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Personal Finance (Not Investing) • Re: Is there a benefit to having a cash management account?

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Fidelity CMA will reimburse for any ATM transaction which is nice. It pays good interest. I’ve been using it for 1 year since getting married and moving all our assets at Fidelity. It has routing and account number same as a checking account.

I will say we are considering switching because it does not work well with YNAB. It also has unusually long holds but that is a Fidelity issue.
When you ACH push from your CMA, does the receiving bank get it the next business day?

Statistics: Posted by runr — Sat Mar 01, 2025 10:58 pm



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