Fidelity Cash Management Account’s mobile deposit limit is $100,000 per day — one of the highest in the US banking industry, matching Charles Schwab. The cutoff is 4:00 PM Eastern Time. Fidelity charges no fee for mobile deposit.

Fidelity Mobile Deposit Quick Reference

Detail Fidelity CMA
Daily deposit limit $100,000
Cutoff time 4:00 PM ET
Fee $0
Next-day availability First $225 (Reg CC)
Full availability 1–2 business days (most checks)
Endorsement required Sign + “For Mobile Deposit Only”

Fidelity Mobile Deposit vs Other Banks

Bank Daily Mobile Deposit Limit
Fidelity CMA $100,000
Charles Schwab $100,000
Ally $50,000
USAA $10,000
Discover $10,000
SoFi $5,000
Chime $2,000
Chase $2,000
Bank of America $2,500
Wells Fargo $2,500

Fidelity and Schwab share the highest standard mobile deposit limit at any major US consumer bank.


Why the $100,000 Limit Matters

For most consumers depositing paychecks under $5,000, any bank’s mobile deposit limit is sufficient. Fidelity’s $100,000 limit becomes significant for:

  • Realtors receiving large commission checks
  • Business owners depositing large client payments
  • Investors receiving proceeds checks from investment liquidations
  • Retirees receiving large one-time distributions (IRA distributions, pension lump sums)
  • Settlement recipients depositing legal settlement checks

Funds Availability Timeline

Check Type First Available Fully Available
First $225 of any deposit Next business day
Payroll / direct paycheck 1 business day 1–2 days
Government / Treasury checks 1 business day 1–2 days
Personal checks 2 business days 2–5 days
Checks over $5,525 (excess) Up to 7 extra days Up to 9 days total

Fidelity follows Regulation CC. First $5,525 of most check deposits is available within 2 business days. Amounts above $5,525 may be held up to 7 additional days.


How to Make a Fidelity Mobile Deposit

  1. Endorse the check: Sign the back and write “For Mobile Deposit Only” below your signature
  2. Open the Fidelity app → tap TransactDeposit
  3. Select your Cash Management Account
  4. Photograph front and back — good lighting, all four corners visible
  5. Enter the exact check amount
  6. Submit before 4:00 PM ET for same-day processing
  7. Keep the original check for at least 15 days after it clears

WealthVieu
Written by WealthVieu

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