Open your account now
You can get your emergency fund started in no time.
Step 1: Select your account type
If the emergency fund is just for you, choose an individual account.
If someone else—like a spouse—needs access to the account, choose a joint account.
Step 2: Choose your investment
You can invest in Vanguard Prime Money Market Fund* or, if you're eligible, one of our state tax-exempt money market funds for your emergency fund.
The money market settlement fund
In addition to the money market fund you select for your emergency cash, all new accounts will include Vanguard Federal Money Market Fund** as the settlement fund.
This fund is used to pay for and receive proceeds from brokerage transactions, including Vanguard ETFs®, and other account activity.
We'll set up this fund with a zero balance, and you'll need to put money into it to pay for any buy orders you place.
Step 3: Open your account online
If you want to open your account with an electronic transfer from your bank, you'll need your bank routing and account numbers, which you can find on your checks.
If you don't set up your bank information when you open the account, remember to come back and link your accounts later. That way, you'll be able to get your money quickly when you need it!
Fees & other details
- Most of our funds have a minimum initial investment of $3,000.
- We'll waive the $20 annual account service fee if you register for online access and sign up for electronic delivery of account documents.
- There are no other fees to open an account.
We're here to help
Talk with one of our investment professionals.
Monday to Friday
8 a.m. to 10 p.m., Eastern time
WHERE DOES AN EMERGENCY FUND FIT INTO YOUR PRIORITIES?
This money market mutual fund holds the money you use to buy securities, as well as the proceeds whenever you sell.