Earn a 5.37% yield1 with a Treasury account
THE ATOMIC TREASURY INVESTMENT ACCOUNT4 | HIGH YIELD SAVINGS ACCOUNT | REGULAR SAVINGS ACCOUNT | |
---|---|---|---|
YIELD* | T-Bills tend to offer higher yields than high-yield savings accounts. Yields are fixed for each T-Bill held in your account. | Yields are typically lower than a Treasury investment account and can fluctuate at any time, and payment of interest is not guaranteed. | Yields are a fraction of what a high-yield account or Treasury investment account may offer, and payment of interest is not guaranteed. |
TAXES** | Earned interest is exempt from state and local taxes, so you can keep more of your money. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. |
SECURITY | Protected by SIPC but not insured by the Federal Deposit Insurance Corporation. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. |
*This is the money you are paid from investing in T-Bills or keeping your money in savings accounts.
**Earned interest generated from these accounts is typically taxed—just like your paycheck. Federal tax is due each year on earned interest.
Congratulations on making the most of your membership!
THE ATOMIC TREASURY INVESTMENT ACCOUNT4 | HIGH YIELD SAVINGS ACCOUNT | REGULAR SAVINGS ACCOUNT | |
---|---|---|---|
YIELD* | T-Bills tend to offer higher yields than high-yield savings accounts. Yields are fixed for each T-Bill held in your account. | Yields are typically lower than a Treasury investment account and can fluctuate at any time, and payment of interest is not guaranteed. | Yields are a fraction of what a high-yield account or Treasury investment account may offer, and payment of interest is not guaranteed. |
TAXES** | Earned interest is exempt from state and local taxes, so you can keep more of your money. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. |
SECURITY | Protected by SIPC but not insured by the Federal Deposit Insurance Corporation. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. |
*This is the money you are paid from investing in T-Bills or keeping your money in savings accounts.
**Earned interest generated from these accounts is typically taxed—just like your paycheck. Federal tax is due each year on earned interest.
T-Bills are short-term debt securities issued by the U.S. Government. They’re sold in increments of $100 and mature in less than a year.
Once you’ve deposited money into your Atomic Treasury account, T-Bills are purchased for you at a discount and are held to maturity (unless you withdraw money early). Your earnings and principal are automatically reinvested into new T-Bills of the same term.
Because T-Bills are backed by the full faith and credit of the U.S. Government, they’re nearly risk-free if held for the entire term.
It varies, but for example — a $1,000 T-Bill may cost $995.82 to purchase, generating an income of $4.18 over a 4-week period. This equates to 5.37% annualized yield.1
THE ATOMIC TREASURY INVESTMENT ACCOUNT4 | HIGH YIELD SAVINGS ACCOUNT | REGULAR SAVINGS ACCOUNT | |
---|---|---|---|
YIELD* | T-Bills tend to offer higher yields than high-yield savings accounts. Yields are fixed for each T-Bill held in your account. | Yields are typically lower than a Treasury investment account and can fluctuate at any time, and payment of interest is not guaranteed. | Yields are a fraction of what a high-yield account or Treasury investment account may offer, and payment of interest is not guaranteed. |
TAXES** | Earned interest is exempt from state and local taxes, so you can keep more of your money. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. |
SECURITY | Protected by SIPC but not insured by the Federal Deposit Insurance Corporation. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. |
*This is the money you are paid from investing in T-Bills or keeping your money in savings accounts.
**Earned interest generated from these accounts is typically taxed—just like your paycheck. Federal tax is due each year on earned interest.
It pays to go plus — up to $500/year in cash rewards and exclusive savings.1 Join for just $49 a year to get access to our insurance assistant and more:
Earn cash for making smart decisions with eligible products4 on NerdWallet — and for the smart financial moves you’re already making.
Get exclusive access to Atomic’s Treasury account, which has a 5.37% yield.5 Plus, its interest income is exempt from state and local income taxes.
Send our NerdWallet writers your questions about financial topics like credit, debt, budgeting, and insurance, and they’ll get you a reply within 2 business days.
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After joining NerdWallet+, log in to your NerdWallet account and link your current auto or property insurance policy. Our insurance assistant takes over from there – continually shopping around for you and gathering quotes from national and regional carriers.
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2Must have a policy with one of our 100+ supported carriers TK TK TK
3As of xx/xx/xxxx TK TK TK
4All eligible products require partner approval. See partner terms and conditions before applying.
5Yields may vary based on dates of issuance and maturity. Yield is an annualized [N]-week T-Bill rate when held to maturity as of [xx/xx/xx] [date must be within the last 7 days]. The rate shown is subject to price fluctuation and is net of fees. T-Bills are purchased at a discount to par (par = $1,000), with the price being subject to market fluctuation. The amount of T-Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield. In general the bond market is volatile, and fixed income securities carry interest rate risk. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income securities also carry other risks, including inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Income earned on Treasuries is exempt from state and local taxes, but taxable by the federal government.
THE ATOMIC TREASURY INVESTMENT ACCOUNT4 | HIGH YIELD SAVINGS ACCOUNT | REGULAR SAVINGS ACCOUNT | |
---|---|---|---|
YIELD* | T-Bills tend to offer higher yields than high-yield savings accounts. Yields are fixed for each T-Bill held in your account. | Yields are typically lower than a Treasury investment account and can fluctuate at any time, and payment of interest is not guaranteed. | Yields are a fraction of what a high-yield account or Treasury investment account may offer, and payment of interest is not guaranteed. |
TAXES** | Earned interest is exempt from state and local taxes, so you can keep more of your money. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. | Earned interest is subject to state and local taxes, which can be hefty in areas with high tax burdens. |
SECURITY | Protected by SIPC but not insured by the Federal Deposit Insurance Corporation. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. | Insured by the Federal Deposit Insurance Corporation up to maximum limits allowed by law. |
*This is the money you are paid from investing in T-Bills or keeping your money in savings accounts.
**Earned interest generated from these accounts is typically taxed—just like your paycheck. Federal tax is due each year on earned interest.
THE ATOMIC TREASURY INVESTMENT ACCOUNT3
T-Bills tend to offer higher yields than high-yield savings accounts. Yields are fixed for each T-Bill held in your account.
REGULAR SAVINGS ACCOUNT3
Check back soon — we’ll continue to refresh your report so you always know if you have a good deal.
Once you’ve deposited money into your Atomic Treasury account, T-Bills are purchased for you at a discount and are held to maturity (unless you withdraw money early). Your earnings and principal are automatically reinvested into new T-Bills of the same term.