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Top Cash Management Accounts

Cash management accounts are cash accounts offered by institutions that are not banks or credit unions. Typically cash management accounts are offered by brokers. Cash management accounts act very much like a savings or checking. There is very little difference between cash management accounts and savings accounts. Cash management accounts are great for people who are investing and want to do more with their broker. Here are the top cash management accounts.

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High-Yield Savings Checking Accounts CDs Money Market

Broker

What We Love

Best For

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Robinhood

Robinhood is quickly evolving. They have ended their cash management account and replaced it with Robinhood Cash Card

24/7 phone support

Access to 90,000 fee-free ATMs

Mastercard® Zero Liability Protection

Up to $250,000 of FDIC insurance

Ability to send checks

Get A Free Stock

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Fidelity

We love the ability to connect and use their debit card which includes ATM reimbursements. We also love their 2% back credit card. Trade from mobile/desktop/browser.

Secure Debit

Checks

ATM Fee Reimbursement

Great App

2.21% APY

None

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Betterment

Betterment is one of the easiest ways to get started investing. We love their automated investing and high APY Savings. This is the perfect app for the passive investor.

4.00% APY

Checking

Up to $1 Million FDIC Insurance

None

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Interactive Brokers

Great for international trading and diversification. Has a large array of features compared to competitors.

Earn interest of up to USD 4.08% on un-invested cash.

Debit Mastercard

Bill Pay

Multiple Currencies

None

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TD Ameritrade

We love that they are a versatile investing platform for all types of investors. They have multiple investing platforms and allow web investing. They also include plenty of research tools.

Great Platform

None

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