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Fidelity Youth™ Account: Earn $50 reward once account is activated Expired

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Update: This deal is still available.

Open a Fidelity Youth™ Account for your teen, and $50¹ will be deposited into their account. No account fees or minimums.

Account Benefits:
  • Open a Fidelity Youth™ Account once they download the Fidelity Youth app and activate their Youth Account.
  • The app is free²—plus, no monthly fees or account minimums to open.³
  • Teens get their own debit card with no domestic ATM fees.⁴
  • Interactive lessons, video, articles, tools, and calculators help jumpstart your teen's financial education. Teens get reward dollars for every level they complete.
  • Learning to invest is easy. Teens can invest in stocks, mutual funds, and ETFs with as little as $1.⁵
  • Parents can keep an eye on their teen's spending, set up alerts, and maintain visibility into account and trading activity.
  • Teens are empowered to make, manage, and invest their own money so they feel more prepared for their financial future.
Slickdeals is not registered as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended, and nothing in these materials should be construed as advice concerning securities, the value of securities, the advisability of investing in, purchasing, or selling securities, or the merits of any investment adviser.

Disclosures:
The Fidelity Youth Account can only be opened by a parent/guardian. Account eligibility limited to teens aged 13-17.

¹Limited Time Offer. Terms Apply. Before opening a Fidelity Youth Account, you should carefully read the accent agreement and ensure that you fully understand your responsibilities to monitor and supervise your teen's activity in the account.

²The Fidelity Youth™ app is free to download. Fees associated with your account positions or transacting in your account apply.

³ Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.

⁴Your Youth Account will automatically be reimbursed for all ATM fees charged by other institutions while using the Fidelity® Debit Card at any ATM displaying the Visa®, Plus®, or Star® logos. The reimbursement will be credited to the account the same day the ATM fee is debited. Please note, for foreign transactions, there may be a 1% fee included in the amount charged to your account. The Fidelity® Debit Card is issued by PNC Bank, N.A, and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These entities are not affiliated with each other, and Fidelity is not affiliated with PNC Bank or BNY Mellon. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to a license from Visa U.S.A. Inc.

⁵Fractional shares quantities can be entered out to 3 decimal places (.001) as long as the value of the order is at least $0.01. Dollar-based trades can be entered out to 2 decimal places (e.g. $250.00)

Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917

Original Post

Written by
Edited December 15, 2023 at 11:34 AM by
Fidelity

For those interested

Note, offer valid for a limited time only or while promotion last

This may be useful for parents/guardians looking to jump-start their kids financial learning
  • Fidelity Offer: Parent/Guardian: Open a New Fidelity Youth Account for Your Teen Aged 13-17 & Receive Free $50 Reward Offer
Quote :
Introducing the Fidelity Youth Account. Accessible through the Fidelity Mobile App, the experience is customized for teens 13 to 17 to help them learn to save, spend, and invest.
For a limited time when you open a Fidelity Youth Account for your teen, they will get a $50 reward

Parent/guardian must have a Fidelity account first, so you can provide hands-on support, monitor their account, easily transfer money, and more. You can open accounts for yourself and your teen with no account fees or minimums.
  • Free Debit Card
    • Teens get a free debit card, with no subscription fees, no account fees, no minimum balances, and no domestic ATM fees
  • Save Early
    • Investing can help teens take advantage of compounding early to help them grow their money over time
  • Empowering teens with education
    • Teens can access a financial curriculum made just for them—so they can learn about saving, spending, investing, and more
  • Secure app
    • Teens can manage their money and invest using Fidelity's secure mobile app, plus link to payment apps like Venmo and PayPal.3
FAQ
  • Starting on January 24, 2022, when you (parent or guardian) initiate the opening of a new Youth Account and your teen (aged 13–17) downloads the Fidelity Mobile App and activates the new account, your teen will receive a $50 deposit as a reward
  • In order for your teen to receive the $50 reward offer, you (parent/guardian) must initiate the opening of a new Fidelity Youth Account through Fidelity.com/YouthAccount and your teen (aged 13–17) must download the Fidelity Mobile App and activate the new account on or after January 24, 2022
    • Parent/guardian must have their own Fidelity brokerage account to open an account for their teen.
    • Parent/guardian must initiate the application process and once completed, the teen will receive instructions on how to download the Fidelity Mobile App and activate their account.
    • No further investment or trading is required to qualify for the offer
    • Age of account applicant. Youth Accounts are only available for teens aged 13 to 17. If your teen is 18 or 19, they may apply for a different account type and/or offer instead
    • Limited to one offer per customer
    • Non-US residents are not eligible
  • The reward will be deposited directly to the eligible account within 10 calendar days after the teen has downloaded the Fidelity Mobile App and activated their account (which entails creating a username/password, and logging into the mobile app and accepting account agreements). Amounts deposited by Fidelity in the form of the reward will be initially held in the Fidelity Government Money Market Fund, the eligible account's core position.
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Deal
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951,592 Views
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.

546 Comments

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Featured Comments

529 plan
You need to upload copy of their SSN card and another form of ID at the end for verification.
"To open and monitor your teen's account, you'll need to open one for yourself first."
I don't have an account with them.

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Joined Dec 2010
L5: Journeyman
> bubble2 1,829 Posts
137 Reputation
britdude
02-04-2022 at 05:29 PM.
02-04-2022 at 05:29 PM.
Quote from rballnut :
Thanks OP, opened it couple days ago and $50 is already in the account.

Trying now to decide have my daughter buy a stock or CD @ 3%.
My suggestion, Buy a dividend stock
Reply
Joined Aug 2019
L4: Apprentice
> bubble2 417 Posts
74 Reputation
LivelyHamster533
02-04-2022 at 09:57 PM.
02-04-2022 at 09:57 PM.
Quote from SpencerC88 :
Are there any good accounts out there for a 2 and 5 year old?

Try the Capital One Savings Account. It's good.
Reply
Joined Mar 2010
L3: Novice
> bubble2 149 Posts
76 Reputation
sticknmove1
02-04-2022 at 11:31 PM.
02-04-2022 at 11:31 PM.
Quote from laidbackinNC :
I'm gonna do this for our 14-yo son. I thought about getting him an account back when they were offering $100 bonus accounts for anyone but it didn't have all the youth benefits.

I've had a Fidelity account for a long time, ever since getting their 2% rebate credit card. I like Fidelity a lot and if it weren't so much hassle, would move my Vanguard money over because I greatly prefer the Fidelity website and account reporting interface.

I moved a few accounts, including my Vanguard brokerage account, over to Fidelity recently. Was super easy. You can do it through the Fidelity website.
1
Reply
Joined Jul 2005
L8: Grand Teacher
> bubble2 3,827 Posts
595 Reputation
corazones
02-05-2022 at 04:57 AM.
02-05-2022 at 04:57 AM.
Quote from maxan :
It wants a mobile phone number for the teen as part of the application process. Were you able to create an account without the teen's mobile phone?
I've been putting off doing this but in my experience, CapitalOne has accepted Google Voice number without issue unlike Chase.
Reply
Joined May 2013
L6: Expert
> bubble2 1,344 Posts
317 Reputation
TechManDad
02-05-2022 at 01:31 PM.
02-05-2022 at 01:31 PM.
Get them addicted to the casino young.
6
Reply
Joined Nov 2007
L3: Novice
> bubble2 190 Posts
maxan
02-05-2022 at 05:01 PM.
02-05-2022 at 05:01 PM.
I think the purpose to get the teen started thinking about money and get into the habit of saving+investing. That's probably a lot more important than the $50 starter money they're giving you.
Quote from corazones :
I've been putting off doing this but in my experience, CapitalOne has accepted Google Voice number without issue unlike Chase.
It doesn't seem like the google voice number can be shared amongst the account. They recently changed their security policy so that each account must have one unique number. I guess it's doable if you're okay managing multiple google account with voice.
Reply
Joined May 2016
L2: Beginner
> bubble2 26 Posts
10 Reputation
Kdeeinc
02-06-2022 at 10:17 AM.
02-06-2022 at 10:17 AM.
So how this work I have a fidelity account already so what all I need for this to get started and does last all the time for this deal
1
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Joined Nov 2019
L3: Novice
> bubble2 247 Posts
320 Reputation
HonestGame
02-08-2022 at 04:32 PM.
02-08-2022 at 04:32 PM.
Quote from rballnut :
Thanks OP, opened it couple days ago and $50 is already in the account.

Trying now to decide have my daughter buy a stock or CD @ 3%.

How long did it take for the $50 to show up?
Reply
Joined Jan 2008
L5: Journeyman
> bubble2 784 Posts
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rballnut
02-08-2022 at 05:20 PM.
02-08-2022 at 05:20 PM.
Quote from HonestGame :
How long did it take for the $50 to show up?

Within couple days... it was fairly quickly.
Reply
Joined Sep 2006
L2: Beginner
> bubble2 71 Posts
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tsanju
02-08-2022 at 05:45 PM.
02-08-2022 at 05:45 PM.
Quote from rballnut :
Thanks OP, opened it couple days ago and $50 is already in the account.

Trying now to decide have my daughter buy a stock or CD @ 3%.
What term CD offers you 3% in Fidelity? do you have a link?
Reply
Joined Jan 2008
L5: Journeyman
> bubble2 784 Posts
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rballnut
02-08-2022 at 05:51 PM.
02-08-2022 at 05:51 PM.
Quote from tsanju :
What term CD offers you 3% in Fidelity? do you have a link?
It's from Navy Federal CU.
Reply
Joined Apr 2008
L8: Grand Teacher
> bubble2 3,198 Posts
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seiromem
02-08-2022 at 08:53 PM.
02-08-2022 at 08:53 PM.
Downloaded the app and selected open account. Which one should I choose? There is not an option for Youth Account. Thanks!
Reply
Last edited by seiromem February 9, 2022 at 07:28 AM.
Joined Dec 2006
L5: Journeyman
> bubble2 651 Posts
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cstring
02-09-2022 at 08:58 AM.
02-09-2022 at 08:58 AM.
How is taxes handled in this situation?
Reply
Joined Aug 2011
L6: Expert
> bubble2 1,064 Posts
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absolute42
02-09-2022 at 10:49 AM.
02-09-2022 at 10:49 AM.
Can I have my kid buy Bitcoin with fidelity? $50 could go a long way in 15 years.
1
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Joined Jan 2009
L7: Teacher
> bubble2 2,921 Posts
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pakle
02-09-2022 at 11:31 AM.
02-09-2022 at 11:31 AM.
My teen completed registration & app on Friday, got the $50 bonus on Tues, so a couple business days. The FAQ is useful:
https://www.fidelity.com/go/youth-account/faqs
No crypto.
Reply
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