NEW: High-Yield Cash Account With Promotional 5.8% APY
We’re boosting your cash by 5.8% APY* to celebrate the launch of our new high-yield cash account.
Published 9.5.2024
Here at Origin, we’re rolling out a lot of new features this month, and one that we’re especially excited about is our new high-yield cash account, which maximizes your idle cash.
We’re launching these new accounts with an extra special promotion: Account holders will get 5.8% APY* for their first three months. After that, you’ll get the standard APY, which is currently 5.52%** — which is already an incredible market-beating rate.
Why are we boosting an already competitive rate? Because we want to give your money-maximizing journey powerful momentum right from the start. Creating a cash account at this rate is a wealth-building no-brainer — and it’s an easy step to take that our CFPs® highly recommend.
Our cash accounts are designed to be a place where you store the money you might need access to in the near future; there are no withdrawal fees or account minimums, so it’s easy to have your money in hand when you need it. You can use these accounts however you please, and our financial professionals note that they’re especially good for your emergency fund, or for growing money that you’ll use for your financial goals in the near future.
“Investing is great for longer term stuff,” Origin Product Specialist Matt Shapiro, CFP®, says. But, for example, “if you're saving for a down payment and you want to buy a house in a year and a half, the cash account makes a lot more sense.”
It’s easy to open an account. Just head over to the Invest tab and click “Get Started” on the Cash Account tile. We’ll ask you a few questions about yourself, verify your identity, and ask you how you want to fund your account — and it’s even easier if you already have an Origin invest account. Once your deposit is funded (it normally takes between 1-3 business days), you’ll be on your way to growing your savings with our high-yield APY. (And of course, we’re checking all the boxes; these accounts are FDIC insured through our program banks for deposits up to $250,000.***)
With these new cash accounts, we’re making putting your money to work a no-brainer.
Disclaimer:
Disclaimers: *This Promotion is available to eligible new and existing users who open a new Cash Management Account. Receive an increased APY of 5.80% for 90 days on balances up to $50,000. Standard APY applies to higher balances. Account must be funded within 30 days of opening to qualify. Promotion subject to change and may be terminated without notice. Interest forfeited if account closed before the end of the promotional period. Tax liabilities apply. Full terms and conditions apply. **The Cash Management Account (APY) is 5.52% as of August 19, 2024. APY is variable and subject to change at any time. No minimum opening deposit or minimum balance is required. ***Origin is not an FDIC-insured depository institution. FDIC insurance is provided through Program Banks and protected by the FDIC’s insurance coverage up to the maximum deposit insurance limits. Blend Financial Inc. DBA Origin Financial and its affiliated entities (collectively, “Origin”) are not banks, and Origin is not an FDIC-insured depository institution. The Cash Management Account (the “Account”) is not a checking or savings account. The Account is offered within the Origin application, through a sweep arrangement with DriveWealth LLC, utilizing DriveWealth’s program banks (each, a “Program Bank”, and together, the “Program Banks”). Balances associated with the Account are held by the Program Banks and protected by the FDIC’s insurance coverage up to the maximum deposit insurance limits through the applicable Program Bank. The Account is not offered by Origin Investment Advisory LLC and is not an investment advisory service. Advisory services are offered through Origin Investment Advisory LLC ("Origin RIA"), a Registered Investment Adviser registered with the Securities and Exchange Commission and a wholly-owned subsidiary of Blend Financial Inc. DBA Origin Financial. Origin RIA's registration as a Registered Investment Adviser does not imply a certain level of skill or training. The information contained herein should in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services. All content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions.