Upgrade your low-yielding checking account with an Invesco Cash Management Account
Invesco CMA
What is it about?
Upgrade your low-yielding checking account with an Invesco Cash Management Account. Invesco CMAs combine the convenience and liquidity of a traditional bank account with yields more than 35 times higher.*
App Store Description
Upgrade your low-yielding checking account with an Invesco Cash Management Account. Invesco CMAs combine the convenience and liquidity of a traditional bank account with yields more than 35 times higher.*
Invesco Cash Management Accounts:
• Provide higher yields than typical checking accounts by investing in money market and/or bond funds.
• Allow you to instantly access your money via an investment debit card, ATM withdrawal, P2P transfer and
online bill pay.
• Allow you to easily fund your account via direct deposit or ACH.
The money market and bond funds are registered with the Securities and Exchange Commission and are managed by Invesco, a global investment management company with $1.2 trillion in assets under management as of June 30, 2019.
* As of December 12, 2019, the national average interest rate was 6 basis points for checking accounts and 10 basis points for savings accounts; for the Invesco funds in the CMAs, the yield ranged from about 230 to 300 basis points.
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