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by toomuchtodo
1488 days ago
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Their Cash Management Account is a brokerage account that mimics a checking account. ATM fees reimbursed domestically and internationally, free wires, accepts ACH and wires, can keep up to $1.25M in it and still have FDIC coverage through underlying sweep to partner banks. No monthly fees or account minimums. PNC issues their debit card. You can hold securities in the account if you want to, but are not required to. You can also overdraft using margin or other financial instruments if desired, but again, not required to. They are a high quality financial services provider. https://www.nerdwallet.com/article/banking/fidelity-cash-man... |
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