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Review · Money

Webull Cash Management review

An opt-in sweep program for Webull brokerage cash that spreads settled cash across FDIC-member banks.

By the Comredix review desk · Updated November 13, 2026

Quality (40%)
7.8
Experience (25%)
7.8
Value (35%)
8.2

Webull Cash Management fits investors who trade on Webull and want settled cash to earn a rate. Webull Premium subscribers earn 3.60% APY on uninvested cash, and Premium costs $40 a year, which is cheaper than Robinhood Gold's $5 a month for a similar rate. You opt into the program in account settings, and funds added before the afternoon sweep at about 12:00 PM ET start earning the same day. Settled cash is spread across multiple FDIC-member banks for up to $5,000,000 of coverage, and the program has zero maintenance fees. Webull lists debit card, ACH and wire funding and access on desktop, mobile and WebTrade. The limits are clear from the page: the 3.60% rate applies to individual and joint cash accounts with Premium, and Webull does not publish the rate for non-subscribers there. There is no debit card spending or checkwriting on the cash itself.

Who it is for

Webull traders with Premium who want a rate on settled cash

Price

Webull Premium at $40 a year; 3.60% APY on uninvested cash.

Subscribe Today for Only $40.00 Annually
Quoted from the vendor pricing page on November 13, 2026.

Key features

  • 3.60% APY on uninvested cash with Webull Premium
  • FDIC coverage up to $5,000,000 for settled cash across multiple FDIC-member banks
  • Zero maintenance fees
  • Same-day sweep for funds added before about 12:00 PM ET
  • Access across Webull Desktop, mobile app and WebTrade

Strengths and weaknesses

  • Strength: Premium costs $40 a year, less than Robinhood Gold's $5 a month
  • Strength: Up to $5 million of FDIC coverage
  • Strength: Funding by debit card, ACH or wire
  • Weakness: The 3.60% APY requires Webull Premium
  • Weakness: Webull's page does not show the rate without Premium
  • Weakness: Individual and joint cash accounts only for the Premium rate

Key facts

  • APY: 3.60% with Webull Premium
  • Premium cost: $40 a year
  • FDIC coverage: Up to $5,000,000 for settled cash
  • Sweep cutoff: About 12:00 PM ET

Where it ranks

Webull Cash Management is No. 8 in our Best Cash Management Accounts verdict.

Alternatives we scored

Visit webull.com · Questions or corrections: editorial@comredix.com