Nov 19, 2013, 6:07 pm
Last edit by: TravelinSperry
All offers are expired/dead as of March 31, 2017
AA: https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United: https://scs.fidelity.com/other/offer...shtml?MSC=UA01
Delta: https://scs.fidelity.com/other/offer...on_delta.shtml
Update as of May 21, 2014 - in recent weeks some people have reported being told that they are no longer eligible for this offer, in spite of meeting the previous terms and conditions. Some Fidelity representatives are saying that these offers are targeted. Note the bold words in the the terms and conditions below - "Other terms and conditions may apply."
The funds or securities must stay in the account for 9 months
The offer may be repeated every 365 days if the terms were met (rolling 12 months)
The funds may not already be in a Fidelity account, but must be sourced from elsewhere
If you are moving funds or securities out of Fidelity, with intent to move it back to claim this bonus, members have recommended to keep the funds/securities out for at least 3 months to avoid risk of losing eligibility for the deposit. Some have been told unofficially by advisers 30 days. YMMV.
Members who have pulled funds/deposits out within 9 months have reported they were allowed to keep the miles, but were banned for life from being able to repeat the offer.
Added September 26, 2016:
Any withdrawals from the account during the qualification period will count against the total deposited. This includes dividends upon you may dependent to live. So be sure to transfer assets whose value covers the minimum you need plus any you might withdraw during those 60 days.
It is strongly suggested you register for the offer you want by calling Fidelity's Promotion Department at (800)544-5315, as the online registration has been flaky in the past. Also, if you have high net worth, a "High Net Worth supervisor" may be able to help - simply call the Premium Services number on your account statement to find someone who has the power to do most anything. Get the name and phone number of the person you spoke with and ask him or her to note in your account that you have been approved, and by whom. Then, if after you transfer assets you get an email saying you are not eligible for the offer for which you registered (yes, this has happened), call the rep again, asking to read the notes on your account. You will probably be told that the email was automated and was sent in error and that they will hand babysit the funding and resultant miles.
If the registration page tells you are not eligible because you have had the offer before, call one of the above numbers. You are eligible after on year. That year probably starts counting when the miles are awarded, not when you register or when you add assets.
Trusts require extra caution on their part. Sometimes they require that you give them a lot of paperwork for trusts. If you have a local Fidelity office, just bring in everything required and they will copy and mail it for you. Easy. Otherwise, just mail it in. If upon trying to register online you are informed that your Revocable Living Trust account is not eligible, well, just call one of the above numbers, because it is eligible. They just have to verify a few things and then override the system. They want to know that you are the only trustee and the only beneficiary.
From the Terms and Conditions page:
Promotional Offer Rules:
This promotional offer is only available to new or existing Fidelity brokerage account customers opening or depositing net new assets into a joint or individual nonretirement Fidelity Account®. Net new assets are defined as an individual’s external new money in minus money out, including distributions and transfers.
This offer expires September 30, 2014, and is not transferable or valid in conjunction with any other Fidelity promotional offer. Fidelity Investments reserves the right to modify, change, or alter the terms and conditions of the promotional offer in its sole discretion at any time. Fidelity Investments may terminate this promotional offer at any time. Other terms and conditions may apply.
Promotional offers are limited to one per individual per rolling 12 months.
The promotion is not available for business accounts; trust accounts; mutual fund only accounts; retirement accounts, including, among others, Fidelity IRA, Roth IRA, SEP, and SIMPLE accounts; 401(k) and 403(b) workplace retirement plans; fiduciary accounts (including custodial accounts, estate accounts); 529 college savings plan accounts (i.e. college investment trust accounts); Fidelity accounts managed by Strategic Advisers, Inc. (for example, Portfolio Advisory Services); Institutional Wealth Services (IWS) clients; clients of registered investment advisors working with Fidelity Investments; annuities; and Stock Plan Services accounts. Offer is not valid for non-U.S. residents; persons affiliated with FINRA, a securities exchange or its members; employees of Fidelity, its affiliates, and members of their immediate families and households; or the media.
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 this incentive, we assume that you are in compliance with your jurisdiction's laws and institution's internal policies.
Transferred assets will be valued, for the purposes of determining eligibility for this promotional offer, at the close of business Eastern time on the business day or next business day, if on a weekend day or holiday, following receipt by Fidelity Investments of the assets into the account that is eligible for the promotional offer. Funding must come from an external, non-Fidelity source via any standard monetary transfer method (a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit, etc.). Please allow eight weeks from the funding of the eligible account, with the qualifying dollar amount of assets, for American Airlines AAdvantage® miles to be posted to your AAdvantage® account. 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.
New accounts must be opened within 30 days of registering for the offer. Additional deposits to the eligible Fidelity account may earn you a higher mileage award provided the result is that the cumulative assets meet or exceed the next eligibility tier (up to a maximum of 50,000 AAdvantage® miles). For new accounts, initial and subsequent deposits must be made within 60 days of Fidelity account opening. For new money deposited into existing accounts, all deposits must be made within 60 days of registering for the offer.
AA: https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United: https://scs.fidelity.com/other/offer...shtml?MSC=UA01
Delta: https://scs.fidelity.com/other/offer...on_delta.shtml
Update as of May 21, 2014 - in recent weeks some people have reported being told that they are no longer eligible for this offer, in spite of meeting the previous terms and conditions. Some Fidelity representatives are saying that these offers are targeted. Note the bold words in the the terms and conditions below - "Other terms and conditions may apply."
The funds or securities must stay in the account for 9 months
The offer may be repeated every 365 days if the terms were met (rolling 12 months)
The funds may not already be in a Fidelity account, but must be sourced from elsewhere
If you are moving funds or securities out of Fidelity, with intent to move it back to claim this bonus, members have recommended to keep the funds/securities out for at least 3 months to avoid risk of losing eligibility for the deposit. Some have been told unofficially by advisers 30 days. YMMV.
Members who have pulled funds/deposits out within 9 months have reported they were allowed to keep the miles, but were banned for life from being able to repeat the offer.
Added September 26, 2016:
Any withdrawals from the account during the qualification period will count against the total deposited. This includes dividends upon you may dependent to live. So be sure to transfer assets whose value covers the minimum you need plus any you might withdraw during those 60 days.
It is strongly suggested you register for the offer you want by calling Fidelity's Promotion Department at (800)544-5315, as the online registration has been flaky in the past. Also, if you have high net worth, a "High Net Worth supervisor" may be able to help - simply call the Premium Services number on your account statement to find someone who has the power to do most anything. Get the name and phone number of the person you spoke with and ask him or her to note in your account that you have been approved, and by whom. Then, if after you transfer assets you get an email saying you are not eligible for the offer for which you registered (yes, this has happened), call the rep again, asking to read the notes on your account. You will probably be told that the email was automated and was sent in error and that they will hand babysit the funding and resultant miles.
If the registration page tells you are not eligible because you have had the offer before, call one of the above numbers. You are eligible after on year. That year probably starts counting when the miles are awarded, not when you register or when you add assets.
Trusts require extra caution on their part. Sometimes they require that you give them a lot of paperwork for trusts. If you have a local Fidelity office, just bring in everything required and they will copy and mail it for you. Easy. Otherwise, just mail it in. If upon trying to register online you are informed that your Revocable Living Trust account is not eligible, well, just call one of the above numbers, because it is eligible. They just have to verify a few things and then override the system. They want to know that you are the only trustee and the only beneficiary.
From the Terms and Conditions page:
Promotional Offer Rules:
This promotional offer is only available to new or existing Fidelity brokerage account customers opening or depositing net new assets into a joint or individual nonretirement Fidelity Account®. Net new assets are defined as an individual’s external new money in minus money out, including distributions and transfers.
This offer expires September 30, 2014, and is not transferable or valid in conjunction with any other Fidelity promotional offer. Fidelity Investments reserves the right to modify, change, or alter the terms and conditions of the promotional offer in its sole discretion at any time. Fidelity Investments may terminate this promotional offer at any time. Other terms and conditions may apply.
Promotional offers are limited to one per individual per rolling 12 months.
The promotion is not available for business accounts; trust accounts; mutual fund only accounts; retirement accounts, including, among others, Fidelity IRA, Roth IRA, SEP, and SIMPLE accounts; 401(k) and 403(b) workplace retirement plans; fiduciary accounts (including custodial accounts, estate accounts); 529 college savings plan accounts (i.e. college investment trust accounts); Fidelity accounts managed by Strategic Advisers, Inc. (for example, Portfolio Advisory Services); Institutional Wealth Services (IWS) clients; clients of registered investment advisors working with Fidelity Investments; annuities; and Stock Plan Services accounts. Offer is not valid for non-U.S. residents; persons affiliated with FINRA, a securities exchange or its members; employees of Fidelity, its affiliates, and members of their immediate families and households; or the media.
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 this incentive, we assume that you are in compliance with your jurisdiction's laws and institution's internal policies.
Transferred assets will be valued, for the purposes of determining eligibility for this promotional offer, at the close of business Eastern time on the business day or next business day, if on a weekend day or holiday, following receipt by Fidelity Investments of the assets into the account that is eligible for the promotional offer. Funding must come from an external, non-Fidelity source via any standard monetary transfer method (a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit, etc.). Please allow eight weeks from the funding of the eligible account, with the qualifying dollar amount of assets, for American Airlines AAdvantage® miles to be posted to your AAdvantage® account. 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.
New accounts must be opened within 30 days of registering for the offer. Additional deposits to the eligible Fidelity account may earn you a higher mileage award provided the result is that the cumulative assets meet or exceed the next eligibility tier (up to a maximum of 50,000 AAdvantage® miles). For new accounts, initial and subsequent deposits must be made within 60 days of Fidelity account opening. For new money deposited into existing accounts, all deposits must be made within 60 days of registering for the offer.
Fidelity Bonus offers for airline miles & hotel points [EXPIRED March 31, 2017]
Jun 21, 2010, 7:19 am
#1
FlyerTalk Evangelist
Original Poster
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,037
Fidelity Bonus offers for airline miles & hotel points [EXPIRED March 31, 2017]
A note about this first post: I'm happy to update it when the story changes. But, as I'm in the six month quiet period after my recent deposit, I'm not paying close attention here. So if there is a material change, please PM me with the details so that I can keep this first post current.
UPDATE - 4/15/2013
Here's a new offer that was posted in the bottom of this thread thanks to onthego15:
https://scs.fidelity.com/other/offer...on_casha.shtml
This is a money bonus for net deposits. This includes IRAs and funding must remain for nine months this time. Same rolling 12 month period. Read the terms - they seem to be getting longer and more specific.
At the lowest total, this represents a .4% bonus (I think that's the best available percentage-wise) and tops out at .25%. Neither is as compelling as the mileage, to me. But since the totals can go higher, this may make sense for HNWIs.
UPDATE - 7/3/2012
Based on the last several pages of posts in this thread, I think it's pretty safe to conclude that double-dipping is dead. The wording is that you are only eligible for one promotion (miles/points/gift cards) in each 12 month rolling period, and Fidelity is generally sticking to those terms.
On the question of cycling money, I do think there is advance scrutiny on this point, and I don't recommend trying to cycle. Of course, this is a big issue, and there is a big payoff for those without $100,000 to park. So you can take your chances. But I do think Fidelity has put an end to the cycling situation.
My advice is: Choose a promo and register for it. Park as much cash and securities there as you can, trying to reach the $100,000 value level. Get your miles and leave the deposits for a while. Note the date you receive the reward, and set a reminder in your calendar for a year from that date. Assuming the rules are the same in a year, do another round.
UPDATE - 5/3/2012
Unfortunately, it looks like the ability to cycle money through the account and have the cumulative deposit total count toward a threshold, is over. That's what the posts are suggesting. So you should plan to make the deposits with no withdrawals, and then expect to leave the money/securities there for a still-undetermined period of time.
UPDATE - 4/25/2012
Still evolving. See pgary's update here:
http://www.flyertalk.com/forum/18461725-post23.html
Essentially, there's a 12 month window where you are eligible for any one offer (includes miles or gift cards). But this is according to a strict reading of the terms, and there's some evidence that you may be able to double-dip sooner. It's all still new, and we're all still gathering data points. So if you have a double-dip, successful or not, please post with dates.
UPDATE - 4/10/2012
Pretty different scenario currently - see this post for the summary:
http://www.flyertalk.com/forum/16588684-post929.html
UPDATE - 7/21/2011
I've basically re-written this post to reflect the current status of offers from Fidelity.
There are two types of offers at the moment: Offers for new customers only (the definition of "new customer" is a bit tricky and there is lots of info about that in this thread) and offers for existing customers adding new funds. Much has been written in this thread about ways to get multiple bonuses. I'll stay out of that in this post and just give the links to the current offers:
New Customers:
AA:
https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United:
https://scs.fidelity.com/other/offer...shtml?MSC=UA01
New or Existing Customers:
Delta:
https://scs.fidelity.com/other/offer...on_delta.shtml
American Express Membership Rewards:
https://scs.fidelity.com/other/offer...nexpress.shtml
All are for 50,000 points/miles. Clearly, it pays to be careful where you use your "new" status if you have no Fidelity account.
In the year since I originally posted, it seems that the Delta and now the Amex MR offers have become available to existing account holders. That means you can actually get a few of these deals, if you do it carefully.
The best info that summarizes the steps is HikerT's post here:
http://www.flyertalk.com/forum/16588684-post929.html
Currently, the Amex MR info is still in flux.
NOTES 12/31/11:
I believe the Amex MR is fully over.
I have started a TD Ameritrade thread to keep that related, but different, discussion out of this thread:
http://www.flyertalk.com/forum/miles...us-thread.html
NOTE 3/5/12:
As I don't pay a ton of attention to this thread at this point, please send me a PM if there's a significant reason to update this initial post.
UPDATE - 4/15/2013
Here's a new offer that was posted in the bottom of this thread thanks to onthego15:
https://scs.fidelity.com/other/offer...on_casha.shtml
This is a money bonus for net deposits. This includes IRAs and funding must remain for nine months this time. Same rolling 12 month period. Read the terms - they seem to be getting longer and more specific.
At the lowest total, this represents a .4% bonus (I think that's the best available percentage-wise) and tops out at .25%. Neither is as compelling as the mileage, to me. But since the totals can go higher, this may make sense for HNWIs.
UPDATE - 7/3/2012
Based on the last several pages of posts in this thread, I think it's pretty safe to conclude that double-dipping is dead. The wording is that you are only eligible for one promotion (miles/points/gift cards) in each 12 month rolling period, and Fidelity is generally sticking to those terms.
On the question of cycling money, I do think there is advance scrutiny on this point, and I don't recommend trying to cycle. Of course, this is a big issue, and there is a big payoff for those without $100,000 to park. So you can take your chances. But I do think Fidelity has put an end to the cycling situation.
My advice is: Choose a promo and register for it. Park as much cash and securities there as you can, trying to reach the $100,000 value level. Get your miles and leave the deposits for a while. Note the date you receive the reward, and set a reminder in your calendar for a year from that date. Assuming the rules are the same in a year, do another round.
UPDATE - 5/3/2012
Unfortunately, it looks like the ability to cycle money through the account and have the cumulative deposit total count toward a threshold, is over. That's what the posts are suggesting. So you should plan to make the deposits with no withdrawals, and then expect to leave the money/securities there for a still-undetermined period of time.
UPDATE - 4/25/2012
Still evolving. See pgary's update here:
http://www.flyertalk.com/forum/18461725-post23.html
Essentially, there's a 12 month window where you are eligible for any one offer (includes miles or gift cards). But this is according to a strict reading of the terms, and there's some evidence that you may be able to double-dip sooner. It's all still new, and we're all still gathering data points. So if you have a double-dip, successful or not, please post with dates.
UPDATE - 4/10/2012
Pretty different scenario currently - see this post for the summary:
http://www.flyertalk.com/forum/16588684-post929.html
UPDATE - 7/21/2011
I've basically re-written this post to reflect the current status of offers from Fidelity.
There are two types of offers at the moment: Offers for new customers only (the definition of "new customer" is a bit tricky and there is lots of info about that in this thread) and offers for existing customers adding new funds. Much has been written in this thread about ways to get multiple bonuses. I'll stay out of that in this post and just give the links to the current offers:
New Customers:
AA:
https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United:
https://scs.fidelity.com/other/offer...shtml?MSC=UA01
New or Existing Customers:
Delta:
https://scs.fidelity.com/other/offer...on_delta.shtml
American Express Membership Rewards:
https://scs.fidelity.com/other/offer...nexpress.shtml
All are for 50,000 points/miles. Clearly, it pays to be careful where you use your "new" status if you have no Fidelity account.
In the year since I originally posted, it seems that the Delta and now the Amex MR offers have become available to existing account holders. That means you can actually get a few of these deals, if you do it carefully.
The best info that summarizes the steps is HikerT's post here:
http://www.flyertalk.com/forum/16588684-post929.html
Currently, the Amex MR info is still in flux.
NOTES 12/31/11:
I believe the Amex MR is fully over.
I have started a TD Ameritrade thread to keep that related, but different, discussion out of this thread:
http://www.flyertalk.com/forum/miles...us-thread.html
NOTE 3/5/12:
As I don't pay a ton of attention to this thread at this point, please send me a PM if there's a significant reason to update this initial post.
Last edited by josephstern; Apr 15, 2013 at 3:22 pm
Apr 23, 2012, 2:40 pm
#2
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,082
Fidelity Bonus offers for miles & hotel points ONLY
This will be the new home for Fidelity Investments airline miles and hotel points ONLY. The old thread is getting too huge and off topic. Thanks.
Link to original Fidelity thread: http://www.flyertalk.com/forum/miles...-airlines.html
Your MB! mods.
Link to original Fidelity thread: http://www.flyertalk.com/forum/miles...-airlines.html
Your MB! mods.
Last edited by philemer; Apr 23, 2012 at 3:09 pm
Apr 23, 2012, 3:26 pm
#6
FlyerTalk Evangelist
Original Poster
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,037
The point is to keep those two items (potential or actual) in a different thread than things like gift cards, which are now in this thread:
http://www.flyertalk.com/forum/miles...ift-cards.html
Further, Amex MR points can certainly become hotel points down the line.
http://www.flyertalk.com/forum/miles...ift-cards.html
Further, Amex MR points can certainly become hotel points down the line.
Apr 23, 2012, 3:59 pm
#8
FlyerTalk Evangelist
Original Poster
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,037
Well, to complete my previous post, while that was once available, it really is no more. Amex isn't an option currently.
Apr 23, 2012, 7:07 pm
#10
Join Date: Aug 2011
Location: SF Bay Area
Posts: 57
I've been trying to cycle but keep getting an error message:
Transfer Money / Shares Message
(130080) Your transaction cannot be processed at this time. Please try again later, or call a Fidelity Representative at 800-544-6666.
Transfer Money / Shares Message
(130080) Your transaction cannot be processed at this time. Please try again later, or call a Fidelity Representative at 800-544-6666.
Apr 23, 2012, 9:38 pm
#11
Join Date: Nov 2009
Posts: 774
Apr 24, 2012, 1:34 pm
#14
Join Date: Feb 2010
Location: NYC
Programs: UA, AA
Posts: 519
12-month-rule?
How strict is this new 12-month rule?
My brief timeline:
1) Jan. 2011: Initial account opening; received UA miles.
2) Jan. 2012: received Delta miles as an existing customer.
Would it be pointless to try new UA promotion as an existing customer? Or does Fidelity allow you to open an entirely new account?
Thanks.
My brief timeline:
1) Jan. 2011: Initial account opening; received UA miles.
2) Jan. 2012: received Delta miles as an existing customer.
Would it be pointless to try new UA promotion as an existing customer? Or does Fidelity allow you to open an entirely new account?
Thanks.