Self-employed? Keep it simple with a separate account for work

Separating your work and personal money lets you simplify your cash flow so you can take control of your finances. If you're not incorporated, a Fidelity^® Cash Management Account for your work finances can help.

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When you work for yourself, the money you earn is yours. You likely don't think twice about using your personal checking account to deposit checks and track expenses. Here's how opening a second account just for work can make a difference.

Better track cash flow and manage expenses

A clearer picture of money coming into and going out of accounts you use for work lets you plan more accurately.

Be more prepared for tax season

Keeping work finances separate can help simplify the tax filing process, which may help avoid mistakes and potential penalties.

Make your work more attractive

When your finances are organized, it can be a sign your work is too, giving those you do business with peace of mind.

Our award-winning account¹ lets you track and manage all your business transactions in one place.

Get organized

Easily track business income and expense online.

Spend & save smarter

No monthly account fees or minimums.²

Put your money to work

Earn well above national average³ for traditional checking account.

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No monthly fees or minimums²

Fidelity ^® Government Money Market Fund (SPAXX) option with 4.95% 7-day yield⁵ as of June-11-2024

Free online transfers with banks⁴

FDIC insurance option on cash with 2.72% APY as of June-11-2024⁶

Secure debit card

ATM fees reimbursed globally from other institutions⁷

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.

Transfer with Venmo, PayPal (and more)

In addition to free online transfers with your bank accounts⁴, you can easily transfer money between your Fidelity^® Cash Management Account and peer-to-peer payment services like Venmo, PayPal, and other popular apps.

Set up automatic transfers

Schedule recurring transfers to deposit money to your bank account or move money between your Fidelity accounts. Or, automatically transfer money from your Fidelity^® Cash Management Account to investments in your retirement or brokerage accounts.

Open as many accounts as needed

Already have a Fidelity^® Cash Management Account for your personal finances? You can open as many accounts as you like. An additional account may be a good option to keep your business and personal finances separate.

See how a Fidelity^® Cash Management Account can help you get organized and take control of your business finances—even if you're just starting out .

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