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.The sweep program does pay interest but currently it is only 001 for all balances see other TDA cash sweep options below. For example Fidelity has Fidelity Government Money Market Fund SPAXX Fidelity Treasury Fund FZFXX and FCASH.
![Cash Sweep Helps You Pay Debt Or Earn Higher Interest Financial Accounting Accounting And Finance Cash Sweep](https://i.pinimg.com/736x/25/ac/24/25ac24a9246c5f9ebc2dbbac1c1a0ead.jpg)
The sweep program does pay interest but currently it is only 001 for all balances see other TDA cash sweep options below. You win the most money if you get within the 1st 2nd or 3rd tier of the draw but there are also Starter and Consolation prize sections as well. The concept of a cash sweep is quite simple excess cash in a borrowers account is converted into a debt payment at the end of each business day.
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