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Is Fidelity a bank that is FDIC insured?
by GavinMcG 3y ago
Is Fidelity a bank that is FDIC insured?
- toomuchtodo 3y agoCash held in their cash management account is FDIC insured up to $5M when all partner banks are enabled for their sweep program. Otherwise, traditional limits apply. https://www.fidelity.com/why-fidelity/safeguarding-your-accounts https://www.fidelity.com/why-fidelity/safeguarding-your-acco...
- jon_richards 3y agoThis particular account will actually automatically split your money between several FDIC insured banks, effectively massively raising the limit.