BIDP Tiered Rates

BIDP Tiered Rates

For eligible accounts participating in the BIDP, interest rates will be tiered based on aggregate household assets (“Interest Rate Tiers”). This means that investors with higher household asset balances can at times have the ability to earn better interest rates. IRA accounts participating in one of our advisory programs are not eligible to participate in the BIDP Tiered Rate program.

Rates effective as of 03/31/23

Household Assets with D.A. Davidson Current Interest Rates (APR) Annual Percentage Yield (APY)*
$10,000,000 and Above 2.50% 2.50%
$5,000,000 - $9,999,999 2.25% 2.25%
$2,000,000 - $4,999,999 2.25% 2.25%
$1,000,000 - $1,999,999 2.00% 2.00%
$250,000 - $999,999 1.50% 1.50%
$0 - $249,999  0.75% 0.75%

*The APY measures the total amount of interest paid on an account based on simple interest rate calculated daily and compounded and credited on a monthly basis. D.A. Davidson reserves the right to change its asset tiers and interest rates at any time without notice.