We’ve got your cash management needs covered—from our Janney Advantage® Account with check writing, debit card for purchases, and ATM transactions and electronic bill paying capabilities, to an FDIC-insured cash “sweep” account that spreads your savings among multiple banks for greater protection.
Janney Insured Sweep
Janney Insured Sweep(1) provides up to $2,500,000 in FDIC insurance and competitive interest rates. How does it work? Our single “sweep” account spreads your cash among multiple FDIC-insured banks to offer a combined level of insurance, which is greater than that of any single bank. For more information on FDIC insurance, please visit www.fdic.gov/.
Taxable and Tax-Free Money Market Funds
Choose a taxable or tax-free money market fund—a type of mutual fund that invests in high-quality, short-term debt instruments, cash, and cash equivalents—to match your investing needs(2). We will work with your to determine which is best for you.
Debit Cards
The Janney Advantage®(3) VISA® Platinum Debit Card provides worldwide purchasing power to millions of merchants. Member benefits include roadside service, extended warranty, and travel accident insurance, auto rental collision damage waiver protection, and the CompleteAssistant® concierge service.
Bill Pay
Your Janney Advantage® account allows you to pay bills online to any creditor with a U.S. address, including merchants, utility companies, individuals, or businesses. You can choose from a pre-established list of common merchants or create a personal list of individuals and companies. You also have the option of making a single payment or establishing a payment schedule. Bill Pay transactions can be made through Janney’s Online Access web portal at www.myjanney.com.
For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.
1. Janney Insured Sweep seeks to provide clients with FDIC insurance coverage potential of at least $2,500,000 per account holder; $5,000,000 for joint accounts; $2,500,000 for retirement accounts. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each ownership category.
2. An investment in a money market fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although money market funds seek to maintain a stable value, it is possible to lose money by investing in a money market fund. For more complete information on the money market fund options, including fees and expenses, please request a brochure and prospectus. Please read the prospectus carefully before investing or sending money. Please refer to your Janney Account Agreement or ask your Financial Advisor to discuss your account’s eligible sweep investment options.
3. Terms and conditions subject to change: see www.janney.com/cash, Janney Advantage Terms and Conditions
