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Why I left banks and high-yield savings accounts for the Fidelity Cash Management Account

Money Monk 248,101 3 months ago
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Over six years ago I quit banks and moved to Fidelity for my banking needs. In this video I will share why it worked for me and why I think it's the best service around. Setting up an account has saved me so much time and money, while earning the best rate for my money. No more hassling with bank fees, ATM fees, or hoops to earn interest. If you enjoy my content and want more privacy/security when managing your finances, consider a Proton VPN/Mail/Password manager solution. It’s how I secure my finances and if you make a purchase the channel makes a small $: Proton VPN: https://go.getproton.me/aff_c?offer_id=26&aff_id=10927 If you enjoy this content and have questions or want other topics covered, you can sign up for my weekly newsletter! I have a new form where you can ask questions or make requests and I will answer them on a new video series. In my newsletter I cover everything from budgeting, saving, investing, and current events that impact your money. It also serves as a helpful recap of my weekly videos: https://www.moneymonk.co/ Thank you to everyone that has subscribed and enjoyed this content! Fidelity’s Website: https://www.fidelity.com/spend-save/fidelity-cash-management-account/overview Chapters: 01:13 Wealth mindset when choosing a bank 02:50 Cash Management Account Benefits 03:58 Better interest rates 09:10 Incredible ATM benefits and zero fees 10:29 Automation and multiple accounts 12:17 Why I keep one regular bank account 13:10 Full system 14:12 Security #personalfinance #fidelity #wealthbuilding

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