Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $50 and Earn
Expired
$100 Cash Reward
(New Bloom Customers only)
+313Deal Score
203,303 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.
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 $5 bonus.
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Not seeing a mention of the 100$ 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.
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
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.
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.
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.
Our community has rated this post as helpful. If you agree, why not thank ChrisB1481
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.
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
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?
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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 $5 bonus.
Sign up for a Slickdeals account to remove this ad.
*edit* In case anyone else wondering I did finally get an email for the wife yesterday talking about the 100$ bonus. so just sit tight.
If I make deposit today after opening account, will it count today's date or Mondays? Thanks
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
Within a few days got $5 bonus and email saying I qualify for other bonuses.
Got Debit card today.
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.
Sign up for a Slickdeals account to remove this ad.
Within a few days got $5 bonus and email saying I qualify for other bonuses.
Got Debit card today.
i keep seeing comments about the 27th but i didn't see anything about that on the fidelity site
Our community has rated this post as helpful. If you agree, why not thank ChrisB1481
i keep seeing comments about the 27th but i didn't see anything about that on the fidelity site
Did for me as well
only $5 bonus
only $5 bonus
Has it been 10 working days now?
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
Sign up for a Slickdeals account to remove this ad.