C2FO’s Cash Account is an FDIC-insured cash management account that charges no fees to save, spend and move money faster.
Now more than ever, we believe working capital should work harder for you.
That’s why we’re introducing C2FO’s Cash Account — a cash management account that is FDIC-insured up to $1 million, which is four times that of a typical savings account.
With Cash Account, your uninvested cash is swept to our trusted partner, UMB Bank, where it starts earning 0.20% annual percentage yield.
We don’t charge foreign transaction fees or maintenance fees. There are no account minimums, so your business can earn valuable returns on uninvested capital.
C2FO’s Cash Account gives you same-day liquidity of funds while investing any balances that are not actively being transacted.
“You shouldn’t have to sacrifice safety to earn an industry-leading return on your cash,” said Ashish Jain, head of capital markets at C2FO. “C2FO’s Cash Account protects your money with four times the normal FDIC insurance coverage, while maximizing your working capital.”
The sign-up process for Cash Account takes less than a minute. After you provide some basic information about your business, you can expect a customer support representative to contact you within one business day.
To sign up, click here.