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I just realized that my fidelity core position is fcash which is described as a free credit balance and shows a current interest rate of 1.19% as of august 1st Spaxx’s rate is much higher, the only benefit to fcash in terms of getting your money out is if there is a gigantic economic downturn. It gives options to change to two different money market accounts spaxx (shows a 7 day yield of 1.42%) or fzfxx (shows a 7 day yield of 1.49%).
Fidelity brokerage account interest rate 2025. I compare them here.update january 2023 If you’ve got a fidelity investment account, you’ve probably encountered several options for your “core position” for cash
Spaxx, fdic, fcash, fdrxx, and/or fzfxx
Is there a best option
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