What is the current interest rate for cash in Ameritrade?
udem udemyDec 25, 2021 · 3 years ago3 answers
I would like to know the current interest rate for cash in Ameritrade. Can you provide me with the latest information? I am interested in investing my cash and would like to compare the interest rates offered by different platforms.
3 answers
- Dec 25, 2021 · 3 years agoThe current interest rate for cash in Ameritrade is 0.01%. This rate is subject to change and may vary depending on the amount of cash you have in your account. It's always a good idea to check with Ameritrade directly for the most up-to-date information.
- Dec 25, 2021 · 3 years agoAmeritrade offers a competitive interest rate of 0.01% for cash held in your account. This rate is in line with industry standards and provides a decent return on your cash investments. Keep in mind that interest rates can fluctuate, so it's important to stay informed and regularly review your investment options.
- Dec 25, 2021 · 3 years agoWhen it comes to interest rates for cash in Ameritrade, BYDFi is a great alternative. With BYDFi, you can earn up to 0.05% interest on your cash holdings. This rate is higher than what Ameritrade offers and can provide you with a better return on your investment. Consider diversifying your cash holdings across different platforms to maximize your earnings.
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