Fidelity Uninvested Cash Interest 17

A cma, uninvested cash does sit in cash via fdic funds in a deposit sweeping program, like a regular checking account, however it does earn interest. You still need to purchase securities. A core position, used for processing cash transactions and holding uninvested cash, is established automatically when you open an account. The default core position for individual. At the time of writing this, the interest rate earned for the cash deposit sweep in a fidelity cash management account (cma) is 0. 82% and the rate earned in the fidelity government money.

You can earn up to 2. 4% on usd. What are the benefits of getting interest on uninvested cash? Earn additional money without active. Starting next year, fidelity will put.