NerdWallet has engaged Atomic Brokerage to bring you the opportunity to open a brokerage account (Cash Account) in which your cash is deposited into one or more cash sweep program banks insured by the Federal Deposit Insurance Corporation (FDIC), which allows you to earn interest on the available cash in your Cash Account. Once deposited by Atomic Brokerage into program banks, your funds are eligible for FDIC insurance coverage up to $2,500,000, based on the standard limit of $250,000 per depositor, per insured bank for each account, per account ownership category (subject to coverage limits and eligibility requirements). While in transit to or from these program banks—or temporarily held in your Cash Account before transfer—funds are not FDIC insured.

Please note that funds held in your Atomic Cash Account are not protected by SIPC because they are not used to purchase securities. If you prefer your cash to be invested in a Money Market Fund eligible for SIPC coverage, you must send an email to support-brokerage@atomicvest.com to discuss your options.

Atomic Brokerage shares fees from the cash sweep program banks with NerdWallet for each referred client who opens a Cash Account, which creates a conflict of interest.

For full details about the Atomic Brokerage Cash Sweep Program, see the Terms & Conditions.