Fidelity® Cash Management Account

All the features you need from a traditional checking account, without the bank fees.

A Fidelity® Cash Management Account includes automatically reimbursed ATM fees, no minimum balances, and easy money movement among your Fidelity accounts.

Account details

Monthly fees None
Minimum balance None
ATM fees None. All ATM fees automatically reimbursed nationwide.1
FDIC insurance

Coverage up to $1,250,000—five times more than the typical bank.2 Learn more about Safeguarding Your Accounts and view current interest rates.

Free mobile check deposit

Scan and deposit checks with your iPhone®, iPad®, or Android™ with Fidelity Mobile®.

Free checkwriting Get free checks, deposit slips, and online images of your cleared checks.
Free Fidelity BillPay® Receive and pay your bills on the web or on your mobile device.
Account dashboard Quickly and easily transfer money among your Fidelity accounts, view balances, or pay bills in one secure place.
Alerts & self-funded overdraft protection

Create your own alerts when you have excess cash to potentially invest, or link to other Fidelity accounts for overdraft protection.

See how the Cash Manager tool works.

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5508tridion
Rated 4.1 out of 5 by 1061 reviewers.
Rated 5 out of 5 by Best debit card out there I really enjoy the cash management account and the debit card. I never noticed how many ATM fees I was being charged through out the year. Usually at the end of the year fidelity has reimbursed $40-50 which is great. Their app and website is really user friendly and their customer service is always top notch! Im writing this review as im getting my co worker singed up for the account and debit card. January 25, 2016
Rated 5 out of 5 by nice job This cash management account for our daily household account works just as advertised. Easy to use. A good number of automatic features. On line control. And the feature I really like is the reporting of deposits, checks, etc., that hit the account during the day are shown immediately and noted as pending, etc. Good up to the minute information. Over all an excellent money management account. December 10, 2015
Rated 5 out of 5 by Excellent & Convenient Account This is the most convenient account I have ever had compared to my checking accounts, it is a win win situation, ATM Fees reimbursed, No Minimum Balance required and Investments very easy to navigate and utilize as the online access gives tutorial & step by step instructions on how to get the most out of your accounts... Amazing Accounts November 25, 2015
Rated 5 out of 5 by Completely Satisfied Completely satisfied will all aspects of the cash management account. Very easy to move money in/out, pay bills and quickly find important information. The mobile app for depositing checks is very useful and the recent camera upgrade makes the process a snap! I replaced two traditional bank accounts with the Fidelity account and money management is much easier now. November 18, 2015
Rated 5 out of 5 by Amazing Cash Account It has been 6 months after I had made the switch from a B&M local bank to the Fidelity and I am very happy. If you have a Fidelity IRA, Brokerage, or any other account, I would highly suggest it. It is very easy to transfer money from one to another. I also love the fact that I have free overdraft protection because if for some reason I have limited funds in my checking, it will automatically pull some money from my Brokerage account. Moving money from Checking to my IRA or Brokerage essentially takes 30 seconds to begin trading with it. The ATM Free feature is amazing. I travel to Canada quarterly, and once I step into a CAN airport, I go to an ATM to obtain their currency FREE without paying a $10 commission at one of their exchange booths. Plus I get to keep less cash in my wallet since if I do need some more cash I can go to any ATM without any worry. Last thing that I love if the deposit of checks feature on the phone. My bank had no mobile option so being able not to go to a B&M bank is quite an experience. ****I have read other reviews that checks are held before able to be withdrawn. I have NOT heard of any bank that does NOT do this. Direct Deposits are ready same day, and checks take no more that 2 business days to clear. Do not let others scare you unless you are in fact living paycheck to paycheck and maintain a zero balance. October 27, 2014
Rated 5 out of 5 by Very Good! I have had a Fidelity Cash Management account for several years and never had a bad experience. I use my iPad to deposit paper checks and ATMs to withdraw cash. I also have a Fidelity American Express and the 2% rewards are deposited directly into my cash management account. Can't remember the last time I was in a bank. August 10, 2014
Rated 5 out of 5 by A Stellar Product Unlimited ATM fee rebates, easy cash transfers to all of my Fidelity and non-Fidelity accounts, and no issues accessing my cash while traveling around the world. The Fidelity Cash Management account is the most important piece of my day-to-day financial life, the hub of my cash management. I highly recommend Fidelity to anyone interested in eliminating fees and headaches of traditional bank checking accounts. I LOVE THIS PRODUCT. June 17, 2014
Rated 5 out of 5 by Leave your brick and mortar bank behind I have had a Fidelity Cash Management account for about 6 years. At the beginning I was wary, thinking I would need services from a local branch that would not be available. I slowly transitioned to relying solely on this account and about 2 years ago said good bye to my traditional bank. The service associated with this account is extraordinary; what you would expect from Fidelity. Here are the perks: 1. I travel frequently. When I need cash I can use any ATM knowing I will get unlimited rebates on ATM fees. This saves me about $20 monthly. 2. If you have any paychecks direct deposited, the money becomes available the minute it is received by this bank. Essentially, if I am due to get paid on the 15th of a month, my Company processes payroll on the 14th. While most of my colleagues do not see their money until the 15th I will see my pay mid morning, shortly after payroll is processed. 3. I was concerned that without a branch if I should loose my ATM card I would be unable to access funds for many days while this was replaced. This is not the case. If I loose my card they can wire money to anywhere in the world and overnight a new card to me. This service does noe exist from any traditional bank I know of. 4. I do all of my banking via their new upgraded mobile application. For most of my payees using their bill pay service funds are received electronically the next day. 5. I had one issue of fradulant use of my debit card. This was picked up by their security department and a replacement card was sent overnight to me. 6. The only thing missing for me is the ability to deposit cash into my account. Where Fidelity wins in my relationship is that due to this exceptional cash management system they have easily earned my investment business. I recently have come into a position where I can begin investing in IRA and traditional brokerage account. I am not looking any further than growing this great relationship they have built with me through this product. Don't be afraid, take the leap and leave your old bank behind. April 19, 2013
Rated 5 out of 5 by Easy and Helpful We love having a Fidelity Cash Management Account! It has eased our money handling through online banking that is fast, secure, and reliable. The free checking and all the other great services (especially the free ones) are a huge blessing to us. Thanks so much! We look forward to many more years as satisfied Fidelity customers! March 24, 2013
Rated 5 out of 5 by Excellent I love what fidelity has done with the Cash Management account. There are a lot of features to this account such as full view that I really like to use as well as the free ATM withdrawals. I also like the fact that I can invest and use my account as a regular checking account. I have all my accounts with Fidelity (even workplace savings) and plan to continue to use them. I have given several referrals to family and friends to open a cash management account, I should be their official sponsor! :) March 20, 2013
Rated 5 out of 5 by Convenient and Connected I started this account to replace my normal bank account, and it has everything I could ever want. Since I also use Fidelity to do my investing, I can easily transfer money between my accounts. I can easily pay my bills and accept payments online. With the mobile app, depositing checks is ludicrously simple and convenient. The one place where this account falls short is the lack of a way to deposit physical cash, but that becomes less of an issue every year. I highly recommend this account to anyone who wants to cut off your tie to a physical bank and move everything online. March 18, 2013
Rated 5 out of 5 by How do you spell awesome? FIDELITY Migrating from standard Bank Accounts to a consolidated Fidelity Cash Management Account was one of our smartest, smoothest moves in years!!! Fidelity Customer Service is awesome. Convenience features (photo deposits) is great. $0 ATM fees is terrific. I set up Cash Mgmt Account (1) as normal check writing, bill paying; Cash Mgmt Accoutn (2) for annual budgetary expenses; Brokerage Account for Investing; IRA for self and spouse. The dashboard is best way to see all Funds and the Customer Service folks are a true delight. They actually speak English too!!!!! September 30, 2012
Rated 4 out of 5 by Reliable I found this account very convenient and reliable for transferring. May 24, 2016
Rated 5 out of 5 by Excellent investment education Fidelity has been a great educational as well as economical tool to have. Without fees from major banks I feel they actually help grow your assets and make your money work for you. May 20, 2016
Rated 5 out of 5 by Ease of use Well designed user interface has made it easy to navigate online and mobile applications. Customer service is immediate and no IVR menus that draw out time on the phone. May 16, 2016
Rated 4 out of 5 by Website needs improving I like the financial product (cash mgmt acct), but the website and user interface is much more choppy and less user friendly than most other online banking sites I've used. May 16, 2016
Rated 5 out of 5 by Superior This a excellent account with very seasoned and awesome customer service personnel May 10, 2016
Rated 5 out of 5 by Great Account. . . once it was up and working Once the account was up and running, it has been convenient and reliable. And has saved me plenty in ATM fees here in my hometown, The problem came when as a long-time (greater than a decade) Fidelity Investment account holder I also wanted to open a CMA. I decided to drive all across town to a Fidelity office figuring it would be more troublefree to work with a human than to do it online. That was very wrong. Turned out to be very slow and bureaucratic and encountered a lot of hesitation over the very legitimate name I was using that was also, and still is, on my Investment account. Got it straightened out, but the local office was a hassle. Won't do that again! Should have set it up online. May 9, 2016
Rated 5 out of 5 by Convenient When my bank of 20+ years sold my account to someone else and disappeared from the local area, I decided it was time to try something new. Instead of another local bank, I choose Fidelity Cash Management, since most of my other financial assets were with Fidelity. So far, it's been a seamless transition. the few ATM charges I've incurred have been promptly reimbursed, and automatic payments and direct deposits were easy to set up. The one caveat, if you need face to face services (such as the purchase of foreign currency for a trip) I'm unclear how that would be handled. May 9, 2016
Rated 5 out of 5 by The Best Experience & Convenience I've never been more satisfied with banking than I am now. May 9, 2016
Rated 5 out of 5 by tuksitoe I love fidelity! I prefer Fidelity over any other bank! May 9, 2016
Rated 4 out of 5 by Good but still have room for improvements Pros: Very convenient and efficient application and account set up No ATM fees Works very well worldwide Helpful tech support Cons: Limited online & app features Need to call in to talk to a representative to add travel information, which is very time consuming (a waste of time on both sides) and should be something manageable on the website or through app Can't easily set up international transfer 1% foreign transaction fee May 9, 2016
Rated 5 out of 5 by Secure, Reliable & Friendly My services through Fidelity are secure and reliable. Every time I contact them, I received such friendly and professional customer service from all that I come in contact with. I would recommend their services to everyone I know. May 3, 2016
Rated 5 out of 5 by Convenient and Easy to use Love the account. Easy to use. Fits my management goals and how I want to manage my cash funds. May 2, 2016
Rated 5 out of 5 by Love it! Cash management account is a good value. Very useful. May 1, 2016
Rated 5 out of 5 by Easy to use. I find this is much easier to use than I thought it would be. Minimal assistance was required to initiate the account and I do not have any problems in remembering how to do the different actions on the account. May 1, 2016
Rated 4 out of 5 by Easy and convenient We have had an issue with using the debit card internationally. I would suggest that Fidelity find a new issuer and also add an ATM only card for safety purposes. The debit card does not offer the same safety features that a credit card offers and is not a good substitute for a credit purchase. The ATM only card is much safer. May 1, 2016
Rated 4 out of 5 by Excellent until lately Until lately, I was entirely satisfied with the service at Fidelity. My application for enhanced option ability was inappropriately handled. Action was slow and receipt of the form was confusing. I was disappointed with the declination of my request. April 28, 2016
Rated 1 out of 5 by Can't use my money I transferred funds from my brokerage account into my Cash Management account, and Now I can't use it. Says there is no money available. the web site shows my money, I got a confirmation the fund were deposited, April 27, 2016
Rated 4 out of 5 by Comprehensive Excellent source of information, ease of transactions and helpful employees. April 26, 2016
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