Brokerage Cash Sweep Index
What Brokerages Actually Pay on Cash You Haven't Invested Yet
Across 6 major brokerages with a verifiable default cash-sweep rate, the median is 0.03% — versus SwitchWize's live tracked best high-yield savings rate of 4.2%. SwitchWize calls this gap the Brokerage Cash Sweep Index.
Last reviewed August 26, 2026 · SwitchWize Research Desk
Median default sweep rate
0.03%
6 brokerages
SwitchWize's live best savings rate
4.2%
updated continuously
Brokerages tracked
13
+ 4 currently unavailable
The plain-English version
When cash sits in a brokerage account waiting to be invested — between trades, after a deposit, or just as a deliberate cash allocation — most firms automatically “sweep” it into a program that pays a default rate, and that rate is usually far below what a dedicated high-yield savings account pays. On the numbers tracked here, that gap is about 4.17 percentage points at the median. The gap isn't hidden, exactly — it's disclosed in each firm's own rate sheet — but it isn't prominently advertised either, and most investors never check.
Every figure below is a brokerage's own published default sweep rate for a retail brokerage account at its lowest balance tier, pulled directly from that firm's current rate-disclosure page or PDF — not estimated, not a rate-shopping average. Firms where SwitchWize could not independently verify a current rate are named below, not omitted.
Headline default sweep rate, by brokerage
The lowest-balance-tier, brokerage-scope (not advisory, not a premium opt-in) default bank-sweep rate at each firm. “Included in median” firms make up the 0.03% index figure above; excluded firms are shown for transparency with their exclusion reason in the full breakdown below.
| Brokerage | Headline rate | Tier | Median status |
|---|---|---|---|
| Robinhood | 3.35% | n/a (flat base rate, Gold members) | Excluded from median |
| Fidelity | 1.84% | $0.00 - $99,999.99 | Included in median |
| Pershing (BNY) | 0.75% | flat rate (no balance tiers) | Excluded from median |
| Edward Jones | 0.10% | Tier 1: Less than $250,000 | Included in median |
| UBS | 0.03% | Less than $250,000 | Included in median |
| Ameriprise Financial | 0.03% | $0 - $4,999.99 | Included in median |
| Wells Fargo Advisors | 0.02% | $0 - $999,999 | Excluded from median |
| RBC Wealth Management | 0.01% | $0 – $99,999 (household assets under $10 million) | Included in median |
| Merrill (Bank of America) | 0.01% | Tier 1 (Less than $250,000) | Included in median |
| Stifel | 0.01% | Tier 1: $0 to $99,999 | Excluded from median |
Full per-firm, per-tier breakdown
Brokerages with more than one account scope (advisory vs. brokerage) or more than one cash program (bank sweep vs. money-market-fund sweep vs. a premium opt-in) show every disclosed row, not just the headline figure.
Interactive Brokers
Excluded from the median index: no disclosed brokerage-scope bank_sweep program in this firm's dataset
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| IBKR Pro Interest Paid on Instantly Available Cash Balances (USD) | free_credit_balance | brokerage | USD 0 ≤ 10,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (USD) | free_credit_balance | brokerage | USD 0 ≤ 10,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (USD) | free_credit_balance | brokerage | USD > 10,000 | 3.1300% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (USD) | free_credit_balance | brokerage | USD > 10,000 | 2.1300% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (AED) | free_credit_balance | brokerage | AED 0 ≤ 35,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (AED) | free_credit_balance | brokerage | AED 0 ≤ 35,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (AED) | free_credit_balance | brokerage | AED > 35,000 | 2.7990% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (AED) | free_credit_balance | brokerage | AED > 35,000 | 1.7990% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD 0 ≤ 15,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD 0 ≤ 15,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD 15,000 ≤ 150,000 | 3.6600% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD 15,000 ≤ 150,000 | 2.6600% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD > 150,000 | 3.9100% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (AUD) | free_credit_balance | brokerage | AUD > 150,000 | 2.6600% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CAD) | free_credit_balance | brokerage | CAD 0 ≤ 13,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CAD) | free_credit_balance | brokerage | CAD 0 ≤ 13,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CAD) | free_credit_balance | brokerage | CAD > 13,000 | 1.5960% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CAD) | free_credit_balance | brokerage | CAD > 13,000 | 0.5960% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CHF) | free_credit_balance | brokerage | CHF 0 ≤ 100,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CHF) | free_credit_balance | brokerage | CHF 0 ≤ 100,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CHF) | free_credit_balance | brokerage | CHF > 100,000 | -0.4880% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CHF) | free_credit_balance | brokerage | CHF > 100,000 | -1.4880% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CNH) | free_credit_balance | brokerage | CNH 0 ≤ 70,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CNH) | free_credit_balance | brokerage | CNH 0 ≤ 70,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CNH) | free_credit_balance | brokerage | CNH > 70,000 | 0.5000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CNH) | free_credit_balance | brokerage | CNH > 70,000 | 0.5000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CZK) | free_credit_balance | brokerage | CZK 0 ≤ 250,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CZK) | free_credit_balance | brokerage | CZK 0 ≤ 250,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (CZK) | free_credit_balance | brokerage | CZK > 250,000 | 1.5090% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (CZK) | free_credit_balance | brokerage | CZK > 250,000 | 0.5090% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (DKK) | free_credit_balance | brokerage | DKK 0 ≤ 75,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (DKK) | free_credit_balance | brokerage | DKK 0 ≤ 75,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (DKK) | free_credit_balance | brokerage | DKK > 75,000 | 1.2500% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (DKK) | free_credit_balance | brokerage | DKK > 75,000 | 0.2500% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (EUR) | free_credit_balance | brokerage | EUR 0 ≤ 10,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (EUR) | free_credit_balance | brokerage | EUR 0 ≤ 10,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (EUR) | free_credit_balance | brokerage | EUR > 10,000 | 1.6650% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (EUR) | free_credit_balance | brokerage | EUR > 10,000 | 0.6650% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (GBP) | free_credit_balance | brokerage | GBP 0 ≤ 8,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (GBP) | free_credit_balance | brokerage | GBP 0 ≤ 8,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (GBP) | free_credit_balance | brokerage | GBP > 8,000 | 3.2040% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (GBP) | free_credit_balance | brokerage | GBP > 8,000 | 2.2040% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (HKD) | free_credit_balance | brokerage | HKD 0 ≤ 78,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (HKD) | free_credit_balance | brokerage | HKD 0 ≤ 78,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (HKD) | free_credit_balance | brokerage | HKD > 78,000 | 1.8450% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (HKD) | free_credit_balance | brokerage | HKD > 78,000 | 0.8450% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (HUF) | free_credit_balance | brokerage | HUF 0 ≤ 3,500,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (HUF) | free_credit_balance | brokerage | HUF 0 ≤ 3,500,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (HUF) | free_credit_balance | brokerage | HUF > 3,500,000 | 2.5650% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (HUF) | free_credit_balance | brokerage | HUF > 3,500,000 | 1.5650% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (ILS) | free_credit_balance | brokerage | ILS All | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (ILS) | free_credit_balance | brokerage | ILS All | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (INR) | free_credit_balance | brokerage | INR All | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (INR) | free_credit_balance | brokerage | INR All | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (JPY) | free_credit_balance | brokerage | JPY 0 ≤ 5,000,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (JPY) | free_credit_balance | brokerage | JPY 0 ≤ 5,000,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (JPY) | free_credit_balance | brokerage | JPY > 5,000,000 | 0.5970% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (JPY) | free_credit_balance | brokerage | JPY > 5,000,000 | -0.4030% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (KRW) | free_credit_balance | brokerage | KRW 0 ≤ 12,000,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (KRW) | free_credit_balance | brokerage | KRW 0 ≤ 12,000,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (KRW) | free_credit_balance | brokerage | KRW > 12,000,000 | 2.5110% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (KRW) | free_credit_balance | brokerage | KRW > 12,000,000 | 1.5110% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (MXN) | free_credit_balance | brokerage | MXN 0 ≤ 200,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (MXN) | free_credit_balance | brokerage | MXN 0 ≤ 200,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (MXN) | free_credit_balance | brokerage | MXN > 200,000 | 2.5050% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (MXN) | free_credit_balance | brokerage | MXN > 200,000 | 1.5050% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (NOK) | free_credit_balance | brokerage | NOK 0 ≤ 100,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (NOK) | free_credit_balance | brokerage | NOK 0 ≤ 100,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (NOK) | free_credit_balance | brokerage | NOK > 100,000 | 2.0600% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (NOK) | free_credit_balance | brokerage | NOK > 100,000 | 1.0600% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (NZD) | free_credit_balance | brokerage | NZD 0 ≤ 15,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (NZD) | free_credit_balance | brokerage | NZD 0 ≤ 15,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (NZD) | free_credit_balance | brokerage | NZD > 15,000 | 0.1540% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (NZD) | free_credit_balance | brokerage | NZD > 15,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (PLN) | free_credit_balance | brokerage | PLN 0 ≤ 400,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (PLN) | free_credit_balance | brokerage | PLN 0 ≤ 400,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (PLN) | free_credit_balance | brokerage | PLN > 400,000 | 1.6750% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (PLN) | free_credit_balance | brokerage | PLN > 400,000 | 0.6750% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (RON) | free_credit_balance | brokerage | RON 0 ≤ 50,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (RON) | free_credit_balance | brokerage | RON 0 ≤ 50,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (RON) | free_credit_balance | brokerage | RON > 50,000 | 2.9920% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (RON) | free_credit_balance | brokerage | RON > 50,000 | 1.9920% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (RUB) | free_credit_balance | brokerage | RUB All | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (RUB) | free_credit_balance | brokerage | RUB All | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SAR) | free_credit_balance | brokerage | SAR 0 ≤ 35,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SAR) | free_credit_balance | brokerage | SAR 0 ≤ 35,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SAR) | free_credit_balance | brokerage | SAR > 35,000 | 2.9760% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SAR) | free_credit_balance | brokerage | SAR > 35,000 | 1.9760% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SEK) | free_credit_balance | brokerage | SEK 0 ≤ 110,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SEK) | free_credit_balance | brokerage | SEK 0 ≤ 110,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SEK) | free_credit_balance | brokerage | SEK > 110,000 | 1.1750% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SEK) | free_credit_balance | brokerage | SEK > 110,000 | 0.1750% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SGD) | free_credit_balance | brokerage | SGD 0 ≤ 14,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SGD) | free_credit_balance | brokerage | SGD 0 ≤ 14,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (SGD) | free_credit_balance | brokerage | SGD > 14,000 | 0.3870% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (SGD) | free_credit_balance | brokerage | SGD > 14,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (TRY) | free_credit_balance | brokerage | TRY 0 ≤ 250,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (TRY) | free_credit_balance | brokerage | TRY 0 ≤ 250,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (TRY) | free_credit_balance | brokerage | TRY > 250,000 | 5.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (TRY) | free_credit_balance | brokerage | TRY > 250,000 | 4.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (ZAR) | free_credit_balance | brokerage | ZAR 0 ≤ 150,000 | 0.0000% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (ZAR) | free_credit_balance | brokerage | ZAR 0 ≤ 150,000 | 0.0000% | 2026-08-24 |
| IBKR Pro Interest Paid on Instantly Available Cash Balances (ZAR) | free_credit_balance | brokerage | ZAR > 150,000 | 5.5630% | 2026-08-24 |
| IBKR Lite Interest Paid on Instantly Available Cash Balances (ZAR) | free_credit_balance | brokerage | ZAR > 150,000 | 4.5630% | 2026-08-24 |
RBC Wealth Management
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| RBC Insured Deposits | bank_sweep | advisory | $5 million and above (household assets under $10 million) | 2.3800% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $5 million and above (household assets over $10 million) | 3.0000% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $2 million – $4.99 million (household assets under $10 million) | 1.6100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $2 million – $4.99 million (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $1 million – $1.99 million (household assets under $10 million) | 0.6500% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $1 million – $1.99 million (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $500,000 – $999,999 (household assets under $10 million) | 0.1500% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $500,000 – $999,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $250,000 – $499,999 (household assets under $10 million) | 0.1500% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $250,000 – $499,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $100,000 – $249,999 (household assets under $10 million) | 0.1500% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $100,000 – $249,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $0 – $99,999 (household assets under $10 million) | 0.0100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | advisory | $0 – $99,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $5 million and above (household assets under $10 million) | 2.3200% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $5 million and above (household assets over $10 million) | 3.0000% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $2 million – $4.99 million (household assets under $10 million) | 1.1000% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $2 million – $4.99 million (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $1 million – $1.99 million (household assets under $10 million) | 0.2000% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $1 million – $1.99 million (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $500,000 – $999,999 (household assets under $10 million) | 0.0100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $500,000 – $999,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $250,000 – $499,999 (household assets under $10 million) | 0.0100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $250,000 – $499,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $100,000 – $249,999 (household assets under $10 million) | 0.0100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $100,000 – $249,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $0 – $99,999 (household assets under $10 million) | 0.0100% | 2026-05-26 |
| RBC Insured Deposits | bank_sweep | brokerage | $0 – $99,999 (household assets over $10 million) | 2.4300% | 2026-05-26 |
Merrill (Bank of America)
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Merrill Lynch Bank Deposit Program | bank_sweep | brokerage | Tier 1 (Less than $250,000) | 0.0100% | 2026-08-24 |
| Merrill Lynch Bank Deposit Program | bank_sweep | brokerage | Tier 2 ($250,000 - $999,999) | 0.0100% | 2026-08-24 |
| Merrill Lynch Bank Deposit Program | bank_sweep | brokerage | Tier 3 ($1,000,000 - $9,999,999) | 0.0500% | 2026-08-24 |
| Merrill Lynch Bank Deposit Program | bank_sweep | brokerage | Tier 4 ($10,000,000 and above) | 0.1500% | 2026-08-24 |
| Merrill Lynch Bank Deposit Program [footnote 1] | bank_sweep | brokerage | Tier 5 | 3.1500% | 2026-08-24 |
| Retirement Asset Savings Program | bank_sweep | brokerage | Tier 1 (Less than $250,000) | 0.0100% | 2026-08-24 |
| Retirement Asset Savings Program | bank_sweep | brokerage | Tier 2 ($250,000 - $999,999) | 0.0100% | 2026-08-24 |
| Retirement Asset Savings Program | bank_sweep | brokerage | Tier 3 ($1,000,000 - $9,999,999) | 0.0500% | 2026-08-24 |
| Retirement Asset Savings Program | bank_sweep | brokerage | Tier 4 ($10,000,000 and above) | 0.1500% | 2026-08-24 |
| Retirement Asset Savings Program [footnote 1,2] | bank_sweep | brokerage | Tier 5 | 3.1500% | 2026-08-24 |
| Merrill Lynch Direct Deposit Program | bank_sweep | brokerage | n/a | 0.0100% | 2026-08-24 |
| Merrill Lynch Direct Deposit Program [footnote 2] | bank_sweep | brokerage | Tier 6 | 3.1500% | 2026-08-24 |
| Insured Savings Account (ISA®) Program [footnote 3] | bank_sweep | brokerage | n/a | 1.8000% | 2026-08-24 |
| BlackRock Liquidity Funds: FedFund --- Cash Reserve Class (BFRXX) -- Merrill Sweep Program | money_fund_sweep | brokerage | flat rate (RCMA/TMA eligible accounts only) | 3.1600% | 2026-08-24 |
| BlackRock Liquidity Funds: Treasury Trust --- Cash Reserve Class (BTFXX) -- Merrill Sweep Program | money_fund_sweep | brokerage | flat rate (RCMA/TMA eligible accounts only) | 3.1900% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | Less than $100,000 | 2.8900% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $100,000 - $999,999 | 2.8900% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $1,000,000 - $2,499,999 | 2.8900% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $2,500,000 - $4,999,999 | 3.2500% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $5,000,000 - $9,999,999 | 3.3500% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $10,000,000 - $24,999,999 | 3.6100% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $25,000,000 - $49,999,999 | 3.6100% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $50,000,000 - $99,999,999 | 3.6100% | 2026-08-24 |
| Merrill Preferred Deposit ($100,000 minimum initial deposit) | non_sweep_premium | brokerage | $100,000,000 and above | 3.6700% | 2026-08-24 |
UBS
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | $10,000,000 and above | 0.2000% | 2026-08-25 |
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | $4,000,000 - $9,999,999 | 0.1000% | 2026-08-25 |
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | $2,000,000 - $3,999,999 | 0.1000% | 2026-08-25 |
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | $500,000 - $1,999,999 | 0.1000% | 2026-08-25 |
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | $250,000 - $499,999 | 0.0300% | 2026-08-25 |
| UBS Deposit Sweep Program (Brokerage) | bank_sweep | brokerage | Less than $250,000 | 0.0300% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | $10,000,000 and above | 1.7500% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | $4,000,000 - $9,999,999 | 1.2000% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | $2,000,000 - $3,999,999 | 0.9000% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | $500,000 - $1,999,999 | 0.3500% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | $250,000 - $499,999 | 0.1000% | 2026-08-25 |
| UBS Deposit Sweep Program (Advisory) | bank_sweep | advisory | Less than $250,000 | 0.1000% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | $10,000,000 and above | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | $4,000,000 - $9,999,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | $2,000,000 - $3,999,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | $500,000 - $1,999,999 | 3.5000% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | $250,000 - $499,999 | 3.1500% | 2026-08-25 |
| UBS Cash Reserve (Standard) | non_sweep_premium | brokerage | Less than $250,000 | 3.1500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | $10,000,000 and above | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | $4,000,000 - $9,999,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | $2,000,000 - $3,999,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | $500,000 - $1,999,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | $250,000 - $499,999 | 3.6500% | 2026-08-25 |
| UBS Cash Reserve (Promotional) | non_sweep_premium | brokerage | Less than $250,000 | 3.6500% | 2026-08-25 |
| UBS Money Market Fund Sweep Programs - UBS RMA Government Money Market Fund | money_fund_sweep | brokerage | n/a | 3.0500% | 2026-08-25 |
| UBS Money Market Fund Sweep Programs - UBS Liquid Assets Government Fund 1 | money_fund_sweep | brokerage | n/a | 3.6800% | 2026-08-25 |
Wells Fargo Advisors
Excluded from the median index: no genuine published effective_date available (site's 'as of' date is a client-side today-minus-1 placeholder, not real content metadata)
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Bank Deposit Sweep Program | bank_sweep | brokerage | $0 - $999,999 | 0.0200% | undated |
| Bank Deposit Sweep Program | bank_sweep | brokerage | $1,000,000 - $4,999,999 | 0.0500% | undated |
| Bank Deposit Sweep Program | bank_sweep | brokerage | $5,000,000 - $9,999,999 | 0.1000% | undated |
| Bank Deposit Sweep Program | bank_sweep | brokerage | $10,000,000 - $19,999,999 | 0.1500% | undated |
| Bank Deposit Sweep Program | bank_sweep | brokerage | $20,000,000 and up | 0.2000% | undated |
| Money Market Fund Sweep - Allspring Government Money Market Fund - Sweep Class | money_fund_sweep | brokerage | n/a | 3.2200% | undated |
| Money Market Fund Sweep - Goldman Sachs Financial Square Government Fund | money_fund_sweep | brokerage | n/a | 3.5700% | undated |
Ameriprise Financial
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $0 - $4,999.99 | 0.0300% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $5,000 - $24,999.99 | 0.0300% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $25,000 - $49,999.99 | 0.0300% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $50,000 - $99,999.99 | 0.0300% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $100,000 - $249,999.99 | 0.0300% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $250,000 - $499,999.99 | 0.0800% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $500,000 - $999,999.99 | 0.1000% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $1,000,000 - 4,999,999.99 | 1.0100% | 2026-08-24 |
| AIMMA (Ameriprise Insured Money Market Account) | bank_sweep | brokerage | $5,000,000 + | 1.5000% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $0 - $4,999.99 | 0.0300% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $5,000 - $24,999.99 | 0.0300% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $25,000 - $49,999.99 | 0.0300% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $50,000 - $99,999.99 | 0.0300% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $100,000 - $249,999.99 | 0.0300% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $250,000 - $499,999.99 | 0.0800% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $500,000 - $999,999.99 | 0.1000% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $1,000,000 - 4,999,999.99 | 1.0100% | 2026-08-24 |
| ABISA (Ameriprise Bank Insured Sweep Account) | bank_sweep | brokerage | $5,000,000 + | 1.5000% | 2026-08-24 |
| Money Fund Sweep: BNY Dreyfus Government Cash Management - Wealth Shares | money_fund_sweep | brokerage | all balances | 3.3000% | undated |
| Money Fund Sweep: BNY Dreyfus Government Cash Management - Institutional Shares | money_fund_sweep | brokerage | all balances | 3.5500% | undated |
| Ameriprise Cash | free_credit_balance | brokerage | All Balances | 0.0300% | 2026-08-24 |
Edward Jones
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Insured Bank Deposit | bank_sweep | brokerage | Tier 1: Less than $250,000 | 0.1000% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 2: $250,000–$499,999.99 | 0.3500% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 3: $500,000–$999,999.99 | 0.5500% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 4: $1,000,000–$2,499,999.99 | 1.0000% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 5: $2,500,000–$4,999,999.99 | 1.2000% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 6: $5,000,000–$9,999,999.99 | 1.3500% | 2026-05-21 |
| Insured Bank Deposit | bank_sweep | brokerage | Tier 7: $10,000,000 and above | 1.6500% | 2026-05-21 |
| Interest on Uninvested Cash Balances (Retirement) | free_credit_balance | brokerage | all balances | 0.1500% | undated |
| Interest on Uninvested Cash Balances (Non-Retirement) | free_credit_balance | brokerage | all balances | 0.1500% | undated |
| Edward Jones Money Market Fund (Investment Shares) | money_fund_sweep | brokerage | all balances | 3.0100% | undated |
| Edward Jones Money Market Fund (Retirement Shares) | money_fund_sweep | brokerage | all balances | 3.0100% | undated |
Stifel
Excluded from the median index: headline rate's published effective_date is 257 days old as of index generation (SwitchWize staleness threshold: 120 days)
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 1: $0 to $99,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 2: $100,000 to $249,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 3: $250,000 to $499,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 4: $500,000 to $999,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 5: $1,000,000 to $1,999,999 | 0.2000% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Tier 6: $2,000,000 and greater | 0.3000% | 2025-12-12 |
| Stifel Insured Bank Deposit Program | bank_sweep | brokerage | Enhanced Advisory Yield (EAY): amounts in excess of the account's 2% Maintenance Cash Percentage | 0.3000% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 1: $0 to $99,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 2: $100,000 to $249,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 3: $250,000 to $499,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 4: $500,000 to $999,999 | 0.0100% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 5: $1,000,000 to $1,999,999 | 0.2000% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Tier 6: $2,000,000 and greater | 0.3000% | 2025-12-12 |
| Stifel Insured Bank Deposit Program (Retirement Accounts) | bank_sweep | brokerage | Enhanced Advisory Yield (EAY): amounts in excess of the account's 2% Maintenance Cash Percentage | 0.3000% | 2025-12-12 |
Pershing (BNY)
Excluded from the median index: flagged needs_review by the source extractor
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Liquid Insured Deposits I (TBSFDIC) | bank_sweep | brokerage | flat rate (no balance tiers) | 0.7500% | 2026-08-21 |
| Dreyfus Insured Deposits I (DIDFDIC) | bank_sweep | brokerage | flat rate (no balance tiers) | 0.7500% | 2026-08-21 |
| Intersync Insured Deposits I (IFFDIC) | bank_sweep | brokerage | flat rate (no balance tiers) | 0.7500% | 2026-08-21 |
| BNY DREYFUS GOV CSH MNGT SRV S (DGUXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7500% | 2026-08-21 |
| BNY DREYFUS GOV CSH MNGT WLTH (DGQXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3000% | 2026-08-21 |
| BNY DREYFUS GOV CSH MGT ADMN S (DAGXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4500% | 2026-08-21 |
| BNY DREYFUS GOV CSH MNGT INV S (DGVXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3000% | 2026-08-21 |
| BNY DREYFUS GOV SEC CSH MT ADM (DAPXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4300% | 2026-08-21 |
| BNY DREYFUS GOV SEC CSH MT INV (DVPXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.2800% | 2026-08-21 |
| BNY DREYFUS TRES OBLIG CM ADMN (DTAXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4400% | 2026-08-21 |
| BNY DREYFUS TRES OBL CM INVSTR (DTVXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.2900% | 2026-08-21 |
| BNY DREYFUS TRES OBLIG CM SRVC (DTNXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7400% | 2026-08-21 |
| BNY DREYFUS TRES OBLIG CM WLTH (DTKXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.2900% | 2026-08-21 |
| BNY DREYFUS TRES SEC CSH ADM S (DARXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4900% | 2026-08-21 |
| BNY DREYFUS TRES CSH MGMNT INV (DVRXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3400% | 2026-08-21 |
| BNY DREYFUS TREAS SEC CM SRVCE (DTHXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7900% | 2026-08-21 |
| BNY DREYFUS TREAS CM WEALTH SH (DTJXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3300% | 2026-08-21 |
| BNY DREYFUS MNY MKT FUND SRVCE (GMBXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.8500% | 2026-08-21 |
| PERSHING GOVT CASH MANAGEMENT (DGUXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7500% | 2026-08-21 |
| PERSHING PRIME MONEY MARKET (GMBXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.8500% | 2026-08-21 |
| PERSHING TREASURY SECURITIES (DTHXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7900% | 2026-08-21 |
| BLACKROCK LIQ FEDFUND ADMIN (BLFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4500% | 2026-08-21 |
| BLACKROCK LIQ FEDFUND DOLLAR (TDDXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3000% | 2026-08-21 |
| BLACKROCK LIQ FEDFUND SELECT (BFBXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7200% | 2026-08-21 |
| BLACKROCK LIQ FED TRUST ADMIN (BFTXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4300% | 2026-08-21 |
| BLACKROCK LIQ FED TRUST DOLLAR (TSDXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.2800% | 2026-08-21 |
| BLACKROCK LIQ T-FUND ADMIN (BTAXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4600% | 2026-08-21 |
| BLACKROCK LIQ T-FUND DOLLAR (TFEXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3100% | 2026-08-21 |
| BLACKROCK LIQ T-FUND SELECT (BSLXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7300% | 2026-08-21 |
| BLACKROCK LIQ TREAS TRST ADMIN (BITXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.5000% | 2026-08-21 |
| BLACKROCK LIQ TREAS TRST DOLLR (TTDXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3500% | 2026-08-21 |
| BLACKROCK LIQ TREAS TRST SELCT (TSLXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7700% | 2026-08-21 |
| FEDERATED HERMES CA MUNI CAP (CCCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.1100% | 2026-08-21 |
| FEDERATED HERMES CA MUNI CS (CCSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 1.4600% | 2026-08-21 |
| FEDERATED HERMES CAP RESERVES (FRFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.8600% | 2026-08-21 |
| FEDERATED HERMES GOVT RESERVES (GRFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.6900% | 2026-08-21 |
| FEDERATED HERMES MUNI OBLIG CS (MFSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 1.6700% | 2026-08-21 |
| FEDERATED HERMES NY MUNI CS (FNCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 1.5600% | 2026-08-21 |
| FEDERATED HERMES GOVT OBL CAP (GOCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4100% | 2026-08-21 |
| FEDERATED HERMES GOVT OBLIG SS (GOSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3000% | 2026-08-21 |
| FEDERATED HERMES GOV TAX MG SS (GTSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.2800% | 2026-08-21 |
| FEDERATED HERMES MUNI OBL CAP (MFCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.3800% | 2026-08-21 |
| FEDERATED HERMES MUNI OBLIG SS (MOSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.2300% | 2026-08-21 |
| FEDERATED HERMES NY MUNI WS (NISXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.2600% | 2026-08-21 |
| FEDERATED HERMES PRIME CSH CAP (PCCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.5700% | 2026-08-21 |
| FEDERATED HERMES PRIME CASH SS (PRCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4200% | 2026-08-21 |
| PERSHING GOVERNMENT ACCOUNT (GRFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.6900% | 2026-08-21 |
| PERSHING PRIME RESERVES (FRFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.8600% | 2026-08-21 |
| FEDERATED HERMES TAX-FREE SS (TBSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.1100% | 2026-08-21 |
| FEDERATED HERMES TREAS OBL CAP (TOCXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4200% | 2026-08-21 |
| FEDERATED HERMES TREASRY OB SS (TOSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3000% | 2026-08-21 |
| FEDERATED HERMES TR US TRSY CS (TCSXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.6700% | 2026-08-21 |
| FEDERATED HERMES US TREASRY SS (TISXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3400% | 2026-08-21 |
| INVESCO ST GOVT & AGENCY RSRCE (825252869) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.5100% | 2026-08-21 |
| INVESCO ST GOVT & AGENCY RSRV (AGVXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.8000% | 2026-08-21 |
| INVESCO ST GOVT & AGENCY PRVT (GPVXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3700% | 2026-08-21 |
| INVESCO ST TREAS OBLIG RESOURC (825252810) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4500% | 2026-08-21 |
| INVESCO ST TREAS OBLIG RESERVE (825252786) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7400% | 2026-08-21 |
| INVESCO ST TREASURY RESOURCE (825252703) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.4800% | 2026-08-21 |
| INVESCO ST TREASURY RESERVE (825252836) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 2.7700% | 2026-08-21 |
| INVESCO ST TREASURY PRIVATE (TPFXX) | money_fund_sweep | brokerage | flat rate (no balance tiers) | 3.3400% | 2026-08-21 |
Vanguard
Excluded from the median index: no disclosed brokerage-scope bank_sweep program in this firm's dataset
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Vanguard Federal Money Market Fund (VMFXX) -- default brokerage settlement fund | money_fund_sweep | brokerage | n/a (single share class, no tiers) | 3.6200% | 2026-08-24 |
| Vanguard Federal Money Market Fund (VMFXX) -- default brokerage settlement fund | money_fund_sweep | brokerage | n/a (single share class, no tiers) | 3.6800% | 2026-08-24 |
Goldman Sachs (Custody Solutions)
Excluded from the median index: no disclosed brokerage-scope bank_sweep program in this firm's dataset
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $0–$24,999 | 0.3600% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $25,000–$74,999 | 0.3700% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $75,000–$99,999 | 0.3700% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $100,000–$249,999 | 0.3800% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $250,000–$499,999 | 0.3800% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $500,000–$1,999,999 | 0.3900% | 2026-08-04 |
| Goldman Sachs Custody Solutions Cash Sweep Program (Folio Institutional) | bank_sweep | advisory | $2,000,000+ | 0.9000% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $0-$24,999 | 0.0000% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $25,000-$49,999 | 0.7200% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $50,000-$99,999 | 1.2700% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $100,000-$249,999 | 1.8100% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $250,000-$499,999 | 2.3700% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $500,000-$999,999 | 2.7300% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH PLUS (Folio Institutional) | bank_sweep | advisory | $1,000,000+ | 2.7300% | 2026-08-04 |
| Goldman Sachs Custody Solutions DP CASH (Folio Institutional) | bank_sweep | advisory | flat rate (no minimum) | 0.3600% | 2026-08-04 |
Robinhood
Excluded from the median index: headline rate's published effective_date is 196 days old as of index generation (SwitchWize staleness threshold: 120 days)
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| High-Yield Cash Program (base rate; requires active Robinhood Gold subscription) | bank_sweep | brokerage | n/a (flat base rate, Gold members) | 3.3500% | 2026-02-11 |
Fidelity
| Program | Type | Account scope | Tier | Rate | Effective date |
|---|---|---|---|---|---|
| Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | bank_sweep | brokerage | $0.00 - $99,999.99 | 1.8400% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | bank_sweep | brokerage | $100,000.00 - AND ABOVE | 1.8400% | 2026-08-25 |
| Fidelity® Treasury Money Market Fund (FZFXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3400% | 2026-08-25 |
| Fidelity® Government Cash Reserves (FDRXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.4000% | 2026-08-25 |
| Fidelity® Government Money Market Fund Class S (FZSXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3300% | 2026-08-25 |
| Fidelity® Government Money Market Fund (SPAXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (FCMA -- Cash Management Account) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3300% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (IRA) | bank_sweep | brokerage | $0.00 - $99,999.99 | 1.8400% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (IRA) | bank_sweep | brokerage | $100,000.00 - AND ABOVE | 1.8400% | 2026-08-25 |
| Fidelity® Government Cash Reserves (FDRXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (IRA) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.4000% | 2026-08-25 |
| Fidelity® Government Money Market Fund Class S (FZSXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (IRA) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3300% | 2026-08-25 |
| Fidelity® Government Money Market Fund (SPAXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (IRA) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3300% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (HSA) | bank_sweep | brokerage | $0.00 - $4,999.99 | 1.8400% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (HSA) | bank_sweep | brokerage | $5,000.00 - AND ABOVE | 1.8400% | 2026-08-25 |
| Fidelity® Government Cash Reserves (FDRXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (HSA) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.4000% | 2026-08-25 |
| Fidelity® Government Money Market Fund Class S (FZSXX) -- Money Market Mutual Fund Overflow, Fidelity FDIC-Insured Deposit Sweep Program (HSA) | money_fund_sweep | brokerage | flat rate (overflow when FDIC program-bank capacity is exceeded) | 3.3300% | 2026-08-25 |
| Fidelity FDIC-Insured Deposit Sweep Program (FCMA, with direct deposit -- promo rate) | bank_sweep | brokerage | with direct deposit (CMS-authored promo copy, not a dated tier row) | 3.9300% | undated |
Tracked, currently unavailable
These brokerages are on SwitchWize's tracking list but do not yet have an independently verified live rate — named here rather than silently left off the page.
- Morgan Stanley — Data source (the multisweep XML endpoint) was identified and its schema fully reverse-engineered via Wayback-archived snapshots, but live access is blocked by Akamai bot-defense (confirmed from two independent networks on 2026-08-25) -- not attempted to route around, per this project's hard constraints.
- Charles Schwab — schwab.com and every related subdomain return a host-wide WAF block, identical regardless of client. Wayback shows the page was open through 2026-03-05 and WAF-blocked from 2026-04-17 onward, including to archive.org's own crawler.
- Raymond James — Site-wide Akamai WAF returns 403 on every path, including robots.txt.
- LPL Financial — Site-wide Cloudflare managed challenge blocks automated access. A robots.txt-disallowed third-party PDF mirror was found and deliberately not used.
Methodology
For each tracked brokerage, the headline rate is that firm's lowest-balance-tier, brokerage-scope (not advisory, not a premium opt-in), bank-sweep-program rate -- the rate a typical retail client with a small uninvested cash balance actually earns by default. The index value is the median of those headline rates across firms where a qualifying, non-stale, non-flagged rate exists. Full per-tier, per-segment data for every firm (including advisory tiers, money-market-fund sweep alternatives, and premium opt-in programs) is published alongside the headline figures, not just the index number.
Firms are excluded from the median (not from the page) for one of three reasons: (1) the firm's primary cash vehicle is not a disclosed brokerage bank-sweep program at all -- e.g. Interactive Brokers pays interest directly rather than sweeping to a bank, Vanguard's default is a money market fund, Goldman Sachs Custody Solutions is advisory-only; (2) the source extractor itself flagged the rate needs_review (e.g. Pershing/BNY's rate basis, APY vs. simple interest, is undisclosed on the source page); or (3) the published effective_date is 120+ days old (Robinhood). None of these are data-quality failures on SwitchWize's part -- each is documented per-firm in unavailable_firms or the firm's own exclusion_reason.
SwitchWize's own high-yield savings comparison figure above is not part of this static dataset — it's read live from SwitchWize's own rate-tracking system each time this page is built, since deposit rates move faster than brokerage sweep rates do.
Sources
- RBC Wealth Management
- Merrill (Bank of America)
- UBS
- Wells Fargo Advisors
- Ameriprise Financial
- Edward Jones
- Stifel
- Pershing (BNY)
- Robinhood
- Fidelity
How to cite this
SwitchWize. "Brokerage Cash Sweep Index." Retrieved from https://www.switchwize.com/research/brokerage-sweep-index.
View the raw dataset (JSON) →Educational information, not personalized financial advice. Rates are illustrative of current market conditions and should be confirmed with the provider.