Earn more on your cash with J.P. Morgan Premium Deposit1
Benefits of J.P. Morgan Premium Deposit
Benefits of J.P. Morgan Premium Deposit
A competitive yield2
Earn an enhanced rate up to 7x higher than the interest earned in your average sweep or savings account.
FDIC-insured4
Your deposits are FDIC-insured up to the allowable limits4 and you can feel confident knowing your money is held with one of the world’s leading financial firms.
Same-day availability3
Access your cash with same-day availability through your J.P. Morgan Advisor, giving you visibility and access when you want to make purchases or quickly take advantage of market opportunities.
References
Product availability is subject to qualification and approval. Both client and account eligibility apply.
a. J.P. Morgan Premium Deposit is available for purchase in individual, joint or trust taxable J.P. Morgan Wealth Management brokerage accounts. J.P. Morgan Wealth Management managed, retirement and entity accounts are not eligible. Clients must also be U.S. domiciled and W-9 certified. The maximum total deposit for J.P. Morgan Premium Deposit is $3 million per account.
b. Chase Bank or J.P. Morgan Securities LLC, at their discretion, may also close J.P. Morgan Premium Deposit to new or additional deposits.
Based on comparison to the National Deposit Rates – Savings ($2,500 Product Tier), as published on the National Rates and Rate Caps – Monthly Update as of September 16, 2024.
(https://www.fdic.gov/regulations/resources/rates).
Same-day availability applies to withdrawal requests given to a J.P. Morgan Advisor by 4:00 p.m. Eastern Time on a business day, and generally will be processed on that business day. This product is not intended for clients who need access to funds to pay for daily or recurring expenses. Funds will not be automatically accessed to settle trade activity or to reduce a debit or margin loan on your eligible account.
Deposits placed in J.P. Morgan Premium Deposit are eligible for FDIC insurance up to applicable limits. All deposits at Chase Bank held in the same insurable ownership capacity will be aggregated for purposes of eligibility, including deposits maintained through the J.P. Morgan Chase Deposit Sweep, which may be the sweep vehicle for your investment account. You are responsible for monitoring the total amount held with Chase Bank. For more information about FDIC insurance, please visit the FDIC website at: https://www.fdic.gov/deposit/deposits.
IMPORTANT INFORMATION REGARDING J.P. MORGAN PREMIUM DEPOSIT ELIGIBILITY
Availability of J.P. Morgan Premium Deposit is subject to eligibility criteria including but not limited to account type, initial minimum deposit requirements and balance maximums. These criteria are subject to change at any time at the discretion of J.P. Morgan Securities LLC.
Terms of eligibility, balance requirements and interest rate are subject to change at any time. Chase Bank or J.P. Morgan Securities LLC, in their discretion, may also modify the terms, conditions and procedures relating to J.P. Morgan Premium Deposit. You will be notified of any changes that adversely affect you.
LEARN MORE ABOUT OUR FIRM AND INVESTMENT PROFESSIONALS AT FINRA BROKERCHECK.
To learn more about J.P. Morgan’s investment business, including our accounts, products and services, as well as our relationship with you, please review our J.P. Morgan Securities LLC Form CRS (PDF) and Guide to Investment Services and Brokerage Products.
This website is for informational purposes only, and not an offer, recommendation or solicitation of any product, strategy service or transaction. Any views, strategies or products discussed on this site may not be appropriate or suitable for all individuals and are subject to risks. Prior to making any investment or financial decisions, an investor should seek individualized advice from a personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor's own situation.
This website provides information about the brokerage and investment advisory services provided by J.P. Morgan Securities LLC (JPMS). When JPMS acts as a broker-dealer, a client's relationship with us and our duties to the client will be different in some important ways than a client's relationship with us and our duties to the client when we are acting as an investment advisor. A client should carefully read the agreements and disclosures received (including our Form ADV disclosure brochure, if and when applicable) in connection with our provision of services for important information about the capacity in which we will be acting.
J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA, and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
Investments in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies.
Borrowing with securities as collateral involves certain risks, including the possibility that you may need to deposit additional securities and/or cash in the account to meet a maintenance call, and that securities in the account may be sold to meet the maintenance call. Proper management of your account and a thorough understanding of the conditions that may affect your investments will assist you in effectively using the margin lending program.
Please read additional Important Information in conjunction with these pages.
INVESTMENT AND INSURANCE PRODUCTS ARE: • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, JPMORGAN CHASE BANK, N.A. OR ANY OF ITS AFFILIATES • SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED