Do I earn interest on my idle cash?
Yes, you will earn interest on the idle cash in your portfolio. Vested has made available an automatic bank sweep vehicle on free cash in your investment account. The sweep program is FDIC-insured for up to $250,000 in cash and enables you to collect a competitive interest rate on free cash balances.
The amount of interest paid to you will be reflected in your monthly Account statement.
For more information, you can refer to our broker's (DriveWealth) cash management policy
here