Does Webull 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 Webull, straight from our Webull review:
Interest on cash balances
Webull currently offers a very attractive, high interest rate of 4.0% on the uninvested cash balances of clients.
Using a Cash Management account, users can get 4.0% APY on their idle cash, which is among the highest rates on the market. There are no fees attached, no minimum balance required, and you can withdraw your cash at any time.
Interest is accrued daily and is paid to your brokerage account automatically on the 15th of every month.
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
- Webull stock conditions explained
- Stock trading at Webull: an expert guide and rating
- Webull penny stocks trading conditions explained
- Webull bond availability
- ETF trading conditions at Webull explained
- Webull fractional shares trading conditions explained
- Are margin interest rates low at Webull?
- Webull ESG investing
- Webull invest $100,000
- Webull IPO accessibility
- Webull Mexican stocks trading availability
- Webull US stock trading details
- Webull Australian stocks trading availability
- Webull Canadian stocks trading availability
- Webull Japanese stocks trading availability
- Webull French stocks trading availability
- Webull Italian stocks trading availability
- Webull Swiss stocks trading availability
- Webull Hong Kong stocks trading availability
- Webull Dutch stocks trading availability
- Webull Spanish stocks trading availability
- Webull Singapore stocks trading availability
- Webull Swedish stocks trading availability
- Webull Norwegian stocks trading availability
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.
