I like the flexibility of having access to cash management services through my investment account.
The Cash Management Account ® (CMA account) offers convenience and flexibility of cash management services such as check writing, a Visa® deferred debit card1 or Bill Pay services combined with an investment account. You can manage your everyday financial needs while supporting your long-term investment goals through a broad range of investment options—all in a single account. Plus, you can benefit from an automatic cash sweep feature, such as the Merrill Lynch Bank Deposit Program (MLBDP) for uninvested cash balances.
1. Some restrictions on Visa card issuance for certain account types may apply.