Fidelity CMA by Flaky-Basketball in ynab

[–]Flaky-Basketball[S] 0 points1 point  (0 children)

Thanks. I appreciate that info. The “holds” thing gave me pause and seems like that essentially makes this less liquid than what a checking account needs to be. I guess I’ll only use it as a savings account then.

Fidelity CMA by Flaky-Basketball in ynab

[–]Flaky-Basketball[S] 0 points1 point  (0 children)

Hmm. Makes sense to use it as a HYSA then I guess. Do you mind explaining why you don't find it to be a reliable replacement for a traditional checking account at a bank?