A Chase IRA deposit sweep account is when extra money in your account is “swept” into an interest-earning investment, such as a money market mutual fund or an interest-bearing bank product. The specific sweep products available will vary depending on the account type. And that means the yield you’ll earn on your sweep account will vary. In general, sweep accounts help you earn money on your cash. But how much you earn will vary depending on the sweep options available to you. Consider moving that money into your investment portfolio as quickly as possible.