Webull cash management

[Seth Michael Carp]

So recently I've been into stocks and am on webull, they recently added a cash management account that gives 4.1% yield a year which would be far better than my like 0.05% yeild on my checking account. I did a little research and found that the account is covered by FIPC and FDIC insurance. Would there really be any reason not to put the money that's in my checking into the cash management?