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Fidelity Bloom App: Open New Bloom Spend and Save Accounts, Deposit $50 and Earn
$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
Editor's Notes & Price Research
Written by
- Offer is limited to one cash reward per individual.
- Offer is open to new Fidelity Bloom customers. Those who have made deposits already are not eligible for this offer.
- Review the offer page for the complete terms and conditions.
- More information about this account can be found here.
- Additional Account Benefits include:
- Receive a 10% match from Fidelity—on your first $300 of deposits into your Fidelity Bloom Save account.
- Earn a 10-cent reward into your Fidelity Bloom Save account every time you use your Fidelity Bloom debit card.
- Receive cash back when you shop in-app with 1,100+ participating retailers.
- See the forum thread for deal discussion and ideas.
- Existing Bloom customers are no longer eligible:
- Existing customers who have not made an deposit into their Bloom Spend or Save accounts may must make their qualifying deposit by August 27th, 2023.
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
Created 08-18-2023
at 02:03 PM
by hashir
in
Finance
(5)
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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.
Our community has rated this post as helpful. If you agree, why not thank sarcasmogratis
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
Technically opening 2 accounts. A debit & a brokerage account for them to invest your savings.
Anyone seeing fees?
looks like even better than OP claimed:
+$5 just for signing up
+$100 if you fund $50
+$30 (10% match bonus on up to $300 deposit)
so if you park $300 in this for a while you'll get $135 on bonuses
Our community has rated this post as helpful. If you agree, why not thank pur | Staff
Technically opening 2 accounts. A debit & a brokerage account for them to invest your savings.
Anyone seeing fees?
looks like even better than OP claimed:
+$5 just for signing up
+$100 if you fund $50
+$30 (10% match bonus on up to $300 deposit)
so if you park $300 in this for a while you'll get $135 on bonuses
What's a while?
Sign up for a Slickdeals account to remove this ad.
Deposited $600 through the app, but didn't see any confirmation for the $100 for funding $50 or the 10% match bonus on up to $300 either in the app or an email.
Did anyone get confirmations for these bonuses?
Technically opening 2 accounts. A debit & a brokerage account for them to invest your savings.
Anyone seeing fees?
looks like even better than OP claimed:
+$5 just for signing up
+$100 if you fund $50
+$30 (10% match bonus on up to $300 deposit)
so if you park $300 in this for a while you'll get $135 on bonuses
From their FAQ " if your Save balance includes $300 in eligible deposits on July 31, you'll receive the maximum reward payout for that calendar year in early August."
I understand this as you really only need to park $300 for abit over a month every year for the $30
For the $100 it says within 10 days after qualification period and the qualification period is 7 days so within 7- 17 days from sign up according to T&C.