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

$100 Cash Reward
(New or Existing Customers)
+241 Deal Score
167,057 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 explorer for finding 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. Go to the Fidelity offer page
  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. Apply promo code FIDELITY100 during the signup process
  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 February 10, 2022 at 09:27 AM by
Get $100 when you open an account and deposit with $50 or more

Eligible with The Fidelity Account®, Fidelity® Cash Management Account, Roth IRA, Traditional IRA


Offer expiration date - Unknown

1. Go to the Fidelity's main Special Offer page
https://www.fidelity.com/go/special-offer

2. Click 'Get Started' for "Get $100 when you open an account and deposit with $50 or more"


$50 for $100 Cash Offer Terms and Conditions
https://www.fidelity.com/go/terms-conditions

$50 for $100 Cash Offer FAQs
https://www.fidelity.com/go/offer-faqs


1) What are the details of the offer?

Starting on January 26, 2022, when you open an eligible account and make a deposit of $50 or more, you'll receive a $100 cash reward deposited into the eligible account that qualified you for the offer. Fidelity reserves the right to modify the terms and conditions or terminate the offer at any time. Other terms and conditions or eligibility criteria apply. See terms and conditions for more information.

2) How do I register for the offer?

To be registered for this offer, you must open an eligible account through the official offer page and use promo code FIDELITY100 when prompted during the account-opening process. You must also meet the eligibility requirements for the offer.

3) Which Fidelity accounts are eligible for this offer?

The Starter PackSM, which includes both The Fidelity Account® and the Fidelity® Cash Management Account, is eligible for the offer. In addition, the following individual accounts are eligible for the offer:
The Fidelity Account®
Fidelity® Cash Management Account
Roth IRA and traditional IRA

Accounts that are opened with a Fidelity representative or outside of the official offer page are not eligible.

4) Will I receive a confirmation email once I register?

Yes. Assuming all eligibility criteria have been met, we'll send a confirmation email the same day to the email address provided by you during the account opening process. If you don't receive a confirmation email, you aren't registered for the offer.

5) Is everyone eligible for this offer?

Some individuals may not be eligible. Reasons for ineligibility include, but are not limited to:
Limited to one offer per customer.
Individuals who took advantage of the previous $50 for $100 offer aren't eligible.
Fidelity employees aren't eligible.
Non-US residents aren't eligible.
Persons employed by FINRA or a securities organization in a regulatory capacity aren't eligible.

6) I already have an account at Fidelity. Am I eligible for the offer?

Yes! Existing customers are eligible for this offer, provided you meet the necessary requirements and did not previously take advantage of a $50 for $100 cash reward. See terms and conditions for more information.

7) Can I receive more than the $100 reward?

No. This offer can't be redeemed multiple times by the same individual.

8) I opened a joint account, will the other joint owner be registered for the offer as well?

No, the other account owner must open a new eligible account and meet the necessary requirements.

9) What are the funding requirements?

Once you've opened your eligible account, you'll need to deposit at least $50 from an outside financial institution into your new Fidelity account within 15 calendar days (qualification period) of registering for the offer. If you registered with the Starter PackSM accounts, then net deposits between the two accounts must total at least $50. Make sure you allow a few days for your funds to deposit.

10) I opened the Starter PackSM accounts, do I have to fund both The Fidelity Account® and the Fidelity® Cash Management Account with $50 each?

No, as long as net deposits are at least $50 between the two accounts, you will be eligible to receive the cash reward. Make sure you allow a few days for your funds to deposit.

11) How do I fund my account?

When you open a new account, you'll be asked how you'd like to fund the account. You have several options, such as mobile check deposit or transferring assets from another brokerage firm. You can also link a bank account to initiate an electronic funds transfer (EFT).

12) How much time do I have to fund my account?

You have 15 calendar days (qualification period) from registering for the offer to fund your account.

13) When will I receive the cash reward?

Once the qualification period (15 calendar days) has ended and you have at least $50 in your new Fidelity account, Fidelity will deposit $100 into the account within 10 calendar days. The total time from registering for the offer to receiving the cash reward may take up to 25 calendar days.

14) I registered for the offer by opening the Starter PackSM accounts, which account will receive the $100 cash reward?

Assuming you met all eligibility requirements for the offer, The Fidelity® Cash Management account will receive the $100 cash reward.

15) 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, market volatility, or margin debit balances) in the eligible account for a minimum of 90 calendar days starting from when you receive the reward.

16) Do I need to pay taxes on the $100 cash reward?

You are encouraged to consult with your tax professional about appropriate tax reporting and treatment relating to this offer and the deposit of the cash reward in your account. See terms and conditions for more information.
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Deal
Score
+241
167,057 Views
$100 Cash Reward
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.

265 Comments

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Featured Comments

$50 fee when you close the IRA…..
no one should so anything more than open a cash mgmt account to qualify for this deal. if you have other big plans with fidelity, fine go ahead but don't complicate this deal by trying to do something fancy that you aren't quite sure will qualify. just open the cash acct, get your $50, then figure out how to do everything else you want to do with your financial future. too many people trying to get creative last time and either didn't get the bonus or had to call it in. self-inflicted dealing with fees, transfers, etc...way too easy just to do the basics. this comment is meant to help those who like to torture themselves when it comes to getting free money.
I just opened an HSA with Fidelity. Suppose there's no way I can qualify for this.



Update: I see this on the FAQ:

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Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:10 PM.
02-07-2022 at 10:10 PM.
Quote from zKarp :
While I'm here, anyone suggest Fidelity IRA over Vanguard? Been a customer of vanguard for years bc of a previous employer 401k. Not attached and happy to move everything based on options & fees
100% Fidelity over Vanguard.

Vanguard customer service is horrible, hours on hold no matter when you call. Their platform has suffered complete outages at least twice over the last year - no trades could be placed and the site was totally down. People lost lots of money and Vanguard will not do anything about it.

I closed my account a year ago and have not looked back. If you absolutely must have a vanguard fund, you can get them through other brokers, and if you have enough balance some will even waive the fee. You can also transfer the vanguard funds for free to your new broker, you just can't buy more without paying a fee. There are many low cost funds now giving VG a a run for their money - Fidelity has funds with 0 expense ratio now and others that are similar or lower fees than VG.

If your 401K is substantial you may be able to find a good incentive through another broker (to roll it into an IRA). Something to research, some will offer hundreds or thousands of dollars for you to roll it over, but you have to keep it there for 6 months or a year typically. But as far as just Vanguard vs Fidelity, Fidelity is far better (pretty much anyone is).
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:14 PM.
02-07-2022 at 10:14 PM.
Quote from koge811 :
signed up last month and deposited 100 dollars.

Remember when you buy use their Active trader pro.

IEX exchange is the lit exchange that affects price and avoids PFOF.
This matters why? it affects the price of the stock without market makers playing games.

Buy stonks through IEX exchange only

GME DD forums have uncovered lots of DD on how the real market works for the retail public to read in a simplified form.

up to you what you buy with 100 dollars
But I used the free 100 dollars to buy 1 share of GME to support their cause

ALSO DRS is free on Fidelity.
IEX is changing the game but they are still a pretty small amount of the daily volume. However I wouldn't say to only buy through IEX, you buy wherever the best price is, and in most cases you don't have a choice, your broker is required to provide best execution and will pick (automatically) the exchange to do that.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:15 PM.
02-07-2022 at 10:15 PM.
Quote from ripper82 :
The market has gone nuts over the past couple of weeks. Try not to worry about it too much... it'll eventually stabilize.
Which is why right now is a great buying opportunity.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:17 PM.
02-07-2022 at 10:17 PM.
Quote from Californian :
absolutely a scam

just tried the offer page and entered the application process for an Roth IRA account. one page asked about "teen information" and i couldn't continue. it's ridiculous that i don't have any teens in the household so i exited the process it redirected me to another account application page which i completed the process but there was no place to enter the code. i had the account opened and then contacted CS to close it within 5 minutes.
It's a scam because you didn't read and clicked the wrong link?

The code is pre-filled if you use the link. So if you hadn't gotten frustrated and closed the account, you would have gotten $100.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:21 PM.
02-07-2022 at 10:21 PM.
Quote from rinkrat :
So I had accounts from other old employer's all over the place plus old IRA's and miscellaneous stocks. I called and the Fidelity office near me and made an appointment. They assigned an Advisor to me. They opened all the account types I needed, printed out all the forms to transfer everything over to them. They even paid all the exit fees on some of the mutual funds. All of the advisor's hard work was FREE and it was many hours ..... plus stock trades are free and many funds through them are free. You can continue to self-manage your accounts or pay a small fee for them to manage them. If you choose to self-manage there are no fees unless you buy something that states it has a fee.

I wouldn't go anywhere else ..... and I've had Vanguard accounts.

Fidelity takes care of their customers. Applause
In fairness, they are happy to pay transfer fees and have an advisor work with you. They want your money with them, the more you bring, the more white glove service you'll get. The advisor gets a commission for every dollar they convince you to transfer over. Pretty much any broker will do this and many even give pretty big incentives. Fidelity will sometimes match the other brokers incentives (on top of the services you received) if you are bringing enough money.

Fidelity has the best platform of any I've used (Vanguard has the worst), however Fidelity is not always competitive in the incentives department unless you have a substantial amount of money and specifically ask them to match an offer from another broker, and even then it is up to their discretion. Just something to keep in mind.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:32 PM.
02-07-2022 at 10:32 PM.
Quote from amoled :
How is the trading platform at fidelity? Can one do quick trades (similar to Lightspeed or TDA) or is it slow as MarketPro (from MerrillEdge)?
My trades (as long as you aren't setting unreasonable limits) execute within seconds. I guess it depends on what you consider fast, and how liquid the instruments you're trading are. Active Trader Pro (optional, but free) is a great platform. Never used Merrill. Fidelity does have some guarantees as far as speed, I forget the exact details.

They have licences and direct connectivity to all the major exchanges so there is no reason anything should be delayed.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:34 PM.
02-07-2022 at 10:34 PM.
Quote from dgranum41 :
Literally just opened a Roth at Fidelity yesterday. I assume there's no way to retroactively get this?
If you haven't funded it, you can close and reopen a new one. However I believe for a Roth IRA the $100 will go into that account and be locked in there until you retire (not positive though). Just open a cash management account with $50 and then close it in 105 days. You can roll that money into your IRA if you haven't reached your limits for the year and want to put it there, or just withdraw it.
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Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 10:40 PM.
02-07-2022 at 10:40 PM.
Quote from toast123 :
Last time this deal was on here (different code, same deal), I couldn't replicate it. It required me to produce bank statements to prove the account was mine, for some reason... It took them more than the maximum (15 days) to get it approved. So now I have an empty Fidelity account for zero reason other than now feeling scammed.
Your bank was rejecting ACH - possible mismatch of name or other details, or your account is locked, or you have a fraud alert on your credit report, or you've locked your credit report. That's not a scam. They have to verify your identity and abide by any freezes or alerts they run into.

Since you didn't qualify last time, just do it again this time and be more careful about ensuring the info you provide matches exactly what is on your bank account.
Reply
Joined May 2011
L3: Novice
> bubble2 202 Posts
48 Reputation
toast123
02-07-2022 at 10:52 PM.
02-07-2022 at 10:52 PM.
Quote from drinkingbird :
Your bank was rejecting ACH - possible mismatch of name or other details, or your account is locked, or you have a fraud alert on your credit report, or you've locked your credit report. That's not a scam. They have to verify your identity and abide by any freezes or alerts they run into.

Since you didn't qualify last time, just do it again this time and be more careful about ensuring the info you provide matches exactly what is on your bank account.

None of these apply. I used ACH just fine on my bank with Coinbase and never locked it. Everything is the same as it was with Coinbase, they even did verification micro-deposits and I was approved in a day or two. Fidelity, with the same bank, did not do verification micro-deposits and needed a bank statement. They rejected the first one for no reason? I provided a second one from the following month and by the time they processed and approved it, the promotional period expired. And my credit report is clean among all agencies, nothing is locked.

Not looking to do it again and get the run-around a second time.
Reply
Joined Mar 2005
L8: Grand Teacher
> bubble2 3,102 Posts
651 Reputation
drinkingbird
02-07-2022 at 11:13 PM.
02-07-2022 at 11:13 PM.
Quote from toast123 :
None of these apply. I used ACH just fine on my bank with Coinbase and never locked it. Everything is the same as it was with Coinbase, they even did verification micro-deposits and I was approved in a day or two. Fidelity, with the same bank, did not do verification micro-deposits and needed a bank statement. They rejected the first one for no reason? I provided a second one from the following month and by the time they processed and approved it, the promotional period expired. And my credit report is clean among all agencies, nothing is locked.

Not looking to do it again and get the run-around a second time.
Maybe your coinbase account had a middle initial and fidelity didn't (or vice-versa), any little thing can mess it up. I got the micro deposits the next day and verified no problem. Fidelity isn't rejecting deposits, they want your money, so there was some issue with your bank. KYC rules are very strict and they have to verify your identity exactly.

Did you ask them to give the $100 credit anyway given the issues? I've always found them to be very amenable.
Reply
Joined Feb 2019
L1: Learner
> bubble2 11 Posts
22 Reputation
bunchac
02-07-2022 at 11:22 PM.
02-07-2022 at 11:22 PM.
I've been a Fidelity customer since 2003ish... so a long time. I use them for everything and have several accounts (IRA, brokerage, checking, etc.). When I saw this promotion, I opened another brokerage account, transferred $100 from my Fidelity checking account, and I received an email from Fidelity stating that I was eligible for the promotion. I waited, and waited... but didn't receive the $100. I called and was told I'm not eligible because I didn't transfer the $100 from an external account. This is the only problem I've had with Fidelity that I can remember. Other than this issue, they've been great!

I'm a "premium" account holder (or whatever they call it). Therefore, I'll have a meeting with my financial advisor soon, and I'll mention the promotion issue. Hopefully, he can push it through. Peace
Reply
Joined Jan 2016
L3: Professional
> bubble2 313 Posts
26 Reputation
Netflix
02-08-2022 at 12:19 AM.
02-08-2022 at 12:19 AM.
Quote from nyc10036 :
THIS.
It was automatic for me.
I saw the field with the promo code already filled in.

Did you guys receive a confirmation e-mail about the bonus as current Fidelity members?
Reply
Joined May 2012
L3: Novice
> bubble2 229 Posts
100 Reputation
elavanis
02-08-2022 at 01:48 AM.
02-08-2022 at 01:48 AM.
Quote from minhtin :
does anyone know if custodian account would be eligible for the bonus
I checked on this last time and was told no.
Reply
Joined Dec 2010
Savingdad
> bubble2 271 Posts
112 Reputation
savingdad
02-08-2022 at 04:08 AM.
02-08-2022 at 04:08 AM.
Is there a limit to the number of accounts a person can open?

For example, if one were to legally change their name or apply for a different social security number after they opened each account, could they open more than one?
Reply

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Joined Feb 2017
L8: Grand Teacher
> bubble2 3,055 Posts
947 Reputation
Redmont
02-08-2022 at 04:15 AM.
02-08-2022 at 04:15 AM.
Quote from starcaptor :
Finally, the incentive that Ive been looking for...

Is there a procedure for transferring investments from one brokerage firm to another? I am looking to move everything out of Chase YouInvest (their version of Robin hood?) TIA!
I think your new brokerage firm will gladly handle all the details of the transfer . Just be sure your stocks have the correct basis when the new account is opened.
Reply
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