CashRate WatchBroker cash and sweep rates
Updated Nov 3, 2026 · 7 options with a confirmed rate shown on this page
Uninvested cash in a brokerage account is usually swept to partner banks (FDIC) or held as a free credit balance (SIPC). Some brokers pay close to market rates; others pay almost nothing by default. Some top rates require a paid subscription.
| Name | Type | APY / yield | Risk label | Source |
|---|---|---|---|---|
| Robinhood Gold High-Yield CashRequires Gold subscription; non-Gold earns 0% | Broker cash | 3.60% | FDIC / SIPC | source |
| Wealthfront Cash AccountBase APY as of 10/01/2026; up to 4.45% with boosts; via program banks | Broker cash | 3.55% | FDIC | source |
| Schwab Intelligent Portfolios sweepEffective 11/02/2026, resets monthly | Broker cash | 3.51% | FDIC | source |
| Betterment Cash ReserveVariable; new-customer boost to 4.25% advertised | Broker cash | 3.50% | FDIC | source |
| Interactive Brokers (IBKR Pro) cash interestAnnual rate not APY | Broker cash | 3.38% | SIPC | source |
| Public High-Yield Cash AccountCore 3.30%; 3.75% with paid Public Reserve subscription | Broker cash | 3.30% | FDIC | source |
| Schwab brokerage uninvested cash (Bank Sweep)Default sweep | Broker cash | 0.01% | FDIC | source |
Savings and broker cash show APY. Money market funds show 7-day yield. T-bills show the auction high investment rate (bond-equivalent yield). USDC shows a rewards rate, not interest. Rates checked Nov 3, 2026; they change often, so always confirm on the provider's site. Not financial advice.
- Top 3.60% Robinhood Gold High-Yield Cash
- Average of all listed 2.98%
History starts Oct 2026. 5 rate checks so far (Oct 21, 2026 to Nov 3, 2026); a point is added each week. The average covers every option we list with a confirmed rate on that date.
What the risk labels mean
- FDIC
- A bank deposit. If the bank fails, the FDIC covers up to $250,000 per depositor, per bank, per ownership category. Broker "cash sweep" accounts spread money across partner banks to raise that limit.
- SIPC
- A security held at a brokerage, such as a money market fund. SIPC protects you if the brokerage fails and your assets go missing (up to $500,000, including $250,000 cash). It does not protect against the fund losing value. Government money funds aim for a stable $1 share price, which is not guaranteed.
- Treasury-backed
- A direct loan to the US government (T-bills). There is no insurance, and none is needed in the usual sense: you are paid by the US Treasury. If you sell before maturity the price can move a little.
- Not insured
- Crypto stablecoin rewards (USDC). There is no FDIC or SIPC coverage. You depend on the exchange, the stablecoin issuer, and rules that are still being written.
- FDIC / SIPC
- A mix. For example, part of the balance is held as brokerage cash (SIPC) and the rest is swept to banks (FDIC).
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