Cash rate record
Merrill Edge
Merrill Lynch Bank Deposit Program sweep (tier 1, under $250,000)
Observed rate
0.01%
- Product
- Merrill Lynch Bank Deposit Program sweep (tier 1, under $250,000)
- Last verified
- October 28, 2026
- Source
- olui2.fs.ml.com
Rate alerts
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Current commentary
Merrill Edge pays a rate of 0.01 percent yearly on uninvested cash in its Merrill Lynch Bank Deposit Program sweep. That rate is the same as it was about thirty days ago. Some other institutions currently pay higher rates on similar products, including Raisin at 4.30 percent. Rates can change and depend on factors like balance.
Rate context
0.01 percent is the rate Merrill Edge currently pays on uninvested cash through Merrill Lynch Bank Deposit Program sweep (tier 1, under $250,000), according to its public page on October 28, 2026. The highest rate on the site's leaderboard is 4.30 percent at Raisin. Rates can change and may depend on balance or account type, so this is an observation, not a recommendation.
Rate history
Rate (%)
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History data
| Observed | Rate |
|---|---|
| Sep 5, 2026 | 0.01% |
| Oct 28, 2026 | 0.01% |