Finvest cash management account

We offer a high-yield cash management account that gives you 4.44% yield. You can deposit and withdraw money anytime.

Any uninvested cash (i.e. any cash you store with Finvest that is not invested in Treasury Bills) is swept into Dreyfus Government Cash Management fund, which is administered by Pershing, a subsidiary of The Bank of New York Mellon. This money market fund is AAA-Rated (see prospectus here), has daily liquidity and is designed for preservation of capital and maintenance of liquidity. The fund must hold at least 99.5% of its money in cash or securities backed with the full faith and credit of the U.S. Government. 

Unlike other investment apps, we want to make sure any univested cash on the Finvest app also makes interest. We don’t charge any fees for our high-yield cash management product.