Cash Management and Rewards

Here’s a summary of the main issue and the solutions discussed: Main Problem: The user is unable to complete more than 4 transactions with Privacy.com linked to their Fidelity Cash Management Account due to these transactions being classified as cash transfers, which hits a transaction limit. Solution Discussed: The user was advised to contact Privacy.com…

Main Problem: The user is unsure how to make additional principal payments on their mortgage using information provided by their local bank, specifically regarding adding the mortgage as an external account for easier payments. Discussed Solutions: The user can attempt to add the mortgage as a payee in Fidelity’s Bill Pay system, which allows users…

Here’s a summary of the main issue and solutions discussed: Main Problem: The user, MGoLou, wants to know how to view the names/entities under which their different accounts (brokerage and cash management) are registered, as this information is not available on the website. Solution Offered: Fidelity representatives suggest contacting them directly via social media or…

Here’s a summary of the main problem and solutions discussed: Main Problem: The user wants to know if they can designate funds from their core position to be included in the auto roll setup for purchasing more short-term CDs. Solution: Changes to the Auto Roll feature cannot be made for specific securities after the trade…

Summary: The user is confused about the $250 minimum transfer requirement while setting up their Cash Management Account (CMA) and how it affects overdraft situations. If the user selects “Free Self-Funded Overdraft Protection,” the CMA will only draw enough funds from the funding account to cover the shortfall, without a minimum transfer requirement. If the…

Summary of User’s Concern and Solutions Discussed: The main problem reported by GirlyCathy is confusion about how interest is earned in her cash management account with Fidelity, specifically whether the interest is earned daily or annually. FidelityDexter clarified that interest is calculated daily but paid out monthly, and the provided rates are annual, meaning GirlyCathy…

Here’s a summary of the user’s query and the response regarding Fidelity’s Cash Management Accounts: Main Problem: The user inquired about the limit on the number of Cash Management Accounts they could open at Fidelity and whether having multiple accounts would have any negative implications. Solution: Fidelity confirmed that there is no limit to the…

Here’s a summary of the main problem and any discussed solutions: Main Problem: The user is seeking clarification on the relationship between Fidelity and UMB regarding Cash Management Accounts (CMA), specifically whether a CMA is an account at Fidelity or at UMB that Fidelity brokers. Solutions Discussed: No specific solutions were mentioned in the post;…

Summary of the user’s issue and solutions discussed: Main Problem: The user is unable to deposit cash into their cash management account via ATM, as attempts at PNC bank were unsuccessful. Solution Provided: Fidelity currently does not accept cash deposits into accounts through ATMs. Additional Suggestion: Fidelity has offered to pass the user’s feedback to…

Summary of User Report: The main problem reported by the user is that a recent EFT transaction is only showing as processing in their transaction history and is not listed under upcoming activity. Fidelity’s representative explained that certain transactions may not appear under “Upcoming Activity” on the Cash Management page. To assist further, the representative…