CMA
Comerica Incorporated
stock NYSE

I personally have never had any issue with Fidelity. I have various accounts with them - workplace 401K, brokerages, CMA, HSA, and I use the credit card they issue through Elan. I had one fraud situation shortly after getting the credit card when I was trying to buy some gift cards at a local store. The purchase was denied, I got a call immediately from Fidelity, verified some things, and they allowed the charge to go through.
BTW, when depositing money to your CMA, always do a PUSH from the sending bank to avoid the long hold times. If you do a PULL from the Fidelity side, you'll be waiting 10+ days for your money to clear.

I opened an HSA account with Fidelity yesterday, then opened a CMA today & transferred two separate $100 deposits to that account. When I attempted to request a debit card for that account, I rec'd an error stating that I needed $250 in the account to have one issued. I then transferred another $100 but was still unable to request debit card. Called customer service & was told the deposits need to 'clear' and for me to check in a day or two. Tried logging in a few hours later & was greeted with a msg stating my account was blocked & I needed to call to unblock it. Call customer service again & was told my account was flagged for possible fraud. In order to verify my identity, they asked me for my former address, then asked me what year of Lincoln I used to own!!! OF course my answers were correct! Even with this info, I was told it will be "a few days or so" until I will be able to login again. NO notice of account being blocked and was told they will not be notifying me when issue is resolved. Was gonna move my entire IRA, over 1.5 mil, to Fidelity but this has made me re-think!!

Are there any consequences or negatives of getting too much ATM fee rebates for using Fidelity CMA debit card at international ATMs?
While traveling abroad, ATMs are charging over $10 in fees per withdrawal, and every time Fidelity has given a rebate for the fee, which is great.
It seems like there is no limit, but if rebates are costing Fidelity too much, will they take any action?

The Schwab Bank Debit Card and checks are covered by their guarantee. At Fidelity, you have to go through the third party bank for any claims of fraudulent transactions. My understanding is that sometimes the third party isn't very cooperative and Fidelity of not much assistance. As Fidelity explains:
>Credit and debit card and check-writing transactions, and physical theft are not covered by the Customer Protection Guarantee. For fraud which has occurred through such activity, refer to the terms and conditions sent with the card or first order of checks.
I also understand the Fidelity auto-liquidation sometimes fails (particularly if a CMA account has overdraft from a brokerage account). I've also heard the debit card sometimes rejects around 12 am eastern time (not sure if it's due to their CMA system doing batch processing or what). That may or may not be an issue depending on what time zone you are in.
Fidelity also has more of a hairpin trigger when flagging fraud and accounts seem to get locked for unexplainable reasons. Also, hold times on deposits can be longer especially if made by a check. Pushing instead of pulling funds may help to reduce that.
I agree Fidelity's auto-liquidation is convenient, but it's easy enough to keep money in a Schwab Money Fund linked to a Schwab Bank account. All you need to do is liquidate by market close on the day before spending. Brokerage serves as overdraft to checking so you don't really need to monitor it to see it's cleared and then transfer. Margin can cover if you forget. Again, Schwab Bank transactions are covered in the Schwab guarantee but not in Fidelity's guarantee. You still have Reg E protection with Fidelity but that is not quite as good.
Fidelity uses 13 digit account numbers which are sometimes problematic for direct deposit. You can usually get check writing with Fidelity that allows you to get a shorter account number, but that may depend on account type.
Finally, Schwab is much, much easier to work with if you go overseas. While they can not open accounts for residents of all countries due to those countries' restrictions of foreign financial firms, they can often transfer your Schwab account over to Schwab International if you have been a Schwab customer for some time (six months or a year - I don't think it's written anywhere) even in countries where you can't open a new account.

For Premium, Active Trader VIP, Private Client Group, and Wealth Management customers - yes. Basically if you have more money, it's a perk.
Luckily the CMA can be used as a regular brokerage account if you wish, so the distinction is somewhat moot.

Choose Vanguard! I opened an HSA account with Fidelity yesterday, then opened a CMA today & transferred two separate $100 deposits to that account. When I attempted to request a debit card for that account, I rec'd an error stating that I needed $250 in the account to have one issued. I then transferred another $100 but was still unable to request debit card. Called customer service & was told the deposits need to 'clear' and for me to check in a day or two. Tried logging in a few hours later & was greeted with a msg stating my account was blocked & I needed to call to unblock it. Call customer service again & was told my account was flagged for possible fraud. In order to verify my identity, they asked me for my former address, then asked me what year of Lincoln I used to own!!! OF course my answers were correct! Even with this info, I was told it will be "a few days or so" until I will be able to login again. NO notice of account being blocked and was told they will not be notifying me when issue is resolved. Was gonna move my entire IRA, over 1.5 mil, to Fidelity but this has made me re-think!!

You can't blame the bank when you are doing it incorrectly. I don't have any issue with my CMA or any other accounts at Fidelity.
[https://thefinancebuff.com/ach-transfer-push-pull.html](https://thefinancebuff.com/ach-transfer-push-pull.html)

What about the reverse? Let’s say I need to transfer money from my CMA to bank account for whatever reason. Do you push from Fidelity and it shows in the bank rather quick? My CMA is savings for me and don’t intend to touch it, just curious.

* not often
* not as good as I’d like
* CMA w/monthly investment
* Brokerage Account
* Roth IRA w/monthly Auto investments
* Rollover IRA
* Employer sponsored Savings Plan
* Fidelity CC

And that’s putting it very lightly.
Honestly, whoever changed this policy for a 10 business day hold should be shot. By far this is worst and consumer unfriendly policy I have ever encountered from a bank
>EFT transfer from an external account? 10 business day hold
>Depositing a check to my CMA from a branch? 16 calendar days until the funds were finally released because I made the deposit at 2 pm PST.
>HSA reimbursement funds from a non Fidelity account? You guessed it another 10 business day hold
I have been burned multiple times because of this shitty policy, and I had to eat numerous return check fee because of this change . I can understand five business days for verification however, at this rate, it is easier and quicker to close on a car or house than fidelity to release my fucking money. Sure, I can withdraw money from an ATM internationally for free, but if I cannot transfer money to my CMA quickly , this benefit is beyond useless. I hate that it’s marketed as a one stop shop however Fidelity seems to have a problem with giving me my money in a timely manner. And 14 calendar days is not a very timely manner.
I just needed to rant because I want to punch a wall over this. I despise excessive bank holds.
>

My household (me and my spouse) have everything except cryptocurrency. I have a CMA (used to be just brokerage), a traditional IRA (transferred my employer -sponsored 401k here a few years ago), and a Roth IRA. My spouse has a brokerage, employer-sponsored 401k and a Health Savings account.
I also have the Fidelity (Elan) credit card.
I maintain a checking account at a bank just to have Zelle capabilities.

CMA
Brokerage
Traditional IRA
Roth IRA
HSA

I was just asking myself the same question yesterday. I’ve usually held all my money in FDLXX. I didn’t find much yield difference for the muni funds (I live in NJ not CA). 
But I ultimately went with USFR for most of my emergency fund and am keeping the rest in FDLXX for auto liquidation since the same account operates like my checking account. I also have about $500 in my CMA in FDLXX but I only use that account to withdraw cash. 
Over time I hope to fine tune how much exactly I need in FDLXX so I have no overdraft risk but I’m not going to sweat it that much. Maybe like 1.5 times my monthly expenses. 

Brokerage, CMA, Trad IRA, Roth IRA.

Brokerage, CMA, IRA for me and my wife

Brokerage, CMA, 401k, IRA, Roth, 529s, UTMA

Can you download transactions from a CMA account into quicken? If so, how?

[2024 Percentage of Income from U.S. Government Securities](https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/taxes/TY24GSESupplementalLetter.pdf)
FDLXX was like 97% tax exempt last year, but I have no idea to what extent for California. If you have a Fidelity CMA, you'd benefit from FDLXX auto-liquidation to cover transactions.
Also, fuck Black Rock.

Brokerage
TIRA
RIRA
401k through a non-Fidelity account
And a CMA as the cherry on top

currently have a brokerage, IRA, and CMA right now. Will open a health savings account and employer-sponsored retirement account once I start working