QNB’s Sweep LinQ account offers a simple and convenient solution to help you maximize your business’ excess cash balances so that you don’t have to spend time managing your funds.
How Does Sweep LinQ Work?
You establish minimum and maximum target balances for your Business Checking account.
You establish transfer increments based on your average weekly cash flow.
Transfers are automatically made between your Business Checking account and your FDIC-insured Sweep LinQ Money Market Account. Transfers are limited to six per month.
Your Sweep LinQ funds earn tiered rates:
- $0 - $9,999
- $10,000 - $24,999
- $25,000 - $49,999
- $50,000 - $99,999
- $100,000 - $249,999
- $250,000 and over
FREE with $20,000 base balance
Ask your Relationship Manager for details on how your business can benefit from QNB’s Sweep LinQ cash management solution.