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Post by ECE Prof on Dec 7, 2022 0:27:09 GMT
I saw today that the SPAXX (the Settlement fund) earns 3.35%. I use it to save and transfer from one checking to another. It is slightly lower than the interest rate of VMFXX (Vanguard fund). It is fine with me for a hassle-free investment brokerage.
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Post by Capital on Dec 20, 2022 10:42:57 GMT
The rate has been increased from 196bp to 219pb
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Post by anitya on Dec 20, 2022 16:42:53 GMT
The rate has been increased from 196bp to 219pb If you have a cash management account, can you still buy into FZDXX?
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Post by Capital on Dec 20, 2022 17:11:58 GMT
The rate has been increased from 196bp to 219pb If you have a cash management account, can you still buy into FZDXX? Yes. The Cash Management Account is a Brokerage Account. You buy FZDXX like you would any mutual fund.
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Post by Capital on Feb 4, 2023 17:05:23 GMT
The rate has been increased from 196bp to 219pb The rate has been increased from 2.19% to 2.32%
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Post by marpro on Feb 4, 2023 17:24:06 GMT
The rate has been increased from 196bp to 219pb The rate has been increased from 2.19% to 2.32% I wanted to inform you that I paid all my credit card bills directly from the FIDO brokerage account last month, without using the cash management account. In fact, I thought of adding two more bills also. I wanted to use the Chase bank account where all our income go from this month. Two more are pending, and we will know next week. There is only one problem. My utility bill payment change had to be done in the old-fashioned way – in person at the city office, with a cancelled check with our names on it. So, I still need one local account. Life will become simpler soon. Does the cash management account provide (free) checks? Please let me know.
--Your neighbor.
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Post by Capital on Feb 4, 2023 17:36:26 GMT
The rate has been increased from 2.19% to 2.32% I wanted to inform you that I paid all my credit card bills directly from the FIDO brokerage account last month, without using the cash management account. In fact, I thought of adding two more bills also. I wanted to use the Chase bank account where all our income go from this month. Two more are pending, and we will know next week. There is only one problem. My utility bill payment change had to be done in the old-fashioned way – in person at the city office, with a cancelled check with our names on it. So, I still need one local account. Life will become simpler soon. Does the cash management account provide (free) checks? Please let me know.
--Your neighbor.
marpro, yes the Cash Management Account provides free checks.
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Post by marpro on Feb 4, 2023 17:43:27 GMT
I wanted to inform you that I paid all my credit card bills directly from the FIDO brokerage account last month, without using the cash management account. In fact, I thought of adding two more bills also. I wanted to use the Chase bank account where all our income go from this month. Two more are pending, and we will know next week. There is only one problem. My utility bill payment change had to be done in the old-fashioned way – in person at the city office, with a cancelled check with our names on it. So, I still need one local account. Life will become simpler soon. Does the cash management account provide (free) checks? Please let me know.
--Your neighbor.
marpro , yes the Cash Management Account provides free checks. Thanks. I have sent an e-mail to the City office asking them if it is possible to use Bill Pay without any fee. Let me wait what they have to say. I will go ahead and register. I need to get the checks to my home address. We are still in the north country. We are planning to visit there in a few weeks.
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