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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
203,119 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
203,119 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 Nov 2006
L5: Journeyman
> bubble2 822 Posts
207 Reputation
slickdeal_cat
09-21-2023 at 08:35 AM.
09-21-2023 at 08:35 AM.
Funded 8/21, finally got it after sending a secure message
Reply
Joined Jun 2012
L6: Expert
> bubble2 1,669 Posts
153 Reputation
Firebird72
09-21-2023 at 10:15 AM.
09-21-2023 at 10:15 AM.
Quote from slickdeal_cat :
Funded 8/21, finally got it after sending a secure message
How did you send a secure message, from the app?
Edit: Did not find it on the app. I used my computer:
https://www.fidelity.com/customer...contact-us
Scroll down to bottom to: Send a secure message
Reply
Last edited by Firebird72 September 21, 2023 at 11:31 AM.
Joined Sep 2023
New User
> bubble2 9 Posts
10 Reputation
mightbegenius
09-21-2023 at 11:55 AM.
09-21-2023 at 11:55 AM.
I funded my $50 over 30 days ago. Currently on the phone and they try to sell you more products after you tell them you need to get the $100 promo credited. When you tell them you don't want to be sold, you want the $100 you were supposed to get, they get an attitude, come back on the phone and tell you "they'll look into it". That's right, it's not even "you'll get it in a few days" anymore. It's "we'll look into it", while trying to sell you more products.

I'm withdrawing every cent I have with Fidelity and never trusting this company again.
1
Reply
Joined Sep 2014
L3: Novice
> bubble2 1,137 Posts
319 Reputation
oneweak7words
09-21-2023 at 12:18 PM.
09-21-2023 at 12:18 PM.
Quote from PBSGT :
8/21 - EFT
8/21 - $5 Promotion
9/01 - Match Received
9/05 - Transferred in more money
9/17 - Still haven't gotten my $100

-

My mom, who did this at the same time as me got her $100 ~2 weeks ago.

-

Called Fidelity today, they said it's up to 30 days after funding the account so I should have it by the 19th.

The correct department to talk to is called ISR, their direct number if you don't want to get transferred from somewhere else is 800-544-5315.
Quote from Firebird72 :
It's the 19th, did you get the bonus?
Indeed, would love to know if funds actually landed on the 19th.
A CSR promising 30 days when original terms & conditions stated 10 days sounds to me like a CSR that just doesn't want to deal with it.
Reply
Joined May 2020
L3: Novice
> bubble2 102 Posts
person1976
09-21-2023 at 02:57 PM.
09-21-2023 at 02:57 PM.
Quote from mightbegenius :
That's right, it's not even "you'll get it in a few days" anymore. It's "we'll look into it", while trying to sell you more products.
If the phone call doesn't work, try contacting support through the chat window.

https://www.fidelity.com/customer...contact-us

It looks like there could be better success through here.
Reply
Last edited by person1976 September 21, 2023 at 03:00 PM.
Joined Jun 2012
L6: Expert
> bubble2 1,669 Posts
153 Reputation
Firebird72
09-21-2023 at 04:25 PM.
09-21-2023 at 04:25 PM.
Quote from person1976 :
If the phone call doesn't work, try contacting support through the chat window.

https://www.fidelity.com/customer...contact-us

It looks like there could be better success through here.
Tried chats multiple times, they say call 1-800-343-3548.
1
Reply
Joined Sep 2015
L4: Apprentice
> bubble2 444 Posts
859 Reputation
NICEElife
09-21-2023 at 10:08 PM.
09-21-2023 at 10:08 PM.
Dumb question: How do I withdraw from the savings account? I don't an option.
Reply

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Joined May 2013
L2: Beginner
> bubble2 96 Posts
18 Reputation
garlicbreadtilimdead
09-22-2023 at 07:07 AM.
09-22-2023 at 07:07 AM.
Quote from NICEElife :
Dumb question: How do I withdraw from the savings account? I don't an option.

You do it the same way for either account. Click on the bottom middle button, the icon with a dollar sign. You can select which account you want to move money from and the destination. Hope that helps!
Reply
Joined Jan 2007
L10: Grand Master
> bubble2 28,289 Posts
2,718 Reputation
cgigate
09-22-2023 at 08:48 AM.
09-22-2023 at 08:48 AM.
Quote from NICEElife :
Dumb question: How do I withdraw from the savings account? I don't an option.

You got a debit card, so you can withdraw money from wide range of ATM, or transfer to another bank
Reply
Joined Jan 2007
L10: Grand Master
> bubble2 28,289 Posts
2,718 Reputation
cgigate
09-23-2023 at 08:13 AM.
09-23-2023 at 08:13 AM.
Quote from mightbegenius :
I funded my $50 over 30 days ago. Currently on the phone and they try to sell you more products after you tell them you need to get the $100 promo credited. When you tell them you don't want to be sold, you want the $100 you were supposed to get, they get an attitude, come back on the phone and tell you "they'll look into it". That's right, it's not even "you'll get it in a few days" anymore. It's "we'll look into it", while trying to sell you more products.

I'm withdrawing every cent I have with Fidelity and never trusting this company again.

Never received call from Fidelity for selling other products.
Openned three Bloom accounts (family members) , all received $100 on day 10. No need to call them.
Reply
Joined Jun 2012
L6: Expert
> bubble2 1,669 Posts
153 Reputation
Firebird72
09-23-2023 at 08:52 AM.
09-23-2023 at 08:52 AM.
Quote from cgigate :
Never received call from Fidelity for selling other products.
Openned three Bloom accounts (family members) , all received $100 on day 10. No need to call them.
Good for you, others need to call.
Reply
Joined Sep 2012
L6: Expert
> bubble2 1,486 Posts
456 Reputation
hindolam
09-24-2023 at 06:00 AM.
09-24-2023 at 06:00 AM.
Same here. Have not been able to receive $100 even after call and chat. Got the $30 match and $5 bonus though.
Update: Just checked and see $100 posted as of Sep 21
Reply
Last edited by hindolam September 24, 2023 at 07:25 AM.
Joined May 2020
L3: Novice
> bubble2 102 Posts
person1976
09-24-2023 at 08:30 AM.
09-24-2023 at 08:30 AM.
They should give an extra $40 to those who have waited 30+ days. It doesn't make sense to reward some people after 10 days and then 30 days for others.

It sounds like people are slowly getting their $100 bonus here and there after contacting them.
1
Reply
Joined Nov 2015
L7: Teacher
> bubble2 2,642 Posts
330 Reputation
Dxcellent
09-24-2023 at 02:42 PM.
09-24-2023 at 02:42 PM.
Quote from cgigate :
Never received call from Fidelity for selling other products.
Openned three Bloom accounts (family members) , all received $100 on day 10. No need to call them.

Same here.. took 10 days. Got the $100 and the $5 bonus.
Reply

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Joined Jun 2012
L6: Expert
> bubble2 1,669 Posts
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Firebird72
09-25-2023 at 11:38 AM.
09-25-2023 at 11:38 AM.
Quote from slickdeal_cat :
Funded 8/21, finally got it after sending a secure message
How long after you sent the secure message did you get the $100 bonus?
Reply
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