Brokerage sweep and rates

Keep your cash accessible and working for you.

An important part of your financial plan is having enough cash reserves to meet day-to-day needs while being prepared for the unexpected. Ameriprise Financial offers several cash solutions that offer you easy access and the opportunity to earn interest or dividends on uninvested cash.

Ameriprise® Insured Money Market Account (AIMMA)1

AIMMA is a money settlement option made available by Ameriprise Financial where cash is swept to omnibus account(s) at one or more program banks including our affiliate, Ameriprise Bank, FSB. With AIMMA as your sweep option, uninvested cash in your brokerage account is deposited at one or more banks to offer enhanced FDIC coverage–up to $2.5 million in FDIC insurance coverage per depositor. Certain conditions must be satisfied for pass-through FDIC insurance coverage to apply.

View a list of banks where AIMMA assets will be placed.

AIMMA Rates

Cash Balance Rate
Effective:
December 16, 2024		 APY2
Effective:
December 16, 2024		 Rate
Effective:
December 23, 2024		 APY2
Effective:
December 23, 2024
$0 - $4,999.99 0.30% 0.30% 0.30% 0.30%
$5,000 - $24,999.99 0.30% 0.30% 0.30% 0.30%
$25,000 - $49,999.99 0.30% 0.30% 0.30% 0.30%
$50,000 - $99,999.99 0.30% 0.30% 0.30% 0.30%
$100,000 - $249,999.99 0.35% 0.35% 0.35% 0.35%
$250,000 - $499,999.99 0.50% 0.50% 0.50% 0.50%
$500,000 - $999,999.99 0.65% 0.65% 0.65% 0.65%
$1,000,000 - 4,999,999.99 1.69% 1.70% 1.69% 1.70%
$5,000,000 + 1.98% 2.00% 1.98% 2.00%

 

Ameriprise® bank insured sweep account (ABISA)3

ABISA is a money settlement option made available by Ameriprise Financial where cash is swept to an omnibus Account(s) at our affiliate bank, Ameriprise Bank, FSB. ABISA is available primarily in discretionary investment accounts in tax-qualified ownerships. With ABISA as your sweep option, uninvested cash in your brokerage account is deposited at Ameriprise Bank, FSB and offers up to $250,000 in FDIC insurance coverage per depositor.3 Certain conditions must be safisfied for pass-through FDIC insurance coverage to apply.

 

ABISA Rates

Cash Balance Rate
Effective:
December 16, 2024		 APY2
Effective:
December 16, 2024		 Rate
Effective:
December 23,2024		 APY2
Effective:
December 23, 2024
$0 - $4,999.99 0.30% 0.30% 0.30% 0.30%
$5,000 - $24,999.99 0.30% 0.30% 0.30% 0.30%
$25,000 - $49,999.99 0.30% 0.30% 0.30% 0.30%
$50,000 - $99,999.99 0.30% 0.30% 0.30% 0.30%
$100,000 - $249,999.99 0.35% 0.35% 0.35% 0.35%
$250,000 - $499,999.99 0.50% 0.50% 0.50% 0.50%
$500,000 - $999,999.99 0.65% 0.65% 0.65% 0.65%
$1,000,000 - 4,999,999.99 1.69% 1.70% 1.69% 1.70%
$5,000,000 + 1.98% 2.00% 1.98% 2.00%

 

Money Fund Sweep4

Rates as of December 16, 2024

Certain account types offer a Dreyfus money market mutual fund sweep option. These funds normally invest in a diversified portfolio of high-quality, short-term, dollar-denominated debt securities. A money market fund’s goal is the preservation of capital.

 

All Balances 7 day Yield
Dreyfus Government Cash Management - Wealth Shares  4.25%
Dreyfus Government Cash Management - Institutional Shares  4.50%

 

You could lose money by investing in the mutual fund. Although the mutual fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so.

The Government Money Market Mutual Fund may impose discretionary fees if the Board of the mutual fund determines it would be in the best interest of the mutual fund. Any such discretionary fee cannot exceed 2% of the value of the shares redeemed.

An investment in a Money Market Mutual Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The mutual fund's sponsor has no legal obligation to provide financial support to the mutual fund, and you should not expect that the sponsor will provide financial support to the mutual fund at any time.

Dreyfus Government Cash Management - Wealth Shares Prospectus

Dreyfus Government Cash Management Institutional Shares Fund Prospectus

 

Ameriprise® Cash5

Ameriprise Cash is a brokerage sweep option for your uninvested cash balances. The cash in your brokerage account is held by American Enterprise Investment Services, Inc., an affiliate clearing broker of Ameriprise Financial Services, Inc. Ameriprise Cash balances are cash deposits in your brokerage account and are covered under applicable Securities Investor Protection Corporation (SIPC) limits, up to $250,000 per account.

 

Cash Balance Rate
Effective:
December 16, 2024		 APY2
Effective:
December 16, 2024		 Rate
Effective:
December 23, 2024		 APY2
Effective:
December 23, 2024
All Balances 0.30% 0.30% 0.30% 0.30%

 

Related Information

Certificate Rates

Access current cash account rates and yields from Ameriprise Financial.

Ameriprise ONE® Financial Account

Learn about the Ameriprise ONE Financial Account, a brokerage account with cash management features where you can hold cash and investments in one place.

Systematic saving: the key to building a cash reserve

Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Ameriprise Financial Services, LLC is not an FDIC- insured bank; FDIC insurance only covers the insolvency of FDIC-insured banks.

Certain conditions must be satisfied for pass-through FDIC insurance coverage to apply.

 
Rates are subject to daily change. Not all rate updates occur simultaneously.
1Ameriprise Insured Money Market Account (AIMMA). Ameriprise Insured Money Market Account (AIMMA). AIMMA is a money settlement option made available by Ameriprise Financial where cash is swept to omnibus Account(s) at one or more FDIC member banks (collectively, the “Program Banks”), and including our affiliate, Ameriprise Bank, FSB. The Program Banks may serve individually as custodians for all or a portion of the assets held within your AIMMA, as described in the Other Important Brokerage Disclosures. For a copy of the Other Important Brokerage Disclosures, visit our website at ameriprise.com/disclosures or call our service line at 800.862.7919. Deposits held at Program Banks are FDIC insured up to $250,000 per depositor at each Program Bank, and up to $2.5 million per depositor across all Program Banks combined. Certain conditions must be satisfied for pass-through FDIC insurance coverage to apply. Cash held in deposits at Program Banks are not covered by SIPC. Cash held in your account is covered by SIPC until it is deposited into a Program Bank. See the Money Settlement Options section of the Ameriprise Brokerage Client Agreement for further information.
The FDIC website at fdic.gov allows you to determine the amount of your deposits which are insured. For more information, please contact the FDIC directly at 1-877-ASKFDIC (1-877-275-3342). Any other deposits you may make to a Program Bank outside of AIMMA will be combined for purposes of determining the level of FDIC coverage per depositor at that specific bank. You are responsible for monitoring the total amount of funds they hold at each Bank in order to insure that your total deposits are within FDIC guidelines and fully insured.
2APY = Annual percentage yield. Actual rates are subject to change based on market conditions.
3Ameriprise Bank Insured Sweep Account (ABISA). Ameriprise Bank Insured Sweep Account (ABISA). ABISA is a money settlement option made available by Ameriprise Financial where cash is swept to an omnibus Account(s) at our affiliate, Ameriprise Bank, FSB. ABISA is the cash sweep program Ameriprise Financial makes available for certain tax-qualified discretionary investment advisory accounts and for SPS Advantage trustee-directed 401(a) accounts. Deposits are held in an omnibus account(s) at Ameriprise Bank, FSB, Member FDIC, an affiliate of Ameriprise Financial. For a copy of the Other Important Disclosures, visit our website at ameriprise.com/disclosures or call our service line at 800.862.7919. Deposits held at Ameriprise Bank, FSB are FDIC insured up to $250,000 per depositor, per FDIC rules. Certain conditions must be satisfied for pass-through FDIC insurance coverage to apply. Cash held in deposits at Ameriprise Bank, FSB are not covered by SIPC. Cash held in your account is covered by SIPC until it is deposited with Ameriprise Bank, FSB. See the Money Settlement Options section of the Ameriprise Brokerage Client Agreement for further information.​
4Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. For a free prospectus, which contains this and other important information about the funds, visit dreyfus.com, or call Ameriprise Financial at 1.800.297.7378. The prospectus should be read carefully before investing.
5 Ameriprise Cash is uninvested cash held as a free credit balance in your brokerage accounts, and is covered by SIPC. In certain cases, and where permitted or required by regulation, uninvested cash will be held as a free credit balance in your account, but we will not pay interest on such balances. These include when you request that you not earn interest on cash balances held in the account or when we are unable to establish any third-party sweep option for your account because a) you have not provided a signed application, or b) you have a tax-qualified account and have elected not to participate in the available third-party sweep. 
Ameriprise Bank, FSB provides deposit, lending, and personal trust products and services to its customers, including clients of Ameriprise Financial Services, LLC. (“AFS”). Ameriprise Bank, FSB and AFS are subsidiaries of Ameriprise Financial, Inc.  AFS financial advisors may receive compensation for selling bank products.
Ameriprise Bank, FSB, Member FDIC.
Other terms and conditions apply. Offers subject to change.
We reserve the right, in our sole discretion, to amend and pay different interest rates depending on the amount of your account balances or membership in the Ameriprise Achiever Circle loyalty program.
Brokerage clearing services provided by American Enterprise Investment Services, Inc. Member FINRA and SIPC, a subsidiary of Ameriprise Financial, Inc.
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.