25,000 American Airlines Miles via Fidelity
Mar 11, 2010, 1:26 pm
#46
Join Date: Jan 2006
Location: SFOSJCOAK
Programs: AA-EXP & 1MM+, AS, MR-LTT, HH Gold
Posts: 7,587
It does not matter what asset type you buy/sell with Fido, b/c all assets will be parked in an account. This promo refers to a Non-retirement account.
Mar 11, 2010, 2:29 pm
#47
Join Date: Dec 2009
Location: Los Angeles
Programs: Hyatt, Hilton, Marriott // WN, AA, BA, UA, AS // Avis
Posts: 1,314
As an FYI -
I just received confirmation from Fidelity that my request to be credited with 25,0000 Amex MR points has been approved/processed. (This is even though I opened up the account over a year ago).
Per Fidelity, will post to my Amex MR account in 10-14 days. I'll update and confirm once that happens.
I just received confirmation from Fidelity that my request to be credited with 25,0000 Amex MR points has been approved/processed. (This is even though I opened up the account over a year ago).
Per Fidelity, will post to my Amex MR account in 10-14 days. I'll update and confirm once that happens.
Mar 11, 2010, 4:48 pm
#48
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,060
As an FYI -
I just received confirmation from Fidelity that my request to be credited with 25,0000 Amex MR points has been approved/processed. (This is even though I opened up the account over a year ago).
Per Fidelity, will post to my Amex MR account in 10-14 days. I'll update and confirm once that happens.
I just received confirmation from Fidelity that my request to be credited with 25,0000 Amex MR points has been approved/processed. (This is even though I opened up the account over a year ago).
Per Fidelity, will post to my Amex MR account in 10-14 days. I'll update and confirm once that happens.
Mar 11, 2010, 5:46 pm
#49
Join Date: Dec 2009
Location: Los Angeles
Programs: Hyatt, Hilton, Marriott // WN, AA, BA, UA, AS // Avis
Posts: 1,314
I called about a week or two ago regarding this and demanded I get the 25,000 points because no one ever offered the deal to me when I signed up, even though I have over $200k with Fidelity. They were more than happy to do so.
As far as I see, this is 25,000 absolutely free points for me I would have never received if not for FT.
Mar 12, 2010, 9:25 am
#50
Join Date: Jan 2010
Posts: 28
Has anyone who has participated in this deal reduced the amount of money in their account or closed it altogether once the miles were deposited? I'm interested in getting the 15k miles but I dont want to tie up 10k in an account for 6 months. Once those miles post to my account can I drain it down to $10 or so and just keep it there, closing the account altogether in 6 months? Anyone have any experience with this? Thanks
Mar 12, 2010, 12:56 pm
#51
Join Date: Oct 2009
Location: Las Vegas
Programs: AA,CO,US, and SPG Gold (just like everyone else :P)
Posts: 117
Has anyone who has participated in this deal reduced the amount of money in their account or closed it altogether once the miles were deposited? I'm interested in getting the 15k miles but I dont want to tie up 10k in an account for 6 months. Once those miles post to my account can I drain it down to $10 or so and just keep it there, closing the account altogether in 6 months? Anyone have any experience with this? Thanks
Mar 14, 2010, 11:41 am
#53
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,060
Mar 14, 2010, 1:04 pm
#55
Join Date: Mar 2010
Posts: 32
Just recently. At the time of signup (last year) I had NO clue about this website, much less the 25,000 point offer.I called about a week or two ago regarding this and demanded I get the 25,000 points because no one ever offered the deal to me when I signed up, even though I have over $200k with Fidelity. They were more than happy to do so.
As far as I see, this is 25,000 absolutely free points for me I would have never received if not for FT.
My question, I already have a fidelity trade account, is there anyway I could still take advantage of this?
Last edited by dmitriy1; Aug 4, 2010 at 4:45 pm
Mar 14, 2010, 8:48 pm
#56
Join Date: Nov 2009
Posts: 774
So I can do this twice, once for me, and once for my wife. Deposit 50k .... wait until miles post, and then drain account down to like 50$. Might be something I Have to look into. Although, I was trying to stay away from AA/BA .... but seems atm might be the only option for the free miles =/
Mar 14, 2010, 10:58 pm
#57
Join Date: Sep 2009
Location: CA
Programs: AAdvantage ExecPlat (LT Plat 2.1 MM),United S, SPG P, Marriott P, Hyatt Diamond *-)-
Posts: 213
I deposited 50k late september last year - I've kept all 50k in since depositing - it will be 6 months within 2-3 weeks - if I take out the money, and close out the account now, will they demand re-imbursement for the 25k miles?
Or is it ok to take out (at least 20k) now?
Or is it ok to take out (at least 20k) now?
Mar 15, 2010, 4:48 am
#58
Join Date: Apr 2000
Location: Fort Myers, FL
Programs: Hilton Gold, SPG & IHG Plat, & every airline program that I can join
Posts: 2,279
Same question here. $50K at BankDirect would earn 5000 miles per month, so if the Fidelity deposit could be withdrawn down quickly after posting to AA, it could go right back to BankDirect and only lose less than $5K since it is based on average balance.
The part that worries me it the wording described above from the offer "Your Fidelity account must remain open with the qualifying funding for six months from the date that the qualifying assets are first received in the eligible account." Does that mean the TOTAL amount of the $50K or just keeping the account open? Sounds to me like the whole $50K. If left for the entire 6 months, it would come out to 5K fewer miles than just leaving it in the Bank Direct account (25K vs 30K)
JudyJFLA
I did TDAmeritrade for the SPG bonus a few years ago(thanks PGary) and it posted in 2 chunks. That balance is still there as it is my "I don't want to ever touch it so I don't lose it" knee lawsuit settlement.
The part that worries me it the wording described above from the offer "Your Fidelity account must remain open with the qualifying funding for six months from the date that the qualifying assets are first received in the eligible account." Does that mean the TOTAL amount of the $50K or just keeping the account open? Sounds to me like the whole $50K. If left for the entire 6 months, it would come out to 5K fewer miles than just leaving it in the Bank Direct account (25K vs 30K)
JudyJFLA
I did TDAmeritrade for the SPG bonus a few years ago(thanks PGary) and it posted in 2 chunks. That balance is still there as it is my "I don't want to ever touch it so I don't lose it" knee lawsuit settlement.
Last edited by JudyJFLA; Mar 15, 2010 at 5:04 am
Mar 15, 2010, 1:16 pm
#60
Join Date: Oct 2009
Location: Las Vegas
Programs: AA,CO,US, and SPG Gold (just like everyone else :P)
Posts: 117
No hard pull for me either. FYI when I applied through the aa.com link I was not properly registered and had to call in multiple times. If your bonus does not show up in a week call and make sure you are registered.