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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
204,706 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
204,706 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 Oct 2006
L5: Journeyman
> bubble2 767 Posts
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Pickngrin
09-06-2023 at 01:49 PM.
09-06-2023 at 01:49 PM.
Received my $100 today Thanks again, OP.
Reply
Joined Jul 2004
L8: Grand Teacher
> bubble2 3,008 Posts
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DiMAn0684
09-06-2023 at 01:54 PM.
09-06-2023 at 01:54 PM.
Easy $135 in bonuses, TY.
Reply
Joined May 2008
L7: Teacher
> bubble2 2,840 Posts
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ListedGuru
09-06-2023 at 02:02 PM.
09-06-2023 at 02:02 PM.
So is this still going on? If so, I might just jump on this bandwagonSmilie
Reply
Joined Jan 2007
L5: Journeyman
> bubble2 752 Posts
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wfg97079
09-06-2023 at 04:03 PM.
09-06-2023 at 04:03 PM.
Quote from Pickngrin :
Received my $100 today Thanks again, OP.
When did you open it?
Reply
Joined May 2010
L5: Journeyman
> bubble2 865 Posts
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bikerbandito
09-06-2023 at 07:04 PM.
09-06-2023 at 07:04 PM.
Received the 10% match but haven't received the $100 yet. Strange.
1
Reply
Joined Dec 2004
Boston Strong moderator
> bubble2 15,242 Posts
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Global Mod
acesmuzic | Staff
09-06-2023 at 07:44 PM.
09-06-2023 at 07:44 PM.
Quote from ListedGuru :
So is this still going on? If so, I might just jump on this bandwagonSmilie
yes, but only for new bloom customers at this point, it looks like
Reply
Joined Aug 2010
L2: Beginner
> bubble2 78 Posts
54 Reputation
grenademasta
09-06-2023 at 08:12 PM.
09-06-2023 at 08:12 PM.
I just checked my account and now have $160.06 in my Fidelity Bloom Save account! I had an older account with Fidelity that I closed about 1-2 years ago prior to doing this offer. In fact I didn't have to verify the deposit they make into your checking to link the account. It recognized my bank from the previous account I had with Fidelity.

Aug 21 created an account and got $5
Aug 23 $50 ACH transfer from my bank arrived at Fidelity
Aug 31 .06 interest earned
Sept 1 $5 Reward (Match)
Sept 5 $100 JOURNALED (Cash)

Total as of Sept 6 $160.06. That is a free $110.06 from my $50 transferred in.
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Joined Jan 2018
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> bubble2 671 Posts
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RelaxedTerrier9903
09-06-2023 at 10:40 PM.
09-06-2023 at 10:40 PM.
Can confirm. I put 50 dollars on my Fidelity account on the 25th of August. Ended up with $160.03 today. Free $110.03!
Reply
Joined Jan 2018
L5: Journeyman
> bubble2 671 Posts
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RelaxedTerrier9903
09-06-2023 at 10:42 PM.
09-06-2023 at 10:42 PM.
Quote from FHRITP :
It's incredible the lengths people will go to for a couple bucks.
Do you know what website you're on? And it isn't a "couple bucks", it's 110 dollars for just transferring money to an account for a few weeks.
Reply
Joined Oct 2011
L3: Novice
> bubble2 247 Posts
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BraVe_HeArT
09-07-2023 at 08:56 AM.
09-07-2023 at 08:56 AM.
Delete
Reply
Last edited by BraVe_HeArT September 7, 2023 at 09:32 AM.
Joined Oct 2006
L5: Journeyman
> bubble2 767 Posts
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Pickngrin
09-07-2023 at 09:12 AM.
09-07-2023 at 09:12 AM.
Quote from RelaxedTerrier9903 :
Do you know what website you're on? And it isn't a "couple bucks", it's 110 dollars for just transferring money to an account for a few weeks.
LMAO
Reply
Joined Oct 2006
L5: Journeyman
> bubble2 767 Posts
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Pickngrin
09-07-2023 at 09:14 AM.
09-07-2023 at 09:14 AM.
Quote from wfg97079 :
When did you open it?
Aug. 25.
Reply
Joined Sep 2005
L6: Expert
> bubble2 1,673 Posts
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asianman35
09-07-2023 at 09:49 AM.
09-07-2023 at 09:49 AM.
After I get my bonus, am I free to transfer the money out and then close the accounts?
Reply
Joined Sep 2008
L10: Grand Master
> bubble2 7,504 Posts
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DogAndPony
09-07-2023 at 10:00 AM.
09-07-2023 at 10:00 AM.
I opened this I believe on the first day this was posted here and still haven't gotten my $100. I'll wait the full 25 days, but might not even both calling or emailing. Still got the $30 match and that's pretty good for very little work.
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Joined Dec 2010
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> bubble2 9,480 Posts
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yangzi
09-07-2023 at 11:58 AM.
09-07-2023 at 11:58 AM.
Quote from DogAndPony :
I opened this I believe on the first day this was posted here and still haven't gotten my $100. I'll wait the full 25 days, but might not even both calling or emailing. Still got the $30 match and that's pretty good for very little work.
I opened Fidelity Bloom account and funded the same day (8/24). Deposited $300 and received $100 bonus yesterday. ($30 bonus for 10% bonus came sooner than $100 bonus.)
Reply
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