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BILL debuts a high-yield, best-in-class operating account that helps SMBs to earn 42x the national average APY and benefitting from up to $200 million in FDIC insurance

October 7, 2025 //  by Finnovate

BILL has launched BILL Cash Account, a high-yield, best-in-class operating account that helps SMBs put their money to work. BILL is making it easier for businesses to strengthen cash positions by bringing yield, speed, simplicity and security together in one seamless account. This new account redefines how businesses manage their money—delivering higher returns, stronger cash flow and smarter financial management.  BILL is enhancing value for customers by helping them extend operating cash while they grow working capital in one account—earning 42x the national average annual percentage yield (APY)*, and benefitting from up to $200 million in FDIC insurance. Mary Kay Bowman, EVP, GM of Payments and Financial Services at BILL said, “With Cash Account, we’re bringing growing businesses the same enterprise-grade capabilities normally reserved for Fortune 500 companies—combining high APY on an operational account with fast speed, seamless software integration, and security all in one simple account. This gives businesses a smarter way to manage payments and put their operating cash to work for them.” With BILL Cash Account, businesses can: ‍Earn More: High-yield on operating deposits from day one—42x the national average*. No minimums, no fees. Pay Faster: Next-business-day ACH payments with no added fees, and unlimited transactions—allowing SMBs to maximize cash efficiency.‍ Simplify Cash Management: Combine payables and treasury functions into one seamless, embedded account within BILL—the platform trusted by nearly half a million businesses.‍ Grow with Confidence: Expanded FDIC insurance coverage up to $200 million—well above standard limits, giving businesses added peace of mind.

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Category: Essential Guidance

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