Open Eligible Fidelity Investment Account + Deposit $50+ & Get
Expired
$100 Cash Reward
(New or Existing Customers)
+182Deal Score
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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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What of 3 options to choose for money to be held "core position"
SPAXX
FCASH
FZFXX
SPAXX or FZFXX for 0.01% interest. This is where cash will rest when settled, so I don't feel it matters. Any unused cash might be better off in a high yield savings. NFA!
What of 3 options to choose for money to be held "core position"
SPAXX
FCASH
FZFXX
I handle a Cash Management account for a relative and never bothered changing the core account. Before rates went in the toilet I would periodically move money from the core account to SPRXX[fidelity.com] to get a better yield (current 1.26% 7 day yield).
Also, I opened my Cash Management account on 6/7, my $100 bonus was in my account this AM. Thanks OP!
Not really. Both Schwab and Fidelity are the big 2, I have accounts with both of them and other firms. What separates them is:
With Schwab, fractional shares is $5.00 minimum on S&P 500 stocks. With Fidelity, fractional shares is $1.00 on any stock or ETF of your choice.
Schwab is not a market maker and not a member o the NYSE. Fidelity is known as NFS (National Financial Services) which is both a market maker and both Fidelity and NFS are members of the NYSE.
When it comes to manually purchased money market funds to get a higher rate of return. With Schwab and literally everyone else, you have to sell to cover all debits or else you will end up with that as a margin debit and get charged margin interest. With Fidelity, it will auto sell from Fidelity Money Market funds to cover the debit.
SPAXX or FZFXX for 0.01% interest. This is where cash will rest when settled, so I don't feel it matters. Any unused cash might be better off in a high yield savings. NFA!
The interest is incorrect, as make sure to look at when it was last updated as it's the 7 day average yield you should be concerned about:
Current 7 day yields are as follows:
SPAXX 0.99%
FZFXX 0.98%
"The Fidelity" brokerage account. Cash management = Checkings with deposit sweeping and debit card.
The reality is they are all brokerage accounts. Cash Management Account=Brokerage as you can invest in everything including stocks and ETFs but not have margin or invest in options. The other difference is the debit card on the CMA rebates everyone for ATM fees while on "The Fidelity" brokerage account, the ATM fees are reimbursed only for the following:
From https://www.fidelity.com/cash-man...debit-card
"For Fidelity Cash Management Account owners, Youth Account owners or Fidelity Account® owners coded Premium, Active Trader VIP, Private Client Group, Wealth Management, or former Youth Account owners, your 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."
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I received this message because my credit bureaus (Experian, Equifax, TU) were all frozen. Unfreezing each allowed a successful application submission.
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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.
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SPAXX
FCASH
FZFXX
SPAXX
FCASH
FZFXX
SPAXX
FCASH
FZFXX
Also, I opened my Cash Management account on 6/7, my $100 bonus was in my account this AM. Thanks OP!
Sign up for a Slickdeals account to remove this ad.
With Schwab, fractional shares is $5.00 minimum on S&P 500 stocks. With Fidelity, fractional shares is $1.00 on any stock or ETF of your choice.
Schwab is not a market maker and not a member o the NYSE. Fidelity is known as NFS (National Financial Services) which is both a market maker and both Fidelity and NFS are members of the NYSE.
When it comes to manually purchased money market funds to get a higher rate of return. With Schwab and literally everyone else, you have to sell to cover all debits or else you will end up with that as a margin debit and get charged margin interest. With Fidelity, it will auto sell from Fidelity Money Market funds to cover the debit.
SPAXX
FCASH
FZFXX
SPAXX 0.99%
FZFXX 0.98%
FCASH as of June 21, 2022 0.69% - https://www.fidelity.co
Current 7 day yields are as follows:
SPAXX 0.99%
FZFXX 0.98%
From https://www.fidelity.co
"For Fidelity Cash Management Account owners, Youth Account owners or Fidelity Account® owners coded Premium, Active Trader VIP, Private Client Group, Wealth Management, or former Youth Account owners, your 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."
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We're sorry, but we were unable to confirm your identity based on the information you provided.