Does etrade pay interest on idle cash?

Capt Caveman

Lifer
Jan 30, 2005
34,547
651
126
For stock accounts, you can link your account to one of two money market accounts. Personally, I opened an Etrade savings accounts paying 5.05% and just transfer the money to it til I need it to invest.
 

erwin1978

Golden Member
Jun 22, 2001
1,637
3
81
What's the rate on those money market and is it free to link?

How fast is money transferred from the Etrade savings account into your stock account? Is it instantaneous so you can buy stocks immediately or is there the usual 3 business day wait?
 

erwin1978

Golden Member
Jun 22, 2001
1,637
3
81
The one problem I have with signing up with ebay is their quarterly maintenance fee.
 

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