Does Fidelity pay interest on uninvested cash as of December 2024?
If you have uninvested cash lying around on your brokerage account, you should make it work for you in a low-risk way instead of letting it lose value. Many brokers now offer meaningful interest on your idle cash.
'Conditions may apply': check the fine print for receiving interest
The interest you can earn on uninvested cash in your brokerage account may vary depending on different factors, so you should always check the exact conditions that apply.
The most frequent factors that usually influence the rate you will get are account type, minimum balance requirements, and account size, for example.
Below you can find all the information we have on cash interest at Fidelity, straight from our Fidelity review:
Interest earned on uninvested cash
Fidelity does not require a minimum amount of cash to be held in your account to pay interest. The broker will move your uninvested cash into an interest bearing account at one or more program banks to earn interest. Your cash will be protectd by FDIC insurance.
As of the time of the review, Fidelity provides the following interest rate on uninvested cash:
- 2.4% APY for USD
Find the best brokers for earning interest on your uninvested cash
Does your broker not offer any interest on idle cash? Or do you want to check whether its interest rates are competitive with the rest of the market?
Check our toplist of the best brokers for cash interest to find brokers with the most attractive rates.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Fidelity stock conditions explained
- Stock trading at Fidelity: an expert guide and rating
- Fidelity penny stocks trading conditions explained
- Fidelity bond availability
- ETF trading conditions at Fidelity explained
- Fidelity fractional shares trading conditions explained
- Are margin interest rates low at Fidelity?
- Fidelity ESG investing
- Fidelity invest $100,000
- Fidelity IPO accessibility
- Fidelity Mexican stocks trading availability
- Fidelity US stock trading details
- Fidelity Australian stocks trading availability
- Fidelity Canadian stocks trading availability
- Fidelity Japanese stocks trading availability
- Fidelity French stocks trading availability
- Fidelity Italian stocks trading availability
- Fidelity Swiss stocks trading availability
- Fidelity Hong Kong stocks trading availability
- Fidelity Dutch stocks trading availability
- Fidelity Spanish stocks trading availability
- Fidelity Singapore stocks trading availability
- Fidelity Swedish stocks trading availability
- Fidelity Norwegian stocks trading availability
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
