Open Eligible Fidelity Investment Account + Deposit $50+ & Get
Expired
$100 Cash Reward
(New or Existing Customers)
+182Deal Score
128,809 Views
Update: This popular deal is still available.
Fidelity is offering a $100 Cash Reward/Balance (deposited to your account) when you open a EligibleFidelity Investment Account using promo code FIDELITY100 and Deposit $50 (minimum) or more within 15 Days of opening your account.
Thanks to community member sunjayw 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).
Proceed through the form until you reach the Personal Information section
Apply promo code FIDELITY100 during the signup process
Continue through the account-creation process and complete your account
Make your Deposit of $50or morewithin 15 Days
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
Open an eligible account* and deposit $50 to claim your $100—plus you'll get our step-by-step guide to start learning to invest on your own, but never alone.
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.
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.
Pro tip, don't reply to long comments which then just quote the same long comment.
I am an existing customer with active trading account and just signed up for investing account with the promo and received the following email.
You're on your way
Thanks for registering for the $100 cash reward.
As a reminder, you have up to 15 calendar days to deposit $50 or more to qualify.
You'll receive the $100 within 25 days after you fund a new eligible account.
how is it BS? it's their terms, and it literally says "Fund the account with a minimum of $50 ("Net Deposit") from an external, non-Fidelity source.". reading is fundamental
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Depends what your goal is but I opened a Roth IRA, if you want to save a little extra for retirement or emergency in some cases this is a good way to do it. There are income limits they are higher but do some research
Yea I don't know why other users are getting mad at users for using the features of the site. They should contact admins if they have a problem with how the site works.
Our community has rated this post as helpful. If you agree, why not thank babygdav
06-13-2022 at 10:07 AM.
Quote
from PotOdds
:
Done.
Fidelity has got to be one of the best retirement brokerage if not the best. I regularly use their free wire transfer to my day trading brokerages.
Fyi for others reading.
Fidelity is highly rated among brokerages.
But one of the considerations for a retirement account is how easy is it to transfer money after death.
With Fidelity, as long as you've designated Beneficiaries in each account, takes only 2~ weeks to fully transfer the account funds once they've received the appropriate documentation such as the death certificate, your id, etc.
No need for probate - direct designated beneficiary transfers. And for spouses, ira accounts can transfer directly into new beneficiary spouse ira accounts. Easy.
Our community has rated this post as helpful. If you agree, why not thank babygdav
06-13-2022 at 10:20 AM.
Quote
from Billyteddy
:
What kind of account should I open?
1. There's 2 broad types.
A. Non-retirement accounts
B. Retirement accounts (traditional ira, Roth ira, 401k)
2. Taxes differ if and when you pull out money from the accounts.
From a. , you are normally taxed at your current rates.
From b, if you pull out money BEFORE reaching retirement age, 40%~ tax (various depending on tax laws and year). After retirement age, traditional ira taxed at your current rate, Roth ira not taxed (but, roth ira deposits are taxed at current rates).
3. So, IF you can put money away for the 40+ years (assuming you're 20s) and pretend it never existed during that period of time, max out Roth IRA deposits per year, then traditional IRA.
If you probably might need to take out the money for use before retirement, regular stock/brokerage account because you'll lose about half of you try to withdraw from ira accounts early.
4. A tax accountant (cpa) consultation recommended if you're confused, need advice, etc especially with a Ton of money to save away since there's tons of complex ways to avoid high taxes.
(Which is why the super rich often have no taxes due yearly.)
Figure out how much you need to put away enough cash for let's say $1,000,000 at retirement. (You'll likely need a ton more with inflation etc after 40 years.)
Inflation is a big (hidden) leech - high inflation reduces the buying power of each $1. Many forget to calculate future savings with inflation, so they wind up POORER than they expected.
6. Stocks are like ocean waves.
They go up, then down, then up.
Right now, stock prices are collapsing. 15+% drop from the top a year ago, so very likely recession + big dip = great time to buy stocks cheap, hold, wait for the big jump up after the economy recovers. With the Ukraine war, might be a decade+ recovery worldwide.
(Right now, whammy of high oil prices, usa suffering after the president rejected the XL pipeline from Canada, shipping lags and increased prices on imports, absurd food inflation, etc.)
But anyone with spare cash, amazing time to buy and hold in top companies.
7. If you go lazy, I bonds. At least these keep up with inflation.
My Fidelity Visa pays me 2% on all purchases. They transfer the money earned to a cash management account I opened. I have made a lot of money from that Visa!
after exclusively using my fidelity visa for 2%, i have set that card aside and starting using my 3% us alliance visa for everything. it's good for exactly like the fidelity except 50% more. like you, i've made a ton of money and i *always* apply it back as a statement credit.
after exclusively using my fidelity visa for 2%, i have set that card aside and starting using my 3% us alliance visa for everything. it's good for exactly like the fidelity except 50% more. like you, i've made a ton of money and i *always* apply it back as a statement credit.
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You're on your way
Thanks for registering for the $100 cash reward.
As a reminder, you have up to 15 calendar days to deposit $50 or more to qualify.
You'll receive the $100 within 25 days after you fund a new eligible account.
Sign up for a Slickdeals account to remove this ad.
No worse than fidelity though.
There are many others providers if you don't like schwab, that better than fidelity.
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Edit: I tried again in with Chrome incognito mode and it worked. I also typed in my info instead of using Chrome to autofill the fields.
Depends what your goal is but I opened a Roth IRA, if you want to save a little extra for retirement or emergency in some cases this is a good way to do it. There are income limits they are higher but do some research
You are if you haven't used the promo before. I had a standard brokerage account and used promo to open a Roth IRA and I got the $100.
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There's more than 1 factor to consider when choosing a brokerage.
https://www.kiplinger.c
Look though each prior year's Kiplingers rankings to get a better idea the pros and cons of each brokerage and how they've evolved.
Our community has rated this post as helpful. If you agree, why not thank babygdav
Fidelity has got to be one of the best retirement brokerage if not the best. I regularly use their free wire transfer to my day trading brokerages.
Fidelity is highly rated among brokerages.
But one of the considerations for a retirement account is how easy is it to transfer money after death.
With Fidelity, as long as you've designated Beneficiaries in each account, takes only 2~ weeks to fully transfer the account funds once they've received the appropriate documentation such as the death certificate, your id, etc.
No need for probate - direct designated beneficiary transfers. And for spouses, ira accounts can transfer directly into new beneficiary spouse ira accounts. Easy.
Our community has rated this post as helpful. If you agree, why not thank babygdav
A. Non-retirement accounts
B. Retirement accounts (traditional ira, Roth ira, 401k)
2. Taxes differ if and when you pull out money from the accounts.
From a. , you are normally taxed at your current rates.
From b, if you pull out money BEFORE reaching retirement age, 40%~ tax (various depending on tax laws and year). After retirement age, traditional ira taxed at your current rate, Roth ira not taxed (but, roth ira deposits are taxed at current rates).
3. So, IF you can put money away for the 40+ years (assuming you're 20s) and pretend it never existed during that period of time, max out Roth IRA deposits per year, then traditional IRA.
If you probably might need to take out the money for use before retirement, regular stock/brokerage account because you'll lose about half of you try to withdraw from ira accounts early.
4. A tax accountant (cpa) consultation recommended if you're confused, need advice, etc especially with a Ton of money to save away since there's tons of complex ways to avoid high taxes.
(Which is why the super rich often have no taxes due yearly.)
5. https://www.calculators
Figure out how much you need to put away enough cash for let's say $1,000,000 at retirement. (You'll likely need a ton more with inflation etc after 40 years.)
Inflation is a big (hidden) leech - high inflation reduces the buying power of each $1. Many forget to calculate future savings with inflation, so they wind up POORER than they expected.
6. Stocks are like ocean waves.
They go up, then down, then up.
Right now, stock prices are collapsing. 15+% drop from the top a year ago, so very likely recession + big dip = great time to buy stocks cheap, hold, wait for the big jump up after the economy recovers. With the Ukraine war, might be a decade+ recovery worldwide.
(Right now, whammy of high oil prices, usa suffering after the president rejected the XL pipeline from Canada, shipping lags and increased prices on imports, absurd food inflation, etc.)
But anyone with spare cash, amazing time to buy and hold in top companies.
7. If you go lazy, I bonds. At least these keep up with inflation.
How long did it take to receive the $100? It's been a few days since I deposited the $50
I don't remember exactly but a few weeks I think
https://www.usalliance.
Sign up for a Slickdeals account to remove this ad.
https://www.usalliance.
I'm goingbto check it out!