Vanguard Cash Plus & Money Market Rates
Latest rate data:
Savings Accounts
Vanguard Cash Plus
Bank sweep / cash account · FDIC
3.50%
APY
The provider disclosed an automatic 0.25 percentage-point APY boost through September 30, 2026. Check the provider for the current base rate and promotion status.
Account details & sources
Bank sweep through participating banks; Vanguard is not a bank.
No ATM card or checkwriting. E-delivery waives the account service fee; transfer holds and limits apply.
The graph shows the APY including the automatic boost. Base-only readings between matching 3.35% observations are shown as an inferred 3.35%; they are not independently observed boosted rates. Leading, trailing, and conflicting readings are not filled. Raw records are unchanged.
Selected terms reviewed 2026-09-05 · Provider source
Compare fees, requirements, and alternativesIncludes the boost. Some intervening days are inferred; see account details.
Money Market Funds
Vanguard Cash Reserves Federal
Money Market Fund • VMRXX
3.82%
7-day SEC yield
State tax · 2025
U.S. government income: 69.58%. Vanguard 2025 tax report
Meets the California, Connecticut and New York fund thresholds. State rules apply.
Vanguard Treasury
Money Market Fund • VUSXX
3.87%
7-day SEC yield
State tax · 2025
U.S. government income: 100%. Vanguard 2025 tax report
Meets the California, Connecticut and New York fund thresholds. State rules apply.
Vanguard Municipal
Money Market Fund • VMSXX
2.40%
7-day SEC yield
State tax · 2025
State exemption varies by state. Vanguard 2025 tax report
Utah state-exempt income: 29.59%. Utah supplement
Other state exemptions require the applicable state rules and fund allocation. AMT may apply.
Vanguard Federal
Money Market Fund • VMFXX
3.81%
7-day SEC yield
State tax · 2025
U.S. government income: 66.61%. Vanguard 2025 tax report
Meets the California, Connecticut and New York fund thresholds. State rules apply.
Vanguard New York Municipal
Money Market Fund • VYFXX
2.32%
7-day SEC yield
State tax · 2025
New York state-exempt income: 100%. Vanguard 2025 tax report
Other state exemptions require the applicable state rules and fund allocation. AMT may apply.
Vanguard California Municipal
Money Market Fund • VCTXX
1.97%
7-day SEC yield
State tax · 2025
California state-exempt income: 100%. Vanguard 2025 tax report
Other state exemptions require the applicable state rules and fund allocation. AMT may apply.
Vanguard 0-3 Month Treasury
ETF • VBIL
3.76%
30-day SEC yield
State tax · 2025
U.S. government income: 100%. Vanguard 2025 tax report
Meets the California, Connecticut and New York fund thresholds. State rules apply.
Cash Plus or a Vanguard fund?
Cash Plus earns bank sweep APY. Vanguard money-market funds earn investment yields; their return and protections differ from bank deposits.
- Cash Plus
- The bank sweep has no minimum balance. The provider disclosed an automatic 0.25 percentage-point boost through September 30, 2026. Confirm its current rate and promotion status before moving cash. Source
- Access and protection
- Cash Plus does not issue checks or an ATM card. Bank sweep deposits are eligible for FDIC coverage through program banks; money-market investments are not FDIC-insured. Review transfer holds and existing deposits at those banks. Source
Guide terms reviewed September 5, 2026. Provider terms may change.