Fidelity New Account Bonus Updates
Update on December 14, 2022 – Fidelity New Account Bonus has now been reduced to $100. The $150 that was offered for holiday period has expired. Promo Code “Fidelity150″ is no longer valid and you should use promo code”Fidelity100”.
Update on November 17, 2022 – Fidelity New Account Bonus has been increased to $150 with same requirements. You should use the new promo code “Fidelity150”.
Fidelity Brokerage Account
Fidelity is offering $100 bonus when you open a new brokerage account and fund it with $50.
Fidelity generally do not offer sign up bonus and it is a good bonus for depositing only $50 (one of the lowest funding requirement). Fidelity had run the same promotions few months back. You must apply promo code “FIDELITY100” to be eligible for this offer.
This offer is valid for new or existing Fidelity Brokerage Services LLC (“Fidelity’) customers and have not otherwise previously taken advantage of Fidelity’s $50 for $100/$150 cash offer. Offer is limited to one bonus award per individual. If you are an existing customer, you can still take advantage of this offer by opening another eligible account. For example, if you have the Fidelity Account®, you can open the Fidelity® Cash Management Account using the link and promo code, deposit $50 and get the $100 bonus.
Brokerage Accounts that are eligible for the bonus:
- Starter Pack (The Fidelity Account® + Fidelity® Cash Management Account)
- The Fidelity Account®
- Fidelity® Cash Management Account
- Roth IRA
- Traditional IRA
Key Benefits of Fidelity Brokerage Account:
- $0 commissions for online US stock, ETF, and option trades
- No annual account fee
- Competitive margin rates
- Advanced trading platform and tools for active traders
Fidelity Brokerage Account Bonus Summary
Account Bonus – $100
Funding Requirement – $50
Offer Expiry – No Mention
Promo Code – “FIDELITY100” (Required while opening the account)
Inactivity Fees – None
Fidelity Bonus Requirements
- Open a new Fidelity Brokerage account within the promotional period with the promo code “FIDELITY100”.
- Fund the account with either $50 within 15 days of registering the account.
- Bonus will post approximately after 10 calendar days after the qualification period.
Inactivity Fee | How to Avoid It?
- There is no inactivity fees.
Early Termination Fees
There is no early termination fees. The bonus $100 dollars has to stay in the account for 90 days.
The Fine Print
This offer is valid for new or existing Fidelity Brokerage Services LLC (“Fidelity’) customers who open through the following link https://www.fidelity.com/go/starter-pack and fund a new, eligible Fidelity account with a minimum of $50 on or after 11/17/2022 and have not otherwise previously taken advantage of Fidelity’s $50 for $100/$150 cash offer. Offer is limited to one bonus award per individual.
Fidelity reserves the right to modify these terms and conditions or terminate this offer at any time. Other terms and conditions, or eligibility criteria, may apply.
In order to receive the $100 bonus award, users must complete the following:
- Register for the offer by opening a new, eligible Fidelity account on or after 11/17/2022. The eligible account must be opened through the offer link. Each eligible account has unique features which you should consider prior to opening. This offer does not constitute a recommendation by Fidelity as to which, if any, account is appropriate for your personal situation.
- Use the offer code Fidelity100 to register for the offer.
- Fund the account with a minimum of $50 (“Net Deposit”) from an external, non-Fidelity source.
- The Net Deposit at the end of the 15 calendar days after account opening (“the qualification period”) must be at least $50.
For purposes of this offer, “Net Deposits” shall mean total external deposits or transfers (including cash, eligible securities and/or margin debit balance transfers) minus assets withdrawn or transferred out of the accounts within the qualification period.
As a confirmation of your registration, an email will be sent to the email address you provided during the account opening process after the eligible account has been established in good order.
Eligible accounts include The Fidelity Starter PackSM (bundled offering including both The Fidelity® Account and the Fidelity® Cash Management Account), The Fidelity Account®, Fidelity® Cash Management Account, Fidelity Roth IRA, or a Fidelity Traditional IRA. No other accounts are eligible for this offer.
For individuals who open a Roth or Traditional IRA account, in order to be eligible to contribute to the IRA (Traditional or Roth) you will need to have earned income at least equal to any IRA contribution made for the tax year you apply your IRA contribution to. Individuals who max out their contribution for the calendar year are also not eligible for the bonus award. If an individual has no earned income, they will not be eligible to make contributions to the Roth or Traditional IRA and as a result not eligible for the bonus award.
Account holders must maintain the bonus award (minus any losses related to trading or market volatility, or margin debit balances) in the account for at least 90 days from the date on which the bonus award is credited to the account. Fidelity may charge accounts that fail to comply with this requirement the cost of the bonus award.
The bonus award will be deposited directly to the eligible account within 10 calendar days after the qualification period. If you register for the offer by opening Fidelity Starter PackSM, the funding requirement ($50) may be met by funding in either account individually or aggregating across both accounts to meet the minimum requirement and the bonus reward will be deposited directly into the Cash Management Account regardless of which account was funded. Amounts deposited by you to qualify for the offer and by Fidelity in the form of the bonus award will be initially held in the eligible account’s core position. You will be provided information regarding the available core positions for the account type you select during the account opening process. Depending on the account type you select, you may have the option of selecting a money-market fund sponsored by a Fidelity affiliate as your core position. No further investment or trading is required to qualify for the offer.
Fidelity new account bonus of $100 is an excellent bonus and one of the best brokerage bonus. The requirements of depositing $50 is one of the easiest requirement to qualify for. Highly recommended.