Your cash deserves better

Where you keep your cash matters. At Fidelity, when you open a retail brokerage or retirement account, your cash automatically goes into our money market fund. Plus, only Fidelity offers zero account fees and zero minimums—so you'll know you're getting great value.

See how our rates stack up against the competition

As you can see from the table below, cash held in a Fidelity brokerage or retirement account works harder.

Yield as of 11/5/19
Yield may vary due to market conditions
Government Money Market Fund 7-day yield
Default Sweep APY
Default Sweep APY
Default Sweep APY

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. See current yield and most recent month-end performance for Fidelity? Government Money Market Fund SPAXX.

Cash earns a higher rate than the competition

Easy access to your cash whenever you need it

Zero account fees and zero minimums to open

Before you invest

You should know that money market funds have different characteristics than bank sweep and savings accounts, and read the fund's prospectus carefully. An important difference is that bank sweep products have FDIC protection, which guarantees principal and interest within limits; and money market funds and non-bank default sweep products are not. For further info, see The Fidelity fund yield is the average amount earned by the fund after expenses over the past 7 days (per date indicated), and annualized. The comparison APY is the amount of total interest earned on a bank product in one year. Please consider each type of account and products carefully, as there are differences in services and fees.

You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Let's put your cash to work

Just open a brokerage or retirement account. We'll automatically give any cash in that account the treatment it deserves.


Call or visit us today to set up an appointment.