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Fidelity® Cash Management Account

The Fidelity® Cash Management Account is a convenient way to save, spend, and manage your cash. With deposits eligible for FDIC insurance coverage, it has all the features you need from a traditional checking account, without the bank.

Account details

Free ATM access

Use your free Fidelity® Visa® Gold Check Card anywhere in the world and we will automatically reimburse all ATM fees.1

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

Manage your cash online from one secure place, where you can pay bills, check balances and transactions, and access money movement options like electronic funds transfers and automatic investments.

FDIC insurance

Earn interest on uninvested cash, which is eligible for FDIC insurance coverage up to $1,250,000—five times more than the typical bank.2 Learn more about Safeguarding Your Accounts.

View current interest rates.

Alerts & self-funded overdraft protection

Use the Cash Manager tool to create your own alerts when you have excess cash to potentially invest, or link to other Fidelity accounts for overdraft protection.

Thank you for choosing the Fidelity® Cash Management Account

Rated 4.1 out of 5 by 506 reviewers.
Rated 5 out of 5 by Great Product I have been Fidelity customer for more than 35 years and have found customer service to be best of all fund houses. About 6 months ago my local bank announced a "New, simplified fee structure". Nice way of saying they were imposing fees on my checking account. I closed the account and replaced with a Fidelity CMA and have been amazed. It has worked exactly as stated, no longer pay any ATM fees ever, and so far have more than $400 in spending rebates. Rebates are flat 2% and go into CMA automatically. Still have one local bank and if they even think about charging a monthly fee, account will be closed. Great service! July 3, 2013
Rated 5 out of 5 by Only way to go Fidelity's CMA is easy to use with electronic deposits using a tablet or cell phone with camera, reimbursed ATM fees, bill pay, and excellent customer service that Fidelity is known for. My CMA funds are invested in a few institutions to provide a greater degree of FDIC protection. I tie my CMA into Fullview where I monitor the activity in my CMA, brokerage, IRA, 401(k), and Fidelity American Express accounts. Fidelity's AMEX pays 2% on all purchases. June 13, 2013
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 5 out of 5 by Excellent solution for all banking needs This account has allowed me to close ALL my conventional bank accounts. No more going to the bank for me, all transactions are done on-line including check deposits. ATM withdrawals anywhere, no fees. Bill pay made easy - all utilities, credit cards, mortgages, you name it. Customer Service among the best, security - keep up the good work! April 26, 2012
Rated 5 out of 5 by Top Notch Service I have been an Fidelity Card member for over 5 years since the cards inception and the service I get is outstanding. Tired of the regular big banks make the switch. April 14, 2014
Rated 1 out of 5 by worthless this account is worthless and not good and dumb to April 13, 2014
Rated 5 out of 5 by No fees! Recently returned from French Polynesia and New Zealand. I used by Fidelity Cash Management card to get cash and experienced no problems whatsoever. Even better, the exchange rate was very good and there were no ATM fees. This allowed me to carry a minimum of cash and stop at an ATM only when needed. With no ATM fee it didn't cost me a penalty to withdraw just a few thousand francs, just enough to cover the cab fare to the airport. April 11, 2014
Rated 5 out of 5 by LOVE, LOVE, LOVE Fidelity Cash Management Accounts Absolutely love my cash management accounts with Fidelity! I have "checking" and "savings" accounts, along with my employer-sponsored 401K and a Roth IRA. Everything is in no place and there are no fees for a checking account and no fees for ATM transactions. Nobody believes me when I tell them how great it is, but the service I get with Fidelity is fantastic! April 9, 2014
Rated 2 out of 5 by Frustrating to use My wife & I have been struggling with this account for over a year. The struggle is the fact that it takes 4 to 6 business days to have mobile check deposits & transfers from another bank become available to withdrawl. When you are using a checking account and online bill pay to pay bills, this does NOT work!! After talking to 3 reps yesterday for almost an hour they said that this is the way it is & will not change. As of tonight I have applied at another bank for a checking account and will be closing my Fidelity checking!! April 8, 2014
Rated 4 out of 5 by CMA - Great value & convenience, with a few quirks What's great - free checks, ability to view check images, ability to deposit checks via phone app, free on-line bill-pay, no ATM fees using Visa debit card, 2% rebates on all AMEX purchases plus no annual fee for AMEX card, easy to link and transfer money between Fidelity accounts.. What's quirky - transfers between my bank and my fidelity account take days (and days) to clear, from time to time when depositing checks via the cell phone app the check shows as pending one-day, then it may not show at all in the list of activity the next time I sign on, only to reappear as still pending or posted a day or so later. The FIA AMEX web site has very limited features and is quite antiquated by today's standards. Also, the process to initially link the AMEX rebate to the CMA needs to be improved. Other things for consideration - if you currently make cash deposits, or routinely need a 'cashiers' or certified check to make a payment, the CMA is not going to replace your brick & mortar bank. Overall I would recommend the CMA account due to its convenience, outstanding value, and great Fidelity customer service -- who I've consistently found to be prompt, friendly, and knowledgeable, whether I've contacted them by phone on on-line chat. April 8, 2014
Rated 5 out of 5 by Love the alternate to a regular checking account What a great company to deal with. The ease of use is wonderful April 3, 2014
Rated 1 out of 5 by terrible information handling I needed to know what my routing and account numbers are, and after 1 hour of search in the website, I have been unable to find it. It is extremely difficult to find anything on this website. Terrible experience. March 30, 2014
Rated 5 out of 5 by Awesome Love this account the best no fee's no hassle friendly service. March 28, 2014
Rated 5 out of 5 by Fidelity Cash Management I love this account. I can do and wach so many things. One thing I don't like though is that when pending payments are sent, the amount that is going to be removed from my account is not subtracted until the checks clear...this gives a false sence of withdrawable cash. I would recommend fidelity to all my friends and relatives. March 27, 2014
Rated 4 out of 5 by Ease of Account Management I had been making life difficult for myself with a myriad of local accounts that had no focus on connecting my finances toward the most important goals of saving and investing. The Fidelity Cash Management Account allows me to link everything together, pay bills and keep funding my future from my living room couch. I couldn't ask for more. March 25, 2014
Rated 5 out of 5 by This has been amazing! I have a bank account and they charge fees for everything! Fidelity makes this so easy! March 25, 2014
Rated 5 out of 5 by Love Fidelity Easy to manage your money and investments great job fidelity... March 24, 2014
Rated 5 out of 5 by Kiplinger recommended, glad I followed their advice Terrific checking account. Gives access to all fidelity investment research online. Free ATM use world wide. App for I-pad to allow deposits is great. Why would you ever want to set foot in a real brick and mortar bank again!? March 22, 2014
Rated 1 out of 5 by A waste of time and effort. The Cash Management account is a waste of time. The only reason I have it is so I can have a transaction free Debit card that I can use internationally. March 20, 2014
Rated 1 out of 5 by poor value No way to record monthly statements except by downloading info in a spreadsheet set up for stocks. Look at a bank statement and try to duplicate. I need a site with a bank-like capability so that all my financial investments are in one financial house so that my wife can handle my affairs March 18, 2014
Rated 5 out of 5 by Flexible Amazing. I can practically do everything online, the new cash management feature makes it easier to do everything in one page, without having to navigate far. March 17, 2014
Rated 5 out of 5 by Why Haven't I Had This Account For Years? Best checking account I have ever had. Customer Service is amazing, your money options are vast, and there are no ATM fees. Get a Fidelity Cash Management Account today and start enjoying your bank. March 14, 2014
Rated 5 out of 5 by Checking Account Not much else to say except it is great. I recommend it to all my friends and family. March 12, 2014
Rated 2 out of 5 by Disappointed so far I just received my debit card and tried using it for the first time on a Friday at an airport ATM and the transaction was denied. I called customer service who told me my card was marked for fraud and that I needed to wait until Monday before I could speak to someone to get help. The rep went on to tell me that any time I travel and want to use the card I should be telling card services in advance so this does not happen. I told her I travel too much to be calling in every time I am outside of my home city and she told me that was my problem and not hers. I am very unimpressed by this service in just the first few days and am debating whether to cancel it outright. March 8, 2014
Rated 5 out of 5 by You guys are simply Amazing I love Fidelity. I love the brokerage service, the savings account my Amex Fidelity CC, and the debit Card which pays back my atm Fees. Amazing job! March 6, 2014
Rated 5 out of 5 by House Expense Acct. This is my house expense acct. Paying bills from this acct. March 4, 2014
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Get Started With Cash Management

Move your checking account to Fidelity with these simple steps.

Video about Fidelity Cash Management Account
Fidelity® Cash Management Account vs. Your Bank (1:33)

Watch a brief video to see how the Fidelity® Cash Management Account can help you save and earn money in ways that a traditional bank can't.

The Fidelity Cash Management Account is a brokerage account designed for spending and cash management. It is not intended to serve as your main account for securities trading. Customers interested in securities trading should consider a Fidelity Account®.
The Cash Balance in the Fidelity Cash Management Account is swept to an FDIC-insured account at one or more Program Banks where it earns a variable rate of interest. The deposit at the Program Bank is not covered by SIPC. The deposit is eligible for FDIC insurance subject to FDIC insurance coverage limits. For more information about FDIC insurance coverage, please visit the FDIC website at www.FDIC.gov. As referenced in the FDIC Insured Deposit Sweep Disclosure Document for the Fidelity Cash Management Account, customers are responsible for monitoring their total assets at each of the Program Banks to determine the extent of available FDIC insurance. All FDIC insurance coverage is in accordance with FDIC rules. See the list of eligible Program Banks.
1. All Fidelity ATM withdrawal fees will be waived for your Fidelity® Cash Management Account. In addition, your account will automatically be reimbursed for all ATM fees charged by other institutions while using a Fidelity® Visa® Gold Check Card linked to your account at any ATM displaying the Visa®, Plus®, or Star® logos. The reimbursement will be credited to the account the same day the ATM fee is debited from the account. Please note, there is a foreign transaction fee of one percent that is not waived, which will be included in the amount charged to your account. The Fidelity® Visa® Gold Check Card is issued by PNC Bank, N.A. and the check card program is administered by BNY Mellon Investment Servicing Trust Company. Those entities are not affiliated with each other or with Fidelity Investments. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to license from Visa U.S.A. Inc.
2. The Fidelity® Cash Management Account's uninvested cash balance is swept to one or more program banks where it earns a variable rate of interest and is eligible for FDIC insurance. At a minimum, there are five banks available to accept these deposits, making customers eligible for nearly $1,250,000 of FDIC insurance. If the number of available banks changes, or you elect not to use, and/or have existing assets at, one or more of the available banks, the actual amount could be higher or lower. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the Program Banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. Refer to the FDIC-Insured Cash (Core) Disclosure Statement and list of eligible Program Banks for details. The deposits at Program Banks are not covered by SIPC.
For additional information please see the Fidelity Cash Management Account FDIC Disclosure Document (PDF)
The initial customer ratings and reviews for this product (those dated before 3/16/2012) were provided to Fidelity through an email solicitation for feedback on the product. All ratings and reviews are provided to Fidelity on a voluntarily basis and are screened in accordance with the guidelines set forth in our Customer Ratings and Reviews Terms of Use. For additional information on which ratings and reviews may be posted, please refer to our Customer Ratings and Review Terms of Use. Featured Reviews have been selected based on subjective criteria and reviewed by Fidelity Investments. The average rating is determined by calculating the mathematical average of all ratings that are approved for posting per the Customer Ratings and Reviews Terms of use and does not include any ratings that did not meet the guidelines and were therefore not posted. Ratings and reviews are added continuously to the website (after a delay for screening against guidelines) and average ratings are updated dynamically as reviews are added or removed.
The ratings and experience of customers may not be representative of the experiences of all customers or investors and is not indicative of future success. The accuracy of information included in the customer ratings and reviews cannot be guaranteed by Fidelity Investments. Customers who post ratings may be responsible for disclosing whether they have a financial interest or conflict in submitting a rating and review.
Please contact a Fidelity representative if you have additional questions or concerns about the ratings and reviews posted here.