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Open Eligible Fidelity Investment Account + Deposit $50+ & Get Expired

$100 Cash Balance
(New or Existing Customers)
+432 Deal Score
243,137 Views
Fidelity is offering a $100 Cash Reward/Balance (deposited to your account) when you open a Eligible Fidelity Investment Account using promo code FIDELITY100 and Deposit $50 (minimum) or more within 15 Days of opening your account.

Thanks to Community Member rammgasm for posting this deal.
  • Note: Offer applies to The Fidelity Account®, Cash Management Account, Roth IRA, or traditional IRA accounts. $100 cash reward must be kept in the account for a minimum of 90 calendar days. Offer is valid for New or Existing Customers).
Deal Instructions:
  1. Visit the offer page HERE
  2. Select your desired Fidelity Account:
    • The Fidelity Account
    • Fidelity Cash Management Account
    • Roth IRA
    • Traditional IRA
  3. Proceed through the form until you reach the Personal Information section
  4. Ensure promo code FIDELITY100 is applied below your email
  5. Continue through the account-creation process and complete your account
  6. Make your Deposit of $50 or more within 15 Days
  7. Fidelity will deposit $100 into the account within 25 calendar days after opening your account
    • Note: you must keep the $100 cash reward (minus any losses related to trading or market volatility, or margin debit balances) in the eligible account for a minimum of 90 calendar days starting from when you receive the reward

Original Post

Written by
Edited October 27, 2021 at 09:53 AM by
Cash offer FAQs
https://www.fidelity.com/go/offer-faqs

Get $100 when you open a new eligible Fidelity account with $50 or more using code FIDELITY100. Tap for details! Limited time offer. Terms apply.

https://www.fidelity.com/go/special-offer


Here's how the offer works

Open a new account
Use promo code FIDELITY100 when opening The Fidelity Account®, Cash Management Account, Roth IRA, or traditional IRA.*

Fund it with $50
Deposit $50 or more within 15 days after opening your account.

Get your $100
Receive your cash reward! We'll add $100 within 25 days after opening your account

https://www.fidelity.com/go/terms-conditions
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+432
243,137 Views
$100 Cash Balance
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

593 Comments

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Featured Comments

"Fidelity Cash Management Account
Better than traditional checking, a Fidelity® Cash Management Account offers attractive rates and easy cash management."

Current interest rate - 0.01%

Yeah, no thanks.
Not if you're an existing customer. Maybe if you're new, but I did it with the Spire offer and this just now and no hard pulls either time.
https://www.fidelity.com/go/offer-faqs

Do I have to keep the $100 cash reward at Fidelity once I receive it?

Yes. While you don't need to keep your initial deposit of $50 in the new account for more than the qualification period, you must keep the $100 cash reward (minus any losses related to trading or market volatility, or margin debit balances) in the eligible account for a minimum of 90 calendar days starting from when you receive the reward.

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Joined Dec 2007
L10: Grand Master
> bubble2 10,623 Posts
391 Reputation
boosterjm
10-25-2021 at 09:33 AM.
10-25-2021 at 09:33 AM.
Quote from rdog86 :
I got a 2nd email about the $100 that arrived a few minutes later.
Yes, I got the 2nd email as well, took almost an hour after first one !
Reply
Joined Apr 2018
L6: Expert
> bubble2 1,685 Posts
167 Reputation
krnprogamer
10-25-2021 at 09:33 AM.
10-25-2021 at 09:33 AM.
Quote from RedElmo :
But it's another account opened in your name to manage.

Which you can close without any issue after 90 days...seriously wtfis wrong with people..it's free $100 by investing $50...
Reply
Joined Dec 2007
L10: Grand Master
> bubble2 10,623 Posts
391 Reputation
boosterjm
10-25-2021 at 09:33 AM.
10-25-2021 at 09:33 AM.
Quote from AquaShop6180 :
I got the same message, my info is accurate so I don't know how to fix it
If your info is accurate, what's there to fix?
Reply
Joined Apr 2018
L6: Expert
> bubble2 1,685 Posts
167 Reputation
krnprogamer
10-25-2021 at 09:35 AM.
10-25-2021 at 09:35 AM.
Quote from lazzlazz :
Is there a fee for closing the account?
I paid one 10 years ago for closing a Fidelity account.
Even if they say there isn't a fee now, that can change.

Terms can always change but if the term is no fee to close account during the time you create an account, the term must stand even if they change it the next day. If you are that worried, save the fine print if you can find one.
Reply
Joined May 2017
L1: Learner
> bubble2 6 Posts
30 Reputation
creamypeanutbuttercu
10-25-2021 at 09:38 AM.
10-25-2021 at 09:38 AM.
Quote from tigre99 :
I don't think you can. You need to open a new account of one of the four account types.

Thanks
Reply
Joined Dec 2006
L7: Teacher
> bubble2 2,452 Posts
496 Reputation
lazzlazz
10-25-2021 at 09:55 AM.

Our community has rated this post as helpful. If you agree, why not thank lazzlazz

10-25-2021 at 09:55 AM.
Quote from blahbooboo2 :
careful, you often cant contribute to an IRA for any real benefit if you already contributed to 401k

https://www.investopedia.com/ask/...k)_ira.asp
Most people CAN max out an IRA AND a 401k/403b. The only people who can't is people whose income (MAGI) is too high - keep in mind, traditional IRA and 401k/403b deductions reduce your MAGI.
https://www.investopedia.com/ask/...k)_ira.asp

And, if you have access to a governmental 457, that also allows you to make pre-tax contributions to a retirement account, on top of what you're contributing to any IRAs and 401k/403b.
(457s can be offered by governmental agencies to their employees, and some not-for-profits can also offer them to employees. However, note that there a significant differences between governmental 457 and 457s through a non-profit (but not governmental) employer. A key difference is that a 457 through a non-profit could be raided by that non-profit's creditors - which puts your 457 funds at risk. There is no such risk to a governmental 457. But pay attention to how much you pay in fees for 457 investments - sometimes they can be fairly high, although with governmental 457s, that's less likely to be the case. Given recent changes in regulations/laws regarding employers' fiduciary responsibilities, ridiculously high fees in investment accounts are less likely. Note that if you're paying more than about 0.30% in fees (Expense Ratio + management + any other administrative fees, you're really paying too much. Some employers still don't have low fee options, though, so you might be stuck paying more than that - and your retirement balance (over the long term) is going to be negatively affected by higher fees. )
Money in 457s can be withdrawn (and is subject to income tax) after you leave the employer without any penalty - the tax law for 457s does not include a 10% penalty for 'early withdrawals'. So if you have access to a government 457 with low fees, that's a good place to put some retirement money (after you've contributed enough to the employers 401k/403b to get any 'match' from the employer). You don't want to plan on withdrawing retirement funds early - but government 457s make such an option less costly - once you terminate employment with that employer. (Governmental 457s are a good place to put a portion of your emergency fund - the part you would only need if you lost your job. Be aware that hardship withdrawals from 457s while still employed by the employer are subject to stricter rules than they are for 401ks/403bs.)

401ks/403bs are subject to payment of a 10% penalty for withdrawals before age 59.5, unless you meet eligibility criteria to avoid the 10% penalty. One such way to avoid the 10% penalty is via the "Rule of 55" - you retire from an employer in the year in which you turn 55 (or later) - at that point, the money in the 401k/403b for that employer only can be withdrawn without payment of the 10% penalty (it will be subject to income tax). This means that if your birthday is on Dec 30, you can retire anytime after Jan 1 of the year in which you turn 55 (i.e., you can be 54 when you retire, as long as you turn 55 in the calendar year in which you retire).
2
Reply
Joined Dec 2006
L7: Teacher
> bubble2 2,452 Posts
496 Reputation
lazzlazz
10-25-2021 at 09:57 AM.
10-25-2021 at 09:57 AM.
Quote from krnprogamer :
Terms can always change but if the term is no fee to close account during the time you create an account, the term must stand even if they change it the next day. If you are that worried, save the fine print if you can find one.
No, that's not true. Fees for closing an account can be added later. It's possible they may need to give you some notice (30 days or something), but financial institutions definitely can change whether there is a fee (and other terms of the account). (And most people fail to read such notices, plus, even if they notice, they may have been using the account for years and decide it's too much of a pain to move the money.)
Reply
Last edited by lazzlazz October 25, 2021 at 10:01 AM.

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Joined Aug 2006
L2: Beginner
> bubble2 233 Posts
104 Reputation
pink123
10-25-2021 at 10:05 AM.
10-25-2021 at 10:05 AM.
I love those deals on slickdeals. They somewhat offset the money i wasted on stuff (found on slickdeals) i don't need.
Reply
Joined Feb 2018
L2: Beginner
> bubble2 220 Posts
34 Reputation
MacGruber77
10-25-2021 at 10:08 AM.

Our community has rated this post as helpful. If you agree, why not thank MacGruber77

10-25-2021 at 10:08 AM.
Quote from newbharry :
Do the cash management then
A feature/benefit with Cash Management account.

Free checkwriting and free access to Fidelity BillPay®
1
Reply
Joined Apr 2006
L6: Expert
> bubble2 1,629 Posts
256 Reputation
pastramiavocado
10-25-2021 at 10:11 AM.
10-25-2021 at 10:11 AM.
I'm existing Fidelity customer but I don't see a place to put in the code. I went from the very beginning up to the last page before clicking Open Account.

Get Started page -> Fidelity® Cash Management Account -> Individual -> Logged in and confirmed information

Edit: Found it, it was on the confirmation page! Smilie
Reply
Joined Feb 2015
L3: Novice
> bubble2 225 Posts
26 Reputation
.SKITTLE.
10-25-2021 at 10:29 AM.
10-25-2021 at 10:29 AM.
Quote from FrozenBeer :
so what's the catch?
Probably so Fidelity can attract new customers. They also offer "zero-fee funds" to do something similar (although there is a potential legit downside with those: they don't actually 100% track the indexes because they are proprietary and don't actually own as many companies.)
Reply
Joined Apr 2015
L3: Novice
> bubble2 116 Posts
33 Reputation
Sliqdealer
10-25-2021 at 10:30 AM.
10-25-2021 at 10:30 AM.
Quote from blahbooboo2 :
careful, you often cant contribute to an IRA for any real benefit if you already contributed to 401k

https://www.investopedia.com/ask/...k)_ira.asp [investopedia.com]
Not really. You can always contribute to a traditional IRA. You can't always get the tax benefit but you can easily get around that by converting it to a Roth IRA.
Reply
Joined Feb 2015
L3: Novice
> bubble2 225 Posts
26 Reputation
.SKITTLE.
10-25-2021 at 10:35 AM.
10-25-2021 at 10:35 AM.
Quote from RVD26 :
Which is preferred for a newbie to investing? Vanguard or Fidelity?
Both are great (why not have both? Taxable account with Fidelity and IRA with Vanguard, or vice-versa.) Jack Bogle and Vanguard were the pioneers of low-cost index funds, and their funds are customer-owned, so I prefer Vanguard. Although Fidelity has a better design, has checking account and cash-back card options, and they have some new "zero-cost funds". Opening an IRA with either--or Schwab, M1, etc.--will do wonders in the long run.
Reply
Joined May 2013
L3: Novice
> bubble2 288 Posts
50 Reputation
puffytax
10-25-2021 at 10:39 AM.
10-25-2021 at 10:39 AM.
Quote from yourr8 :
damn, opened both IRA accounts with them last month
Open an investment account then... or a cash management account.
Reply

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Joined Jan 2019
L7: Teacher
> bubble2 2,319 Posts
298 Reputation
Pro
blahbooboo2
10-25-2021 at 10:40 AM.
10-25-2021 at 10:40 AM.
Quote from Sliqdealer :
Not really. You can always contribute to a traditional IRA. You can't always get the tax benefit but you can easily get around that by converting it to a Roth IRA.

Roth to IRA Conversion is also tricky. Not everyone is allowed to do it depends on other holdings
Reply
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