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TD Ameritrade Cash Management Account

  • No monthly maintenance fees
  • No minimum balance requirements
  • Unlimited check writing and free standard 100 re-orders
  • Free online bill pay
  • Avoid ATM fees—you get reimbursed for any ATM charges nationwide
  • Save time and postage costs with free online bill pay
  • Set up free recurring bill payments—a real time-saver
  • Easily move money between TD Ameritrade accounts

At a Glance

Cash Management Account

The Cash Management Account from TD Ameritrade is not a traditional brick and mortar bank account but it is a good online substitute. The Cash Management Account has features that work just like a checking account including a Visa debit card and check writing. For consumers in ChexSystems, EWS, Telecheck or with poor credit, you may want to consider a brokerage account. Brokerage firms want to be your banker too. It can be a temporary replacement of a traditional bank account until your ChexSystems report is clear.

Checking Account Features

TD Ameritrade offers a Cash Management account that comes with a TD Ameritrade Visa® debit card with free ATM withdrawals. You get reimbursed for any ATM charges nationwide.

Totally Free Checking

There are no monthly maintenance fees, no minimum balance requirements, unlimited check writing, set-up direct deposit and set up free recurring bill payments—and save time with online bill pay.

How it Works

Opening an account is quick, simple and can be completed online in about 15 minutes. First open a brokerage account  which then gives you access to choose the Cash Management Checking Account. And that’s it — you now have an interest earning checking account! There are no monthly fees associated with the checking account. You can fund the checking account immediately or at a later date. There is no minimum deposit required to open the Cash Management Checking Account or the brokerage account.

Flexibility

The TD Ameritrade Cash Management Account gives you the flexibility to trade, invest, spend and pay bills from one TD Ameritrade account. With a Cash Management Account your money will be in the same place as your trading funds.

Open a New Checking Account Today!