TD Ameritrade Makes Managing Cash More Convenient for Investors
New Online Cash Services offer investors simple, seamless access to their cash
OMAHA, Neb.--(BUSINESS WIRE)-- Investors can now more simply and conveniently manage their cash – without incurring access fees – thanks to newly enhanced, Online Cash Services from TD Ameritrade, Inc. (“TD Ameritrade”), a broker dealer subsidiary of TD Ameritrade Holding Corporation.
Online Cash Services at TD Ameritrade now includes the following services – all available free* of charge:
- Check writing
- Debit cards with unlimited nationwide ATM fee rebates
- Online bill pay
- Internal and external money movement
“Our clients have told us that they want one central place to easily access cash and react quickly – whether it be to pay a bill or take advantage of opportunities in the market. And they don’t want to be burdened by unreasonable fees, especially given the current environment,” said Ram Subramaniam, head of products at TD Ameritrade. “These enhanced Online Cash Services make moving money between accounts immediate and seamless, and give investors access to their own money – free of charge.”
Additionally, funds held in TD Ameritrade’s primary cash sweep account – the Insured Deposit Account – are FDIC-insured, up to $250,000 per depositor, per bank. Since cash in this account is held by TD Bank N.A and TD Bank USA, N.A., or both, client cash in retirement and single-owner accounts is covered up to $500,000, and client cash in joint accounts is covered up to $1 million.
For more information on TD Ameritrade’s Online Cash Services, visit www.tdameritrade.com.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NASDAQ: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 36 years. An official sponsor of the 2012 U.S. Olympic Team, TD Ameritrade has time and again been recognized as a leader in investment services. Please visit the TD Ameritrade’s newsroom or www.amtd.com for more information.
Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org)
Investment Products: Not FDIC Insured * No Bank Guarantee * May Lose Value
*Bill pay, check-writing privileges, and debit cards are provided free of charge. Fees for checks in quantities over 100, stop payment, and returned checks apply. A funded TD Ameritrade account, a personal computer, Internet access, and an appropriate Web browser are required to use the online bill pay services. TD Ameritrade will not charge you a fee for withdrawing funds from any ATM nationwide. Should the ATM operator charge you a fee, TD Ameritrade will refund the amount of the fee assessed. TD Ameritrade prohibits the fraudulent or excessive use of ATMs and reserves the right to modify or discontinue the ATM fee rebate at any time. Additional terms and conditions apply. See TD Ameritrade website at www.tdameritrade.com for more details.
Cash in a TD Ameritrade FDIC Insured Deposit Account is held at TD Bank, N.A. and TD Bank USA, N.A., affiliates of TD Ameritrade. Deposit accounts offered by participating institutions are eligible for Federal Deposit Insurance Corporation (FDIC) insurance up to $250,000. Limits are per account ownership per institution. Please monitor your entire deposit to ensure it does not exceed the coverage limit. To learn more about FDIC coverage go to www.FDIC.gov.
AMTD-G
CONTACT:
TD Ameritrade Holding Corporation
For Media:
Christina Goethe, 201-369-8541
Communications & Public Affairs
christina.goethe@tdameritrade.com
or
For Investors:
Jeff Goeser, 402-597-8464
Investor Relations & Finance
jeffrey.goeser@tdameritrade.com
KEYWORDS: United States North America Nebraska
INDUSTRY KEYWORDS: Professional Services Accounting Banking Finance Insurance
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