Finvest High-Yield Cash Account
We offer a high-yield cash management account that gives you a 4.4% yield. That's higher than most savings accounts. Any cash you store on the Finvest app earns this yield. You can deposit and withdraw anytime and there are no minimums.
You don't need to open a separate Cash Account. By signing up, you automatically get the benefits of the Finvest High-Yield Cash Account.
Finvest Cash Account is swept into into a government money-market fund, Dreyfus Government Cash Management fund. This fund has over $100 billion in assets, is AAA-Rated, has daily liquidity and is designed for preservation of capital and maintenance of liquidity. The fund must hold its money in cash or securities backed with the full faith and credit of the U.S. Government (see prospectus here).