The NerdWallet+ Treasury Account is a Treasury Sweep Account designed exclusively for NerdWallet+ customers. The NerdWallet+ Treasury is an investment  account offers customers a highly competitive yield by investing cash balances into 30-day Treasury Bills (T-Bills).

Key benefits include:

• High Yield: Competitive yield higher than typical savings accounts and HYSAs.
• Tax Advantages: Interest income is exempt from local and state taxes, making it especially beneficial for customers in high state income tax areas like NY and CA.
• Daily Liquidity: Access to funds anytime with no restrictions on withdrawals. T-Bills are extremely liquid and can be purchased and sold on primary and secondary markets. However, if you withdraw your funds prior to maturity, you may need to sell your T-Bills which maturity may impact the yield depending on the market conditions. 
• Safety: Low risk investment backed by the full faith and credit of the US Government.
• No Minimums: No minimum deposit or balance requirements. However, because T-Bills are purchased in increments of $100 it is advised that you maintain a balance of at least $100 in order to take advantage of the yield offered through T-Bill securities. 
• Automatic Management: Cash is automatically invested, ensuring that your money is working for you without requiring manual intervention.

For more information, or to create a Treasury account, head to your NerdWallet+ homepage.