Best Cash Management Account Rates

3 cash management accounts compared. Sorted by APY (highest first). Sample rates shown — verify each rate at the institution before opening an account.

Rate environment · as of 2026-05-21

Current US cash management account rates

3.25% – 3.75% APY

Typical range across leading online cash management accounts. Rates change frequently — verify the current rate at the institution before opening an account.

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Top US cash management accounts

Current rates at these providers may fall outside the range shown above — verify at the institution.

Betterment Cash Reserve

· Up to $2M FDIC via partners
· Unlimited transfers
· No monthly fee

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Wealthfront Cash Account

· Up to $8M FDIC via partners
· Free instant transfers
· No monthly fee

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Fidelity Cash Management Account

· Brokerage-linked
· Bill pay + check writing
· No monthly fee

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These are widely-recognized providers offering cash management accounts. APYCalculator does not earn commissions on links from this site and is not affiliated with any of these institutions.

Want to understand this account type first?

Cash management accounts from Wealthfront, Betterment, Fidelity, and Schwab use sweep models to expand FDIC coverage above $250,000. Compare CMA rates and features.

→ Read the full Cash Management Account guide