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]
May 6, 2012, 6:39 pm
#121
Join Date: Oct 2002
Posts: 676
Like I said before, I wish I were wrong. Why don't you try cycling and see what happens, compddd. There's a reason why there hasn't anyone reporting that it works or doesn't works; Fidelity is just not posting the miles, so the customers are just waiting and waiting and waiting...
Last edited by Ducati; May 6, 2012 at 8:22 pm
May 6, 2012, 6:43 pm
#122
Join Date: Jun 2011
Posts: 692
Eh?
There's plenty of data points that cycling works and none that it does not. Therefore the proof should be provided by those who are simply stating that it doesn't work, as they are the ones who are claiming that a change has happened. It is perfectly acceptable to challenge other posters, especially if unsubstantiated claims are being made.
There's plenty of data points that cycling works and none that it does not. Therefore the proof should be provided by those who are simply stating that it doesn't work, as they are the ones who are claiming that a change has happened. It is perfectly acceptable to challenge other posters, especially if unsubstantiated claims are being made.
May 6, 2012, 8:03 pm
#123
Join Date: Jul 2011
Location: BNA
Programs: AA, Hilton, PC
Posts: 154
Cycle didn't work
The following steps were taken for Mrs. Baxterboy12. She has never registered for any promos with Fido.
4/16 registered for United promo and funded new acct with 25K
4/20 put new 25K in same account
4/27 withdrew 49K
4/29 deposit 50K
5/1 received e-mail from Fido entitled "Action Needed Regarding Your Fidelity account"
"Thank you for signing up for the Fidelity Account® special offer for United MileagePlus® members.
Unfortunately, our records indicate that you are not currently eligible for this offer because there was a problem crediting your account.
If you have any questions or need further assistance, please call a Fidelity Representative at 800-544-3719."
5/4 called 800 number. Rep said that T&C's require that all deposits after promo registration must remain in account with no withdrawals in order to receive miles. I said why don't you count 2nd deposit of 50K-your rules prevented me from depositing 50K to open account, blah, blah,... Argued with her for 30 minutes. She said that Mrs. Baxterboy12 is ineligible for any promos from Fido for 12 months even though we didn't receive any miles from the UA promo.
I cycled 100K for the Delta promo a couple weeks earlier and only got 25K miles. I registered before April 12, so it seems that the new rules are in place based on when you deposit/withdraw not when you registered for the promo.
4/16 registered for United promo and funded new acct with 25K
4/20 put new 25K in same account
4/27 withdrew 49K
4/29 deposit 50K
5/1 received e-mail from Fido entitled "Action Needed Regarding Your Fidelity account"
"Thank you for signing up for the Fidelity Account® special offer for United MileagePlus® members.
Unfortunately, our records indicate that you are not currently eligible for this offer because there was a problem crediting your account.
If you have any questions or need further assistance, please call a Fidelity Representative at 800-544-3719."
5/4 called 800 number. Rep said that T&C's require that all deposits after promo registration must remain in account with no withdrawals in order to receive miles. I said why don't you count 2nd deposit of 50K-your rules prevented me from depositing 50K to open account, blah, blah,... Argued with her for 30 minutes. She said that Mrs. Baxterboy12 is ineligible for any promos from Fido for 12 months even though we didn't receive any miles from the UA promo.
I cycled 100K for the Delta promo a couple weeks earlier and only got 25K miles. I registered before April 12, so it seems that the new rules are in place based on when you deposit/withdraw not when you registered for the promo.
May 6, 2012, 8:24 pm
#124
Join Date: Oct 2002
Posts: 676
Eh?
There's plenty of data points that cycling works and none that it does not. Therefore the proof should be provided by those who are simply stating that it doesn't work, as they are the ones who are claiming that a change has happened. It is perfectly acceptable to challenge other posters, especially if unsubstantiated claims are being made.
There's plenty of data points that cycling works and none that it does not. Therefore the proof should be provided by those who are simply stating that it doesn't work, as they are the ones who are claiming that a change has happened. It is perfectly acceptable to challenge other posters, especially if unsubstantiated claims are being made.
Last edited by Ducati; May 6, 2012 at 8:52 pm
May 6, 2012, 10:56 pm
#125
Join Date: Jun 2011
Posts: 692
The following steps were taken for Mrs. Baxterboy12. She has never registered for any promos with Fido.
4/16 registered for United promo and funded new acct with 25K
4/20 put new 25K in same account
4/27 withdrew 49K
4/29 deposit 50K
5/1 received e-mail from Fido entitled "Action Needed Regarding Your Fidelity account"
"Thank you for signing up for the Fidelity Account® special offer for United MileagePlus® members.
Unfortunately, our records indicate that you are not currently eligible for this offer because there was a problem crediting your account.
If you have any questions or need further assistance, please call a Fidelity Representative at 800-544-3719."
5/4 called 800 number. Rep said that T&C's require that all deposits after promo registration must remain in account with no withdrawals in order to receive miles. I said why don't you count 2nd deposit of 50K-your rules prevented me from depositing 50K to open account, blah, blah,... Argued with her for 30 minutes. She said that Mrs. Baxterboy12 is ineligible for any promos from Fido for 12 months even though we didn't receive any miles from the UA promo.
I cycled 100K for the Delta promo a couple weeks earlier and only got 25K miles. I registered before April 12, so it seems that the new rules are in place based on when you deposit/withdraw not when you registered for the promo.
4/16 registered for United promo and funded new acct with 25K
4/20 put new 25K in same account
4/27 withdrew 49K
4/29 deposit 50K
5/1 received e-mail from Fido entitled "Action Needed Regarding Your Fidelity account"
"Thank you for signing up for the Fidelity Account® special offer for United MileagePlus® members.
Unfortunately, our records indicate that you are not currently eligible for this offer because there was a problem crediting your account.
If you have any questions or need further assistance, please call a Fidelity Representative at 800-544-3719."
5/4 called 800 number. Rep said that T&C's require that all deposits after promo registration must remain in account with no withdrawals in order to receive miles. I said why don't you count 2nd deposit of 50K-your rules prevented me from depositing 50K to open account, blah, blah,... Argued with her for 30 minutes. She said that Mrs. Baxterboy12 is ineligible for any promos from Fido for 12 months even though we didn't receive any miles from the UA promo.
I cycled 100K for the Delta promo a couple weeks earlier and only got 25K miles. I registered before April 12, so it seems that the new rules are in place based on when you deposit/withdraw not when you registered for the promo.
May 6, 2012, 10:58 pm
#126
Join Date: Dec 2010
Posts: 1,310
May 6, 2012, 11:26 pm
#127
Join Date: Mar 2012
Location: Los Angeles, CA
Posts: 138
Here is a datapoint for all of you to prove that cycling is still effective and not dead.
I just received my last set of 25,000 miles after cycling an additional 50k to meet the 100k.
Deposit was made 4/30, and withdrawn 5/7.
Proof.
http://screencast.com/t/Mx5v2NClGfx
I just received my last set of 25,000 miles after cycling an additional 50k to meet the 100k.
Deposit was made 4/30, and withdrawn 5/7.
Proof.
http://screencast.com/t/Mx5v2NClGfx
May 6, 2012, 11:32 pm
#128
Join Date: Apr 2011
Posts: 97
I don't believe cycling is dead either, or at least have not seen any clear evidence of that. It does, however, sound like Fidelity is keeping a closer eye on accounts in general when a bonus offer is involved. I think it's possible some accounts will be flagged for cycling, but that has been the case in the past as well. I think there's a good chance that accounts which aren't manually reviewed or flagged will still be able to cycle to meet the bonus thresholds, at least for now.
May 6, 2012, 11:53 pm
#129
Join Date: May 2011
Location: ORD
Posts: 208
While it may not be as recent as some would like to prove cycling isn't dead, I finished an interim cycle on 4/19 and miles AA miles posted 4/20. Just because one or two peoples' accounts threw errors and reps blindly quoted reasons don't mean something's dead...it means you're unlucky.
May 7, 2012, 7:22 am
#130
Join Date: Jun 2011
Posts: 692
While it may not be as recent as some would like to prove cycling isn't dead, I finished an interim cycle on 4/19 and miles AA miles posted 4/20. Just because one or two peoples' accounts threw errors and reps blindly quoted reasons don't mean something's dead...it means you're unlucky.
May 7, 2012, 11:16 am
#131
Join Date: Oct 2002
Posts: 676
Here is a datapoint for all of you to prove that cycling is still effective and not dead.
I just received my last set of 25,000 miles after cycling an additional 50k to meet the 100k.
Deposit was made 4/30, and withdrawn 5/7.
Proof.
http://screencast.com/t/Mx5v2NClGfx
I just received my last set of 25,000 miles after cycling an additional 50k to meet the 100k.
Deposit was made 4/30, and withdrawn 5/7.
Proof.
http://screencast.com/t/Mx5v2NClGfx
As of today, is most of the money from the account withdrawn? If so, aren't you concerned that Fidelity will claw back the miles when they realize that the $100K is not in the account during the 6-month period?
May 7, 2012, 11:17 am
#132
Join Date: Oct 2002
Posts: 676
While it may not be as recent as some would like to prove cycling isn't dead, I finished an interim cycle on 4/19 and miles AA miles posted 4/20. Just because one or two peoples' accounts threw errors and reps blindly quoted reasons don't mean something's dead...it means you're unlucky.
Last edited by Ducati; May 7, 2012 at 12:02 pm
May 7, 2012, 11:52 am
#133
Join Date: Mar 2012
Location: Los Angeles, CA
Posts: 138
When did you start the account? And what was your cycling pattern?
As of today, is most of the money from the account withdrawn? If so, aren't you concerned that Fidelity will claw back the miles when they realize that the $100K is not in the account during the 6-month period?
As of today, is most of the money from the account withdrawn? If so, aren't you concerned that Fidelity will claw back the miles when they realize that the $100K is not in the account during the 6-month period?
Withdrew 24k on 3/30
Deposited 26k on 4/3
Deposited 10k on 4/6
Withdrew 27k on 4/10
Withdrew 10k on 4/20
Deposited 50k on 4/30
Withdrew everything except for a couple bucks on 5/7.
Am I worried about them clawing back the miles? No. Why? Because they were free and I could care less...but it'll be cool if I get a chance to spend them
May 7, 2012, 12:12 pm
#134
Join Date: Oct 2002
Posts: 676
On 03/19/12 I signed up for AA deal & deposited 25k
Withdrew 24k on 3/30
Deposited 26k on 4/3
Deposited 10k on 4/6
Withdrew 27k on 4/10
Withdrew 10k on 4/20
Deposited 50k on 4/30
Withdrew everything except for a couple bucks on 5/7.
Am I worried about them clawing back the miles? No. Why? Because they were free and I could care less...but it'll be cool if I get a chance to spend them
Withdrew 24k on 3/30
Deposited 26k on 4/3
Deposited 10k on 4/6
Withdrew 27k on 4/10
Withdrew 10k on 4/20
Deposited 50k on 4/30
Withdrew everything except for a couple bucks on 5/7.
Am I worried about them clawing back the miles? No. Why? Because they were free and I could care less...but it'll be cool if I get a chance to spend them
May 7, 2012, 2:11 pm
#135
Join Date: Oct 2002
Posts: 676
I don't believe cycling is dead either, or at least have not seen any clear evidence of that. It does, however, sound like Fidelity is keeping a closer eye on accounts in general when a bonus offer is involved. I think it's possible some accounts will be flagged for cycling, but that has been the case in the past as well. I think there's a good chance that accounts which aren't manually reviewed or flagged will still be able to cycle to meet the bonus thresholds, at least for now.