Flourish Cash is now
easier to use for
everyday cash needs

June 25, 2026

Estimated reading time: 3 minutes

People don’t often think about how much they’re losing between paychecks. Your salary hits your checking account, sits there for two weeks covering bills and expenses, and earns almost nothing in the meantime. Multiply that across a year and the opportunity cost adds up fast. If you’re holding $50,000 in a traditional checking account earning 0.07%, the national checking account average at time of publication, that’s roughly $35 in annual interest. The same balance in a Flourish Cash account would earn a yield that generates up to 46x more in annual interest at the current Flourish Cash interest rate.¹

Direct deposit can help reduce the time your cash spends sitting in a separate checking account before you move it elsewhere.

With direct deposit, you can automatically send eligible recurring income, such as a paycheck, Social Security payment, or other regular deposit, into your Flourish Cash account. 

Once direct deposit is set up, incoming funds arrive in Flourish Cash and earn a competitive rate without requiring a separate manual transfer.

Direct deposit solves one side of the equation. But earning more on your cash only works if your monthly obligations flow out just as smoothly as your income flows in. That’s where bill pay comes in.

Flourish has long offered the capability for funds for bills to be pulled directly from your account. Now, with new Plaid connectivity launched this week, clients can more easily connect Flourish Cash as a funding account through many many Plaid-enabled institutions and services, from numerous credit cards to Venmo. This can help simplify your financial life by removing the need to initiate manual transfers and reduce the need to keep extra cash in a separate low-yield checking account just to cover recurring payments. Once connected, supported recurring payments can be pulled from your account while your remaining cash earns a competitive rate.

The setup is straightforward and happens once. After that, your recurring payments run in the background while your balance works for you. Think of it less as a cash account with some extra features and more as a financial hub for your money.

With direct deposit and bill payment connectivity set up, Flourish Cash is becoming a more practical place to manage everyday cash. Income flows in, bills are paid, and cash earns a competitive rate in between. That can reduce the need to move money back and forth or keep extra cash in a separate low-yield checking account just to cover recurring payments. For business owners, the same idea can apply to operating cash: keep funds accessible for recurring expenses while earning a competitive rate.

There are no Flourish account fees^∫∫ and no minimum balance requirements, which can make it easier to decide how much cash to hold based on your needs rather than an account threshold. This new approach aligns the possibilities of Flourish Cash with the way cash actually moves through your life.

For a long time, managing cash meant tolerating tradeoffs. Convenience or yield. Simplicity or earnings. A checking account that does everything or a savings account that actually pays. Flourish Cash was built on the belief that you shouldn’t have to choose. Through your advisor, you have access to a simpler way to manage everyday cash, while earning more, with your advisor connected to the bigger picture.

More coming soon

Over the next six months, we'll be announcing a number of additional features that will make it easier than ever for you to use Flourish Cash as your primary cash account, from smarter recurring transfers to mobile check deposits, creating new opportunities for you to maximize the earning potential of your cash.

Ready to get started?

See our step-by-step guides to direct deposit setup and bill pay setup.