HOT - $10k New Account Fidelity ($200 + $150 Worth Of GC)
Thanks to Admin of hustlermoneyblog
This is for new accounts only can work on your wife's or kids SSN. Fidelity scans all new accounts using SSN number. Also Fidelity is very fast on funding the bonus it take about 3-5 day so it can be done with CC, if you know what your doing.
1. Sign up Link Pick new account, choose next, finally confirm. 2. Sign up Link For United Miles Account If you already have one good. 3. Sign up Link Click open a new account, choose regular investment account, and complete your application. Do not fund the account. Write down your account number. 4. Sign up Link Choose an eligible Fidelity account, enter your account number, then confirm. 5. Log back into your Fidelity account and transfer $10,000 from your bank account.
Breakdown. $200 Will fund your Fidelity Account in about 3-5 days. Link $150 Worth Of GC - 15k United Miles redeemable for GC Link (GC - "Lettuce Entertain") Edit by Moderator: Thank you for participating in the forums. However, this topic has been covered in a recent post Here.
1. You can do the same for american airlines miles also Here
2. I think i remember reading that you can withdraw 10K and redeposit 5 times for max points.
3. What is the deal with CC?
4. The terms say $100 bonus and account should stay open for 6 months. What am i missing here?
sexesc
Member
posted: Nov. 12, 2007 @ 2:27a
1. You can do the same for American airlines miles also Here? Yes you can
2. I think i remember reading that you can withdraw 10K and redeposit 5 times for max points.
3. What is the deal with CC? GC is "Lettuce Entertain" can sell it on eBay.
4. The terms say $100 bonus and account should stay open for 6 months. What am i missing here? You can have your account open all day long by you can withdrew your funds anytime!
said: ...funding the bonus it take about 3-5 day so it can be done with CC, if you know what your doing.
Can you fund with a credit card (CC)?
rawman1
Senior Member
posted: Nov. 12, 2007 @ 3:05a
It seems that you can get 10,000 more miles for a total of 25,000 miles if you transfer the $10K in and out of the account for a total of 5 times in. I believe that most airlines will give a free continental US roundtrip ticket for 25,000 miles.
I got the 200, but the miles haven't posted yet. Btw, it seems that now you could possibly get another 100, if you open a mySmartCash account and move your 10k in there
SSG said: I got the 200, but the miles haven't posted yet. Btw, it seems that now you could possibly get another 100, if you open a mySmartCash account and move your 10k in there
For you who have gotten the bonuses, it would be nice if you posted the time frame instead of merely saying that you got the bonuses.
Will someone comment on whether he/she successfully used the same $10K to fund the mySmart Cash account that was used to initially fund the Fidelity Account amd still received the $100 bonus for the mySmart Cash account?
Has anyone successfully used the same $10K (tranferring it back and forth) to get a total of 25K miles?
It seems that it would be quicker and more convenient if one can transfer the money back and forth between the Fidelity account and the mySmart Cash account instead of transferring back and forth between Fidelity and another institution (unless you pull in the entire $50K, but this defeats the purpose of making the $10K work very efficiently).
As for the miles, I am assuming that the OP is referring to the Lettuce Entertain You gift cards. I suspect that you can get more bang for the buck by getting a free roundtrip ticket (as long as the ticket price is >$250).
craig10x
Senior Member - 5K
posted: Nov. 16, 2007 @ 7:15p
i got the $100 bonus for my old Fidelity Brokerage that i have had for years, by moving $10,000 out of it to my BOA Checking and then moving it back in again....
Then, after opening My Smart Cash, after about two months or so, i transferred $10,000 from my old brokerage to BOA Checking and then moved it back in to My Smart Cash and got the $100 for that...so $200 in total...
Nope, it wouldn't work unless the money first leaves fidelity completely..you can't shift it back and forth under the Fidelity "umbrella" you need to move it out first and then back in again...
DreamR2I
Senior Member
posted: Nov. 17, 2007 @ 1:01a
Since 1 and 3 are same links. Aren't you opening two accounts? Pls explain
sexesc said: HOT - $10k New Account Fidelity ($200 + $150 Worth Of GC)
Thanks to Admin of hustlermoneyblog
This is for new accounts only can work on your wife's or kids SSN. Fidelity scans all new accounts using SSN number. Also Fidelity is very fast on funding the bonus it take about 3-5 day so it can be done with CC, if you know what your doing.
1. Sign up Link Pick new account, choose next, finally confirm. 2. Sign up Link For United Miles Account If you already have one good. 3. Sign up Link Click open a new account, choose regular investment account, and complete your application. Do not fund the account. Write down your account number. 4. Sign up Link Choose an eligible Fidelity account, enter your account number, then confirm. 5. Log back into your Fidelity account and transfer $10,000 from your bank account.
Breakdown. $200 Will fund your Fidelity Account in about 3-5 days. Link $150 Worth Of GC - 15k United Miles redeemable for GC Link (GC - "Lettuce Entertain") Edit by Moderator: Thank you for participating in the forums. However, this topic has been covered in a recent post Here.
wesleman
Senior Member
posted: Nov. 17, 2007 @ 1:28a
Use the first link BEFORE you open your Fidelity account to get the first $100. AFTER you open the account, go back to the link again to get another $100!
Note the option to choose between "new" and "existing" accounts toward the end of the linked page.
DreamR2I said: Since 1 and 3 are same links. Aren't you opening two accounts? Pls explain
DreamR2I
Senior Member
posted: Nov. 17, 2007 @ 2:14a
Additional question:
1. Do you get a/c no. in the first step? If yes, wouldn't there be two a/cs then (1 in step 1st and 2nd in 2nd step)?
wesleman said: Use the first link BEFORE you open your Fidelity account to get the first $100. AFTER you open the account, go back to the link again to get another $100!
Note the option to choose between "new" and "existing" accounts toward the end of the linked page.
DreamR2I said: Since 1 and 3 are same links. Aren't you opening two accounts? Pls explain
NothinisFree
Member
posted: Nov. 17, 2007 @ 2:25a
I have a fidelity 401K account will that affect this?
Also couldnt a person open up the account get the $200 and points? Close the account and then recycle? Just curious.
I have 20K in a Cd that will be up for renewal soon.
When does this promo end?
mickcris
Senior Member
posted: Nov. 17, 2007 @ 2:42a
I opened my account on monday. I have an extra $200 in my account today. I tried for the aa miles since i usually fly with them, but they have not posted yet.
DreamR2I
Senior Member
posted: Nov. 17, 2007 @ 2:44a
I am in the same boat as well. Also, can I do this for myself and my wife and double dip?
NothinisFree said: I have a fidelity 401K account will that affect this?
Also couldnt a person open up the account get the $200 and points? Close the account and then recycle? Just curious.
I have 20K in a Cd that will be up for renewal soon.
When does this promo end?
rawman1
Senior Member
posted: Nov. 17, 2007 @ 3:02a
This site lays it out pretty clearly here This is a link to the same site for instructions to get a total of $300 by adding a mySmart Cash account here (link for the lazy to the site to which SSG was referring)
DreamR2I
Senior Member
posted: Nov. 17, 2007 @ 5:02a
Are there absolutely no cathes for the my smart account? rawman1 said: This site lays it out pretty clearly here This is a link to the same site for instructions to get a total of $300 by adding a mySmart Cash account here (link for the lazy to the site to which SSG was referring)
UncleSam
Addicted Member
posted: Nov. 17, 2007 @ 7:49a
NothinisFree said: I have a fidelity 401K account will that affect this?
Also couldnt a person open up the account get the $200 and points? Close the account and then recycle? Just curious.
I have 20K in a Cd that will be up for renewal soon.
When does this promo end?
I did this deal at the beginning of the year in my wife's name. I had a ROTH IRA in her name but never had an individual brokerage account. The $100 bonus was credited (which is now) but did not get AA miles automatically. However, I called them and even though they pointed out why she was not eligible, they decided to make an exception and credit the miles. It was pretty quick and painless - did not hve to argue.
Recycling for cash bonus will work (I have done it multiple times) but I don't think miles will work. The only reason it worked in the first example was bacause it was the first time for miles and that too it was treated as an exception.
UncleSam
Addicted Member
posted: Nov. 17, 2007 @ 7:51a
I also have a question:
Can you open an individual brokerage acct in a kids name and can you give your own FF number?
FloorsMat
Senior Member
posted: Nov. 17, 2007 @ 7:56a
Deposited the money on Wednesday, $200 showed up in my account today. Thanks!
abracadabra11
Ancient Member
posted: Nov. 17, 2007 @ 8:44a
What are the requirements of the account? Accounts must be maintained for a minimum of six months Minimum balance? None that I can find.
How easily does Fidelity allow external transfers? i.e. Is it possible to transfer 10k into the fidelity account and then transfer it out once the bonus has posted? Seems like some money needs to be left in the account, but I'm not sure exactly how much. There doesn't seem to be any fee associated with leaving the account open with little to no funding.
xl0217
New Member
posted: Nov. 17, 2007 @ 12:30p
There seems no minimum balance requirement. And the Fidelity Money Line takes only 1 day to transfer money out/in. But you have to wait for 7-10 days before the Money line is set up. So I transfered my money out 7 days after I got the bonus and only left $10 there.
abracadabra11 said: What are the requirements of the account? Accounts must be maintained for a minimum of six months Minimum balance? None that I can find.
How easily does Fidelity allow external transfers? i.e. Is it possible to transfer 10k into the fidelity account and then transfer it out once the bonus has posted? Seems like some money needs to be left in the account, but I'm not sure exactly how much. There doesn't seem to be any fee associated with leaving the account open with little to no funding.
WalStMonky
Happy Member
posted: Nov. 17, 2007 @ 1:15p
rawman1 said: Has anyone gotten $200 and 25,000 miles?
Yes. So did my wife. We enjoyed a nice vacation in San Francisco in April. Hotel room was free for opening a Starwood Preferred AMEX. And my wife says I'm tight a buck!
NothinisFree
Member
posted: Nov. 17, 2007 @ 3:22p
So you can technically get $200 for opening the fidelity, $100 for opening up the smartcash, and 15,000 points as well?
Followed the steps in OP, will see what happens next week. Want to clarify one thing though: when opening the account it was asking for a min of 2.5K. If I get the bonus and move original 10K back leaving $200 in this account do I have to pay any fees for having it open for the next 6 month?
DreamR2I
Senior Member
posted: Nov. 18, 2007 @ 1:16a
One final question before I jump in - Any hard pulls on the credit report?
RagingBull
Ancient Member
posted: Nov. 18, 2007 @ 2:11a
so to get the $100 bonus for exisitng customers, you need to open up that smart checking account and transfer $10k from another bank account? if you just transfer $10k from the other bank you won't get the $100? Is it max of $200 for existing customers ?
rawman1
Senior Member
posted: Nov. 18, 2007 @ 5:08a
DreamR2I said: One final question before I jump in - Any hard pulls on the credit report?
RagingBull said: so to get the $100 bonus for exisitng customers, you need to open up that smart checking account and transfer $10k from another bank account? if you just transfer $10k from the other bank you won't get the $100? Is it max of $200 for existing customers ?
Excerpt from the small print on this page: "Existing Fidelity Brokerage customers must provide the information requested above and then deposit or transfer in at least $10,000 in assets to their individual or joint Fidelity Account."
Does this mean that you can get $100 for every $10K that you transfer to your Fidelity Account as long as you fill out the form each time that you send in money? If so, we need to factor this instant 1% into the effective rate for the money market fund.
Some posters in the big Fidelity thread report that existing customers have successfully gotten bonus money ($100 for transfer of $10K and $100 for opening mySmart Cash account) but no miles.
xl0217
New Member
posted: Nov. 18, 2007 @ 11:39a
No,it says "To qualify to have $100 deposited into your account, you will need to open an eligible Fidelity account and fund it with at least $10,000." So it is not $100 for every $10k.
rawman1 said: Does this mean that you can get $100 for every $10K that you transfer to your Fidelity Account as long as you fill out the form? If so, we need to factor this instant 1% into the effective rate for the money market fund.Q]
kgkg
Member
posted: Nov. 18, 2007 @ 2:36p
Will fidelity do a soft inquiry or hard inquiry on your credit report?
rawman1
Senior Member
posted: Nov. 18, 2007 @ 3:53p
kgkg said: Will fidelity do a soft inquiry or hard inquiry on your credit report?
Did you read the thread? The answer is readily apparent. Look 3 posts up from yours.
UncleSam
Addicted Member
posted: Nov. 18, 2007 @ 8:08p
starcrossed said: sexesc
said: ...funding the bonus it take about 3-5 day so it can be done with CC, if you know what your doing.
Can you fund with a credit card (CC)?
I am also interested in lnowing how do you fund it with a Credit Card.
Also has anybody done this by opening an account in a minor's name.
TIA
mickcris
Senior Member
posted: Nov. 20, 2007 @ 12:25a
mickcris said: I opened my account on monday. I have an extra $200 in my account today. I tried for the aa miles since i usually fly with them, but they have not posted yet. My aa miles are now showing. It took less than a week.
--- Thank you for taking advantage of the $100 offer from Fidelity. In order to complete your registration, we need you to contact us because there was a problem crediting your account.
Please email or call 800-544-6666 at your earliest convenience.
Once we've verified that your information is complete, we'll send you an email within 7 days to confirm that $100 has been credited to your account. Again, thank you for doing business with Fidelity. ---
Called them up and was told that they don't see any issues with my account. Anyone else gotten the same email?
Got same email. It was made clear in several posts already not to call in response to this email...
My problem is that I cannot trade yet... I get this error: "Trade Message(009972) The account specified in this order is restricted. Please call a Fidelity Representative at 1-800-544-6666."
Maybe I need to wait 4 days for the ACH funds to clear ?
AaRdVarK
Senior Member
posted: Nov. 20, 2007 @ 10:09a
DiMAn0684 said: Got the following email from Fidelity:
--- Thank you for taking advantage of the $100 offer from Fidelity. In order to complete your registration, we need you to contact us because there was a problem crediting your account.
Please email or call 800-544-6666 at your earliest convenience.
Once we've verified that your information is complete, we'll send you an email within 7 days to confirm that $100 has been credited to your account. Again, thank you for doing business with Fidelity. ---
Called them up and was told that they don't see any issues with my account. Anyone else gotten the same email?
I received the same email. I got $200 for opening my Brokerage account. Then I tried to get the additional $100 for opening up a mySmartCash account, which is what triggered the email. I haven't transferred in the 10k yet, so I'm going to do that before I contact them.
Skipping 80 Messages...
ArbolLoco
Tired Member
posted: Dec. 2, 2007 @ 2:22p
FIDELITY said: Typically, Cash Back rewards from credit cards are treaded as a rebate or discount in price and not taxable. However, you should contact a licensed tax advisor regarding the taxation of reward dollars earned.
If you have further questions, please send us another message anytime. You can also contact a Fidelity representative 24 hours a day, 7 days a week, at 800-544-6666. We appreciate your business.
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