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Vanguard has launched their Cash Plus Account and a savings account alternative with no account fees. Details below.
Vanguard has launched a new account called the Cash Plus Account. It’s a pilot offer, meaning:
“The Vanguard Cash Plus Account is a new high-priority product for Vanguard and our clients. We’re calling this version a pilot because it’s currently available to only a limited number of clients and not all the planned features are active yet. For example, the early version of the account won’t be offered on our mobile app. In addition, you won’t be able to use it to move money to and from certain account types, including IRAs and 529 accounts. Work is currently underway to expand the account’s transfer capabilities and to add more features.”
- Availability: Nationwide
- Monthly fees: None
- Insured: FDIC
This account has no monthly fees
Since this is still in the pilot stage, not all Vanguard members can use it yet and not all benefits have been finalized.
Read about Vanguard Personal Advisor Services here.
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