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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)
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:
Thanks to community member hashir for sharing this deal.
Deal Instructions:
- Download the Fidelity Bloom App (iOS or Android)
- Open the App and click on "Learn More"
- 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 (non-Bloom) customer
- They may then offer the following: $5 Bonus for signing up.
- You must deposit at least $50 within 7 calendar days to earn the $100 cash award
- 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
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.co
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.co
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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.
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Fidelity Bloom® $100 Offer Terms and Conditions
This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity") customers who make an initial total deposit of at least $50 ("Qualifying Deposit") into their Fidelity Bloom Spend account or Fidelity Bloom Save account on or after August 13, 2023 through the Fidelity Bloom app. This offer is limited to one cash award per individual. For clarity, existing Bloom clients who have not yet made any deposits into either of their Fidelity Bloom Spend or Fidelity Bloom Save accounts can participate in this offer by making a Qualifying Deposit by August 27, 2023. Existing Fidelity customers who have previously made deposits into their Fidelity Bloom Spend or Save accounts, including individuals who have already participated in the Bloom $50 offer, are not eligible for this offer.
This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity") customers who make an initial total deposit of at least $50 ("Qualifying Deposit") into their Fidelity Bloom Spend account or Fidelity Bloom Save account on or after August 13, 2023 through the Fidelity Bloom app. This offer is limited to one cash award per individual. For clarity, existing Bloom clients who have not yet made any deposits into either of their Fidelity Bloom Spend or Fidelity Bloom Save accounts can participate in this offer by making a Qualifying Deposit by August 27, 2023. Existing Fidelity customers who have previously made deposits into their Fidelity Bloom Spend or Save accounts, including individuals who have already participated in the Bloom $50 offer, are not eligible for this offer.
So I guess if you had any kind of fidelity account, you need to deposit by 8/27.
"existing Bloom clients who have not yet made any deposits into either of their Fidelity Bloom Spend or Fidelity Bloom Save accounts can participate in this offer by making a Qualifying Deposit by August 27"
Everyone should get the bonus as long as you didn't previously receive a Bloom bonus. It takes 7-10 days after the initial deposit clears. The 10% match portion is calculated monthly.
This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity") customers who make an initial total deposit of at least $50 ("Qualifying Deposit") into their Fidelity Bloom Spend account or Fidelity Bloom Save account on or after August 13, 2023 through the Fidelity Bloom app. This offer is limited to one cash award per individual. For clarity, existing Bloom clients who have not yet made any deposits into either of their Fidelity Bloom Spend or Fidelity Bloom Save accounts can participate in this offer by making a Qualifying Deposit by August 27, 2023. Existing Fidelity customers who have previously made deposits into their Fidelity Bloom Spend or Save accounts, including individuals who have already participated in the Bloom $50 offer, are not eligible for this offer.
So I guess if you had any kind of fidelity account, you need to deposit by 8/27.
Got CC from Fidelity (after I spent 1000, I get $150 bonus)....got 15000 rewards points...turns out, 15k points translate to $75 cash!!!!
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Got CC from Fidelity (after I spent 1000, I get $150 bonus)....got 15000 rewards points...turns out, 15k points translate to $75 cash!!!!
Got CC from Fidelity (after I spent 1000, I get $150 bonus)....got 15000 rewards points...turns out, 15k points translate to $75 cash!!!!
With Bloom Save, i can keep the money in SPAXX as a core account and trade directly.
Does anyone else use Fidelity for trading and how do you get around having a crummy 2.5% core account
I got the $5 and signed up pretty quickly.
Just got my debit card today. Transferred $300 to saving and $100 to spend.
Just do some auto push / pull ing and forgot those fractional amounts of interest
I got the $5 and signed up pretty quickly.
Just got my debit card today. Transferred $300 to saving and $100 to spend.
Been giving this some thought.
'how does the company make $ by doing this.'
What we know is that now we have at least 2, most of us 3 separate fidelity accounts now.
One uh, debit visa card from them.
hmm what else. we gave them $50 to use for awhile.
Are they gonna spin this into some sort of sd effect super duper worthwhile 'Investment of the year' thing?
Write off all those $100 deposits as advertising and show the world how many $50 they made in a week?
Some fancy behind the scenes math goin on here.
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