solutions/insured-bank-deposit",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/edwardjones",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default sweep",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/edward-jones"
  },
  {
   "id": "raymondjames",
   "category": "sweep",
   "provider": "Raymond James",
   "name": "Raymond James",
   "label": "Raymond James",
   "ticker": null,
   "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",
   "rateAsOf": null,
   "estimated": true,
   "sourceUrl": "https://www.raymondjames.com/wealth-management/why-a-raymond-james-advisor/client-resources/market-numbers/deposit-rates",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/raymondjames",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default sweep",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/raymond-james"
  },
  {
   "id": "ameriprise",
   "category": "sweep",
   "provider": "Ameriprise",
   "name": "Ameriprise",
   "label": "Ameriprise",
   "ticker": null,
   "product": "Ameriprise Insured Money Market Account",
   "accountType": "Advisor-led brokerage",
   "ratePct": 0.03,
   "rateNote": "Under $250,000; 1.01% APY from $1M",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://www.ameriprise.com/sweeprates",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/ameriprise",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default brokerage sweep",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/ameriprise"
  },
  {
   "id": "wells",
   "category": "sweep",
   "provider": "Wells Fargo",
   "name": "Wells Fargo Advisors",
   "label": "Wells Fargo Advisors",
   "ticker": null,
   "product": "Bank Deposit Sweep",
   "accountType": "Advisor-led brokerage",
   "ratePct": 0.02,
   "rateNote": "Household assets under $1M",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://www.wellsfargoadvisors.com/financial-services/account-services/cash-sweep/rates.htm",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/wells",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Advisory and retirement accounts may get higher rates",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/wells-fargo"
  },
  {
   "id": "merrill",
   "category": "sweep",
   "provider": "Merrill",
   "name": "Merrill Edge",
   "label": "Merrill Edge",
   "ticker": null,
   "product": "Merrill Lynch Bank Deposit Program",
   "accountType": "Self-directed brokerage",
   "ratePct": 0.01,
   "rateNote": "Under $1M; 0.05% from $1M",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/merrill",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured at Bank of America (limits apply)",
   "conditions": "Default for brokerage accounts",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/merrill"
  },
  {
   "id": "merrill-ira",
   "category": "sweep",
   "provider": "Merrill",
   "name": "Merrill IRA",
   "label": "Merrill IRA",
   "ticker": null,
   "product": "Retirement Asset Savings Program",
   "accountType": "IRA",
   "ratePct": 0.01,
   "rateNote": "Under $1M",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://olui2.fs.ml.com/publish/content/application/pdf/gwmol/iccratesheet.pdf",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/merrill-ira",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured at Bank of America (limits apply)",
   "conditions": "Default for IRAs",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": false,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/merrill"
  },
  {
   "id": "schwab",
   "category": "sweep",
   "provider": "Schwab",
   "name": "Charles Schwab",
   "label": "Charles Schwab",
   "ticker": null,
   "product": "Bank Sweep / Schwab One Interest",
   "accountType": "Self-directed brokerage",
   "ratePct": 0.01,
   "rateNote": "All balances",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://www.schwab.com/cash-investments",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/schwab",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default for most brokerage accounts",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/schwab"
  },
  {
   "id": "etrade",
   "category": "sweep",
   "provider": "E*TRADE",
   "name": "E*TRADE (Morgan Stanley)",
   "label": "E*TRADE (Morgan Stanley)",
   "ticker": null,
   "product": "Bank Deposit Program",
   "accountType": "Self-directed brokerage",
   "ratePct": 0.01,
   "rateNote": "Under $500k; 0.05% to $1M",
   "verifiedOn": "2026-11-02",
   "rateAsOf": null,
   "estimated": false,
   "sourceUrl": "https://us.etrade.com/l/options-uninvested-cash",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/etrade",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default for brokerage accounts",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/etrade"
  },
  {
   "id": "morganstanley",
   "category": "sweep",
   "provider": "Morgan Stanley",
   "name": "Morgan Stanley brokerage",
   "label": "Morgan Stanley brokerage",
   "ticker": null,
   "product": "Bank Deposit Program",
   "accountType": "Advisor-led brokerage",
   "ratePct": 0.01,
   "rateNote": "Under $500k",
   "verifiedOn": "2026-10-23",
   "rateAsOf": null,
   "estimated": true,
   "sourceUrl": "https://www.morganstanley.com/wealth-general/ratemonitor",
   "citeUrl": "https://www.movablecapital.com/sweep-rates/morganstanley",
   "access": "Same day",
   "accessDays": 0,
   "protection": "FDIC-insured through program banks (limits apply)",
   "conditions": "Default for brokerage accounts",
   "tax": {
    "stateExemptShare": 0,
    "federallyExempt": false,
    "taxable": true,
    "isFund": false,
    "meets50": null,
    "taxAs": "ordinary"
   },
   "limits": {
    "maxBalance": null,
    "maxBalanceNote": null,
    "firstDollarsUnpaid": 0,
    "annualFee": 0
   },
   "howToMove": "https://www.movablecapital.com/how-to-move-cash/morgan-stanley"
  }
 ]
}