Fidelity Investments is one of the biggest investment companies in the world in terms of the number of customers and also total assets under management.
For the longest time, they’ve been competing head-to-head with The Vanguard Group in the mutual fund space. Personally, I’ve been a Vanguard customer for decades but I’ve heard plenty of great things about Fidelity. If I were picking today, either would make a good choice.
With trillions under management, Fidelity mutual funds and ETFs have some of the lowest expense ratios. Even though they are extremely popular, like many companies, they always want more customers. So they will offer different promotions throughout the year to entice people to switch their accounts or simply open a new one with them.
On this page, we will share the best Fidelity Investments promotions they have available.
One caveat, Fidelity Investments frequently rotates the promotions they offer so check back to see which ones are live.
Table of Contents
|up to $5,000||Learn more|
|up to 12 free stocks from the Brokerage+|
up to $3,000 from Cash Management
|15 Free Stocks||Learn more|
|free stock (valued $5 - $200)||Learn more|
|Up to $500 cash||Learn more|
|up to $700||Learn more|
Fidelity Bloom – $100+ Cash
Fidelity Bloom is Fidelity’s fintech app that aims to help you build better financial habits through cash rewards, savings, and a nice little cash bonus.
The bonus has two parts.
First, you can get $100 new user bonus when you deposit $50 into your new account.
Next, there is an annual savings match program where you get a 10% match on the first $300 in deposits into the account. That’s a maximum of $30.
You also can get a 10-cent rewards into your Fidelity Bloom Save account every time you use the debit card plus up to 25% cash back when you shop in-app.
Fidelity Starter Pack- $100 Cash
Fidelity has a limited time promotion where you can get $100 for opening a Fidelity Account, Cash Management Account, Roth or Traditional IRA. You can open what they call a “Starter Pack,” which is The Fidelity Account® + Fidelity® Cash Management Account or you can just open an individual account – which includes those two plus a Roth IRA or a Traditional IRA.
All you have to do is deposit $50 or more within 15 days and you’ll get the $150 within 25 days of opening your account.
The promo code is FIDELITY100 and the offer has no published expiration date. It is limited to one offer per customer and US residents.
You must keep the $100 cash reward in the account for a minimum of 90 days.
Fidelity Youth Account – $50
Open a Fidelity Youth Account, designed for teens 13 through 17, and you get a $50 reward. The parent (or guardian) must have a Fidelity account first but the teen just needs to download the Fidelity mobile App, activate a new account, and they get the $50 bonus. No other requirements to get the bonus.
The account has no minimum and no account fees and the bonus is limited to one per customer.
Plynk Invest – $85
Plynk Invest is an investment app that seeks to compete with a lot of the no-commission trades app like Robinhood. It’s meant for beginner investors who are still learning and there are creative ways to contribute to your account, including exchanging old gift cards.
When you convert gift cards, there’s a small fee but it’s better than keeping the card unused in your desk!
For a limited time, there are two sign up bonuses:
- $10 sign up bonus – sign up and get $10
- $75 deposit bonus – they double your deposit, minimum of $25 and up to $75
The basic app is free, there is no account minimums, but some features may require a $2 monthly fee in the future.
Fidelity Brokerage – Up to $2,500 Cash Bonus [EXPIRED]
Fidelity Investments once offered a cash bonus if you opened an account and transferred new funds. The amount of the bonus was based on the amount you deposited:
- Deposit $50,000 – $99,999 and get $200
- Deposit $100,000 – $249,999 and get $300
- Deposit $250,000 – $499,999 and get $600
- Deposit $500,000 – $999,999 and get $1,200
- Deposit $1,000,000 or more and get $2,500
While this offer is no longer available, it’s comparable to Ally Invest’s new account offer which has this schedule:
|Deposit or Transfer|
|$10,000 – $24,999||$100|
|$25,000 – $99,999||$250|
|$100,000 – $249,999||$300|
|$250,000 – $499,999||$600|
|$500,000 – $999,999||$1,200|
|$1,000,000 – $1,999,999||$2,000|
|$2,000,000 or more||$3,000|
Ally Invest offers more for higher balances and they offer cash for lower balances – something Fidelity didn’t. If this offer comes back, I’d take advantage of it if Fidelity is the brokerage you want to work with because Vanguard doesn’t offer any new account bonuses.
Fidelity Free Trades Offer [Not Applicable]
Before Robinhood pushed most brokerages to offer free trades, Fidelity Investments also had a free trade offer.
If you deposited over $100,000 then you could get 500 free trades for the next two years.
If you deposited over $50,000 then you could get 300 free trades for the next two years.
Since Fidelity Investments now offers $0 commission trades, this offer no longer matters. They charge $0 on stock and options trades ($0.65 per contract), $0 for ETFs, and $0 for Fidelity mutual funds.
So, in effect, you get unlimited free trades forever regardless of how much you deposit. 🙂