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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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Copy/paste:
digital.fidelity.com/ftgw/digital/bank-information/
Got it all worked out online and finalized in the app. Thanks.
https://fundresearch.fi
Does the debit card withdraw from the Save account if the Spend account has $0?
I can confirm that it did give $.10 back on a $1 Google Play in-app purchase.
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At this point, would I need to deposit another $250 to get the full $300 match? Or would I just need to deposit $145?
From the FAQ it doesn't seem like the rewards count as deposits, but it'd be nice to get some clarification since the support center isn't picking up.
At this point, would I need to deposit another $250 to get the full $300 match? Or would I just need to deposit $145?
From the FAQ it doesn't seem like the rewards count as deposits, but it'd be nice to get some clarification since the support center isn't picking up.
$250. You are correct, the rewards don't count.
8/22 ACH transfer posted ($300)
8/31 $100 bonus posted
9/01 $30 match bonus posted
8/22 ACH transfer posted ($300)
8/31 $100 bonus posted
9/01 $30 match bonus posted
Easy $135.
SAVE is based on ticker SPAXX and the rate fluctuates.
For the performance:
https://fundresearch.fi
YTD is 3.06%
7 Day Avg 4.98%
Does the debit card withdraw from the Save account if the Spend account has $0?
Easy $135.
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https://fundresearch.fi
Edit: I see 4.98