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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
203,158 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.

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
203,158 Views
$100 Cash Reward
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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 Aug 2011
L5: Journeyman
> bubble2 543 Posts
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BlackMags310
08-30-2023 at 05:49 AM.
08-30-2023 at 05:49 AM.
Received the $100 bonus this morning. Now to see if the 10% bonus comes through after the first of the month
Reply
Joined Dec 2009
L6: Expert
> bubble2 1,282 Posts
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NickelAndDime007
08-30-2023 at 05:51 AM.

Our community has rated this post as helpful. If you agree, why not thank NickelAndDime007

08-30-2023 at 05:51 AM.
Quote from BlackMags310 :
Received the $100 bonus this morning. Now to see if the 10% bonus comes through after the first of the month
Opened 2 weeks ago, got the $100 bonus today
1
Reply
Joined Dec 2014
L3: Novice
> bubble2 192 Posts
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AviS1359
08-30-2023 at 10:12 AM.
08-30-2023 at 10:12 AM.
Does anybody know if there is a minimum purchase amount for the 10 cents per swipe reward on the debit card? Could you feasibly be getting 10% cash back on a $1 purchase? Or 20% on a $.50 purchase?
Reply
Joined May 2008
L7: Teacher
> bubble2 2,998 Posts
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calisoldier83
08-30-2023 at 10:26 AM.
08-30-2023 at 10:26 AM.
Can you do both this bonus and the FIDELITY100 bonus with a new CMA account?
Reply
Joined Oct 2006
L5: Journeyman
> bubble2 760 Posts
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Pickngrin
08-30-2023 at 01:13 PM.
08-30-2023 at 01:13 PM.
This is strange. I opened the two accounts last week and funded the Save account. The $5 bonus showed. I just went to log into the app, and it is asking me all of the initial account setup questions and then indicated that I need to call customer service. I just called and am now in the queue for them to call me back. My Bloom and Save accounts are no longer showing in my main Fidelity account, either. Has anyone else experienced this?

Update: They just called me back. There is a system-wide outage they are working on right now.
Reply
Last edited by Pickngrin August 30, 2023 at 01:16 PM.
Joined Nov 2005
L3: Novice
> bubble2 105 Posts
24 Reputation
alarson83
08-30-2023 at 01:17 PM.
08-30-2023 at 01:17 PM.
They must be having an issue, nothing pulls up for me in fidelity right now either. I see a bunch of reports of people having issues with fidelity in general (not just bloom) when i search twitter
Reply
Joined Jul 2007
L10: Grand Master
> bubble2 10,104 Posts
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jplee3
08-30-2023 at 01:22 PM.
08-30-2023 at 01:22 PM.
Dangit... can't believe I missed this Frown
Reply

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Joined Nov 2005
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alarson83
08-30-2023 at 01:25 PM.

Our community has rated this post as helpful. If you agree, why not thank alarson83

08-30-2023 at 01:25 PM.
Quote from jplee3 :
Dangit... can't believe I missed this Frown
Fidelity is still advertising this deal as of today
1
Reply
Joined Jul 2007
L10: Grand Master
> bubble2 10,104 Posts
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jplee3
08-30-2023 at 01:37 PM.
08-30-2023 at 01:37 PM.
Quote from alarson83 :
Fidelity is still advertising this deal as of today
What about the 10% on $300 deposit?
Reply
Joined Apr 2019
L2: Beginner
> bubble2 64 Posts
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Saoshin
08-30-2023 at 03:24 PM.
08-30-2023 at 03:24 PM.
Just opened today. Is the $50 deposit for $100 cash reward still live?
Reply
Joined Jul 2022
L2: Beginner
> bubble2 30 Posts
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Ndgt10
08-30-2023 at 03:47 PM.
08-30-2023 at 03:47 PM.
I have yet to get my 100 bonus 7 business days after funding.
Reply
Joined Aug 2004
...
> bubble2 9,765 Posts
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JaTaN
08-30-2023 at 05:16 PM.
08-30-2023 at 05:16 PM.
8/16 Signed up for Bloom (existing Fidelity customer w/ other accounts)
8/16 Transferred $300 from Ally to Save account (using Fidelity transfer page)
8/17 $5 bonus
8/30 $100 bonus

Waiting for $30 savings match in early Sept -- family member did the same and also got $105 so far (no household limit)
Reply
Last edited by JaTaN August 30, 2023 at 05:22 PM.
Joined Jun 2019
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> bubble2 2,119 Posts
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Fanime
08-30-2023 at 05:17 PM.
08-30-2023 at 05:17 PM.
Quote from Ndgt10 :
I have yet to get my 100 bonus 7 business days after funding.
That's because it takes 15 days for the bonus to post.
Reply
Joined Jun 2019
L2: Beginner
> bubble2 2,119 Posts
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Fanime
08-30-2023 at 05:18 PM.
08-30-2023 at 05:18 PM.
Quote from Saoshin :
Just opened today. Is the $50 deposit for $100 cash reward still live?
yes....
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Joined Jun 2019
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Fanime
08-30-2023 at 05:18 PM.
08-30-2023 at 05:18 PM.
Quote from jplee3 :
What about the 10% on $300 deposit?
yes

Get a 10% annual savings match7 from Fidelity® on up to $300 of deposits to your Save account.​
Reply
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