| Account Type*† | Bank Sweep Feature | Bank Sweep for Benefit Plans Feature | Schwab One® Interest Feature |
|---|---|---|---|
| Schwab One® Accounts for Individuals | Available | Not available | Available |
| Schwab One® Accounts for Organizations | Available | Not available | Available |
| Schwab One® Accounts for Trusts and Estates | Available | Not available | Available |
| Schwab One International® Accounts | Not available | Not available | Available†† |
| Schwab Global Accounts | Not available | Not available | Not available |
| Individual Retirement, Education Savings, and Health Savings Brokerage Accounts | Available | Not available | Available |
| Benefit Plan Accounts | Not available | Available | Not available |
| Other Retirement Accounts | Not available | Not available | Not available |
*Existing Schwab Brokerage Accounts (an older account type that has not been offered to new clients since 2001) are eligible for the Bank Sweep and Bank Sweep for Benefit Plans features and are ineligible for the Schwab One® Interest and Money Fund Sweep features.
†All clients who are approved for Portfolio Margin will have Schwab One® Interest as their cash feature. By applying for Portfolio Margin, you agree that Schwab will change your existing cash feature to Schwab One® Interest if your application is approved.
‡Pursuant to regulation, retail prime and municipal money funds may only be held in Accounts that are beneficially owned by natural persons. Accounts owned or controlled by entities may not invest in these funds.
§The Money Fund Sweep feature is the Cash Feature for certain managed account programs and ERISA plan accounts.
††Availability depends upon jurisdiction.
**Please refer to your Account Application to determine the Schwab® Sweep Money Funds for which your Account is eligible.
