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Fidelity Bonus offers for airline miles & hotel points [EXPIRED March 31, 2017]

Old Nov 19, 2013, 6:07 pm
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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 individuals 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.
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Fidelity Bonus offers for airline miles & hotel points [EXPIRED March 31, 2017]

Old Sep 27, 2016, 7:01 pm
  #2311  
 
Join Date: Feb 2013
Location: Miami, FL
Programs: UA 1MM, AA Plat Pro, Marriott LT Titanium, Hyatt Glob, IHG ♢ Amb, Hilton ♢, Hertz Pres
Posts: 6,010
Originally Posted by pgary
Was this a new account or an addition to an existing one?

Was this a trust account?

Thanks.
Existing account (not a trust).
TravelinSperry is offline  
Old Sep 28, 2016, 2:17 pm
  #2312  
 
Join Date: Aug 2004
Posts: 508
I second that.

Originally Posted by TravelinSperry
I can confirm United is live and working well. 50k deposited rather quickly imo. Also unlike previous poster I did not call. All done online and it worked just fine.

I second that. Did like TravelinSperry. Existing account. Didnt call.
Keflyer is offline  
Old Sep 29, 2016, 8:03 am
  #2313  
FlyerTalk Evangelist, Ambassador: World of Hyatt
 
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
You guys are making it sound like calling is a major problem.

I registered and made the deposit online. After I received the points I called for clarification regarding how the balance would be tracked.

I was told that as long as it doesn't drop below what it was before the new deposit was received, it would be fine. My concern was that it's my bill paying account and money flows in and out of it regularly.

I'm getting ready to do it again.

So what is the problem with calling? Did I miss something?
Mary2e is offline  
Old Sep 29, 2016, 11:45 am
  #2314  
 
Join Date: Feb 2013
Location: Miami, FL
Programs: UA 1MM, AA Plat Pro, Marriott LT Titanium, Hyatt Glob, IHG ♢ Amb, Hilton ♢, Hertz Pres
Posts: 6,010
Originally Posted by Mary2e
You guys are making it sound like calling is a major problem.

I registered and made the deposit online. After I received the points I called for clarification regarding how the balance would be tracked.

I was told that as long as it doesn't drop below what it was before the new deposit was received, it would be fine. My concern was that it's my bill paying account and money flows in and out of it regularly.

I'm getting ready to do it again.

So what is the problem with calling? Did I miss something?
Nothing wrong with calling. Just saying it isn't necessary. I registered online, transferred funds and received points. Never spoke to a person and didn't need to call to ask anything. Feel free to call if you want - but it is an unnecessary step.
TravelinSperry is offline  
Old Sep 29, 2016, 11:47 am
  #2315  
FlyerTalk Evangelist, Ambassador: World of Hyatt
 
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
I just repeated exactly why I called... to find out about how the balance would be tracked because of the type and use of the account I deposited to.

I agree it's simple to register and transfer funds online if you don't need to have a specific question answered.
Mary2e is offline  
Old Sep 30, 2016, 1:20 pm
  #2316  
 
Join Date: Mar 2016
Posts: 26
I just got a phone call from Fidelity saying that they would like to set up a different phone call in two weeks to discuss a new promotion involving miles and/or free trades. The person who called me didn't seem to have any more information. After agreeing to speak to someone, I got a confirmation email as well.

Anyone else gotten contacted recently?
goldenad is offline  
Old Sep 30, 2016, 8:59 pm
  #2317  
 
Join Date: Feb 2016
Location: New York
Programs: Navy A-4 Skyhawk, B727 FE/FO, S80 FO, B757/767 FO, B737 CA
Posts: 1,333
I looked at the Fidelity offer earlier today and it was still set to expire on Sept 30 (today). I just checked tonight and it now says offer expires Dec 31, 2016! Guess the AA offer was been extended today.
fredc84 is offline  
Old Oct 17, 2016, 7:58 pm
  #2318  
 
Join Date: Dec 2007
Posts: 104
If I withdraw my funds before 9 months will the AA miles be taken out of my account? I deposited 100K, but dont want to keep the funds there for 9 months.
frugaltraveler10012 is offline  
Old Oct 17, 2016, 11:40 pm
  #2319  
 
Join Date: Feb 2013
Location: Miami, FL
Programs: UA 1MM, AA Plat Pro, Marriott LT Titanium, Hyatt Glob, IHG ♢ Amb, Hilton ♢, Hertz Pres
Posts: 6,010
Originally Posted by frugaltraveler10012
If I withdraw my funds before 9 months will the AA miles be taken out of my account? I deposited 100K, but dont want to keep the funds there for 9 months.
The Wiki says that you must keep your funds there for 9 months or you will lose the miles.
TravelinSperry is offline  
Old Oct 18, 2016, 9:04 am
  #2320  
 
Join Date: Feb 2016
Location: New York
Programs: Navy A-4 Skyhawk, B727 FE/FO, S80 FO, B757/767 FO, B737 CA
Posts: 1,333
Originally Posted by frugaltraveler10012
If I withdraw my funds before 9 months will the AA miles be taken out of my account? I deposited 100K, but dont want to keep the funds there for 9 months.
No, from the wiki:

"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."

Last edited by fredc84; Oct 18, 2016 at 9:16 am
fredc84 is offline  
Old Oct 30, 2016, 4:43 pm
  #2321  
 
Join Date: Nov 2011
Posts: 335
Sorry for a newbie question, but I currently have some stocks on etrade. I'm thinking about transfering them over to fidelity to take advantage of this offer. I do not trade regularly and feel apathetic about etrade as a trading platform.

1. Is etrade going to charge me any fee to transfer my stocks over?
2. Is this worth the 15k miles? I believe that this is a in kind transfer, so technically this shouldn't affect my investments/tax right?
3. Is this going to complicate my tax return?

Fidelity's commission is actually $2 cheaper, so this might be worth it. What do you guys think?

Thank you very much for your help!
petey2428 is offline  
Old Oct 31, 2016, 7:43 am
  #2322  
 
Join Date: Feb 2013
Location: Miami, FL
Programs: UA 1MM, AA Plat Pro, Marriott LT Titanium, Hyatt Glob, IHG ♢ Amb, Hilton ♢, Hertz Pres
Posts: 6,010
Originally Posted by petey2428
Sorry for a newbie question, but I currently have some stocks on etrade. I'm thinking about transfering them over to fidelity to take advantage of this offer. I do not trade regularly and feel apathetic about etrade as a trading platform.

1. Is etrade going to charge me any fee to transfer my stocks over?
2. Is this worth the 15k miles? I believe that this is a in kind transfer, so technically this shouldn't affect my investments/tax right?
3. Is this going to complicate my tax return?

Fidelity's commission is actually $2 cheaper, so this might be worth it. What do you guys think?

Thank you very much for your help!
Re #2 - yes. It has no effect on your investment since it is an in-kind transfer and as you point out the commission is $2 cheaper so you'll be better off.

Some companies charge an account closure fee of up to $75 so you'll need to check with e-trade to see if they do/will. I'd still do it for the 15k miles even so.

Fidelity did not send me any tax forms. So the onus would be on you to file should you choose to do so.
TravelinSperry is offline  
Old Oct 31, 2016, 9:41 am
  #2323  
Original Member
 
Join Date: May 1998
Location: NYC
Programs: AA 2MM, Bonvoy LTT, Hilton Diamond
Posts: 14,620
Depending on how much you are transferring into Fido, you may want to consider the cash bonus offers instead.

$250K -> $600
$500K -> $1,200
$1m -> $2,500
seawolf is offline  
Old Oct 31, 2016, 9:47 am
  #2324  
Original Member
 
Join Date: May 1998
Location: NYC
Programs: AA 2MM, Bonvoy LTT, Hilton Diamond
Posts: 14,620
Originally Posted by petey2428
Sorry for a newbie question, but I currently have some stocks on etrade. I'm thinking about transfering them over to fidelity to take advantage of this offer. I do not trade regularly and feel apathetic about etrade as a trading platform.

1. Is etrade going to charge me any fee to transfer my stocks over?
2. Is this worth the 15k miles? I believe that this is a in kind transfer, so technically this shouldn't affect my investments/tax right?
3. Is this going to complicate my tax return?

Fidelity's commission is actually $2 cheaper, so this might be worth it. What do you guys think?

Thank you very much for your help!
E*Trade fee schedule
$25** for partial transfers
$75 for full transfers

**Following a partial transfer, customers with a remaining account balance of greater than $5,000 will not be charged the partial transfer fee.
There may be some (minor) effect on tax return because you can not transfer fractional shares. For example, you originally purchased 100 shares of APPL. If you normally set up your dividends to be automatically be reinvested, you may end up with 100.493 shares. When you do a in-kind transfer, only the full shares (100) will be transferred. The remaining 0.493 shares will be automatically sold when the transfer is complete and the the proceeds will be transferred over as cash. This is a generally a taxable event if you are transferring a non-retirement account.
seawolf is offline  
Old Nov 4, 2016, 6:08 pm
  #2325  
 
Join Date: Aug 2003
Location: Seattle, WA. USA
Programs: MR, AA, UA, DL, AVIS and growing
Posts: 1,172
Just got approval for my 5th FIDO Airline 50k mileage award.
250,000 FF miles awarded in 5 years.

What a nice brokerage.
euromannn is offline  

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