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Fidelity Cash Management Account. 2.72%. $0. None. Bottom line. The main advantage of a cash management account is likely that it allows for higher FDIC insurance limits than a standard savings ...
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Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024, [4] Fidelity ...
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Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech , and as of Q2 2024 it offers its solutions in two primary segments: Banking Solutions & Capital Market Solutions.
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FDIC insurance: Many cash management accounts funnel your savings to multiple banks in their program, which allows you to have FDIC insurance on your funds beyond the typical $250,000 limit. Cons
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