Cash Management Account
Bring your plan to life
At Ameriprise Financial, we think of cash as more than just money for today's needs, it's an important part of your whole financial life. How you manage your cash can determine how secure you feel today and how confidently you can build your dreams for tomorrow. That's why we offer the Ameriprise ONE® Financial Account.
A better way to manage cash
The Ameriprise ONE Financial Account – a brokerage account with cash management features – allows you to hold both cash and investments. It helps you move your money to the financial solutions you choose that can help meet your saving, spending, investing and protection goals. It connects all the parts of your plan and helps you stay focused on your objectives by giving you a central way to manage all parts of your account given your long term, short term and immediate term cash management goals. Open an account1 today with as little as $500 in cash or securities.
When the money you earn from payroll deposits flows directly to the Ameriprise ONE Financial Account, your plan comes to life. At the same time, the money you need for daily and monthly expenses flows automatically to your checking account. Both your short-term and long-term goals are funded, giving you more financial confidence and control.
At the core of the Ameriprise ONE Financial Account is a cash sweep account that earns interest or dividends and can be used for everyday cash needs. Your cash deposits, interest earnings, trade proceeds and non-reinvested dividends are automatically swept into this account and your checks, bills, ATM/debit withdrawals and investment purchases are paid from it.
The Ameriprise ONE Financial Account also offers robust investment capabilities. Buy or trade stocks, bonds, mutual funds, exercise options contracts and more. For more information contact your financial advisor.
Features of the Ameriprise ONE Financial Account3
Online Bill Pay4
Pay bills online with an on-time payment guarantee. Automating the bill paying process helps you save time and postage – and there's no limit to how many bills you can pay online each month. You can choose to receive electronic bills and then set up one-time or recurring payments.
Ameriprise Visa® Debit card5
The Ameriprise Visa® Debit card with contactless & digital wallet capability with Apple Pay, Samsung Pay, Garmin Pay & FitBit Pay is accepted at over 25 million locations worldwide. Additionally, you can access cash at more than a million ATMs in more than 179 countries as well as the largest surcharge-free ATM network in America of over 55,000 ATM locations nationwide.
Write checks to anyone for any amount up to your available cash balance. There are no limits or minimums and your first order of checks is free.
Receive up to $2.5 million FDIC insurance coverage per depositor with the Ameriprise® Insured Money Market Account (AIMMA) cash sweep account.