Personal Investments • Cash at Fidelity

Because it is super nice to have your primary payment hub running at near rolling treasury rates automatically. I dump a huge amount of cash into my CMA, buy my MMF of choice and forget about all payments until it drops to <1.5 month of burn and repeat.

To achieve this setup, can one specify a "low balance alert" threshold for a regular brokerage account? Or is that feature only available on CMA?

Yes, you can setup daily balance alerts or only when the amount goes above/below a certain amount. Alternatively, you can use the cash manager to automatically transfer money when the balance gets too low (or high).

Note that I'm asking about brokerage accounts, not CMA. I've understood Cash Manager is only available on CMA. Are daily balance alerts and low-balance alerts available on non-CMA brokerage accunts?

Statistics: Posted by bople — Tue Jul 16, 2024 10:55 am — Replies 116 — Views 20589