Fidelity Cash Management Account
APY
2.50%
Min. to Open
None required
Monthly Fee
No monthly fee
Welcome Bonus
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Fidelity Cash Management Account
Fidelity Cash Management Account
Unlimited ATM fee reimbursements. 0% foreign transaction fee. Competitive interest.
Our take
Fidelity Cash Management is the hidden gem of nomad banking. Unlimited worldwide ATM fee reimbursements (including international), no foreign transaction fees, and a competitive yield on uninvested cash (~2.5% via auto-sweep to FDIC-insured banks). Requires a brokerage account but no minimum balance. The Fidelity Visa debit card is accepted everywhere Visa is.
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Full details
Rate & Earnings
| APY | 2.50% |
| APY conditions | Auto-swept to money market or partner banks |
Fees & Requirements
| Monthly fee | No monthly fee |
| Minimum to open | None required |
Features
| FDIC insured | FDIC insured |
| Mobile app | Mobile app |
| ATM access | ATM access |
| Check writing | Check writing |
Frequently asked questions
What is the current APY on this account?
The current APY is 2.50%. Auto-swept to money market or partner banks
Is my money protected?
Yes — this account is FDIC insured up to $250,000 per depositor, per institution. Your money is safe even if the bank fails.
How do I access my money?
ATM withdrawals are available. Check writing is supported. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.
Are there any hidden fees?
This account has no monthly maintenance fee. Always review the full fee schedule for wire transfer, outgoing transfer, or other service fees.
Fidelity Cash Management Account