Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $25 and Earn
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$50 Cash Reward
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Fidelity is offering a $50 Cash Reward when you Open 2 Fidelity Brokerage Accounts (Fidelity Bloom Spend and Fidelity Bloom Save) via the Fidelity Bloom App and Deposit $25 or more within 7 calendar days of opening the account (see the instructions below).
Thanks to community member rsvpd for sharing this deal.
Click on "Sign up" and you will begin the process to open the accounts and get a debit card
Spend Account is for everyday spending and is linked to your debit card
Save Account is where you'll keep track of your savings
You will then click on "Open accounts" where you will be prompted to verify your identity and set up an account
Note, you can log in with your Fidelity information if you are a current customer
They may then offer the following (make sure to claim if offered): "Earn $0.10 per purchase every time you use the Fidelity Bloom debit card, while you wait for your debit card we will jumpstart your Save balance by giving you $1".
You must deposit at least $25 within 7 calendar days to earn the $50 cash award
The $50 cash award will be deposited directly into the Fidelity Bloom Save account within 10 days after the qualification period
Attachments
Fidelity Bloom Financial App Save Spend Bloom Fidelity.pdf1.64 MBView
Links in .pdfs of T&C and FAQ's are clickable. Quick Links to Fidelity Investments Accounts - Login on Browser[fidelity.com] | Fidelity Mobile: iOS[apple.com] | GP[google.com](Bloom accounts appear w/ your other Fidelity accounts)
Fidelity[fidelity.com] is offering a $50 Cash Sign-Up Bonus for new or existing Fidelity Brokerage Services LLC ("Fidelity") customers who open a new Fidelity Bloom Spend & Bloom Save account in the Fidelity Bloom app & fund with a min. of $25 within 7 calendar days of account sign-up. Offer is limited to one cash award per individual.
After account is set up, you MAY see 2 other "Reward Offers" to Earn an additional $6 Cash Reward. Tap the Claim my reward button. Below are the title of the screens & Name of Rewards in Spend account after they post (scroll to bottom of OP for screenshots):
$5 for Save and spend? What a combo! | Rewards (Cash-back shopping)
$1 for Get ready to swipe and save | Rewards (Cents per swipe)
In the Bloom app, open a Bloom Spend & Bloom Save brokerage account:
If you have an existing Fidelity account, you can Sign Up using the same login credentials (e.g. if you have FiDO CC[fidelityrewards.com], use the login for Fidelity Brokerage - Not the login for CC)
Deposit a total of at least $25 in either account from an outside financial institution within 7 calendar days of opening your Bloom accounts.
Fund your Bloom accounts from your bank account with an electronic funds transfer (EFT) or through a third-party payment app such as Venmo or PayPal.
Within 10 calendar days after the $25 min deposit, Fidelity deposits $50 into your Bloom Save account.
You do not need to keep your cash reward for the $50 offer in Bloom or in a Fidelity account. Once the reward is deposited, it is yours to save, spend, or invest however and wherever you wish.
You'll receive a debit card that automatically deposits your earnings and rewards into Bloom Save account. The Bloom debit card is issued by Leader Bank & the debit card program is administered by BNY Mellon Investment Servicing Trust Company.
Other Features:
Earn a 10-cent Reward Every Time You use Your Bloom Debit Card
Limit of 15 purchases per day
Reward is automatically deposited into your Bloom Save account.
Annual Match on up to $300in Eligible Deposits; Earnings Deposited Monthly -- For a Limited Time: Match Rate is 10% (Max payout of $30):
You don't have to deposit all $300 at once; you can make multiple deposits to get the full match in Fidelity Bloom. The time frame to earn toward this reward in is from the day you open your accounts until the end of that same calendar year.
Match rewards are deposited to your Bloom Save account & based on eligible deposits into your Bloom Save account in a calendar year and resets annually.
Eligible deposits include: Transfers from outside or other Fidelity accounts, cash-back shopping rewards, and Round Up deposits.
Match earnings are distributed monthly until you reach the maximum payout; this is calculated on the qualifying deposits from the previous month. Eligible deposits need to be settled in their account in order to be calculated as part of your savings match reward which can take up to 5 business days, depending on deposit method.
Examples - If the Save account balance on July 31 includes:
$300 in eligible deposits, you'll receive the max payout of $30 in early August
$100 in eligible deposits, you'll receive a payout of $10
Screenshots of 2 Bonus Offers (Earn Additional $6 Cash Reward):
Notes:
Fidelity Bloom accounts are brokerage accounts covered by SIPC insurance. Holdings in your Fidelity Bloom accounts are subject to market risk and risk of loss. Brokerage accounts are not bank accounts & are not covered by FDIC insurance.
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.
I hate the idea of having banking apps on my phone, since I'm always afraid I'll somehow lose it (though I can't recall ever having lost one)... I went ahead and downloaded the app, and since I had previously created a Fidelity account (from a "open X account, deposit $50 and we'll give you $100 offer), I logged in with that. I created the Bloom Save / Spend accounts, but did not see any offers.
Turned out I had to "drag down" on the main page (click on the "House" icon), and eventually the "Save $300, earn $30" offer came up, so I went through that. I couldn't get a banner for the "Save $25, we'll give you $50 offer), so hopefully that'll be automatic once the $300 hits the account.
Just thought I'd post my experience, in case it helped anyone.
15 transactions a day for $1.50? Is this worth your time? Possibly if there is a way to set up auto pays / schedule.
Thank you.. Setup was breeze in the app and opened up for myself/spouse.
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I don't recall the option of choosing which Bloom account to deposit. The $25 deposit shows pending in the Save account. There's not a promo code. In the app, after signing up, you'll a screen that displays: Get $50 on Us:To help jump-start your savings journey, we'll give you $50 once you deposit at least $25 into your Save or Spend
I didn't see that get $50 on us..but have all the others. Maybe I missed it. Deposited $30 anyway
I had the option of save or spend
In the app, Go to Account tab (last tab) & select Get Help. Tap the Chat icon in upper right.
Or go to Fidelity's Contact Us page[fidelity.com]. Try calling Fidelity Debit Card Services at 800-323-5353 - I'm not sure if that's the right dept. Note: Fidelity outsources management of its products (e.g. FiDO / Fidelity Visa Rewards is now managed by Elan (previously FIA/Bank of America).
I opened this account few months ago and deposited 300$ immediately. Seeing this post, i checked the account, no 50$ bonus !. Called them and they agreed it should have been given and escalating for manual process.
I updated OP with more information about the Match Earning payout details & schedule. They are deposited monthly. At the end of each month, they calculate the qualifying deposits from the previous month that have settled (posted). Examples - If the Save account balance on May 31 includes:
$300 in eligible deposits (No deposits were made in April), you'll receive the max payout of $30 in early June
$100 in eligible deposits, you'll receive a payout of $10 in early June
It depends on the bank you use, if the bank is part of the instant verification network then it is instant. However regional and community banks & CU who are not part of that network take longer like using the micro deposit verification method or they use a pre-note period which can take 3-7 days depending on the bank.
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04-13-2023 at 11:30 AM.
Wait 7 days and contact Fidelity if you did not get the $50. Screen shot should be sufficient to claim the $50 reward. $300 deposit must go into the savings account to receive the $10 credit.
I don't recall the option of choosing which Bloom account to deposit. The $25 deposit shows pending in the Save account. There's not a promo code. In the app, after signing up, you'll a screen that displays: Get $50 on Us:To help jump-start your savings journey, we'll give you $50 once you deposit at least $25 into your Save or Spend
Rules said one or both, as long as the amount is $25. Need to open the accounts via the app, and deposit new cash to the savings account to qualify for the 10% reward on $300.
FYI, I thought maybe these were a savings and checking account but both are brokerage accounts:
"Fidelity Bloom accounts are brokerage accounts covered by SIPC insurance. They are not bank accounts and therefore are not covered by FDIC insurance. Holdings in your Fidelity Bloom accounts are subject to market risk and risk of loss."
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Turned out I had to "drag down" on the main page (click on the "House" icon), and eventually the "Save $300, earn $30" offer came up, so I went through that. I couldn't get a banner for the "Save $25, we'll give you $50 offer), so hopefully that'll be automatic once the $300 hits the account.
Just thought I'd post my experience, in case it helped anyone.
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I didn't see that get $50 on us..but have all the others. Maybe I missed it. Deposited $30 anyway
I had the option of save or spend
I had the option of save or spend
Or go to Fidelity's Contact Us page [fidelity.com]. Try calling Fidelity Debit Card Services at 800-323-5353 - I'm not sure if that's the right dept. Note: Fidelity outsources management of its products (e.g. FiDO / Fidelity Visa Rewards is now managed by Elan (previously FIA/Bank of America).
Sign up for a Slickdeals account to remove this ad.
Our community has rated this post as helpful. If you agree, why not thank E4300
Sign up for a Slickdeals account to remove this ad.
"Fidelity Bloom accounts are brokerage accounts covered by SIPC insurance. They are not bank accounts and therefore are not covered by FDIC insurance. Holdings in your Fidelity Bloom accounts are subject to market risk and risk of loss."