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Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $25 and Earn Expired

$50 Cash Reward
+59 Deal Score
50,931 Views
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.

Deal Instructions:
  1. Download the Fidelity Bloom App (iOS or Android)
  2. Open the App and click on "Learn More"
  3. 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
  4. 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
  5. 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".
  6. You must deposit at least $25 within 7 calendar days to earn the $50 cash award
  7. 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.pdf 1.64 MB View
Fidelity Bloom℠ FAQs Fidelity.pdf 274.3 KB View

Original Post

Written by
Edited April 13, 2023 at 10:09 AM by
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)
Instructions:
  1. Download Fidelity Bloom app (iOS [apple.com] | GP [google.com])
  2. 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)
  3. 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.
  4. Within 10 calendar days after the $25 min deposit, Fidelity deposits $50 into your Bloom Save account.
  5. 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.
  6. 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 $300 in 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):
Rewards Details Rewards Posted
Attachment 13355084 Attachment 13355087
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.
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Deal
Score
+59
50,931 Views
$50 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.

104 Comments

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Featured Comments

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. Smilie
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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Joined May 2020
L3: Novice
> bubble2 289 Posts
34 Reputation
BrightLake1520
04-25-2023 at 10:06 AM.
04-25-2023 at 10:06 AM.
Quote from BGS5 :
Didn't show up $50 on depositing $25, but showed me 10% on $300 deposit. Any idea - Do I get $50 as well if k transfer $300 to save account?

I receive the $50 today from $300 in savings account.
Reply
Joined Mar 2006
L6: Expert
> bubble2 1,856 Posts
962 Reputation
Pro
moon_2100
04-25-2023 at 10:17 AM.
04-25-2023 at 10:17 AM.
Quote from BrightLake1520 :
I receive the $50 today from $300 in savings account.
When did you open the account? Also did you make a $25 or more deposit in both of yours spend and save account?
Reply
Joined May 2020
L3: Novice
> bubble2 289 Posts
34 Reputation
BrightLake1520
04-25-2023 at 11:00 AM.
04-25-2023 at 11:00 AM.
Quote from moon_2100 :
When did you open the account? Also did you make a $25 or more deposit in both of yours spend and save account?

I opened on 4/13 and funded $300 only in savings.
Reply
Joined Nov 2006
L3: Novice
> bubble2 157 Posts
28 Reputation
jsguy
04-28-2023 at 01:16 PM.
04-28-2023 at 01:16 PM.
Been 2 weeks- still no $50 or 10% bonus
Reply
Joined Jun 2012
L2: Beginner
> bubble2 76 Posts
30 Reputation
okwwq7802
04-28-2023 at 01:21 PM.
04-28-2023 at 01:21 PM.
Quote from jsguy :
Been 2 weeks- still no $50 or 10% bonus
The 10% bonus is payable at "month end" while the $50 is "within an additional 20 calendar days after deposit is made" per fine print.
Reply
Joined Jul 2018
L2: Beginner
> bubble2 42 Posts
14 Reputation
gjmpwaen
04-29-2023 at 12:47 PM.
04-29-2023 at 12:47 PM.
Took a couple weeks but the $50 came in. Now just waiting for the $30 at the beginning of the month.
Reply
Joined Apr 2007
L7: Teacher
> bubble2 2,721 Posts
1,105 Reputation
barcode
04-29-2023 at 12:51 PM.
04-29-2023 at 12:51 PM.
Funded on 4/17. Still no $30 or $50. Only got the $6.
Reply

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Joined Jul 2018
Free is the best deal
> bubble2 1,616 Posts
4,002 Reputation
Pro
spacers
05-01-2023 at 06:13 AM.
05-01-2023 at 06:13 AM.
I got the $50 back.. but anyone got the $30 match on $300 yet?
Reply
Joined Apr 2016
L4: Apprentice
> bubble2 1,447 Posts
222 Reputation
StefanoM3235
05-01-2023 at 06:22 AM.
05-01-2023 at 06:22 AM.
I also just got the 50 and the 6 extra but no 30
Reply
Joined May 2005
hackdagibson
> bubble2 605 Posts
94 Reputation
teckel1927
05-01-2023 at 05:53 PM.
05-01-2023 at 05:53 PM.
Got the $50, $1 and $5 but no $30 match yet
Reply
Joined Apr 2016
L4: Apprentice
> bubble2 1,447 Posts
222 Reputation
StefanoM3235
05-02-2023 at 03:54 AM.
05-02-2023 at 03:54 AM.
Just got the $30 as well. Safe to withdraw everything?
Reply
Joined Jan 2007
L6: Expert
> bubble2 1,804 Posts
275 Reputation
Sysop
05-02-2023 at 09:27 AM.
05-02-2023 at 09:27 AM.
I see my $50 and $30 now. Thank you OP.
Reply
Joined Sep 2011
$
> bubble2 2,676 Posts
1,020 Reputation
Pro
E4300
05-02-2023 at 06:26 PM.
05-02-2023 at 06:26 PM.
Received $30 on 5/01.
Reply
Joined May 2014
L10: Grand Master
> bubble2 10,791 Posts
44,349 Reputation
Original Poster
rsvpd
05-03-2023 at 10:44 AM.
05-03-2023 at 10:44 AM.
The $50 Cash Reward will appear in your Spend account (approx. 7 calendar days after making the $25 deposit(s). On 5/1, Savings Match posted to my Save account. Transaction Details:
 DateDescriptionTypeDepositsWithdrawalsBalance
SPENDMM/DD/2023 JOURNALED (Cash)Other $50.00  
       
SAVE05/01/2023 Rewards (Match) Other $XX.XX  
Quote from StefanoM3235 :
Just got the $30 as well. Safe to withdraw everything?
Yes! I would keep $10 in Spend account to take advantage of the $.10 per swipe bonus (up to 15 transactions per day). It's tedious but may be worth the effort for some -- e.g. paying auto or home insurance, healthcare premiums.

Note: there is a $10 min. for ACH withdrawals (which is why I suggest $20). For those with existing brokerage accounts, you can transfer the funds into the Cash account & withdraw using Paypal (min is $5?)
Reply

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Joined Dec 2007
L5: Journeyman
> bubble2 708 Posts
125 Reputation
ChaChing23
05-03-2023 at 02:31 PM.
05-03-2023 at 02:31 PM.
Quote from rsvpd :
Yes! I would keep $10 in Spend account to take advantage of the $.10 per swipe bonus (up to 15 transactions per day). It's tedious but may be worth the effort for some -- e.g. paying auto or home insurance, healthcare premiums.
Now that's some work. It's 10% back, though (if you're paying $1.00 per transaction). Will your auto insurance carrier and healthcare insurance provider allow/accept 15 debit card transactions per day?

How much are you paying in each transaction? $1.00? (Less? Is there a minimum transaction amount?) And then you get back $0.10 per transaction in your Fidelity Bloom Save account?
Reply
Last edited by ChaChing23 May 3, 2023 at 02:53 PM.
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