NOTE: SPAXX will be available as a core position in Fidelity's Cash Management Account as of June 15, 2024. I will be switching over!

TL;DR; - Fidelity Cash Management Account is the winner in my book!

A viewer asked me to do a video on the Fidelity Cash Management Account vs. the Schwab Bank Investor Checking Account, so here we are! This video will compare the features between Fidelity's CMA and Schwab's Investor Checking as well as which one I would pick. I have both accounts but I definitely have a preference in 2024. Watch and see how they compare!