High-Yield Cash Account
Earn
3.70% APY
on your cash.
Up to $3M in FDIC Insurance on individual, trust, and NEW business cash accounts, and up to $6M on joint accounts, through our partner banks.
Altruist Financial LLC is not a bank. APY is variable and subject to change.
Your limited-time APY gift
Here’s a boost to 4.00% APY
For a limited-time we’re giving you a boosted APY on newly opened High-Yield Cash accounts. No promo codes. No strings attached. Just a special 4.00% APY rate for your clients.
Offer goes until November 11th, 2025. The promotional 0.30% APY boost applies only to new, High-Yield Cash accounts opened and funded within 30 days. The boost begins after initial funding and remains in effect for three months after the date the account is opened, ending on the following business day if the three-month date falls on a weekend or holiday. The promotional Annual Percentage Yield (APY) and APY boost may change during the promotion based on market conditions. After the promotional period, the APY reverts to the then-current standard rate, or the Altruist One rate if the account’s household is subscribed to Altruist One at that time. This offer may not be combined with Altruist One boosted rates or any other temporary or promotional rate increases. Fees may reduce earnings. Offer subject to change or termination at any time without notice.
Here are 9x reasons to manage your cash in Altruist.
Average savings account
Altruist’s High-Yield Cash
(9x the national average1)
1. The national average interest rate for savings accounts as posted on FDIC.gov, as of September 15, 2025.
Grow your cash, easily.
Quick and easy setup.
Fund your accounts in minutes. No unnecessary steps or delays.
Access money, 24/7.
Withdraw or transfer funds with just a few clicks in the Altruist Client App.
No extra fees.
No minimum balance, no annual fees, and no surprise charges.
Other fees may apply. Please see the Altruist Financial LLC Fee Schedule on altruist.com/legal to learn more.
Smart, secure, and backed by real protection.
Keep your money liquid, insured, and working harder—without changing how you invest.
Access FDIC insurance up to $3M across individual, trust, and NEW business cash accounts, and up to $6M across joint cash accounts via our partner banks.
With competitive returns and no hidden hurdles, Altruist’s High-Yield Cash is the modern way to confidently manage your money.
Featured Webinar
Altruist Cash
Management 101
Watch a video replay with Adam Grealish, Head of Investments, for a deep dive into all things Altruist High-Yield Cash management.
Frequently Asked Questions
What types of accounts are available?
Altruist offers individual, joint, trust, and NEW business cash accounts—whatever fits your needs.
Can I take money out when I need it?
Yes. You’ll have access to your money anytime in the Altruist Client App, with same-day withdrawal capability in most cases.
Are there any limits on transfers?
There are no Altruist-imposed limits on the number of deposits or withdrawals. Standard bank transfer timelines may apply.
Can I open more than one account?
Yes! Many clients work with their advisor to open more than one account to match their goals—like saving, gifting, or estate planning.
Curious about Altruist?
We work with financial advisors to offer a better, simpler way to grow your money—whether it’s invested or held in cash.
The Annual Percentage Yield (“APY”) for the High-Yield Cash accounts (“High-Yield Cash”), formerly Altruist Cash, is variable and may change at any time. The amount of interest you will receive on your deposits will vary based on a number of factors. Accrued interest is paid on the last business day of the month directly into the High-Yield Cash account. View our disclosures to learn more.
High-Yield Cash is offered through a separate account at Altruist Financial LLC (“Altruist Financial”) that is opened solely for participation in High-Yield Cash. Neither Altruist Financial nor any of its affiliates are banks. Altruist Financial deposits cash in the High-Yield Cash account with one or more banks (“Program Banks” see the Altruist Financial LLC Participating Bank List) that accept and maintain such deposits. Through High-Yield Cash, clients’ cash is deposited into Program Banks where the cash earns a variable interest rate and is eligible for FDIC insurance. Cash is not eligible for FDIC insurance until the cash is deposited at the Program Banks. Cash in the High-Yield Cash account that is awaiting to be deposited in, and cash in transit to or from, Program Banks, may not be eligible for coverage under SIPC. SIPC coverage does not apply to cash deposited with Program Banks. FDIC insurance is limited to $250,000 per depositor, per FDIC-insured bank, per ownership category and is subject to conditions. More information can be found in the High-Yield Cash Disclosure Statement and the Altruist Financial LLC Participating Bank List, both available on altruist.com/legal. FDIC coverage can be impacted by several things, including but not limited to deposit capacity at a Program Bank and/or if a client holds cash at a Program Bank, including through this or additional sweep programs. Clients are responsible for monitoring their total assets at each of the Program Banks, whether through Altruist Financial accounts or accounts with other financial intermediaries, to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. For more information on FDIC insurance coverage, please visit FDIC.gov.
Deposits to High-Yield Cash will be deposited with Program Banks within one business day. Cash deposited via ACH or Check may take three (3) or more business days for the funds to become available for withdrawal. Customers can initiate withdrawals at any time from the High-Yield Cash account. View our disclosures to learn more.
Clients should carefully review the information provided on altruist.com/legal to determine whether High-Yield Cash is an appropriate product for their specific financial needs. Retail clients must work with a Registered Investment Advisor to open an High-Yield Cash account. Securities trading is not possible in the High-Yield Cash account.