What You Need to Know about Your New Account

When will my account be established?

If your online application is submitted before the market's close (3 p.m. Central time), you will receive that day's closing share price, and your account will be established on the next business day. If your application is submitted after the market's close, you will receive the next business day's closing share price.

When can I access my account information online?

Access your American Century Investments® account online one business day after your account has been established. Before accessing your account online, you must register a User Name and Password.

Learn more by visiting our site help topic: How to Register.

How soon can I write a check?

All purchases have a hold period of either seven calendar days, excluding holidays, or one business day, excluding holidays. During the hold period, the value of the purchased shares is unavailable for release by any means, including checks written against the account through our CheckWriting service.

Seven Calendar Day Hold

The seven calendar-day hold period includes weekend days, but excludes holidays. The hold period begins the day after a purchase order is received and applies to purchases made with the following funding sources:

  • Initial purchase of the mutual fund*
  • Online purchases
  • Automatic Investments
  • Purchases by personal check with investment slip
  • Direct Deposit by check
  • U.S. Treasury Check
  • Traveler's Check
  • Money Order
  • American Century Investments CheckWriting Check

One Business Day Hold*

The one business-day hold period*, excluding holidays, begins the day after a purchase order is received and applies to purchases made with the following funding sources:

  • Wire
  • Direct Deposit by ACH

*The seven calendar day hold period applies to the initial purchase of the mutual fund, regardless of the purchase funding source.

Steps to View Available CheckWriting Balance

When are funds available for redemption?

Each time you make an investment with American Century Investments by means other than bank wire or direct deposit, there is a 7 calendar day holding period before you can redeem those shares, unless you provide us with satisfactory proof that your purchase funds have cleared. This 7 calendar day holding period begins the day after your investment is processed. Investments by wire require only a one-day holding period.

If you have established the ability to transfer investments directly from your bank account to your American Century Investments account, we will not allow redemptions within 7 calendar days after a change is made to the bank information associated with your account. A printed confirmation of the change will be sent to you whenever a change of bank information is requested.

More information about redemptions.

How soon can I invest in my new account?

If your online application is submitted before the market's close (3 p.m. Central time), you will receive that day's closing share price, and your account will be established on the next business day. If your application is submitted after the market's close, you will receive the next business day's closing share price. You can make additional investments in your account by mail or telephone as soon as it has been established.

There is a hold period of seven calendar days for online investments not received by bank wire or direct deposit - these funds are not available for redemption until this period has expired.

Additional information about investments.

How soon can I exchange from one fund to another?

If your online application is submitted before the market's close (3 p.m. Central time), you will receive that day's closing share price, and your account will be established on the next business day. If your application is submitted after the market's close, you will receive the next business day's closing share price. You can provide exchange instructions by mail or telephone as soon as your account has been established. Online exchanges should be available the next business day. There is a $100 minimum for exchanges to existing accounts. Also, you must meet fund minimums for new accounts. Additional information about exchanges.