Cash investments & Solutions

Start growing your legacy today

Begin the road to building your wealth for generations to come.

Reduce market risk

With cash investments, you can invest your money with less risk than with stock or bond funds.

Easy access to your cash

As our most liquid investment option, money market funds allow you to easily transfer money between your bank and Vanguard accounts.

Earn income on your savings

Whether the money you set aside is for emergency savings or a big vacation, you still have the potential to earn interest while reducing market risk.

Ready to get started?

Which type of cash investment is best for you?

Money market funds

Product Type
Mutual Fund

Cost
$0 to trade

Each money market fund has its own expense ratio.

Minimum investment amount
$3,000

Additional investment amounts
$1

Ease of accessing your money (liquidity)
Most funds allow you to access your money without penalty whenever you need it.

Insurance coverage
Money market funds and other securities held in the Vanguard Brokerage Account are eligible for SIPC coverage. Securities in your brokerage account are protected up to $500,000.

To learn more, visit the SIPC's website


CD

Product Type
Certificate of deposit

Cost
New issues: $0

Secondary trades: $1 per $1,000 face amount ($250 maximum)

All online sales of CDs before they mature are commission-free.

See Vanguard Brokerage commission schedule for other applicable fees

Minimum investment amount
New issues and secondary market: $1,000

Additional investment amounts
$1,000

Ease of accessing your money (liquidity)
Returns principal when CD matures.

If you need the money before maturity, you can sell the CD in the secondary market. Prices may fluctuate.

Insurance coverage
Up to $250,000 by FDIC insurance.

To learn more, visit the FDIC's website.


Vanguard Cash Plus Account

Product Type
A savings account alternative with its own unique account and routing number.

Cost
There may be low fees for certain types of transactions.

Minimum investment amount
$0

Additional investment amounts
$1

Ease of accessing your money (liquidity)
Allows you to access your money without penalty whenever you need it.

You can connect the Cash Plus Account to payment apps like PayPal or Venmo.

Insurance coverage
Eligible for FDIC coverage up to $1.25 million for individual accounts and $2.5 million for joint accounts.*

To learn more, visit the FDIC's website.


Vanguard Cash Deposit

Product Type
A new option for your settlement fund for the cash you're waiting to invest.

Cost
$0

Minimum investment amount
$0

Additional investment amounts
$1

Ease of accessing your money (liquidity)
Allows you to access your money without penalty whenever you need it.

Insurance coverage
Eligible for FDIC coverage up to $1.25 million for individual accounts and $2.5 million for joint accounts.*

To learn more, visit the FDIC's website.


Learn more about cash investments

What’s the right emergency fund amount?

What's the right emergency fund amount?
How much should you have saved? Figure out your target number.

Avoid these 5 ways to pay for emergencies

Avoid these 5 ways to pay for emergencies
When you need the money fast, you might be able to come up with several ways to get it. But they may not be the smartest solutions.

What are money market funds?

What are money market funds?
100% of our low-cost money market funds performed better than their peer-group averages over the past 10 years.*

See what it costs to invest with Vanguard

Not sure if cash investments are right for you?

Investing on your own?

Check out key information you need to start successful DIY investing.

Get professional advice

We offer expert help at the low cost we're known for.

Other investment products

We have a variety of products to select from. See which ones best fit your needs.

Frequently asked questions

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