| | | With a Cash Account offered by Atomic Brokerage, you can earn a boosted 4.40% APY on your cash for 6 months on balances up to $250,000. After that, keep earning with a 3.75% APY. | | | | | Paid Non-Client Promotion*** | | | The boosted 4.40% Annual Percentage Yield (APY) is offered on up to $250,000 in deposits for the first 6 months when you open a Cash Account offered by Atomic Brokerage LLC and deposit funds within 14 days. Balances above $250,000 will earn the standard 3.75% APY. After the 6 month introductory period, all balances will earn the standard 3.75% APY. The 4.40% boosted introductory APY is available through NerdWallet’s promotional program. *APYs are accurate as of 09/23/2025 and are subject to change without notice. | | | | | Because your money will be spread across a network of program banks, you are able to have up to $2.5 million in FDIC insurance** (subject to coverage limits and eligibility requirements). Plus there’s no balance minimums and you can make unlimited withdrawals. | | | | | | | | | What is a Cash Account? | | It’s a brokerage account provided by Atomic Brokerage that offers a cash sweep program. Like a high-yield savings account, it lets you earn a competitive APY on your cash. But instead of keeping your money at one bank, it’s swept from your brokerage account into deposit accounts at one or more program banks. That structure also makes it eligible for increased FDIC insurance coverage. | | | | | | | | | Discover the personalized insights you need to make smart money moves – at home or on the go. | | | | | **Funds in your Atomic Cash Account are deposited into one or more cash sweep program banks insured by the Federal Deposit Insurance Corporation (FDIC). While in transit to or from these program banks—or temporarily held in your Cash Account before transfer—funds are not FDIC insured. Once deposited at the program banks, your funds are eligible for FDIC insurance coverage up to $2,500,000, based on the standard limit of $250,000 per depositor, per insured bank, per account ownership category (subject to applicable coverage limits and eligibility). Please note that funds held in your Atomic Cash Account are not protected by SIPC because they are not used to purchase securities.
***Atomic Brokerage shares fees from the cash sweep program banks with NerdWallet for each referred client who opens a Cash account, which creates a conflict of interest.
NerdWallet has engaged Atomic Invest LLC (“Atomic”), an SEC-registered investment adviser, to bring you the opportunity to open investment advisory accounts (Automated Investing Account and/or Treasury Account) with Atomic. NerdWallet receives compensation of up to 0.85% of assets under management annualized, payable monthly, for each referred client who opens an Atomic account and a percentage of free cash interest earned by clients, which creates a conflict of interest. Brokerage services for Atomic are provided by Atomic Brokerage LLC ("Atomic Brokerage"), member of FINRA/SIPC and an affiliate of Atomic, which creates a conflict of interest. See details about Atomic, in their Form CRS, Form ADV Part 2A and Privacy Policy. See details about Atomic Brokerage in their Form CRS, General Disclosures, fee schedule, and FINRA’s BrokerCheck.
You also can open a Cash Account offered by Atomic Brokerage which allows you to earn interest on your cash through a cash sweep program. See important Cash Account disclosures here.
Neither Atomic Invest nor Atomic Brokerage, nor any of their affiliates is a bank. Investments in securities: Not FDIC Insured, Not Bank Guaranteed, May Lose Value. Investing involves risk, including the possible loss of principal. Before investing, consider your investment objectives and the fees and expenses charged.
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