Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $50 and Earn
Expired
$100 Cash Reward
(New Bloom Customers only)
+313Deal Score
203,158 Views
Fidelity is offering New Bloom Customers:$100 Cash Reward when you Open 2 Fidelity Brokerage Accounts (Fidelity Bloom Spend and Fidelity Bloom Save) via the Fidelity Bloom App and Deposit $50 or more within 7 calendar days of opening the account (see the instructions below).
Thanks to community member hashir for sharing this deal.
Open a Bloom account and deposit $50 to get a $100 bonus. This is open to new Fidelity customers and existing Fidelity customers that don't have a Bloom account.
the Net Deposit at the end of the 7 calendar days after your initial funding date ("the Qualification Period") must be at least $50.
The cash award will be deposited directly to the Fidelity Bloom Save account within 10 calendar days after the qualification period.
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Looks fairly straightforward.
Technically opening 2 accounts. A debit & a brokerage account for them to invest your savings.
*edit: as pointed out below by SirMixPix, both accounts are technically brokerage accounts which changes the protections/guarantees a bit.
Anyone seeing fees? I'm not.
looks like even better than OP claimed:
+$5 just for signing up (YMMV, this happened during sign up process for me. it is already showing up in the app under Activity for me)
+$100 if you fund $50 per promo
+$30 (10% match bonus on up to $300 deposit to SAVE account)
so if you park $300 in this for a while you'll get $135 in bonuses (I wasn't sure re timing and didn't dig into the details, others have made educated guesses in comments below)
Updates:
Sounds like they check settled funds at the end of the month and you get the bonus early in the next month.
the 10% is an intro bonus rate, looks like 5% for future years.
edit 2:
185TU and not frontpage?
is it the lack of kickback money for SD since it's via app signups and not a direct affiliate link or what?
wild the promoted garbage that gets pumped to the frontpage with very little engagement while this doesn't. apparently the Lisen phone holder & ESR plastic phone cases are more noteworthy lol
edit 3:
I got my full bonus
8/18 signed up. immediately got $5 bonus
8/21 ACH transfer posted ($300)
8/30 $100 bonus posted
9/01 $30 match bonus posted
Keep in mind, both the accounts are brokerage funds and, while uncommon for low risk mutual funds of these types to lose money, they have and can (in rare instances). They are not fdic protected and do carry more risk, albeit slight, than a 'standard' back account covered under FDIC insurance.
These brokerage accounts are instead SIPC covered, which while similar to FDIC insurance, there are some significant differences.
A good article explaining what is covered and what isn't here: https://www.firstrepublic.com/ins...ifferences
Interesting Quote from above article:
"It's worth noting that SIPC insurance does not cover the value of your stocks, bonds or other investments. Rather, the SIPC replaces your missing stocks and other securities when possible."
I am Not knocking this deal or the opening of accounts to get the deal. Just some fyi that I found while exploring the fine print that I found interesting.
Got the $5. Currently a Fidelity credit card + brokerage customer as well.
I attached a picture of where you see the $5 bonus.
Sign up for a Slickdeals account to remove this ad.
I also saw the $5 bonus offer flash while signing up for Bloom.
While I am not seeing that bonus on the app right now, it is showing up when I log into the Fidelity Investments site
JOURNALED Rewards (Bonus offers) (Cash) +$5.00
Hoping the other offers will be applied to my account by next month.
Do I have to link a bank account to this or would a mobile check deposit work too? I'm having issues linking a bank account, keeps saying it can't verify that I'm the owner..
Do I have to link a bank account to this or would a mobile check deposit work too? I'm having issues linking a bank account, keeps saying it can't verify that I'm the owner..
Or you could add to your bank as external account then push it from there.
I am not a Fidelity customer, and was already thinking of opening an account. Is there a current bonus for opening a new account (in addition to this Bloom deal)? On Fidelity site, I see an offer, "Get $100 for depositing $50 into new account (Fidelity Starter Pack)".
Does anyone know (or have tried double-dipping)...open a Fidelity Starter Pack, deposit $50 and get $100 bonus, and then open a bloom account and get the deal posted here?
Can I deposit from my adjoining brokerage or does it need to be new money from the bank. I'm not seeing anything in the terms but I can miss things
How much do I have to deposit to earn the Account Opening Introductory offer in Fidelity Bloom®?
You must deposit a minimum of $50 from an outside financial institution to be eligible for this offer. Your deposit can be split in any amount between your Fidelity Bloom® accounts
ie: You must fund the account with a minimum of $50 ("Net Deposit") from an external, non-Fidelity source.
I am not a Fidelity customer, and was already thinking of opening an account. Is there a current bonus for opening a new account (in addition to this Bloom deal)? On Fidelity site, I see an offer, "Get $100 for depositing $50 into new account (Fidelity Starter Pack)".
Does anyone know (or have tried double-dipping)...open a Fidelity Starter Pack, deposit $50 and get $100 bonus, and then open a bloom account and get the deal posted here?
Thanks.
Currently trying this myself, I'm not sure if they will give 2 promotions to one account but they are currently offering it, so it doesn't hurt to try. I thought I read something about one promotion per account in the Terms & Conditions (Offer is limited to one bonus award per individual), but that could mean one promotion per account per service offered by Fidelity. Worst case you only get $100 for a $50 deposit. Best case you get $200 for depositing $100 ($50 to Fidelity Bloom Account, $50 to Fidelity Starter Pack Account).
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Technically opening 2 accounts. A debit & a brokerage account for them to invest your savings.
*edit: as pointed out below by SirMixPix, both accounts are technically brokerage accounts which changes the protections/guarantees a bit.
Anyone seeing fees? I'm not.
looks like even better than OP claimed:
+$5 just for signing up (YMMV, this happened during sign up process for me. it is already showing up in the app under Activity for me)
+$100 if you fund $50 per promo
+$30 (10% match bonus on up to $300 deposit to SAVE account)
so if you park $300 in this for a while you'll get $135 in bonuses (I wasn't sure re timing and didn't dig into the details, others have made educated guesses in comments below)
Updates:
Sounds like they check settled funds at the end of the month and you get the bonus early in the next month.
the 10% is an intro bonus rate, looks like 5% for future years.
edit 2:
185TU and not frontpage?
is it the lack of kickback money for SD since it's via app signups and not a direct affiliate link or what?
wild the promoted garbage that gets pumped to the frontpage with very little engagement while this doesn't. apparently the Lisen phone holder & ESR plastic phone cases are more noteworthy lol
edit 3:
I got my full bonus
8/18 signed up. immediately got $5 bonus
8/21 ACH transfer posted ($300)
8/30 $100 bonus posted
9/01 $30 match bonus posted
These brokerage accounts are instead SIPC covered, which while similar to FDIC insurance, there are some significant differences.
A good article explaining what is covered and what isn't here: https://www.firstrepubl
Interesting Quote from above article:
"It's worth noting that SIPC insurance does not cover the value of your stocks, bonds or other investments. Rather, the SIPC replaces your missing stocks and other securities when possible."
I am Not knocking this deal or the opening of accounts to get the deal. Just some fyi that I found while exploring the fine print that I found interesting.
I attached a picture of where you see the $5 bonus.
Sign up for a Slickdeals account to remove this ad.
While I am not seeing that bonus on the app right now, it is showing up when I log into the Fidelity Investments site
JOURNALED Rewards (Bonus offers) (Cash) +$5.00
Hoping the other offers will be applied to my account by next month.
Does anyone know (or have tried double-dipping)...open a Fidelity Starter Pack, deposit $50 and get $100 bonus, and then open a bloom account and get the deal posted here?
Thanks.
Sign up for a Slickdeals account to remove this ad.
You must deposit a minimum of $50 from an outside financial institution to be eligible for this offer. Your deposit can be split in any amount between your Fidelity Bloom® accounts
ie: You must fund the account with a minimum of $50 ("Net Deposit") from an external, non-Fidelity source.
Does anyone know (or have tried double-dipping)...open a Fidelity Starter Pack, deposit $50 and get $100 bonus, and then open a bloom account and get the deal posted here?
Thanks.
Sign up for a Slickdeals account to remove this ad.
we need to know what the click bait investment article readers are doing