Originally Posted by
Boraxo
I had a similar experience - unlike every major bank Fidelity will not issue an ATM-only card and refuses to lower the debit card limit. As a practical matter, this means I don't keep excess funds in my primary cash management account, to limit the exposure. Less profit for Fidelity.
Since I can open up an unlimited number of accounts, basically with the click of some buttons or a quick call, it is very easy to designate one as your ATM account, and put enough in it that meet your travel needs, yet you can afford to loose. While not an optimal solution, one's "real money" sits in other accounts, unexposed....