The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Monday, August 27, 2007|
Fido Sinks its Teeth into Retail Checking Account Business
Fidelity has decided to delve into the retail checking account business, by offering the service, mySmart Cash, to select brokerage customers. The Boston Globe reports that the accounts pay an interest rate of 3.5 percent, well above the average for a checking account. The accounts can stand alone, but are meant to be linked to a customer's existing Fidelity brokerage or IRA accounts.
Printed from: MFWire.com/story.asp?s=15525
Copyright 2007, InvestmentWires, Inc.
All Rights Reserved