Fidelity brokerage shutdown
Fidelity accounts for p2 were shutdown yesterday, used it as a hub for bank bonuses Likely what triggered was pulling 60k from one bank and then pushing 100k into another bank as soon as it settled. Was shut down 5 days after. Had 20 or so linked accounts and 6 scheduled monthly xfers in and out to satisfy direct deposit requirements. Never used the account for investing either.
Strangely though the fidelity cc is unaffected and open. I was doing 1 Simon order/month on it. Can’t redeem the pts to fidelity for the 2%, but looks like I can transfer the points over to my fidelity cc and redeem that way.
they did lock the account once and warned me to stop transferring money so much and I did reduce it, but seems like once you’ve been warned once it’s very easy to get on their radar again.
Anyone have experience of getting back with fidelity after a shutdown?