Cash Management Account | More Than A Bank Account | Fidelity (2024)

† Important information about comparison: The National Deposit Rates for Interest Checking is published by the FDIC. The average of rates paid on interest bearing checking accounts at all insured depository institutions and credit unions for which data is available, with rates weighted by each institution’s share of domestic deposit. The monthly average is published every 3rd Monday of each month. All published rates and yields are based on information available on the last business day of the prior month end. https://www.fdic.gov/resources/bankers/national-rates/

You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund’s sponsor, is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.

Fidelity's government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares.

The Fidelity Cash Management account is a brokerage account designed for investing, spending and cash management. Investing excludes options and margin trading. For a more traditional brokerage account, consider the Fidelity Account.

2. All assets of the account holder at the depository institution will generally be counted toward the aggregate limit. For more information about FDIC insurance coverage, please visit the FDIC website at www.FDIC.gov or call 877-ASK-FDIC. As referenced in the FDIC-Insured Deposit Sweep Program disclosure, customers are responsible for monitoring their total assets at the Program Bank to determine the extent of available FDIC insurance. All FDIC insurance coverage is in accordance with FDIC rules. Go to Fidelity.com/fcmacorebanks to see a list of eligible Program Banks, and the FDIC Disclosure Document.

3.Your account will automatically be reimbursed for all ATM fees charged by other institutions while using a Fidelity^® Debit Card linked to your Fidelity Cash Management Account at any ATM displaying the Visa^®, Plus^®, or Star^® logos. The reimbursem*nt will be credited to the account the same day the ATM fee is debited from the account. Please note that there may be a foreign transaction fee of 1% that is not waived, which will be included in the amount charged to your account. The Fidelity^® Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These 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 a license from Visa U.S.A. Inc.

Images are for illustrative purposes only.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917