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]
#1501
Join Date: Dec 2003
Location: NYC
Posts: 6,433
I just funded an account about a week ago and foolishly didn't re-check the terms on that day.
It would be very helpful to know which day they switched from 6 to 9. I suppose I can email Fidelity to confirm terms and see if they contradict that it's 6 months.
It would be very helpful to know which day they switched from 6 to 9. I suppose I can email Fidelity to confirm terms and see if they contradict that it's 6 months.
#1502
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
I certainly would contact Fidelity directly, as that is the only way you can know for sure which terms you are under.
#1503
Join Date: Mar 2001
Location: Philly, Madrid
Programs: Alaska MVP Gold
Posts: 2,591
The offer page says 'a nonretirement brokerage account'. Are you under a different offer that includes IRAs?
Tried to transfer an IRA to Fidelity for my wife to get a cash bonus. Fidelity replied that she was not eligible since she had a mileage bonus in May. I was unaware that the mileage bonuses and cash bonuses were linked. Appears they are.
She will be eligible for another bonus (cash or miles) in May.
Guess TD Ameritrade will get the IRA.
Update: Additional email with Fidelity confirms only one bonus--mileage or cash--per rolling calendar year.
She will be eligible for another bonus (cash or miles) in May.
Guess TD Ameritrade will get the IRA.
Update: Additional email with Fidelity confirms only one bonus--mileage or cash--per rolling calendar year.
#1504
Join Date: Oct 2011
Location: North Carolina
Posts: 613
They twice told me "only one award per rolling calendar year."
I was surprised. I knew only one mileage award per year but thought the IRA cash reward would be a separate award.
#1505
Join Date: Sep 2006
Location: Teaneck, NJ
Programs: SPG Gold, HHonors Gold, IHG Platinum, Marriott Silver
Posts: 699
What are current odds they will claw back miles if kept less than 9 months? I wanted something nonrisky but CD rates went to pitiful amounts in the last day or 2, so I don't think I can justify miles vs cash in a different bank.
#1506
Join Date: May 2004
Programs: AA lifetime platinum, Jet Blue Mosaic
Posts: 438
Retirement plans are not eligible for mile bonus program.
Money or stocks need be kept at Fidelity for only 6 months not nine months.
BOTH OF THE ABOVE ARE CLEARLY SPELLED OUT IN THE FIDELITY TERMS AND CONDITIONS.
THE READING OF T & C IN ANY BONUS PROGRAM IS REQUIRED READING
BEFORE APPLYING.
Money or stocks need be kept at Fidelity for only 6 months not nine months.
BOTH OF THE ABOVE ARE CLEARLY SPELLED OUT IN THE FIDELITY TERMS AND CONDITIONS.
THE READING OF T & C IN ANY BONUS PROGRAM IS REQUIRED READING
BEFORE APPLYING.
Last edited by MileageAddict; Dec 29, 2013 at 6:47 am Reason: mean spirited, unecessary comment
#1507
Join Date: Oct 2011
Location: North Carolina
Posts: 613
Retirement plans are not eligible for mile bonus program.
Money or stocks need be kept at Fidelity for only 6 months not nine months.
BOTH OF THE ABOVE ARE CLEARLY SPELLED OUT IN THE FIDELITY TERMS AND CONDITIONS.
THE READING OF T & C IN ANY BONUS PROGRAM IS REQUIRED READING
BEFORE APPLYING.
Money or stocks need be kept at Fidelity for only 6 months not nine months.
BOTH OF THE ABOVE ARE CLEARLY SPELLED OUT IN THE FIDELITY TERMS AND CONDITIONS.
THE READING OF T & C IN ANY BONUS PROGRAM IS REQUIRED READING
BEFORE APPLYING.
"Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) at Fidelity for nine months from the date that the qualifying assets are first received in the eligible account."
It used to be 6 months but appears to have changed.
Maybe YOU should read the T&Cs.
The current United offer is here:
https://rewards.fidelity.com/offers/united
Last edited by JATR4; Dec 29, 2013 at 8:12 am Reason: Content
#1508
Join Date: Feb 2013
Location: Chicago
Programs: AA EXP, Hilton Diamond, Bonvoy Titanium Elite, National Executive
Posts: 596
Ouch, $302 on $100k? Couple of different blue chips would have grossed you 8x that not to mention appreciation (double digit return). Could have earned miles AND enough for a nice ticket from each account. Boring 'ole ADP would have returned 22% Apr 29 til now, of which ~$2075 would have been dividends [each account]. Why tie up capital in CD? Seems like the need to get 'free' miles clouded financial judgement there--miles are, after all, about money. All miles related stuff I'm doing = return > cost. Have multiple Fidelity accounts but don't think I can swing this..
Last edited by CaptRobPhD; Dec 29, 2013 at 9:12 am
#1509
Join Date: Dec 2013
Posts: 1
Nine/Six months rule questionable.
Hi:
I opened two fidelity accounts. One for my wife and one for myself and funded $100k each and we got mileage plus miles. I took those money out one months back and still see 50k miles with UAL. Is there any possibility I would loose those. Pls share your experience.
I opened two fidelity accounts. One for my wife and one for myself and funded $100k each and we got mileage plus miles. I took those money out one months back and still see 50k miles with UAL. Is there any possibility I would loose those. Pls share your experience.
#1510
Join Date: Dec 2003
Location: NYC
Posts: 6,433
Ouch, $302 on $100k? Couple of different blue chips would have grossed you 8x that not to mention appreciation (double digit return). Could have earned miles AND enough for a nice ticket from each account. Boring 'ole ADP would have returned 22% Apr 29 til now, of which ~$2075 would have been dividends [each account]. Why tie up capital in CD? Seems like the need to get 'free' miles clouded financial judgement there--miles are, after all, about money. All miles related stuff I'm doing = return > cost. Have multiple Fidelity accounts but don't think I can swing this..
#1511
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
Some folks have had their miles clawed back in the past. For sure, you will not be allowed to deal this deal again in the future.
#1512
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
Looks like I encountered the first case of clawback...
Created an account and deposited money into my account: 10/31/12
Miles received: 11/14/12
Withdraw 99% of the balance: 12/14/12
Got a call from fido about missing funds regarding promo: 12/18/12
I just checked my UA account and all of the miles added were deducted away.
Now I have to put the money back in. I wonder how long I have to keep it inside to not trigger a clawback again.
Created an account and deposited money into my account: 10/31/12
Miles received: 11/14/12
Withdraw 99% of the balance: 12/14/12
Got a call from fido about missing funds regarding promo: 12/18/12
I just checked my UA account and all of the miles added were deducted away.
Now I have to put the money back in. I wonder how long I have to keep it inside to not trigger a clawback again.
#1513
Join Date: Nov 2008
Posts: 371
If you don't need the money in emergency, just invest in some of the fidelity mutual funds for 6+ months
#1514
Join Date: Nov 2008
Posts: 371
Looks like I encountered the first case of clawback...
Created an account and deposited money into my account: 10/31/12
Miles received: 11/14/12
Withdraw 99% of the balance: 12/14/12
Got a call from fido about missing funds regarding promo: 12/18/12
I just checked my UA account and all of the miles added were deducted away.
Now I have to put the money back in. I wonder how long I have to keep it inside to not trigger a clawback again.
Created an account and deposited money into my account: 10/31/12
Miles received: 11/14/12
Withdraw 99% of the balance: 12/14/12
Got a call from fido about missing funds regarding promo: 12/18/12
I just checked my UA account and all of the miles added were deducted away.
Now I have to put the money back in. I wonder how long I have to keep it inside to not trigger a clawback again.
I guess you'll need to contact fidelity to see if you will get miles back if you put the money back.
#1515
Join Date: Aug 2006
Posts: 756
It is unclear what you are talking about. Here is the nine month requirement taken directly from the T&Cs:
"Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) at Fidelity for nine months from the date that the qualifying assets are first received in the eligible account."
It used to be 6 months but appears to have changed.
Maybe YOU should read the T&Cs.
The current United offer is here:
https://rewards.fidelity.com/offers/united
"Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) at Fidelity for nine months from the date that the qualifying assets are first received in the eligible account."
It used to be 6 months but appears to have changed.
Maybe YOU should read the T&Cs.
The current United offer is here:
https://rewards.fidelity.com/offers/united
Correct, as the new terms are now 9 mths and not 6. But those (including myself) that applied earlier under the 6 mth rule we do not need to follow the 9 mths. As a good practice I always keep a copy of the T&A whenever I apply so if they dispute it I have a copy to show them my original obligations of only 6 mths.
For those applying now under the new 9 mth rule, its still a good idea to make a copy so it they change it again later(to 12 mths?) then you can show them your original contract.