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Fidelity has launched a new promotion that’s offering a $100 Amazon gift card when opening both a spending account and investing account and depositing $200. With no monthly or annual fees, this is an easy way to earn a $100 Amazon gift card, but be aware that it’s not available to anyone who already has a Fidelity Account or Fidelity Cash Management Account.
The Deal
- Open a spending account and investing account and deposit $200 to get a $100 Amazon gift card.
- Direct link to offer.
Key Terms
- Must open both accounts to qualify.
- New accounts must be funded within 60 days.
- Fidelity customers who currently have an existing brokerage or cash management account are not eligible for this offer.
- Offer is nontransferable, limited to one per individual per rolling 12 months, and may not be combined with other offers.
- 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.).
- Account holders must maintain the minimum qualifying account balance (minus any losses related to
trading or market volatility, or margin debit balances) at Fidelity for at least nine months from the date
on which the final qualifying deposit is made, or Fidelity may charge the account the cost of the gift
card.
Quick Thoughts
This is a quick and easy way to earn a $100 Amazon gift card seeing as all you have to do is open a couple of accounts and deposit $200. There are no monthly or annual fees to worry about; trades cost $4.95, but there’s no need to make any trades if all you want is the $100 gift card signup bonus.
You’re sadly not eligible for this bonus if you currently have a brokerage or cash management account, or if you received a similar bonus within the last 12 months. Doctor of Credit notes that there was a $200 signup bonus a few months ago, so if you jumped on that offer you’ll have to sit this one out.
Be sure to leave your $200 deposited for at least nine months, otherwise Fidelity will claw back $100.
There’s no expiry date on this offer, but it’s likely to be popular and so it’d be best to sign up ASAP if you’re interested in taking advantage of the bonus.
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Anybody who has Fidelity CC likely has an individual brokerage account where cashback is deposited. Does it disqualify or is it a different kind of account?
Looks to be working today
Excellent, thanks – I’ve marked the deal as live again.
went to the link…saw this :
“P.S. If you’re looking for our recent Amazon.com offer, it expired on 10/16. Our two accounts are still great options for spending and investing.”
Yep, just saw this – I managed to register myself just before it ended, but saw that message when I went to sign up my wife.
My employer’s 401k is with fidelity so i have an account due to that. Any idea if that bars me from this promo?
I’m assuming a 401k account is different to a brokerage or cash management account, so you should be OK. Either way, it’d probably be worth opening the accounts and depositing the $200 seeing as there are no fees – you’d only be out a couple of bucks in interest if the $200 is sitting in another savings account, but you should earn the $100 Amazon GC.
not worth it
Why not? Leave $200 in the account for 9-12 months to gain $100. You get your whole $200 back at the end when you close.
really?, 50% interest for 9 month term, where else can you get a better investment return on $200….?!?!…I would say more but it wouldn’t be polite.
Any cost to close the account?
No, so long as you don’t close it within 9 months of depositing the $200.