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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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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 Jan 2007
L7: Teacher
> bubble2 2,255 Posts
538 Reputation
gullzway
07-06-2022 at 10:55 AM.
07-06-2022 at 10:55 AM.
I get about 3 pages in to creating the account, then
"Something went wrong
We're sorry, there was a temporary system error. If you continue to experience this problem, please chat online with a representative."

Tried 3 browsers.

Edit: apparently it created the account regardless of the error.
Reply
Last edited by gullzway July 6, 2022 at 11:12 AM.
Joined Apr 2020
L5: Journeyman
> bubble2 545 Posts
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SplendidSoda171
07-10-2022 at 01:18 AM.
07-10-2022 at 01:18 AM.
Quote from billyloon :
529 plan

Return is aweful in a 529. With fees, $10k was the only amount left on it. Any suggestions?
4
Reply
Joined Mar 2010
L6: Expert
> bubble2 1,053 Posts
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billyloon
07-11-2022 at 07:15 AM.
07-11-2022 at 07:15 AM.
Quote from SplendidSoda171 :
Return is aweful in a 529. With fees, $10k was the only amount left on it. Any suggestions?
You must be new here. As with any investment plan, the returns are based on what investments you choose. This goes for brokerage, IRA, 529, etc.
1
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Joined May 2013
L5: Journeyman
> bubble2 576 Posts
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igoogle
07-17-2022 at 08:35 PM.
07-17-2022 at 08:35 PM.
Quote from zukuri :
"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.
Not a good offer if that's a pre-requeste,
Reply
Joined Mar 2011
L99: Nutella Hoarder
> bubble2 2,517 Posts
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Pro
toastedwhitebread
07-17-2022 at 08:39 PM.
07-17-2022 at 08:39 PM.
Quote from SeikenDensetsu :
Do him a favor and ask him if he wants a bank account first.
Protip: Don't defer to people with practically 0 experience or research on a subject. This isn't like asking a kid what color to paint their room.
Reply
Joined Feb 2007
L5: Journeyman
> bubble2 658 Posts
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bommai
07-17-2022 at 08:56 PM.
07-17-2022 at 08:56 PM.
Quote from igoogle :
Not a good offer if that's a pre-requeste,

Why not? I don't think any bank will make a child account without an adult account.
Reply
Joined Sep 2011
L4: Apprentice
> bubble2 401 Posts
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pennywize
07-17-2022 at 10:23 PM.
07-17-2022 at 10:23 PM.
Quote from steveliv :
Neither, buy FSKAX and let it ride. Smilie
I second this!
Reply

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Joined Oct 2010
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Gdinn
07-18-2022 at 08:01 PM.
07-18-2022 at 08:01 PM.
Like in WestWorld?
Reply
Joined Nov 2015
New User
> bubble2 10 Posts
dmj956750
07-19-2022 at 08:08 PM.
07-19-2022 at 08:08 PM.
I've set up lots of different accounts over the years, this has been the single worst experience for me. Every step has been like pulling teeth.
Reply
Joined May 2013
L5: Journeyman
> bubble2 576 Posts
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igoogle
07-20-2022 at 12:01 AM.
07-20-2022 at 12:01 AM.
Quote from bommai :
Why not? I don't think any bank will make a child account without an adult account.

Can the adult open a roth IRa instead of any generic account?
Reply
Joined Oct 2013
L2: Beginner
> bubble2 34 Posts
comewhatmay
07-20-2022 at 12:01 PM.
07-20-2022 at 12:01 PM.
Is the teen's social security number required?
1
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Joined Jan 2014
L3: Novice
> bubble2 123 Posts
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bfabian76
07-21-2022 at 06:31 AM.
07-21-2022 at 06:31 AM.
My daughter is only 3. I want to open an investment account for her. How to do i do that with her so young?
Reply
Joined Apr 2005
L10: Grand Master
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TidalWaveOne
07-22-2022 at 08:18 AM.
07-22-2022 at 08:18 AM.
Quote from bfabian76 :
My daughter is only 3. I want to open an investment account for her. How to do i do that with her so young?
A good place to start researching would probably be by reading all the posts/comments in this thread.... my initial thought is a 529 plan (I set up one in Utah many years ago for my kid who is now 15)... but then again, read the thread to see what people say about it.... and of course.... there's always google.
Reply
Joined Apr 2014
L6: Expert
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DayaO
07-24-2022 at 08:36 PM.
07-24-2022 at 08:36 PM.
Anything for kids under 13? Not counting 529, anything purely investing for 10 & 7 yrs old?? Thanks
Reply

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Joined Jun 2019
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The_Love_Spud
07-24-2022 at 10:18 PM.
07-24-2022 at 10:18 PM.
Quote from steveliv :
Neither, buy FSKAX and let it ride.
Though not intended as endorsement, any reason you aren't recommending FZROX? The ZERO funds are admittedly Fidelity-only.

Good luck!
Jon
1
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