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.