Banking, lending and cash management
An important part of financial planning is balancing short-term needs with long-term goals. Banking, lending and cash management solutions can help you establish financial flexibility while planning for both short and long-term needs. As part of our goal-based approach to financial advice, your advisor can help you actively manage investing, saving and spending so you have a more complete picture of your financial life – and stay in control, every step of the way.
With banking, lending and cash solutions offered by Ameriprise, you’re empowered to build for tomorrow while living for today.
Our flexible cash management solutions offer access to funds and competitive rates, designed to help you manage your everyday cash and expenses.
- Ameriprise® Bank Savings Account
- Ameriprise® Certificates
- Brokerage sweep accounts
- Cash management account
Enjoy the benefits of a card exclusively designed for Ameriprise clients. With a variety of reward options, you can choose the card that works best for your saving and spending needs.
Together, you and your advisor can evaluate your lending options to ensure you are making well-advised choices that align with your overall financial goals.
Personal trust services allow you to direct how your legacy assets are distributed while working with an advisor who understands the people, charities and causes that are important to you.
If your account sweeps to the Ameriprise Insured Money Market Account (“AIMMA”), our multi-bank sweep program, AEIS receives and retains compensation for its services related to AIMMA based on the cash deposits held at each program bank. This compensation is negotiated between each FDIC member bank (“Program Bank”) and AEIS, or between the Program Bank and our vendor, IntraFi Network LLC, and is based on a benchmark interest rate, such as the Federal Funds Rate, plus or minus a spread. For example, if the Program Bank holding your cash sweep balance has agreed to pay AEIS the Federal Funds Rate plus 0.10%, and the Federal Funds Rate is 5.50% AEIS would receive 5.60% on your cash balance. If you are credited with interest of 0.50% on the cash balance, AEIS would retain 5.10% as compensation for its services, from which it would pay its vendors and the internal costs of operating the sweep program. As of October 2, 2023, the rates paid by unaffiliated banks in the program were within a range of 5.25% to 6.25% but, depending on movement of interest rates, this range could be higher.
Ameriprise® Certificates are backed by the assets of Ameriprise Certificate Company (ACC). ACC is not a bank, and the securities it offers are not deposits or obligations of, or backed or guaranteed or endorsed by, any bank or financial institution, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Federal Reserve Board or any other agency. Although ACC’s qualified assets on deposit currently exceed the deposit amounts required by applicable regulations, if there are losses on ACC’s assets, ACC may not have sufficient resources to meet its obligations, including making interest and/or principal payments on your certificates. Most of ACC's assets are debt securities and are subject to risks including credit risk, interest rate risk and prepayment and extension risk.
As a subsidiary of Ameriprise Financial, Inc., Ameriprise Certificate Company (ACC) is (absent exclusion or exemption) required to comply with certain limits on its activity, including investment and/or trading limitations on its portfolio and other limitations under applicable banking laws. Failure to meet one or more of certain requirements and regulations would mean, depending on the requirements not met and any agreement then reached with the Board of Governors for the Federal Reserve System, that Ameriprise Financial (and therefore ACC) could not undertake new activities, continue certain activities, or make certain acquisitions until such violation is cured.
You should consider the investment objectives, risks, charges and expenses of certificates carefully before investing. Download a free prospectus, which contains this and other important information about our certificates. Read the prospectus carefully before you invest.
Ameriprise Certificates are issued by Ameriprise Certificate Company and distributed by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
Ameriprise Financial Planning Services are optional, offered separately, and priced according to the complexity of your case and your financial advisor’s practice fee schedule. Your fees and financial advisor may be subject to change.
Financial planning is generally appropriate if you have financial goals, sufficient assets and income to address your financial goals, and are willing to pay an investment advisory fee for recommendations to help you achieve those goals. Please review the Ameriprise Financial Planning Client Disclosure Brochure or, for a consolidated advisory relationship, the Ameriprise Managed Accounts and Financial Planning Service Disclosure Brochure, for a full description of services offered, including fees and expenses.
Elan Financial Services is the creditor and issuer of Ameriprise® Visa Signature® credit cards, pursuant to a license from Visa U.S.A. Inc., and does not administer the account Rewards Program.
Margin lending and brokerage clearing services provided by American Enterprise Investment Services, Inc. Member FINRA and SIPC. A subsidiary of Ameriprise Financial, Inc.
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® Preferred Line of Credit is offered by Ameriprise Bank, FSB and the Salt Lake City branch of Goldman Sachs Bank USA (GS Bank) as co-lenders or sole lender, as applicable. Ameriprise Bank, FSB and GS Bank are not affiliated.
Ameriprise Financial, Inc. is not a mortgage originator and neither reviews nor creates any mortgage product material.
Neither Ameriprise Financial nor its representatives or affiliates may provide tax or legal advice. Consult with your tax advisor or attorney regarding specific issues.
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.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
Ameriprise Bank, FSB. Member FDIC.
Ameriprise Financial Services, LLC. Member FINRA and SIPC.