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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
204,647 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
204,647 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 Sep 2008
L10: Grand Master
> bubble2 7,504 Posts
723 Reputation
DogAndPony
09-07-2023 at 12:05 PM.
09-07-2023 at 12:05 PM.
Quote from yangzi :
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.)

I'm wondering if I'm not eligible if I did the promo with opening a brokerage account with them earlier this year. Think I might have gotten $100 from that promotion, but can't remember.
Reply
Joined Jul 2006
L6: Expert
> bubble2 1,279 Posts
162 Reputation
kevolution
09-07-2023 at 12:08 PM.
09-07-2023 at 12:08 PM.
Quote from asianman35 :
After I get my bonus, am I free to transfer the money out and then close the accounts?
Shouldn't be a problem that's what I did
Reply
Joined Dec 2010
L9: Master
> bubble2 9,480 Posts
1,839 Reputation
yangzi
09-07-2023 at 12:14 PM.
09-07-2023 at 12:14 PM.
Quote from DogAndPony :
I'm wondering if I'm not eligible if I did the promo with opening a brokerage account with them earlier this year. Think I might have gotten $100 from that promotion, but can't remember.
I opened Fidelity account with $100 bouns last Black Friday. Still, I recieved $100 bonus from opening Fidelity Bloom account this time, so I would think you would be eligible for $100 bonus from opening Fidelity Bloom account.
Reply
Joined Mar 2016
L5: Journeyman
> bubble2 584 Posts
51 Reputation
Bazoogamoosh
09-07-2023 at 03:06 PM.
09-07-2023 at 03:06 PM.
$100 verified, now to spend it on a GoPro or DJI...
Reply
Joined Jun 2019
L2: Beginner
> bubble2 36 Posts
10 Reputation
F1946
09-07-2023 at 03:34 PM.
09-07-2023 at 03:34 PM.
I probably already read through this but have people taken the amount they receive as soon they get it? I took the $5 and $30 out that I got and then I took $250 to leave $50 on my save account. I still have yet to get the $100. Has anyone done this and got the $100?
Reply
Joined Sep 2018
New User
> bubble2 18 Posts
10 Reputation
SeymourB
09-07-2023 at 04:02 PM.
09-07-2023 at 04:02 PM.
8/21 $301 received
8/21 $5 journaled bonus
9/01 $30 rewards match
9/07 Still no bonus
Reply
Joined Aug 2004
...
> bubble2 9,816 Posts
5,138 Reputation
JaTaN
09-07-2023 at 04:10 PM.
09-07-2023 at 04:10 PM.
Quote from SeymourB :
8/21 $301 received
8/21 $5 journaled bonus
9/01 $30 rewards match
9/07 Still no bonus
How did you fund the $301?
Reply

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Joined Aug 2006
L2: Beginner
> bubble2 66 Posts
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leafergreen
09-07-2023 at 04:21 PM.

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

09-07-2023 at 04:21 PM.
Quote from SeymourB :
8/21 $301 received
8/21 $5 journaled bonus
9/01 $30 rewards match
9/07 Still no bonus
I have the same timeline as you, and also did not receive the bonus. I chatted with a representative through the app today, and they were able to manually apply the $100 bonus to my account.
1
Reply
Joined Sep 2018
New User
> bubble2 18 Posts
10 Reputation
SeymourB
09-07-2023 at 04:34 PM.
09-07-2023 at 04:34 PM.
Quote from JaTaN :
How did you fund the $301?
pulled to Fidelity from Ally
Reply
Last edited by SeymourB September 7, 2023 at 04:39 PM.
Joined Dec 2010
L9: Master
> bubble2 9,480 Posts
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yangzi
09-07-2023 at 05:01 PM.
09-07-2023 at 05:01 PM.
Quote from F1946 :
I probably already read through this but have people taken the amount they receive as soon they get it? I took the $5 and $30 out that I got and then I took $250 to leave $50 on my save account. I still have yet to get the $100. Has anyone done this and got the $100?

When did you open and fund the account? I opened and funded $300 to Bloom account on 8/24 and received $100 bonus yesterday. I didn't do stuff you did, though. Today, I withdrew $300 to my bank account and transfered $135 (for total bonuses I received from opening Bloom account) to Fidelity account to buy some stocks.
Reply
Joined Jun 2019
L2: Beginner
> bubble2 36 Posts
10 Reputation
F1946
09-07-2023 at 05:04 PM.
09-07-2023 at 05:04 PM.
Quote from yangzi :
When did you open and fund the account? I opened and funded $300 to Bloom account on 8/24 and received $100 bonus yesterday. I didn't do stuff you did, though. Today, I withdrew $300 to my bank account and transfered $135 (for total bonuses I received from opening Bloom account) to Fidelity account to buy some stocks.

I got my account made on 8/26.
Reply
Joined Dec 2010
L9: Master
> bubble2 9,480 Posts
1,839 Reputation
yangzi
09-07-2023 at 05:27 PM.
09-07-2023 at 05:27 PM.
Quote from F1946 :
I got my account made on 8/26.

I would wait until next Monday or so to get the $100 bonus. If not, then I would contact customer service like someone did.
Reply
Joined May 2020
L2: Beginner
> bubble2 46 Posts
174 Reputation
FabulousCrayon3824
09-07-2023 at 06:44 PM.
09-07-2023 at 06:44 PM.
Quote from F1946 :
I probably already read through this but have people taken the amount they receive as soon they get it? I took the $5 and $30 out that I got and then I took $250 to leave $50 on my save account. I still have yet to get the $100. Has anyone done this and got the $100?
I did the same 8/24 and got the $100 on 9/7. So $135!
Reply
Last edited by FabulousCrayon3824 September 8, 2023 at 06:14 AM.
Joined Jun 2019
L2: Beginner
> bubble2 36 Posts
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F1946
09-07-2023 at 07:28 PM.
09-07-2023 at 07:28 PM.
Quote from FabulousCrayon3824 :
I did the same 8/24 and got it. So $135!

When did you receive your $100?
Reply

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Joined May 2020
L3: Novice
> bubble2 102 Posts
person1976
09-08-2023 at 06:54 AM.
09-08-2023 at 06:54 AM.
Quote from leafergreen :
I chatted with a representative through the app today, and they were able to manually apply the $100 bonus to my account.
I deposited on 8/21, and the representative in the app said that I qualified for the $100, but it could take up to 60 calendar days to receive the bonus. He did not manually add it for me.
Reply
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