Compared to Public’s High Yield Cash Account and Treasury Account, a Bond Account generates a higher yield, but comes with higher risk of default and illiquidity. Like a Treasury Account on Public, the Bond Account reinvests interest at the current rate automatically once it hits a minimum threshold (in this case ~$100). Similar to other yield accounts on Public, cash in a Bond Account may be withdrawn at any time, but there is a small fee if bonds need to be sold to do so ($0.50 per $100).