PointBreeze
Recycles dryer sheets
We are planning to open a joint Fidelity brokerage account with just a money market fund in it (for now), and seriously considering opening a joint Cash Management account and ditching our joint checking and savings accounts at PNC. For the time being, we would both keep a PNC checking and PNC savings account, in order to have "local" money in case of some sort of Internet issue.
I have a few questions for those of you who have moved to a Fido Cash Management account:
I have a few questions for those of you who have moved to a Fido Cash Management account:
- Is there any delay in moving money from a money market fund in your Fido brokerage account to the Cash Management account, or does it happen instantaneously?
- Is there a limit on the number of times/month one can move $$ from the brokerage account to the Cash Management account?
- How long does an EFT take between your bricks and mortar bank and your Fido Cash Management account?
- What is the limit on the size of check that can be deposited into the Cash Management account via the mobile app?
- What important question(s) am I not asking?