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 rotates the promotions they offer so check back to see which ones are live.
Table of Contents
Fidelity Account – $100 Cash
Fidelity has a new promotion where you can get $100 for opening a Fidelity Account, Cash Management Account, Roth or Traditional IRA. All you have to do is deposit $50 or more within 15 days and you’ll get the $100 within 25 days of opening your account.
The promo code is FIDELITY100 and the offer has no shown expiration date. It is limited to one offer per customer and US residents.
What’s important to note is that existing customers are eligible as long as you open an eligible account and meet the requirements. Finally, you must keep the $100 cash reward in the account for a minimum of 90 days.
Fidelity Spire – $50 Cash
Fidelity has a small offer where you can get $50 when you open an account and link to a goal in the Fidelity Spire app. The bonus just requires you to open a qualified account after 9/30/2021 and then set up a $50+ monthly deposit. When you keep the deposit going for six months, they’ll give you $50 towards that financial goal.
If your deposits are $10 to $24.99, the bonus is $10.
If you deposit $25 to $49.99, the bonus is $25.
The Fidelity Cash Management Account, Fidelity Account, Traditional IRA, and Roth IRA all qualify.
If you previously took advantage of the $100 offer that ran from April 2021 through July 2021, you are not eligible for this offer. You must also keep the bonus in the account for 6 months.
(Offer does not list an expiration date)
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. 🙂
$500 Apple Gift Card [EXPIRED]
Similar to the cash offer above, Fidelity once offered a new customer a $500 Apple gift card if they deposited over $150,000. If you deposited over $75,000 then the Apple gift card was lowered to just $300. This offer hasn’t been available since 2017 so it’s unlikely to come back. It’s not that attractive though, you’d rather get cash. 🙂
With no active promotions, you may be tempted to wait before opening an account to see if they will offer one.