Is the Merrill advisory accounts cash rate good?
It's below what Treasury bills pay, by enough to matter on a large balance.
Advisory account. Default option: Bank Deposit Program, Tier 5, paying 3.35% (Eligible investment advisory accounts), per the provider's own page, checked October 20, 2026. 3-month Treasury bills: 4.22% (U.S. Treasury, October 23, 2026). Often better: Compare after your advisory fee; Treasury funds may still keep more.
How to read this: gross figures annualize today's rate on your balance; rates change. After-tax figures are estimates from your tax settings, with the math under each one. Advantages compare against Merrill advisory accounts and aren't guaranteed savings. IRAs are compared only with other IRA options, since their interest isn't taxed each year.
| Provider and account | Rate, verified | Gross per yearat today's rate | Est. after taxyour settings | Access, conditions, protection | Est. advantagevs your current option |
|---|