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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
Good Deal?

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.

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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 Aug 2021
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IndigoMorning6118
04-18-2022 at 04:15 PM.
04-18-2022 at 04:15 PM.
Anyone child get their $50 yet?
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TidalWaveOne
04-19-2022 at 07:20 AM.
04-19-2022 at 07:20 AM.
Quote from IndigoMorning6118 :
Anyone child get their $50 yet?
My child still waiting on his $50.

UPDATE: Got the $50 on April 20.... now what should he invest this windfall in?
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Last edited by TidalWaveOne April 26, 2022 at 07:30 AM.
Joined Mar 2010
L6: Expert
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billyloon
04-26-2022 at 09:54 AM.
04-26-2022 at 09:54 AM.
Quote from RyanMPLS :
They mostly suck these days. Were nice with matches and such when first out. ROTH or e-ROTH might be better but anyone interested in either should investigate.
Not really. They got more flexibility after the 2018 tax reform.
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JenT4685
05-02-2022 at 02:43 AM.
05-02-2022 at 02:43 AM.
Quote from IndigoMorning6118 :
Anyone child get their $50 yet?

Mine did. And if anyone is wondering, yes this deal works with the 100$ deal for a regular brokerage account. We got 150$ for free total….me by opening a regular brokerage account with the deal here on slickdeals, and then used the deal/code on here to open the teen account. The teen account got theirs within 2 days. Took 2 weeks post deposit for the 100$ to turn up in my regular brokerage account.
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IndigoMorning6118
05-02-2022 at 04:11 AM.
05-02-2022 at 04:11 AM.
Quote from JenT4685 :
Mine did. And if anyone is wondering, yes this deal works with the 100$ deal for a regular brokerage account. We got 150$ for free total….me by opening a regular brokerage account with the deal here on slickdeals, and then used the deal/code on here to open the teen account. The teen account got theirs within 2 days. Took 2 weeks post deposit for the 100$ to turn up in my regular brokerage account.

We got our $50 too. Does anyone know if the $100 is applicable to established accounts?

Thanks for replying.
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belsbbb
05-02-2022 at 09:05 AM.
05-02-2022 at 09:05 AM.
Quote from Justin1983 :
Perhaps CDs? I'd love to know too.
I bonds at today's rate for the next 6-months is hard to beat. And at $7k-10k saved, that's well below the $10k limit. You can educate them about inflation and compound interest. Investing in the stock market casino is another option, but potential short term losses might not be a good starting point. Could be something for later in the discussion about asset allocation and risk/reward ratios. As another mentioned, having them as authorized users for credit card is another good idea if not already done.
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JenT4685
05-03-2022 at 01:52 AM.
05-03-2022 at 01:52 AM.
Quote from IndigoMorning6118 :
We got our $50 too. Does anyone know if the $100 is applicable to established accounts?

Thanks for replying.

Don't think so. It's a promo for signing up.
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GoWhiteSox
05-06-2022 at 12:37 PM.
05-06-2022 at 12:37 PM.
Does anyone know how to research index funds or ETFs or stocks by amount? I'm trying to teach my teen how to search given her low savings but can't find the option. TIA!
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stanlee.steemer
05-09-2022 at 12:00 PM.
05-09-2022 at 12:00 PM.
Fidelity doesn't pay out bonuses. Myself and several people I know have bonuses that didn't get paid out from the FIDELITY100 promo. Fidelity claims the bonuses are pending but they never show up months later.
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Jon2288
05-09-2022 at 01:06 PM.
05-09-2022 at 01:06 PM.
Quote from dvdapex :
It says one offer per customer. In this case is the child the customer or the adult? Can I open one for my child on my Fidelity account and have my wife open one for the same child on her Fidelity account and have my child get 2 accounts with 2 bonuses?

Child has to be the customer otherwise you wouldn't need their SSN to open. Even if they pushed that you are the customer then I would tell them they don't need child's SSN.
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tygron
05-09-2022 at 01:50 PM.
05-09-2022 at 01:50 PM.
Quote from TidalWaveOne :
My child still waiting on his $50.

UPDATE: Got the $50 on April 20.... now what should he invest this windfall in?
Total US Market* [vanguard.com] or S&P 500* [vanguard.com] ETFs would be good bets. Maybe partials of a company they are interested in? Microsoft. Tesla. Apple. Etc.

*Not financial advice. laugh out loud
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TidalWaveOne
05-09-2022 at 01:52 PM.
05-09-2022 at 01:52 PM.
Quote from tygron :
Total US Market* [vanguard.com] or S&P 500* [vanguard.com] ETFs would be good bets. Maybe partials of a company they are interested in? Microsoft. Tesla. Apple. Etc.

*Not financial advice. https://static.slickdealscdn.com/ima...s/emot-LOL.gif
Actually he took my advice and invested his entire $50 windfall in FXAIX FIDELITY 500 INDEX FUND and now he's down to $49.57.
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userno14908
05-09-2022 at 07:03 PM.
05-09-2022 at 07:03 PM.
Aaaaand, it's gone. It's all gone.
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DealsNStuff
05-10-2022 at 05:18 AM.
05-10-2022 at 05:18 AM.
Quote from stanlee.steemer :
Fidelity doesn't pay out bonuses. Myself and several people I know have bonuses that didn't get paid out from the FIDELITY100 promo. Fidelity claims the bonuses are pending but they never show up months later.
I received my Fidelity 100 bonus, and my son received his $50 youth reward.
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octaviorooctavio
05-12-2022 at 02:53 PM.
05-12-2022 at 02:53 PM.
Quote from SpencerC88 :
Are there any good accounts out there for a 2 and 5 year old?

Stockpile app
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