Treasury

Last updated: April 10, 2026

Meow's treasury products let you put idle cash to work — earning competitive yield on balances above and beyond your operating needs, without sacrificing liquidity. All treasury products are managed through Meow Advisory LLC, an SEC-registered investment adviser.

Available treasury products

U.S. Treasury Bills

Direct access to T-bills issued by the U.S. Department of the Treasury, backed by the full faith and credit of the U.S. government. Treasury Bills are among the safest short-term investments available.

Commercial Paper Account

Earn up to 3.96–3.78% net yield annually on idle cash through Meow's Commercial Paper Account. This account invests in short-term, high-quality instruments including commercial paper, repos, and certificates of deposit.

  • Minimum: $100,000 in a Meow checking account (may be waived at the adviser's discretion)

  • Yield: Up to 3.96–3.78% net annually (as of the date of this article; subject to change)

  • Liquidity: Funds remain accessible

Money Market Funds

Meow also provides access to the following institutional money market funds:

  • Morgan Stanley Ultra-Short Income Fund — commercial paper, repos, corporate notes, and certificates of deposit

  • Vanguard Treasury Money Market Fund — 99.5% U.S. Treasury Bills, plus repos and U.S. government securities

  • Dreyfus Government Cash Management Fund (DGVXX / DAGXX) — U.S. Treasuries, repos, and U.S. Government Agency Debt

  • JP Morgan Prime Money Market Fund — commercial paper, repos, and U.S. Government Agency Debt

How do I access treasury products?

Treasury products are available directly from your Meow dashboard. You can move funds from your Business Checking account into a treasury product at any time.

How do I withdraw from a treasury product?

You can withdraw funds back to your Meow checking account or to an external bank account. See Withdrawing from Treasury Products FAQ and Withdrawing from U.S. Treasury Bills to an External Bank Account for details.

Are treasury products FDIC-insured?

No. Treasury and investment products are not FDIC-insured and are not bank-guaranteed. They are managed by Meow Advisory LLC, an SEC-registered investment adviser, and may lose value. U.S. Treasury Bills are backed by the U.S. government but are not bank deposits.

Can I connect my treasury account to my accounting software?

Yes. Meow's U.S. Treasury accounts can be connected to QuickBooks, Brex, and Ramp. See the relevant integration articles in our Integrations section for step-by-step setup.