When running a business, it’s vital to have access to savings that can help carry you through slow periods or unpredictable markets. If you’re in the fortunate position to have more money in the bank than you had plans for, it can be hard to know how to make the most of it. When your extra cash is sitting idle, it’s not working as hard as it could be for your business.
That’s why we’re making it easier for small businesses to invest their money—with expanded access to Bluevine Treasury.BVSUP-00129
We built Treasury to help businesses make the most of their extra savings, so you can get higher returns on money that would otherwise be left waiting in a lower-yield account. In addition to earning high APYBVSUP-00147 on funds in your checking account, Bluevine customers can use Treasury to invest extra cash for even higher returns, making it a great complement to the Bluevine Business Checking account.
What you need to know
- Bluevine Treasury is an exclusive investment option available to Bluevine customers.
- We’ve expanded access to Treasury so more Bluevine checking customers can invest their extra cash.
- Now businesses can earn returns on investments in Treasury, in addition to getting high interest on balances in their checking account.*
What is the Bluevine Treasury account?
We built Treasury to give Bluevine customers an exclusive investment option that allows them to put extra cash into low-risk and mid-risk institutional funds. When an investment earns a return, monthly dividends are deposited directly into the Treasury account, which can be accessed from the Bluevine dashboard.
How we expanded access to our Treasury account
Treasury is now available to all Bluevine customers, so more businesses can access higher returns on their cash. If you’re a Bluevine Business Checking customer with at least a $50,000 balance across your main account and sub-accounts, then you can apply for Treasury.
If approved, you can choose to invest as much or as little of your cash as you want across two fund options. This way, you’re in control of your money, and idle cash can work harder for your business.
Bluevine Tip
Bluevine Premier customers can access a Treasury account without needing to meet a minimum balance, in addition to earning 3.5%% annual percentage yield (APY) on their checking balances.**
How Treasury and Bluevine Business Checking work together
We’ve also made it easy to invest and manage your business’s cash flow in one place. Bluevine customers can allocate funds and seamlessly move money between their checking and Treasury accounts from a single dashboard. So, in addition to earning high APYBVSUP-00147 on operational balances, extra cash can be invested into Treasury to earn even higher returns.
When it’s time to sell investments, your securities will be converted back into cash in just a few days. Then you can deposit it right into your Bluevine checking account, where it will be available to help budget, pay bills, and run your business.
Did you know?
With Bluevine Treasury, you’re in complete control. When setting up your account, you tell us your risk appetite, and we make a suggestion for allocating your cash between two low- and mid-risk institutional funds. Then you choose how you’d like to invest.***
The importance of maximizing your extra cash
If you’ve found yourself in the position of having excess cash or are experiencing sustained cash flow surplus, you may not know what to do with the money. While many businesses rely on savings to provide float through slow periods or cover seasonal bills, others may have relatively stable expenses. In either situation, making the most of extra cash can get you higher returns for your business.
Potential returns on investments will often be higher than the interest businesses earn on savings or checking balances, depending on the current yield. So while Bluevine customers can earn up to 18x the national average APY,BVSUP-00007 investing extra cash in a Treasury account could earn higher returns, which can make a difference when interest rates change.
As with all investments, it’s important to note that past performance doesn’t predict future outcomes. Generally, investing in Treasury funds is considered relatively stable and low risk when compared to other investment options, making it a good choice for small businesses looking to make returns on cash.
Bluevine Treasury FAQs
Is Treasury a good fit for my business?
A Bluevine Treasury account is a good fit for any business looking to invest extra cash that would otherwise not make returns for the business. You can invest as much or as little as you want in the Treasury funds available, as well as reallocate your investment at any time.
How do I get access to a Treasury account?
Bluevine Business Checking customers can apply for Treasury if they maintain a $50,000 balance in their Bluevine checking account. Premier plan customers can get access with no minimum balance.
Is there a minimum amount I need to invest?
No, once you’ve activated your Treasury account, you can invest as much or as little as you want.BVSUP-00150
Are there any fees associated with Bluevine’s Treasury account?
You won’t pay any fees to open an account. There is a management fee of 0.05%, which is based on the average daily balance of your Treasury positions. There will also be brokerage and other transaction costs. You can find more information on Treasury fees here.
Is my Bluevine Treasury account insured?
Bluevine Treasury customers get up to $500,000 in SIPC insurance. This protects customers when a SIPC member fails, but it doesn’t protect against losses in the market value of an investment. Funds held in a Bluevine Treasury account aren’t FDIC insured. See how SIPC and FDIC insurance differ.BVSUP-00129
Treasury services are provided to Bluevine Advisory customers by Pershing LLC, a registered broker-dealer and member of FINRA and SIPC.
How should I allocate my Treasury funds?
You can decide whether to invest in one or both of our available Treasury funds, and you can change your allocations at any time. When you set up your Treasury account, we’ll make recommendations based on a survey that assesses your risk appetite and goals. You can choose between a relatively mid-risk fund or a conservative fund, or allocate money to both. In the end, you’re in complete control—how you choose to invest is up to you.BVSUP-00189
What investment options are available with Treasury?
There are two funds available, and you can choose to invest in one or both of them.BVSUP-00190
BlackRock High Yield Portfolio Fund Institutional Shares (BHYIX)
The BHYIX fund invests primarily in non-investment grade bonds with maturities of 10 years or less. The Fund usually invests at least 80% of its assets in high yield investments and is relatively mid-risk.
Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUAIX)
A conservative fund that invests in ultra short-term instruments like commercial paper and certificates of deposit.
*Premier and Plus plan customers automatically earn annual percentage yield (“APY”) on their available balances. Standard plan customers will earn interest on their available balances if they meet an eligibility requirement as detailed in the Terms of Interest Accrual which is incorporated as a part of the Bluevine Business Checking Account Agreement.
**Premier and Plus plan customers automatically earn annual percentage yield (“APY”) on their available balances. Standard plan customers will earn interest on their available balances if they meet an eligibility requirement as detailed in the Terms of Interest Accrual which is incorporated as a part of the Bluevine Business Checking Account Agreement. Bluevine Premier is subject to a $95 monthly fee. Bluevine Plus is subject to a $30 monthly fee.
***When recommending an investment mix, Bluevine asks questions to understand the customer’s risk appetite in terms of overall risk tolerance, duration, and priority. Each answer is rated low to high risk tolerance and a recommendation is formulated based on the blended appetite across answers. Ultimately, it is up to the customer to choose how to allocate their funds.
For additional information about Bluevine Advisory and Atomic Invest, please see the SEC’s Investment Adviser Public Disclosure (IAPD) website. For additional information about Pershing Advisor Solutions LLC, please see FINRA’s BrokerCheck website. Cash and securities held in investment accounts advised by Bluevine Advisory are (1) not insured by the FDIC, (2) not bank deposits or obligations, and (3) are not guaranteed and may lose value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.
Bluevine Advisory’s marketing content is for informational purposes only and does not constitute a comprehensive description of Bluevine Advisory’s investment advisory services. Nothing in Bluevine Advisory’s marketing content should be considered an offer, solicitation of an offer, or advice to buy or sell securities, or investment products. Investment results fluctuate and are not guaranteed. Investment returns are subject to market conditions. There is no guarantee of future investment returns. Investing in securities involves significant risks, including the loss of your entire investment. Past performance does not indicate future results.
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