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Exclusive
Cash sweep accounts
STATISTIC:
The average annual yield paid on amounts up to $100,000
is 0.56 percent in these cash accounts.
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Cash sweep results
Firstrade
By
Bankrate.com
Study results
Select:
A.G. Edwards
Banc of America
Charles Schwab
Edward Jones
E*Trade
Fidelity
Firstrade
Merrill Lynch
Morgan Stanley
Muriel Siebert
OptionsXpress
Scottrade
Sharebuilder
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TD Ameritrade
TradeKing
UBS
Vanguard
Wachovia
WellsTrade
Broker:
Firstrade
Web site:
www.firstrade.com
Sweep accounts
Money market fund
Default sweep account
Cash in account
Rate
Yield
Ticker symbol
Expense ratio
Cash account
$0 - $10,000
0.10%
0.10%
$10,000 - $24,999
0.25%
0.25%
$25,000 +
0.50%
0.50%
Comment:
None
Date: March 31, 2008
Money market fund
Cash Account Trust Money Market Fund
Can $ be swept into a MMF automatically? (Yes/No)
Yes
Minimum to invest
$1
Additional deposits
No minimum
7-day effective yield
2.25%
Ticker symbol
CAMXX
Expense ratio
0.22%
Comment:
None
Date: March 28, 2008
Create a news alert for "investing"
-- Posted: April 24, 2008
<< Previous article
RESOURCES
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TABLE OF CONTENTS
Cash sweep study
Class-action lawsuit
Study results
CDs and Investments
Compare today's rates
1-year CD
6-month CD
3-month CD
5-year CD
1-year jumbo CD
Money Market Account
Jumbo MMA
NATIONAL OVERNIGHT AVERAGES
1 yr CD
1.74%
2 yr CD
2.06%
5 yr CD
2.89%
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Understanding Bankrate's rate averages