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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
204,361 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
204,361 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 2018
L1: Learner
> bubble2 21 Posts
14 Reputation
LovelySink6994
09-01-2023 at 10:29 AM.
09-01-2023 at 10:29 AM.
8/21: Opened account, two deposits: $250 and $50
8/21: Received $5 deposit
Nothing else Frown
1
Reply
Joined Sep 2003
Been Here Awhile
> bubble2 206 Posts
25 Reputation
z_n
09-01-2023 at 10:38 AM.
09-01-2023 at 10:38 AM.
My deposit cleared on AUG 22 - $300
Got the $5 also on AUG 22
Got the $100 AUG 31

Still waiting for the 10% deposit match.
Reply
Joined Jul 2006
L6: Expert
> bubble2 1,279 Posts
162 Reputation
kevolution
09-01-2023 at 10:41 AM.
09-01-2023 at 10:41 AM.
got the $100. got the $5 day after opening account. waiting for the 10% match
Reply
Joined Aug 2010
L4: Apprentice
> bubble2 370 Posts
52 Reputation
SaltonUnsalted
09-01-2023 at 10:56 AM.
09-01-2023 at 10:56 AM.
Initial $50 deposit on 8/19 and a 2nd $250 deposit on the following day. Received the $5 right away and the $100 in my account today. Like others, still waiting on the 10% match.
Reply
Joined Nov 2009
Lumbar Vertebrae
> bubble2 1,892 Posts
646 Reputation
JRJR
09-01-2023 at 11:39 AM.
09-01-2023 at 11:39 AM.
Quote :
Sept-1-2023 Rewards (Match) $30
Aug-31-2023 REINVESTMENT FIDELITY GOVERNMENT MONEY MARKET (SPAXX) (Cash) -$0.62
Aug-31-2023 DIVIDEND RECEIVED FIDELITY GOVERNMENT MONEY MARKET (SPAXX) (Cash) +$0.62
Aug-31-2023JOURNALED (Cash) +$100.00
Aug-22-2023 Electronic Funds Transfer Received (Cash) +$500.00
Aug-21-2023 JOURNALED Rewards (Bonus offers) (Cash) +$5.00
EDIT: Got the $30 now.
Reply
Last edited by JRJR September 2, 2023 at 08:59 AM.
Joined Sep 2008
L10: Grand Master
> bubble2 7,504 Posts
723 Reputation
DogAndPony
09-01-2023 at 11:43 AM.
09-01-2023 at 11:43 AM.
I deposited $300 August 21. I got the $5 on the same day, but nothing more yet.
1
Reply
Joined Nov 2017
L99: Deal Guru
> bubble2 1,073 Posts
264 Reputation
kdupuis77
09-01-2023 at 12:22 PM.
09-01-2023 at 12:22 PM.
Quote from kdupuis77 :
It's pretty much as I wrote above. So I downloaded the Fidelity Bloom app, signed into my existing Fidelity account through the app (or you can create a new account if needed). Then simply linked my checking account and transferred over $300 into the Bloom Save account I just opened and let it sit there. You'll get the $5 for opening your Bloom account in the app, the $100 for depositing at least $50 into your Bloom Savings account within 7 days and before the offer end date, and then the 10% bonus of your first $300 deposited (hence why I just put in $300 as it fulfills both requirements for the $100 and the 10% which is another $30 on top = $135 total!).
Just checked and my wife got her $100 as well! So that's $105 each for free so far and waiting on the final $30 for the 10% bonus on our initial $300 deposits. Pretty slick!
Reply

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Joined Oct 2014
L4: Apprentice
> bubble2 306 Posts
122 Reputation
newbeecouponer
09-01-2023 at 04:01 PM.
09-01-2023 at 04:01 PM.
Received the bonus match $30 today, so total $135 on $300 deposit.
Reply
Joined Mar 2005
EZ SD
> bubble2 872 Posts
QA
EZ_slickdealz | Staff
09-01-2023 at 04:03 PM.
09-01-2023 at 04:03 PM.
Quote from newbeecouponer :
Received the bonus match $30 today, so total $135 on $300 deposit.
My $30 is now pending as well. All done. Applause
Reply
Joined Feb 2005
Adicted to SD
> bubble2 2,714 Posts
980 Reputation
JSquare
09-01-2023 at 04:06 PM.
09-01-2023 at 04:06 PM.
Quote from newbeecouponer :
Received the bonus match $30 today, so total $135 on $300 deposit.
Same here. $135 + $0.50 on dividends and interests.
Reply
Joined Aug 2016
L4: Apprentice
> bubble2 306 Posts
82 Reputation
somighty
09-01-2023 at 04:13 PM.
09-01-2023 at 04:13 PM.
Got the $5 and the $30 but still waiting for the $100 ☹️
Reply
Joined Jun 2007
L3: Novice
> bubble2 134 Posts
10 Reputation
spriteuser
09-01-2023 at 04:16 PM.
09-01-2023 at 04:16 PM.
I got my $30 but not $100 yet
Reply
Joined Jul 2023
L2: Beginner
> bubble2 93 Posts
14 Reputation
WiseCrib548
09-01-2023 at 04:33 PM.
09-01-2023 at 04:33 PM.
Quote from somighty :
Got the $5 and the $30 but still waiting for the $100 ☹️

Same here

Edit: I did get it. It's in my Spend account. I was looking in Save.
Reply
Last edited by WiseCrib548 September 1, 2023 at 04:42 PM.
Joined Nov 2019
L3: Novice
> bubble2 115 Posts
149 Reputation
RaghavP511
09-01-2023 at 08:12 PM.
09-01-2023 at 08:12 PM.
Update:
Received $5 about 3 days after opening account, and now received $30 bonus for the 10% match on the 1st of the month. Still waiting on $100 bonus.
Reply

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Joined May 2020
L3: Novice
> bubble2 102 Posts
person1976
09-01-2023 at 08:51 PM.
09-01-2023 at 08:51 PM.
Why would some people who deposited on 8/21 not get the $100 bonus yet? Shouldn't it be an automatic process?
Reply
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