Grow your savings

Smart ways to earn more

You have many reasons to hold on to cash—for expenses in the near term like vacations, unexpected life events or simply as an emergency fund. But wouldn’t it be nice if your cash could earn more interest than with a typical bank savings or checking account? You may with UBS Bank USA Core Savings (UBS Core Savings)—FDIC-insured1 , up to applicable limits (For more information on FDIC coverage, see footnote 1).

Cash can earn more with UBS Core Savings

With no market or liquidity risk, UBS Core Savings can help you earn competitive yields on your cash while keeping your long-term investment strategy on track. You’ll enjoy more flexibility than with term deposits like Certificates of Deposits (CDs), plus you’ll get 5 withdrawals per month. Additional withdrawals incur a $25 fee or liquidation of the entire UBS Core Savings balance will apply depending on your account type (applicable fees may reduce earnings). Review the UBS Core Savings Disclosure Statement for additional details. Deposits in UBS Core Savings can help you meet your short-term cash needs. Easily transfer funds to and from your account on UBS Online Services, or the UBS Financial Services app or by contacting your UBS Financial Advisor.

Transfers to and from UBS Core Savings are completed through an eligible UBS Financial Services Inc. account.

Start earning more:

Step 1: Set up Electronic Funds Transfer (EFT) service

Click here to learn how to set up EFT

View our video tutorials on how to link your accounts. There are two methods:

Step 2: Deposit cash into UBS Core Savings*

Click here to learn how to make a UBS Bank USA deposit or withdrawal

Not enrolled in UBS Online Services?

Sign up here

Special features

  • You must have an eligible UBS account to initiate an online transfer into UBS Core Savings2. Contact your UBS Financial Advisor if you do not have an eligible UBS Account.
  • Minimum initial deposit of $100.
  • 5 free withdrawals each month. Afer that, withdrawals are $25 each or liquidation of the entire UBS Core Savings balance will apply, depending on your account type (applicable fees may reduce earnings). Review the UBS Core Savings Disclosure Statement for additional details. Simply call your Financial Advisor to withdraw.
  • View your UBS Bank USA Core Savings balance, interest and activity on UBS Online Services, UBS Financial Services Inc. app or your UBS account statement2.
  • Deposits will earn interest at the prevailing UBS Core Savings yield, which vary based on the total amount of eligible deposit balances in your UBS Marketing Relationship and are subject to change.
View current yields

Make the most of your cash based on when you need it, and how you plan to use it.

UBS Bank USA offers a wide range of competitive deposit options that come with the safety of FDIC insurance (up to applicable limits, for more information on FDIC coverage, see footnote 1). By understanding the role of cash and how it fits with your life’s goals, we can help you maintain your lifestyle, while funding your short-term spending needs.

Everyday cash

Get immediate access to funds you can use for day-to-day spending, including paying bills. Earn interest on your available cash in your UBS Financial Services Inc. securities account(s). We offer a variety of competitively priced, deposit solutions that can help you feel confident that your cash is earning interest at every opportunity, including automatic daily sweep of your available cash to UBS Bank USA, or depending on the sweep program, the banks listed at ubs.com/bankprioritylists3; UBS Core Savings for your near-term needs; and UBS Bank USA Certificates of Deposit for your longer-term goals. And, you can manage everyday cash and investments in one place. Simply take advantage of online tools such as mobile check deposit and traditional cash management services.

Learn more

Savings cash

Money you keep on hand as an emergency fund or for large near-term expenses, like unexpected life events, a vacation or a new car. Options like UBS Core Savings give you more flexibility than term deposits like CDs.

Investment cash

In general, investment cash is left untouched for a period of time so you can benefit from higher rates, which may carry additional market/credit risks and fees. It’s typically a part of your asset allocation and can include cash and cash alternatives, such as CDs.

Questions? Connect with your UBS Financial Advisor.

1 UBS Bank USA is a member of the Federal Deposit Insurance Corporation (FDIC). Funds on deposits at UBS Bank USA are eligible for FDIC insurance up to $250,000 (including principal and accrued interest) per depositor for each insurable capacity (e.g., single, joint, etc.) in which the deposit is held. For purposes of FDIC insurance, your deposits will be aggregated with your other deposit balances held in the same insurable ownership capacity at UBS Bank USA, including any UBS Bank USA issued certificates of deposit you own, UBS Bank USA Core Savings deposits, and deposits placed at UBS Bank USA through participation in the UBS Bank Insured Sweep Programs and the UBS FDIC-Insured Deposit Program or through sweep programs offered by third-party broker-dealers. You are responsible for monitoring the total amount of deposits at UBS Bank USA in order to determine the extent of FDIC deposit insurance coverage. FDIC deposit insurance only covers the failure of an insured bank.  UBS Financial Services Inc. is not an FDIC-insured bank.  Certain conditions must be satisfied for deposit insurance coverage to pass through to clients’ funds placed by UBS Financial Services Inc. at FDIC-insured banks. For more information about FDIC insurance, please visit the FDIC website at fdic.gov/deposit/deposits.              

2Only non-advisory accounts can execute online UBS Core Savings deposits and withdrawals. Visit ubs.com/bankingvideos to learn how to make an online deposit or set up funds transfer capabilities.

3 UBS Financial Services Inc. (“UBS FSI”) offers various cash sweep options. Your eligibility for a particular sweep program is set forth in the Account Agreements and Disclosures, which may be viewed at ubs.com/accountdisclosures. Depending on the particular sweep program, the available cash balances in your securities account at UBS FSI will be automatically deposited into deposit accounts at: (i) UBS Bank USA (“UBS Bank”), a Federal Deposit Insurance Corporation (“FDIC”) member bank that is affiliated with UBS FSI; or (ii) other participating banks whose deposits are FDIC insured (“Program Banks”). The current lists of Program Banks participating in the UBS Insured Sweep Program and the UBS FDIC-Insured Deposit Program are set forth in UBS Bank Priority Lists, which is available online at ubs.com/bankprioritylists. FDIC insurance protect funds that have been deposited at UBS Bank and the Program Banks, provided that the requirements for deposit insurance have been met. FDIC deposit insurance only covers the failure of an insured bank. UBS FSI is not an FDIC insured bank. Certain legacy UBS FSI accounts that enrolled in a sweep program prior to November 18, 2019 may also sweep to UBS AG, Stamford Branch. Deposits held at UBS AG, Stamford Branch are not insured by the FDIC, Securities Investor Protection Corporation (“SIPC”), or any governmental agency of the United States, Switzerland or any other jurisdiction. You client can view the current yields for the sweep options at ubs.com/sweepyields. For more information about UBS cash sweep programs, please see UBS FDIC-Insured Deposit Program Disclosure Statement and UBS Bank Sweep Programs Disclosure Statement or contactyour Financial Advisor.

About UBS Bank USA

UBS Bank USA is a member of the Federal Deposit Insurance Corporation (“FDIC”). Funds on deposit at UBS Bank USA are insured by the FDIC up to the maximum limits allowed by law. You are responsible for monitoring the total amount of deposits at UBS Bank USA. For more information about FDIC insurance, please visit the FDIC website at fdic.gov/deposit/deposits.              

Please carefully review the UBS Bank USA Core Savings Disclosure Statement available at ubs.com/coresavingsdisclosure. UBS Bank USA Core Savings deposits are made through an account at UBS Financial Services Inc., an affiliate of UBS Bank USA. UBS Financial Services Inc., as your agent and custodian, will open a deposit account with UBS Bank USA. Certain advisory accounts, non-resident aliens and financial institutions are not eligible for UBS Bank USA Core Savings. Please see the UBS Bank USA Core Savings Disclosure Statement for a full list of eligible accounts. Ask your Financial Advisor for more information.

UBS Bank USA Core Savings is not intended for clients who need to have frequent access to their funds. For non-advisory accounts, UBS Financial Services Inc. will charge you a fee of $25 for each withdrawal that you make from UBS Bank USA Core Savings in excess of five (5) withdrawals in a calendar month. For advisory accounts, if you make more than five (5) withdrawals in any calendar month, your entire UBS Bank USA Core Savings position (principal plus accrued interest) will be liquidated at the sixth (6th) withdrawal and deposited in your advisory account. Your funds will not be automatically re-deposited into UBS Bank USA Core Savings the following month. If you would like to deposit into UBS Bank USA Core Savings again, you may instruct your Financial Advisor to transfer funds back into UBS Bank USA Core Savings. For these purposes, a withdrawal will be considered to occur on the day on which the funds are actually withdrawn from UBS Bank USA Core Savings, which may not be the same day on which you place an order for the withdrawal with your Financial Advisor. Any applicable fees will be posted to your account at UBS Financial Services Inc. the business day following the excess withdrawal, and may reduce your earnings. You may incur a withdrawal fee or your position may be liquidated, as applicable, even if the withdrawal is involuntary such as if a withdrawal is made by UBS Financial Services Inc. to meet a margin call.

UBS Bank USA is a subsidiary of UBS Group AG. UBS Bank USA, Member FDIC, NMLS no. 947868.

About UBS Financial Services Inc.

The Resource Management Account (RMA), Business Services Account BSA and International Resource Management Account (IRMA) are brokerage accounts with UBS Financial Services Inc., a registered broker-dealer and a Member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). An explanatory brochure is available upon request or at sipc.org. The RMA, Business Services Account BSA and IRMA provide access to cash management products and services through arrangements with affiliated banks and other third-party banks, and provide access to insurance and annuity products issued by unaffiliated third-party insurance companies through insurance agency subsidiaries of UBS Financial Services Inc. UBS Financial Services Inc. is not a bank.

Investment, insurance and annuity products: Not FDIC insured • Not a deposit • No bank guarantee • May lose value

This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation to buy or sell a CD or to participate in any trading strategy. The CDs discussed may not be suitable or in the best interest for all investors and will depend on individual investors’ circumstances and objectives. You should carefully review the CD Disclosure Statement, any supplement to the Disclosure Statement and your trade confirmation for the terms of the CD, including the time periods when the issuer may call the CD.

You should compare the rates of return and other features of the CDs to other available investments before deciding to purchase a CD. The rates paid with respect to the CDs may be higher or lower than the rates on deposits or other investments available directly from the issuer or through the firm.

The Securities and Exchange Commission periodically publishes tips for investors in various financial products, including CDs, on its website. You may access these investor tips at sec.gov.

CDs at an issuing bank are eligible for FDIC insurance up to the maximum limits allowed by law. The FDIC’s regulations impose conditions for obtaining FDIC insurance coverage for deposits held through agents, such as UBS Financial Services Inc. These conditions include recordkeeping requirements applicable to the agent. FDIC deposit insurance only covers the failure of an insured bank. UBS Financial Services Inc. is not an FDIC-insured bank.

UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member FINRA. Member SIPC.

© UBS 2024. The key symbol, UBS, Resource Management Account, RMA, Business Services Account BSA, International Resource Management Account and IRMA are among the registered and unregistered trademarks of UBS. All rights reserved.

20240905-3806720; Exp. 9/05/2025