Starting June 15, 2024, Fidelity Cash Management account will offer an elective option to have your default sweep account be the high-yield SPAXX money market fund (4.95% yield at time of this writing). Until now, their default deposit sweep is an  FDIC account with an interest rate which is not highly competitive (2.72% at time … Continue reading [Live] Fidelity Cash Management Account Adds High-Yield Sweep Option