<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Cash
Account Trust Tax-Exempt Portfolio Annual Report for the fiscal year ended
04/30/00 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000858372
<NAME> CASH ACCOUNT TRUST
<SERIES>
<NUMBER> 011
<NAME> TAX EXEMPT PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-START> MAY-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 764,464
<INVESTMENTS-AT-VALUE> 764,464
<RECEIVABLES> 3,605
<ASSETS-OTHER> 369
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 768,438
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,949
<TOTAL-LIABILITIES> 2,949
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 765,489
<SHARES-COMMON-STOCK> 464,535
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 765,489
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,365
<OTHER-INCOME> 0
<EXPENSES-NET> 4,325
<NET-INVESTMENT-INCOME> 14,040
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 14,040
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14,040)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,032,945
<NUMBER-OF-SHARES-REDEEMED> (2,960,334)
<SHARES-REINVESTED> 11,295
<NET-CHANGE-IN-ASSETS> 384,860
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 833
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,328
<AVERAGE-NET-ASSETS> 425,054
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> .00
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .95
</TABLE>
