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Fidelity’s Cash Management Account solves the biggest pain points with traditional banks by delivering a smart way to grow your money and manage daily spending, all with no account fees and no minimum balance requirements. Choose between a top-tier 3.93% 7-day yield with the Fidelity Government Money Market Fund or secure a 2.21% APY through the FDIC-Insured Deposit Sweep, protecting up to $5 million in deposits—a major peace of mind for savers and investors alike. Enjoy worldwide ATM fee reimbursements and simplified financial management through a user-friendly debit card, streamlined bill pay, quick mobile check deposits, and instant spending insights, all backed by robust 24/7 customer support and protection against unauthorized activity. While it’s actually a brokerage account rather than a bank account, and certain transactions can be slower and not automatically FDIC-insured unless the sweep is selected, the value on offer is hard to match in today’s banking world. There’s one last catch about how this account could shift your approach to saving—stick around to find out what most people overlook. Pros: High yields with money market or FDIC sweep options No account fees and no minimum balance Global ATM fee reimbursements Full suite of spending tools and payment features 24/7 customer support and fraud protection Large FDIC coverage available (if selected) Cons: Technically a brokerage account, not a bank account FDIC coverage is not automatic without sweep option Some transactions may process slower than at traditional banks May feel unfamiliar for those used to regular bank accounts #FidelityCashManagement #BestBankAlternatives #HighYieldChecking #NoFeeBanking #ATMReimbursement #MobileBanking #FDICInsurance #CashManagement #PersonalFinance #FintechReview ⚠️ The views and opinions expressed on this channel are solely those of the creator and do not reflect the views of any companies or organizations mentioned. All product reviews and tutorials are based on personal experiences and research. Any pricings, percentages, rates, etc. mentioned in any videos are accurate until the time of recording. Please ensure to check the product info for the most updated numbers. While I strive for accuracy and thoroughness, all information provided is for general informational purposes only. Please do your own research before making any purchasing decisions. This channel may include affiliate links, which means I may earn a commission if you make a purchase through those links at no additional cost to you. By watching, you acknowledge that you are solely responsible for any decisions made based on the content provided. For business inquiries, please contact fixthisthenthat@gmail.com Attribution: Stock footage provided by www.freepik.com, www.pexels.com, www.canva.com