Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $50 and Earn
$100 Cash Reward
(New Bloom Customers only)
+313Deal Score
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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.
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.
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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.
Sign up for a Slickdeals account to remove this ad.
Yes.
01/22/2024 transferred in $300 to SAVE from outside fidelity source
02/02/2024 $30 Rewards Match credited.
👍
my understanding is they check for deposits at the end of the month and you get the reward within a few days of the new month. so make sure your transfer credits before end of February (I'd give it several days or a week buffer to be sure) and first few days I to March you'll likely see the reward credit
Thanks! I just checked mine as well, and it finally posted. I did direct transfer from another Fidelity account on 01/03/24 and just got the bonus again. See you guys next year!
Does anyone know if we can withdraw the $100/$150 from the checking offer from last September? I know we had to keep it for 90 days or something like that (this is from the other thread/fidelity deal I can't look up)
Does anyone know if we can withdraw the $100/$150 from the checking offer from last September? I know we had to keep it for 90 days or something like that (this is from the other thread/fidelity deal I can't look up)
I took mine out the day after the required holding period last fall and was good to go. Just dumped it across into a Fidelity investment account. Free money!
Are they still offering $100 bonus on new accounts?
Are there still any bonuses for opening a Roth IRA account? I called and they said that ended 12/31/23
Are they still offering $100 bonus on new accounts?
Are there still any bonuses for opening a Roth IRA account? I called and they said that ended 12/31/23
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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.
Sign up for a Slickdeals account to remove this ad.
Yes,that was three or four months ago 😂
You can do it 1x annually. Happy 2024, do it again.
01/22/2024 transferred in $300 to SAVE from outside fidelity source
02/02/2024 $30 Rewards Match credited.
👍
my understanding is they check for deposits at the end of the month and you get the reward within a few days of the new month. so make sure your transfer credits before end of February (I'd give it several days or a week buffer to be sure) and first few days I to March you'll likely see the reward credit
Thanks! I just checked mine as well, and it finally posted. I did direct transfer from another Fidelity account on 01/03/24 and just got the bonus again. See you guys next year!
Wow, that is cool. Thanks for the information
Did you have any luck with this? I'm going to attempt to get a second one since it's 2024.
The app keeps prompting me to.
Sign up for a Slickdeals account to remove this ad.
Are there still any bonuses for opening a Roth IRA account? I called and they said that ended 12/31/23
Are there still any bonuses for opening a Roth IRA account? I called and they said that ended 12/31/23
I think there are currently [fidelity.com] no special offers [fidelity.com] If you have a loooooot money to deposit it would probably be possible to get something.