Merrill Lynch Preferred Deposit — Key Highlights
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Preferred deposit® is a bank deposit product that is offered through your merrill lynch, pierce, fenner & smith incorporated (mlpf&s or merrill lynch) brokerage account.
With preferred deposit®, you can help manage your everyday expenses and cash flow, as well as your objectives for the future.
Earn more interest on your cash balances.
Merrill offers access to a variety of money market mutual funds (money market funds) and bank deposit solutions designed to provide liquidity, relative safety, and yields for your cash.
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