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.

Rated 4.1 out of 5 by 1119 reviewers.
Rated 5 out of 5 by Simple, convenient, integrates with my other investments I've had a cash management account since a cross-country move meant I needed to close my checking account at a local credit union. Because I already had other retirement savings at Fidelity, unifying all my finances in one place with a cash management account seemed reasonable to try - and I'm so glad I did. Having all my financial information in one central location - including the wonderful iPhone app - makes managing my money easy, convenient and even a little fun. June 13, 2016
Rated 5 out of 5 by Efficient, easy, even cost-effective This is a brilliant account feature & one step further to making Fidelity a one-stop-shop for personal finance & money management. This account enables one to rid themselves of a traditional checking account & direct deposit money to Fidelity while also quickly being capable of transferring money to other accounts, pay bills automatically, even withdraw cash from any ATM with no fees. If you have a personal portfolio with Fidelity or a CC with Fidelity (I have both) it makes it easy & seamless to direct deposit money into your cash management account & automatically pay your CC, automatically fund your IRA, automatically contribute to mutual funds, etc... So you can spend less time cleaning up your finances & paying bills & more time doing what you love. April 17, 2016
Rated 5 out of 5 by Perfect for retirement I wanted one-stop shopping for my financial needs in retirement so I opened a cash management account. It it perfect for me - checking, Debit/ATM, credit card, online bill pay, transfer funds to another bank - it is all there. Plus the convenience of moving funds from mutual funds to cash management, and funding my grandkids Fidelity 529. ATM fee reimbursement is icing on the cake. One screen lets me do everything. No more brick and mortar for me. 10 out of 10. April 12, 2016
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 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 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 5 out of 5 by easy I like that fidelity gives the atm fees back to the customer. August 22, 2016
Rated 5 out of 5 by Trouble-free worldwide I used Fidelity Cash Management while on an extended vacation in Europe and every ATM transaction was perfect, including on a cruise ship. All ATM fees were refunded as advertised. A very nice card to have in your wallet! August 22, 2016
Rated 5 out of 5 by Overall Performance I am extremely pleased with my overall transition to Fidelity. August 15, 2016
Rated 2 out of 5 by Needs to be more user friendly There are many aspects of the account which are very favorable. Yet, in navigating the online account pages, it is not very user friendly. They should add a button or link for statements directly on the Cash Management page, as well as make the CM page more user friendly in terms of being able to find anything without having to jump around the system August 13, 2016
Rated 5 out of 5 by Simply Awesome Simply Awesome. Fidelity is very user friendly and whenever I do need to speak to someone they are knowledgeable, friendly, and helpfu. Their brokerage accounts, cash management accounts, credit cards, and frankly - all of their products are second to none. Top notch all around. August 13, 2016
Rated 5 out of 5 by So far So far, I have no complaints with Fidelity and am very pleased to be a customer with you. August 13, 2016
Rated 5 out of 5 by Ease of Access We have enjoyed the ease of using the Fidelity Cash Management Account. It greatly reduced the problems sometimes associated with moving funds from retirement accounts into more easily accessed funds particularly within the Fidelity family. August 9, 2016
Rated 5 out of 5 by Convienient It is great to have all my retirement, stock and now cash assets in one place. I still have an account at the local credit union to run all my monthly bills through but now everything else is at Fidelity August 9, 2016
Rated 5 out of 5 by Great Value Excellent alternative to brick and mortar checking account. Absolutely no fees for the basics including unlimited checks, outside transfers, and even using any ATM in the country (and even worldwide). I used this card outside of the country as well and got no additional fees. the ATM reimbursements are a plus also - they post pretty quickly. The only 2 minor downsides are you can't deposit cash and the website user interface is a little clunky, but overall a great experience. August 6, 2016
Rated 3 out of 5 by Could be so much easier All of these would be easy for Fidelity to change. 1. Deposits must be made by taking a picture from the phone app, which is very finicky. No option to just use a scanned image, which would be much easier. 2. Cannot set to open directly to bill pay, just to "accounts" tab which is never of any use. 3. Defaults every time to "all payee" setting, which always needs to be changed back to the payee group I use most. August 1, 2016
Rated 5 out of 5 by Thorough and secure! Compliments to Fidelity for providing an excellent investment experience Your email communication during the transfer process from my bank to Fidelity is comforting. August 1, 2016
Rated 5 out of 5 by Best Deal Very convenient. You get full refund on all ATM fees. Checks are mailed to you and check deposits are done by phone. Who needs a bank? August 1, 2016
Rated 5 out of 5 by I love Fidelity I love the fact that there is no maintaining balance, no ATM fees. Everything is straightforward. Fidelity delivers what it says. That is why I choose Fidelity Investments for my banking needs and for investing in the stock market. July 28, 2016
Rated 5 out of 5 by It really works I don't know if it's secure; you'd have to check with a cybersecurity expert. But, I do find it to be convenient. One suggestion: improve the experience on the mobile app. The mobile app does the job, but it has room for improvement. July 26, 2016
Rated 4 out of 5 by Improve Billpay The viewing of payments made could be more fluid - I paid a bill twice because I could not determine if the bill was paid. July 26, 2016
Rated 5 out of 5 by Great service and support Very happy with all of my accounts at Fidelity (I have several)! Great service, very professional when you need to call them and they always have the answer to my questions right away! I would recommend this to anyone - and I already have! July 25, 2016
Rated 5 out of 5 by Exceptional I am so happy that I opened this account when I did. The advice that I have received has also helped me prioritize as well. Thank you! July 22, 2016
Rated 1 out of 5 by NONE Sorry Company to Deal With. Do Not Transfer your funds here. July 20, 2016
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