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Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $50 and Earn Expired

$100 Cash Reward
(New Bloom Customers only)
+313 Deal Score
203,303 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.

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 (non-Bloom) customer
  5. They may then offer the following: $5 Bonus for signing up.
  6. You must deposit at least $50 within 7 calendar days to earn the $100 cash award
  7. The $100 cash award will be deposited directly into the Fidelity Bloom Save account within 10 days after the qualification period

Original Post

Written by
Edited August 19, 2023 at 08:14 AM by
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.

https://www.fidelity.com/mobile/bloom
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Deal
Score
+313
203,303 Views
$100 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.

551 Comments

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Featured Comments

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.

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Joined Dec 2021
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> bubble2 63 Posts
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Revolukas
08-25-2023 at 07:13 PM.
08-25-2023 at 07:13 PM.
Not seeing a mention of the 100$ bonus while signing my wife up today, I did use same phone number for both signups. When I set mine up it talked about the bonus as a tip on the home page, like what that guy's screenshot shows.

*edit* In case anyone else wondering I did finally get an email for the wife yesterday talking about the 100$ bonus. so just sit tight.
Reply
Last edited by Revolukas August 31, 2023 at 04:37 AM.
Joined Apr 2015
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> bubble2 339 Posts
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lordmats0o
08-25-2023 at 11:17 PM.
08-25-2023 at 11:17 PM.
If I make my deposit now (8/25 11pm pst) Will my deposit still quality or does it need to post by the 27th?
1
Reply
Joined Jul 2004
L5: Journeyman
> bubble2 520 Posts
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fuffyk
08-26-2023 at 06:53 AM.
08-26-2023 at 06:53 AM.
Quote from lordmats0o :
If I make my deposit now (8/25 11pm pst) Will my deposit still quality or does it need to post by the 27th?

If I make deposit today after opening account, will it count today's date or Mondays? Thanks
1
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Joined Feb 2008
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> bubble2 67 Posts
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oceanbreeze21
08-26-2023 at 10:08 AM.
08-26-2023 at 10:08 AM.
Quote from Kraken09 :
Did anyone have any luck getting this promo with an existing Fidelity account?

I can't even get the $5.00 promo to pop up and I am worried the $100 promo won't apply. I say this because I read a few earlier posts about existing customers not getting promo info or confirmation.

Signed up last week w existing fidelity account. Put $500 in checking and savings. Only received $5 so far
Reply
Joined Aug 2010
L4: Apprentice
> bubble2 455 Posts
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gatec77
08-26-2023 at 10:35 AM.
08-26-2023 at 10:35 AM.
Signed up last week. Only $5 received so far
Reply
Joined Jan 2005
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> bubble2 645 Posts
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PeakSummit
08-26-2023 at 11:16 AM.
08-26-2023 at 11:16 AM.
Signed up last week. Immediately added money to the Save acct.
Within a few days got $5 bonus and email saying I qualify for other bonuses.
Got Debit card today.
Reply
Joined Aug 2018
L6: Expert
> bubble2 1,047 Posts
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Kraken09
08-26-2023 at 11:18 AM.
08-26-2023 at 11:18 AM.
Quote from oceanbreeze21 :
Signed up last week w existing fidelity account. Put $500 in checking and savings. Only received $5 so far

I'm guessing this promo doesn't apply to current Fidelity customers. It states new customer but I think that's just new in general and not to just the bloom app.

Thanks for posting. I won't go forward with registering on the app.
Reply

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Joined Jan 2005
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PeakSummit
08-26-2023 at 11:24 AM.
08-26-2023 at 11:24 AM.
Quote from PeakSummit :
Signed up last week. Immediately added money to the Save acct.
Within a few days got $5 bonus and email saying I qualify for other bonuses.
Got Debit card today.
EDIT: Also, I had a previous Fidelity 401k acct that I thought was closed out years ago, but apparently it was still open.
Reply
Joined Jul 2013
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> bubble2 4,908 Posts
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JJoye
08-26-2023 at 11:43 AM.
08-26-2023 at 11:43 AM.
is there an end date to this promotion?

i keep seeing comments about the 27th but i didn't see anything about that on the fidelity site
Reply
Joined Feb 2012
L3: Novice
> bubble2 135 Posts
ChrisB1481
08-26-2023 at 12:27 PM.

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08-26-2023 at 12:27 PM.
Quote from JJoye :
is there an end date to this promotion?

i keep seeing comments about the 27th but i didn't see anything about that on the fidelity site
If you scroll down to the bottom on the linked page. #5 will open the terms and conditions. Seems like the August 27th date is for existing customers that haven't done an offer before. If its a new account it seems like you have 7 days after your first initial deposit to make sure the balance is $50 or more to qualify. For new accounts it doesn't mention any date that the offer ends, or a date that you need to deposit by.
2
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Joined Aug 2023
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NeatScene1962
08-26-2023 at 09:58 PM.
08-26-2023 at 09:58 PM.
Quote from pur :
I think it showed up during the application process as an incentive to finish.

Did for me as well
Reply
Joined Jan 2007
L10: Grand Master
> bubble2 28,289 Posts
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cgigate
08-26-2023 at 10:16 PM.
08-26-2023 at 10:16 PM.
never received $100 or 10% of $300.
only $5 bonus
1
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Joined Jul 2004
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> bubble2 520 Posts
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fuffyk
08-26-2023 at 10:21 PM.
08-26-2023 at 10:21 PM.
Quote from cgigate :
never received $100 or 10% of $300.
only $5 bonus

Has it been 10 working days now?
Reply
Joined Jan 2009
L6: Expert
> bubble2 1,046 Posts
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labude
08-27-2023 at 01:02 AM.
08-27-2023 at 01:02 AM.
not letting me link bank accounts to transfer the $300.
been trying for hours.
not my brokerage account, nor either of two major banks

edit -
i guess it was some late night glitch. linked and transferred $300 now.
i already had a bank account linked to my exiting fidelity account so tt was just
an add to the bloom save. didnt let me do it at 2 am though for some reason.

now it is showing in my summary - all accounts, bloom and save $300,
but as pending for tomorrow. so not sure if they'll give me the bonus
2
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Last edited by labude August 27, 2023 at 01:11 PM.

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Joined Jan 2004
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morbie
08-27-2023 at 03:54 PM.
08-27-2023 at 03:54 PM.
Quote from ChrisB1481 :
If you scroll down to the bottom on the linked page. #5 will open the terms and conditions. Seems like the August 27th date is for existing customers that haven't done an offer before. If its a new account it seems like you have 7 days after your first initial deposit to make sure the balance is $50 or more to qualify. For new accounts it doesn't mention any date that the offer ends, or a date that you need to deposit by.
When you say existing customers do you mean existing bloom customers or is that any existing fidelity account?
Reply
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