Fidelity Savings and Money Market Rates

Latest rate data: October 16, 2026

Savings Accounts

Fidelity Cash Management

Bank sweep / cash account · Insurer not verified

1.96%

APY

Minimum balance

Opening deposit

History under review · Chart and rate change unavailable.

Account details & sources

Last checked: Oct 16, 2026
Last attempt: Oct 16, 2026

Choose between an FDIC bank sweep and SPAXX. SPAXX is a money-market investment and is not FDIC-insured.

The displayed APY applies to the FDIC-Insured Deposit Sweep. Money-market fund yields are shown separately in the fund listings.

History is under review: observations mixed an FDIC bank sweep APY with a money-market fund yield. These are different products and cannot form one comparable rate history.

Selected terms reviewed 2026-10-02 · Provider source

Compare fees, requirements, and alternatives

Money Market Funds

Fidelity Money Market

Money Market Fund • SPRXX

3.58%

7-day SEC yield

Expense Ratio

0.42%

Minimum Investment

Observed change

Rate date

Oct 16

Rate details & state tax

Last checked: Oct 16, 2026
Last attempt: Oct 16, 2026

U.S. government income: 14.56%. Fidelity 2025 tax report

No exemption in California, Connecticut or New York; the fund does not meet their thresholds. Other state rules apply.

History under review · Chart and rate change unavailable.

History is under review: a recorded drop to zero followed by a quick rebound needs verification. The chart and change calculation are withheld; the raw observations have been preserved.

Fidelity Municipal

Money Market Fund • FTEXX

2.25%

7-day SEC yield

Expense Ratio

0.39%

Minimum Investment

Observed change

+0.44 pp

Rate date

Oct 16

Rate details & state tax

Last checked: Oct 16, 2026
Last attempt: Oct 16, 2026

State exemption varies by state. Fidelity 2025 tax report

Indiana state-exempt income: 10.91%. Indiana supplement

Utah state-exempt income: 31.88%. Utah supplement

Other state exemptions require the applicable state rules and fund allocation. AMT may apply.

Rate history

Last observed SEC yield 2.25% on Oct 16, 2026; up 0.44 percentage points since Jul 16, 2026.

Fidelity Prime Premium

Money Market Fund • FZDXX

3.70%

7-day SEC yield

Expense Ratio

0.36%

Minimum Investment

$100,000

Observed change

+0.25 pp

Rate date

Oct 16

Rate details & state tax

Last checked: Oct 16, 2026
Last attempt: Oct 16, 2026

U.S. government income: 14.56%. Fidelity 2025 tax report

No exemption in California, Connecticut or New York; the fund does not meet their thresholds. Other state rules apply.

Rate history

Last observed SEC yield 3.70% on Oct 16, 2026; up 0.25 percentage points since Jul 16, 2026.

Fidelity Government

Money Market Fund • SPAXX

3.50%

7-day yield

Expense Ratio

0.42%

Minimum Investment

Observed change

+0.24 pp

Provider date

Oct 15

Rate details & state tax

Last checked: Oct 16, 2026
Provider date: Oct 15, 2026
Last attempt: Oct 16, 2026

U.S. government income: 50.9%. Fidelity 2025 tax report

No exemption in California, Connecticut or New York; the fund does not meet their thresholds. Other state rules apply.

Rate history

Last observed SEC yield 3.50% on Oct 16, 2026; up 0.24 percentage points since Jul 16, 2026.

Fidelity Treasury Only

Money Market Fund • FDLXX

3.54%

7-day SEC yield

Expense Ratio

0.42%

Minimum Investment

Observed change

+0.21 pp

Rate date

Oct 16

Rate details & state tax

Last checked: Oct 16, 2026
Last attempt: Oct 16, 2026

U.S. government income: 98.67%. Fidelity 2025 tax report

Meets the California, Connecticut and New York fund thresholds. State rules apply.

Rate history

Last observed SEC yield 3.54% on Oct 16, 2026; up 0.21 percentage points since Jul 16, 2026.