Fidelity Cash Management Account Reviews

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Uses Fidelity for both checking and savings and also has the Fidelity credit card, with no problems. Says the customer service is superior to any bank they have used.

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Has used Fidelity cash management accounts for everyday checking for around 15 years with no issues and no regrets.

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Has used the Fidelity cash management account, brokerage and credit card as a full banking setup for close to ten years and could not be happier with it.

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Has used it as a checking replacement for a few months and says it behaves like a normal checking account while paying a solid yield; uses a small BofA account for Zelle.

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Has used the account for banking for three years and calls it great, paired with a Capital One 360 account for Zelle and cash deposits.

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Reports no real issues with the CMA beyond a few banks rejecting the longer account number, which the shorter one fixed.

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Uses the CMA for almost all basic banking, keeping nearly all unspent money in SPAXX, with no problems so far.

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Has used the CMA as main checking for over five years with no issues and all cards autopaid from it.

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Has used the CMA for about ten years for small cash storage and foreign ATM withdrawals and says it has worked well.

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Has used the CMA as primary checking for ten years with no issues of note, with working bill pay, easy check deposit and ATM rebates.

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Loves using the CMA for most payments and ACH for years, with no issues apart from missing Zelle.

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Moved most cash to the CMA a couple of years ago, loves it, and has not had an issue with ACH bills and free checks.

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Closed all bank accounts about 16 years ago and has used the CMA since, finding checking, savings and ATM services as good or better.

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Keeps Fidelity as the main account with a traditional bank only for cash, and finds the premium service the best, with US-based phone staff.

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Moved to the Fidelity CMA with zero issues linking banks and credit cards, about ten accounts working flawlessly on autopay.

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Has used the CMA for over a year and loves it, with no problems depositing checks by app or using the ATM card overseas.

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Finds the CMA works fine for everyday banking, with ATM fees reimbursed automatically, but needs a local bank for cash deposits.

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Has used the CMA about seven years with no issues and no brick-and-mortar bank.

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Has used the CMA as checking and bill-paying account for over ten years with no issues, no fees ever, and fantastic service.

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Very happy with how the CMA works, with interest on all cash, global ATM reimbursement and working bills, though some institutions are confused by UMB.

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Has used the CMA for over five years with no problems and says the SPAXX sweep and auto-sell work great.

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Has used the CMA as primary bank for a couple of years and is very happy; the only limits are no cash deposits or cashier's checks.

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Replaced bank accounts with the CMA a few years ago and has had no issues.

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Uses the CMA for everything except Zelle and a savings account, likes the ATM-fee refunds, but says it syncs poorly through Plaid with budgeting apps.

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Prefers Fidelity's CMA because cash sits in money market funds they trust, with competitive rates that follow the fed funds rate and auto-liquidation.

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Pays recurring bills with the CMA debit card, which was rejected once unexpectedly; got it resolved and still rates the CMA a B-tier banking experience.

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Used Fidelity as main bank for 15 years and was impressed when it quickly locked the account during a phishing fraud attempt.

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Says having no branches has been fine and a real estate closing wire went through in minutes with no fee.

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Uses the CMA as primary checking for a while and is very happy, keeping Chase only for Zelle and cash deposits.

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Has used the CMA as their only bank accounts for three years and has been very happy with it.

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Says the CMA has been fine apart from the few times they need to deposit actual cash, alongside Chase and a local bank.

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Could not link a crypto exchange to the CMA through Plaid and used a regular bank instead, but is overall happy with the CMA.

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Uses it as a primary account and finds bill pay and direct deposit entirely fine, with free ATM reimbursement and a yield that matches or beats most high-yield savings accounts.

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Has used the account as their main checking for around two decades and calls it generally great, with free ATM withdrawals and checks and decent interest.

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Uses the account as their only bank account for everything for over a decade; the only mild annoyance is the lack of Zelle.

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Reports zero issues, with paychecks arriving a day early, and wishes they had switched sooner; only misses Zelle and cash deposits.

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Has used the CMA for almost two years with no issues and wishes they had started sooner.

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Has had the CMA for 20 years and says it has been perfect as a checking account, with only cash deposits and Zelle missing.

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Has had the CMA for about ten years with zero issues and is very pleased.

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Has used the CMA for almost three years with no problems and keeps a credit union only for in-person needs.

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Has used the CMA as main checking account for about 20 years with no issues.

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Reports not a single issue in over four years of heavy use of the CMA.

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Happy with the CMA and no longer needs a separate high-yield savings account.

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Uses a Navy Federal and Fidelity CMA combination with no issues and recommends the Fidelity card.

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Has used the CMA for over 20 years with bill pay, ACH, wires and debit card, all with no issues.

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Has never had a problem in over 20 years at Fidelity, including with account locks, and loves the free wire transfers.

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Switched exclusively to a Fidelity CMA a few months ago, closed their BofA accounts and has loved it, keeping a Capital One 360 savings as a pass-through.

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Has used the CMA as main checking for years with no issues, with tradeoffs of no Zelle and no cash deposits.

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Has used the CMA as primary checking for about three years with no issues linking Citi or Amex.

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Uses the CMA as primary account with autopay for all cards through the card companies and has had no issues.