Personal Finance (Not Investing) • Fidelity Cash Management Checking # question

Hello All,

I’m currently holding around $15K in an emergency fund in a brick and mortar bank. I’m thinking of doing most of my banking in Fidelity Cash Management and holding the money in a money market fund. Before transferring the $15K to Fidelity...
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Did anyone have any issues receiving or sending money to Fidelity’s “checking” number? Fidelity’s “checking” number is 17 digits compared to my current brick and mortar 10 digit checking number.

I would like use fidelity to pay for:

1) Property Tax
2) Credit cards
3) Utilities
4) Investments

Also, would like to receive money through Fidelity for:

1) Direct deposit from payroll
2) State and Federal tax returns
3) Dividends (vanguard)
4) Paypal payments
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Lastly, which money market fund would you suggest?

Any suggestions would be super helpful, thank you in advance!

Statistics: Posted by sighchological — Fri May 03, 2024 8:47 pm — Replies 0 — Views 26

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