Category: Fidelity
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[Live] Fidelity Cash Management Account Adds High-Yield Sweep Option
Written by Chuck @ Doctor Of Credit Starting June 15, 2024, Fidelity Cash Management account will offer an elective option to have your default sweep account be the high-yield SPAXX money market fund (4.95% yield at time of this writing). Until now, their default deposit sweep is an FDIC account with an interest rate which…