Open Eligible Fidelity Investment Account + Deposit $50+ & Get
Expired
$100 Cash Reward
(New or Existing Customers)
+182Deal Score
128,777 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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So I'm to the "where are the funds coming from" section and I haven't seen the place to put the promo code. Did I miss it already or is it on the next page. Also, anyone else choose Paypal?
Nevermind, already got the 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. In the meantime, check out our Step-by-Step Guide to learn how to get started investing.
I'd like to open a Fidelity Youth acct for my son (slickdeals post) but have to open a Fidelity acct myself to have him get one. I already have investment portfolio/retirement accts elsewhere. Which account would I be able to open for this deal? I mainly want my kid to get excited and interested in investing, and thought this would be a good start for him. Any help is much appreciated. TIA!
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%
So interest is paid every 7 days at that rate? Interesting.
Hypothetically speaking, say you put 1Mil into your account without investing. Would you actually earn .9% of your balance every 7 days?
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.
I can confirm this works. Signed up 6-13-22. Noticed I got my $100 on 7-6-22. Just pulled my $50 back today, and scheduled a pull of the $100 to my bank account for 10-7-22.
I can confirm this works. Signed up 6-13-22. Noticed I got my $100 on 7-6-22. Just pulled my $50 back today, and scheduled a pull of the $100 to my bank account for 10-7-22.
Why schedule? Haha. If you don't have a broker I can't think of a more reliable platform. Webull and RH are junk. Chase is really bad too.
No OTC. Can't hold private shares. Likes to disable buy button. Shares given for BBIG/TYDE distributed way later than Fidelity or other normal platforms.
It still shows the offer was available when I searched google for it just now. However, when I follow the OP's link it says dead.
I think the deal is still valid..
I believe the offer link you posted is the new offer. It says "for account opened on or after 7/20/22".
Thank you for heads up. I am planning to open a Fidelity account so that I can open my teen a youth account with $50 bonus promo. The offer you posted will be very helpful!
"$50 for $100 Cash Offer Terms and Conditions
This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity') customers who open through the following link https://www.fidelity.com/go/starter-pack and fund a new, eligible Fidelity account with a minimum of $50 on or after 07/20/2022 and have not otherwise previously taken advantage of Fidelity's $50 for $100 cash offer. Offer is limited to one bonus award per individual."
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Featured Comments
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.
Nevermind, already got the 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. In the meantime, check out our Step-by-Step Guide to learn how to get started investing.
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.
Current 7 day yields are as follows:
SPAXX 0.99%
FZFXX 0.98%
Hypothetically speaking, say you put 1Mil into your account without investing. Would you actually earn .9% of your balance every 7 days?
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.
Thanks!
Sign up for a Slickdeals account to remove this ad.
What's bad about RH?
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.
I think that one is expired.
It still shows the offer was available when I searched google for it just now. However, when I follow the OP's link it says dead.
I think the deal is still valid..
Hypothetically speaking, say you put 1Mil into your account without investing. Would you actually earn .9% of your balance every 7 days?
It still shows the offer was available when I searched google for it just now. However, when I follow the OP's link it says dead.
I think the deal is still valid..
I believe the offer link you posted is the new offer. It says "for account opened on or after 7/20/22".
Thank you for heads up. I am planning to open a Fidelity account so that I can open my teen a youth account with $50 bonus promo. The offer you posted will be very helpful!
"$50 for $100 Cash Offer Terms and Conditions
This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity') customers who open through the following link https://www.fidelity.co
https://www.fidelity.co
Sign up for a Slickdeals account to remove this ad.