Save smarter for your short-term goals

Give your savings a boost with the Fidelity Cash Management Account.

First, let's pick your money goal

Great! You want to grow your savings.

When saving for short-term goals (things you want to buy or do in the next 3 years), it's important to keep your money somewhere it will be accessible and earn a competitive rate.


Emergency fund     Vacation     A big purchase

Consider the Fidelity Cash Management Account

A smart alternative to traditional banking. It’s designed with the features of a traditional bank checking account, but you can earn well above the traditional checking account national average rate.1


You can open an account in just minutes, so you’ll be quickly on your way to saving for your goals.


  • Get started with as little as $1—no account fees or minimums.2
  • Simplify your payments with a free secure debit card, checkwriting, and Bill Pay.
  • Organize your money and help visualize your goal progress by nicknaming your account.
  • Put saving on autopilot with direct deposit and automatic transfers.
  • Enjoy reimbursements for global ATM fees.3
  • Make as many withdrawals and transfers as you like. There’s no limit to how often you can access your money.

You have a choice where to keep your cash: When you open an account, you can choose if you’d prefer to keep your money in a money market fund or FDIC-insured option. If you need help deciding, you can call us anytime at 1-800-343-3548. A real person is always available to help, day or night.


Open a cash management account

Choose from 2 competitive options for your cash


Fidelity® Government Money Market Fund



Inflation can slowly eat your dollars. You may want to consider this option if you want to maximize your potential earnings. Your cash is automatically held in a money market fund (SPAXX).



Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so investors may have a gain or loss when shares are sold. Current performance may be higher or lower than what is quoted. Click or tap the security for most recent month-end performance.


FDIC-Insured Deposit Sweep Program



You may want to consider this option if you want additional protection. Your cash (up to $5 million) is insured by the Federal Deposit Insurance Corporation (FDIC). We automatically place your cash in an account at one or more program banks.5

Other ways to save for short-term goals


Check out this article to learn about other options you might want to consider for your cash.

 

We love your questions


Sometimes a conversation is what you need to get started (or keep going). Talk to a financial professional (for free) to help you plan for the things that can affect women's finances—from living longer to higher health care costs. We got you.


Call us anytime at 1-800-FIDELITY (800-343-3548)


Not sure what to ask? Check out these conversation starters.