With rates up so high, When are brokers going to start paying interest on uninvested cash?

[David Donner]

Before 2008, when interest rates were this high, we would get a few percent interest on our uninvested cash at most brokers. When are brokers going to start doing that again?

 

[BKR88]

Buy SNSXX (money market account) at TDA/Schwab with uninvested cash and earn 2.36%.
Fidelity keeps uninvested cash in a treasury fund (SPAXX) earning 2.6%.

 

[Robert Morse]

Hi David- we offer the ability to buy or fund with T-bill/notes or purchase a money market fund like the Vanguard Treasury Money Market Fund-VUSXX. https://investor.vanguard.com/investment-products/mutual-funds/profile/vusxx#overview
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[TheDawn]

Before 2008, when interest rates were this high, we would get a few percent interest on our uninvested cash at most brokers. When are brokers going to start doing that again?

IB has started long time ago.

 

[murray t turtle]

Before 2008, when interest rates were this high, we would get a few percent interest on our uninvested cash at most brokers. When are brokers going to start doing that again?

%%
Years ago/ they still are .

 

[Tintin23]

Some of then are doing it