What's the benefit of a cash milestone over an interest bearing account?

Awesome question! There are a few benefits to having the cash milestone over an interest-bearing account

  • It’s free
  • You can access your money in a cash milestone faster since you won’t have to wait for the ETFs in your account to be sold first.
  • It takes advantage of Managed Portfolios' automated, no minimum savings tool (like our auto-deposits)
  • Goal-based savings, lots of depository accounts don’t have a feature where you can define the goal and easily see how money goes towards different goals

Check out the Save Cash Milestone here: https://axosinvest.com/dashboard/milestone/create


Was this article helpful?