Fidelity’s Cash Management Account (CMA) is a hybrid checking-like account with standout features: unlimited worldwide ATM fee reimbursement, free outgoing wire transfers, no foreign transaction fees, Zelle support, and up to $5 million in FDIC coverage through a program bank network. It works well as either a travel debit card, a high-balance companion account, or a full-time checking replacement for customers who don’t need in-person branch banking.
Fidelity CMA at a Glance
| Feature | Details |
|---|---|
| Monthly fee | $0 |
| Minimum balance | $0 |
| ATM limit (standard) | $500/day |
| ATM limit (increased) | Up to $2,500/day |
| ATM fee reimbursement | Unlimited worldwide |
| Foreign transaction fee | 0% |
| Wire transfer (outgoing domestic) | $0 (confirmed Sept. 19, 2026) |
| Wire transfer (incoming) | Free |
| EFT daily limit | $100,000/day |
| Zelle | Supported |
| FDIC coverage | Up to $5,000,000 |
| Interest on cash | Money market rate (automatic sweep) |
Note: this page previously stated Zelle was not supported, which contradicted this site’s other Fidelity CMA pages (checking-account, review) — all of which list Zelle as supported. Corrected September 19, 2026 to match the rest of this site’s Fidelity content; confirm current Zelle availability directly at fidelity.com before relying on either version.
Fidelity vs. Schwab: Banking Comparison
| Feature | Fidelity CMA | Schwab Investor Checking |
|---|---|---|
| ATM fee reimbursement | Unlimited worldwide | Unlimited worldwide |
| Foreign transaction fee | 0% | 0% |
| Wire fee (outgoing) | $0 | $0 (per Schwab’s published fee schedule) |
| FDIC coverage | Up to $5M | $250K |
| Requires brokerage | No (standalone) | Yes (Schwab One) |
| Zelle | Yes | No |
All Fidelity Banking Guides
- Fidelity ATM Withdrawal Limit 2026 — daily limits, worldwide fee reimbursement explained, Fidelity vs. Schwab comparison
- Fidelity Wire Transfer Limit 2026 — EFT vs. wire, cutoff times, $0 outgoing wire fee, limits
- Fidelity Routing Number 2026 — 101205681 for direct deposit, ACH, and incoming wires
- Fidelity Fees 2026 — $0 monthly, unlimited ATM reimbursement, $0 outgoing wire fee
- Fidelity Customer Service 2026 — 1-800-343-3548, 24/7 phone and chat, 200+ investor centers
- Fidelity Hours 2026 — 24/7 phone, investor center hours, holiday schedule
- Fidelity Minimum Balance 2026 — $0 minimum, up to $5M FDIC coverage
- Fidelity Mobile Deposit Limit 2026 — $100,000/day, 4PM ET cutoff
- Fidelity vs Schwab 2026 — FDIC coverage, wire fees, ATM, and rates compared
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