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Old May 21, 14, 9:08 am   -   Wikipost
FlyerTalk Forums Thread Wiki: Fidelity Bonus offers for airline miles & hotel points ONLY
Please read: this is a community-maintained wiki post containing the most important information from this thread.
 
Last edit by: onthego15
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.

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.

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Old Jun 21, 10, 8:19 am   #1
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,611
Fidelity Bonus offers for airline miles & hotel points ONLY

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:

Fidelity Bonus offers for airline miles & hotel points ONLY

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:

[Consolidated] Fidelity bonus offers for all airlines

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:

[Consolidated] Fidelity bonus offers for all airlines

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, 13 at 4:22 pm.
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Old Apr 23, 12, 3:40 pm   #2
Moderator: Credit Card Programs & Chase Ultimate Rewards
 
Join Date: Aug 2002
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Programs: Hilton Gold; Club Carlson Gold; IHG Plat.
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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: [Consolidated] Fidelity bonus offers for all airlines

Your MB! mods.
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Last edited by philemer; Apr 23, 12 at 4:09 pm.
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Old Apr 23, 12, 3:40 pm   #3
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Old Apr 23, 12, 4:10 pm   #4
 
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Great. Thanks mods. I'll do my best to keep this thread current - so if anyone has updates for the first post, please PM me.
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Old Apr 23, 12, 4:22 pm   #5
 
Join Date: Dec 2006
Location: USA
Programs: DL Gold, All major Airlines, Hyatt/Choice/IHG Plat, Marriott/SPG/HH/CC Gold & other major programs
Posts: 1,310
Am I missing something? No hotel points mentioned here ...
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Old Apr 23, 12, 4:26 pm   #6
 
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Quote:
Originally Posted by gv111 View Post
Am I missing something? No hotel points mentioned here ...
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.
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Old Apr 23, 12, 4:58 pm   #7
xp0
 
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Interestingly enough, it has almost been a year since all of my previous double dips so it might be time to start with the Amex MR. I will check back in about a month. Thanks!
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Old Apr 23, 12, 4:59 pm   #8
 
Join Date: Jul 2006
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Quote:
Originally Posted by xp0 View Post
Interestingly enough, it has almost been a year since all of my previous double dips so it might be time to start with the Amex MR. I will check back in about a month. Thanks!
Well, to complete my previous post, while that was once available, it really is no more. Amex isn't an option currently.
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Old Apr 23, 12, 6:11 pm   #9
 
Join Date: Nov 2010
Location: South NJ
Posts: 245
Is cycling cash in/out to reach the required threshold still acceptable under the new terms? Is it too early to tell?

I'd offer to be the guinea pig but unfortunately I don't qualify under the 12-month rule.
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Old Apr 23, 12, 8:07 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.
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Old Apr 23, 12, 10:38 pm   #11
xp0
 
Join Date: Nov 2009
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Quote:
Originally Posted by josephstern View Post
Well, to complete my previous post, while that was once available, it really is no more. Amex isn't an option currently.
Ahh yes, I just clicked the Amex MR link and noticed that. Maybe it will be available in a month or two when I am ready

Thanks!
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Old Apr 24, 12, 8:37 am   #12
 
Join Date: Oct 2008
Posts: 9
For anyone who opened a Fidelity account recently - how long did it take for your miles to post?

-magnate
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Old Apr 24, 12, 11:46 am   #13
 
Join Date: Dec 2010
Posts: 938
How long do you have to keep the money in the account to get the points? Certain minimum amount of time?
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Old Apr 24, 12, 2:34 pm   #14
 
Join Date: Feb 2010
Location: NYC
Programs: UA, AA
Posts: 505
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.
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Old Apr 24, 12, 3:42 pm   #15
 
Join Date: Dec 2010
Posts: 938
I have a Fidelity account through my employer, would I still be eligible as a "new" Fidelity customer?
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