Fidelity Bloom brings together a unique combination of rewards in one place and makes the rewards easy to earn. Key features of the app are designed to reinforce positive behaviors right away with automatic rewards. As an added bonus to get started, for a limited time, new customers who open accounts in the Fidelity Bloom app and fund it with $25 will receive $50 in their Fidelity Bloom Save account, with exclusive opportunities to earn more:
Fidelity Bloom Spend & Save Accounts: Fidelity Bloom automatically separates spending and saving to help reduce the temptation to spend money meant for savings. Both are brokerage accounts and can be easily opened right from the app.
Save Automatically and Earn Rewards: saving is easy – and automatic.
Annual savings match—Customers receive an annual 5% match on the first $300 into their Fidelity Bloom Save account and, for a limited time new customers will receive a 10% match3 through the end of 2022.
Earn 10 cents from Fidelity with every purchase—Fidelity will automatically deposit 10 cents into the Fidelity Bloom Save account every time customers use the Fidelity Bloom debit card.
Receive up to 25%4 cash back—deposited into the Fidelity Bloom Save account when customers shop through the app with 1,100+ participating retailers.
Round up purchases—Customers can automatically round up5 purchases to the nearest dollar and have the difference moved to savings from their Fidelity Bloom Spend to their Fidelity Bloom Save account.
https://www.fidelity.com/mobile/bloom
Fidelity Bloom $50 Offer Terms and Conditions:
Fidelity Bloom $50 Offer Terms and Conditions: This offer is valid for new or existing Fidelity Brokerage Services LLC ("Fidelity") customers who open a new Fidelity Bloom Spend account and Fidelity Bloom Save account on or after 6/13/2022 in the Fidelity Bloom app and fund with a minimum of $25. Offer is limited to one cash 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.
To receive the $50 cash award, the following must occur:
You register for the offer by opening the Fidelity Bloom Spend and Fidelity Bloom Save accounts and make an initial deposit in either account (your "initial funding date") on or after 06/13/2022. The Fidelity Bloom accounts must be opened within the Fidelity Bloom app.
The Net Deposit at the end of the 7 calendar days after the initial funding date ("the qualification period") must be at least $25.
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.
The only eligible accounts for this offer are the Fidelity Bloom Spend account and the Fidelity Bloom Save account. Both accounts are opened for Fidelity Bloom customers. 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.
The cash award will be deposited directly to the Fidelity Bloom Save account within 10 calendar days after the qualification period. Amounts deposited by Fidelity in the form of the cash 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. You 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.
You could lose money by investing in a money market fund. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Before opening an account and selecting a money market fund as your core position, read the money market fund's prospectus for policies specific to that fund. A copy of this prospectus will be made available to you during the account opening process.
This offer is nontransferable and limited to $50 per individual.
This offer is not valid for non-U.S. residents; persons employed by FINRA or a securities organization in a regulatory capacity; employees of Fidelity, its affiliates, and members of their immediate families and households, or the media who cover financial services. Individuals subject to backup withholding may not be eligible for the offer.
Certain states and local jurisdictions have laws that limit or restrict public employees from accepting items of value from vendors such as Fidelity that provide services to public institutions. Some public entities such as governments, state universities, health care organizations, etc., also have internal policies that may contain similar restrictions. If you are a public official or employee, you should determine if one of these laws or internal policies applies to you. By accepting the cash award, Fidelity assumes that you are in compliance with your jurisdiction's laws and institution's internal policies.
Cumulative cash awards credited to taxable accounts associated with your social security number or tax identification number, including this offer, other offers available within the Bloom app and those made by a Fidelity affiliate totaling $600 or more within a calendar year will appear on your consolidated Form 1099. You are encouraged to consult with your tax professional about appropriate tax reporting and treatment relating to this cash award and the deposit of the cash award in your account. Any taxes resulting from the cash award are your responsibility.
Fidelity, Fidelity Investments, and the Fidelity Investments & Pyramid Design logo are registered service marks of FMR LLC.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
1030678.1.1
26 Comments
Your comment cannot be blank.
Sign up for a Slickdeals account to remove this ad.
But I will give one with no thumbs down....the terms and conditions of the bonus state you must sign up by 6/13/22
Maybe that person read that and saw its probably not going to pan out...but the least people can do when thumbs downing something, is post a reason why....thats why this is a damn forum lol
But I will give one with no thumbs down....the terms and conditions of the bonus state you must sign up by 6/13/22
Maybe that person read that and saw its probably not going to pan out...but the least people can do when thumbs downing something, is post a reason why....thats why this is a damn forum lol
You're also getting an additional $30 bonus if you deposit $300 before the end of the year so overall, this seems like a nice deal.
You're also getting an additional $30 bonus if you deposit $300 before the end of the year so overall, this seems like a nice deal.
Well, went to download and sign up...back to crap deal...only available for apple
Well, went to download and sign up...back to crap deal...only available for apple
OP you should probably add that this is an iOS only deal. I'm guessing that's why the thumbs down.
Sign up for a Slickdeals account to remove this ad.
From their FAQ:
Incentives and rewards offered through Fidelity are considered taxable income. They may be reported through a consolidated 1099.
In the app, there is also another $6.00 in rewards which is credited on the same day to the Save account which is unrelated to your deposit(s). For those who did not already find it, it is under the main Home button on the lower left, then click on Rewards and then click on Earn More and it will show up as two separate offers (the following are not the exact names but how it shows up in the Bloom Save account's activity:
$5.00 Rewards (Cash-back shopping)
$1.00 Rewards (10 cents per swipe)
But I will give one with no thumbs down....the terms and conditions of the bonus state you must sign up by 6/13/22
Maybe that person read that and saw its probably not going to pan out...but the least people can do when thumbs downing something, is post a reason why....thats why this is a damn forum lol
The official terms and conditions also states on or after June 13, 2022. Fidelity does not like to specify expiration dates in their offers so they can always remove the offer at any time without notice.
Keep in mind of this as well compared the the standard Fidelity Debit Cards:
ATM fees are not reimbursed when you make withdrawals using the Fidelity Bloom℠ debit card.
Round Up is a feature of the Fidelity Bloom℠ debit card. It rounds up your purchase to the next full dollar amount and automatically transfers the "spare change" from your Fidelity Bloom Spend account to your Fidelity Bloom Save account.
When you sign up with Fidelity Bloom, you're automatically opted into Round Up. If you close your Fidelity Bloom Save and/or Fidelity Bloom Spend account, Round Up functionality will no longer work.
Keep in mind that you also earn $0.10 each time the debit card is used literally any charge $0.10 and under would either be free or even earn you up to $0.09.
The Fidelity Bloom℠ app offers a 10-cent reward for each eligible purchase transaction made using your Fidelity Bloom debit card. These rewards are automatically deposited into your Fidelity Bloom Save account.