Fidelity joint account

Cookiedough · ‎06-03-2025

My wife and I are looking to close our joint account with HSBC and move to another bank. HSBC was pretty hit and miss for us. Our account was suspended pretty much after every check deposit for fraud. It was frustrating.
I am looking to start investing more into retirement fund and maybe a college, too. Fidelity looks like overall a solid option. They offer Cash account which works as checking but also has investment properties. I have a few questions though.
Does Fidelity offer check book?
Does it has Zelle or similar for real-time payments?
Is it good to have a joint account with?

MarkintheHV · ‎06-04-2025

I moved all my banking to Fidelity. They offer free checks with the spend and save accounts (read checking and savings). They also reimburse ALL atm fees so you never have to go chase an ATM that wont charge you a fee. Usually withing 24 hours they have credited back the ATM fee that the machine took. While I dont use it, Fidelity does offer Zelle.

I moved everything to Fidelity. I like having all my finances in one company.

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Less Is More: Morgan Stanley AmEx BCP 70k | NFCU Flagship Visa 80k | AmEx Delta Reserve Biz 22k | BoA Atmos Visa 42K
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Varsity_Lu · ‎06-04-2025

I moved all my checking and large savings to Fidelity as well. You'll have a hard time finding a place that does as much as they do for free. High rate of return, free checks, online bill pay, fee free worldwide ATM use, etc. I like them so much I've moved our HSA and Roth IRA over to Fidelity as well.

I don't think they use Zelle, but I could be wrong because I don't use that anywhere anyway. I do still use physical checks and theirs are really nice. And it may not mean anything to you, but their checkbook cover is FABULOUS! Really. Just the nicest, classiest cover I've ever seen. Embossed, stiched...just classy.

As far as joint accounts, their set up is really good. Very easy to add a joint account and even if a person isn't a full owner, you can control and give them access to your account. Their app isn't the greatest, but I like it better than AmEx. Not as good as Cap One, though.

I've never heard anyone regret moving to Fidelity. I've only heard people give it high marks.

FICO® 8: 844 (Eq) · 838 (Ex) · 812 (TU)

ptatohed · ‎06-06-2025

In mid/late April, I opened a Roth IRA for each of my 3 kids. I started with $550 principle, and $50 / month contribution, each. The $637 you see is $550 original principle + one $50 contribution + $37 earned. $37 on $600 = 6.2% increase in 2 months. Obviously a small window in time but, no less, I am happy with Fidelity.

[Until I can make a pretty signature, here’s an updated draft]

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On my radar:
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Cookiedough · ‎06-06-2025

@MarkintheHV wrote:
I moved all my banking to Fidelity. They offer free checks with the spend and save accounts (read checking and savings). They also reimburse ALL atm fees so you never have to go chase an ATM that wont charge you a fee. Usually withing 24 hours they have credited back the ATM fee that the machine took. While I dont use it, Fidelity does offer Zelle.

I moved everything to Fidelity. I like having all my finances in one company.

Great! Thank you for the reply.

Cookiedough · ‎06-06-2025

@Varsity_Lu wrote:
I moved all my checking and large savings to Fidelity as well. You'll have a hard time finding a place that does as much as they do for free. High rate of return, free checks, online bill pay, fee free worldwide ATM use, etc. I like them so much I've moved our HSA and Roth IRA over to Fidelity as well.

I don't think they use Zelle, but I could be wrong because I don't use that anywhere anyway. I do still use physical checks and theirs are really nice. And it may not mean anything to you, but their checkbook cover is FABULOUS! Really. Just the nicest, classiest cover I've ever seen. Embossed, stiched...just classy.

As far as joint accounts, their set up is really good. Very easy to add a joint account and even if a person isn't a full owner, you can control and give them access to your account. Their app isn't the greatest, but I like it better than AmEx. Not as good as Cap One, though.

I've never heard anyone regret moving to Fidelity. I've only heard people give it high marks.

Awesome! Thank you. I stopped by the branch to open an account, but I wasn't very pleased with the service. However, I don't have $100K to invest to be eligible to open a bank account in person. I was then directed to the online platform.

Cookiedough · ‎06-06-2025

@ptatohed wrote:
In mid/late April, I opened a Roth IRA for each of my 3 kids. I started with $550 principle, and $50 / month contribution, each. The $637 you see is $550 original principle + one $50 contribution + $37 earned. $37 on $600 = 6.2% increase in 2 months. Obviously a small window in time but, no less, I am happy with Fidelity.

Appreciate you, thank you! Good insight.