No, I didn't post this in the wrong place.
MySmart cash account is Fidelity's version of the bank checking account, and I need you guys to tell me why you think this is a bad idea. Its features include:
- No minimum balance
- Currently 3.5% APY
- Direct Deposit
- (Indirect) FDIC protection
- Unlimited free checks and check writing, no minimum
- Unlimited ATM reimbursements
- Free postage-paid deposit-by-mail envelopes for checks people write to you
- Free billpay
Is it my imagination, or have they gone loco en la cabeza? Seriously guys, I need you to play Devil's Advocate because I'm getting this sudden, inscrutable urge to transfer all of my money there....