Does J.P. Morgan Self-Directed Investing pay interest on uninvested cash as of December 2024?
If you have uninvested cash lying around on your brokerage account, you should make it work for you in a low-risk way instead of letting it lose value. Many brokers now offer meaningful interest on your idle cash.
'Conditions may apply': check the fine print for receiving interest
The interest you can earn on uninvested cash in your brokerage account may vary depending on different factors, so you should always check the exact conditions that apply.
The most frequent factors that usually influence the rate you will get are account type, minimum balance requirements, and account size, for example.
Below you can find all the information we have on cash interest at J.P. Morgan Self-Directed Investing, straight from our J.P. Morgan Self-Directed Investing review:
Interest earned on uninvested cash
You can earn a return on available cash balances by choosing to automatically sweep these balances into the JPMorgan Chase Deposit Account, a bank deposit sweep option. Contact their client service for details on how to do it.
At the time of our review, J.P. Morgan Self-Directed Investing provides the following interest rates on uninvested cash:
- 0.01% for regular accounts
- 5.35% for IRA accounts.
Find the best brokers for earning interest on your uninvested cash
Does your broker not offer any interest on idle cash? Or do you want to check whether its interest rates are competitive with the rest of the market?
Check our toplist of the best brokers for cash interest to find brokers with the most attractive rates.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.