In the dynamic world of finance, where every decision counts, finding the right investment partner is crucial. Fidelity, a renowned name in the financial services industry, not only offers a plethora of investment options but also sweetens the deal with its enticing referral bonus program. In this blog post, we’ll delve into the details of the Fidelity referral bonus, exploring how it works and the benefits it brings to both existing and new investors.
What is the Fidelity Referral Bonus?
Fidelity’s referral bonus program is designed to reward existing clients for introducing their friends, family, or colleagues to the world of Fidelity investments. The mechanics of the program are straightforward: when an existing client refers someone to Fidelity, and that person opens and funds an eligible account, both the referrer and the new client receive a bonus.
How Does Fidelity Referral Bonus Work?
Referral Link or Code
Existing Fidelity clients are typically provided with a unique referral link or code that they can share with potential new clients.
To qualify for the referral bonus, the new client must open and fund an eligible account. Eligible accounts often include brokerage accounts, retirement accounts, and certain cash management accounts.
The new account usually needs to be funded with a minimum amount within a specified timeframe to trigger the referral bonus.
Once the conditions are met, both the referrer and the new client receive their respective bonuses. The bonus is often in the form of cash or commission-free trades.
Fidelity 100 Bonus: $50 for $100 Cash Offer
This Fidelity 100 Bonus promotion applies to individuals, whether they are new or existing customers of Fidelity Brokerage Services LLC or Fidelity Personal and Workplace Advisors LLC (“Fidelity”).
To get qualify, participants must open and fund a new, eligible Fidelity account by December 11, 2023. The account must be funded with a minimum of $50, and the offer code Fidelity100 must be entered during the account opening process.
Participants should not have previously availed themselves of Fidelity’s $50 for $100 cash offer or Fidelity’s $50 for $150 cash offer to be eligible for this promotion.
Each individual is eligible for only one bonus award under this offer.
The bonus award will be credited directly to the eligible account within 10 calendar days following the qualification period.
If you enrol in the offer by initiating the Fidelity Starter PackSM, you can fulfil the funding requirement ($50) by contributing funds to either account separately or by combining contributions across both accounts to meet the minimum requirement.
The bonus reward will then be deposited directly into the Cash Management Account, irrespective of which account received the funding.
The amounts deposited by you to fulfil the offer’s requirements, as well as the bonus award provided by Fidelity, will initially be held in the core position of the eligible account.
Are Fidelity Referral bonuses active 24*7?
No, sometimes they stop the Fidelity referral bonuses program. But still most of the time they run Fidelity special offers. At present Two different special offers are running;
New Fidelity Bloom® customers get a $100 reward
- Fidelity will add $100 to your account if you download their financial app and deposit at least $50.
- Open a Fidelity Youth™ account and your teen will get a $50 reward.
Fidelity Refferal bonus Benefits for Existing Clients
- Financial Incentives: Existing clients can enjoy financial rewards for every successful referral, adding an extra layer of value to their relationship with Fidelity.
- Enhanced Engagement: The referral bonus program encourages existing clients to actively engage with their network, fostering a sense of community and collaboration within the Fidelity investor community.
- Diversification of Networks: By referring friends, family, or colleagues, existing clients contribute to the growth of the Fidelity user base, creating a diverse and robust investment community.
Benefits for New Clients
- Welcome Bonus: New clients who join Fidelity through a referral not only gain access to a reputable financial platform but also receive a welcome bonus, kickstarting their investment journey on a positive note.
- Personalized Onboarding: Referral programs often come with personalized onboarding experiences, helping new clients navigate the platform more seamlessly.
- Access to Expertise: Joining Fidelity through a referral may also provide new clients with access to the expertise and insights of the referrer, creating a supportive environment for learning and decision-making.
FAQs related to the Fidelity Referral Bonus
1. What will the email to my referral contain?
The email sent to your referral will clearly state that you have referred them to Fidelity and will provide comprehensive information about the advantages of Fidelity’s offerings.
2. What is the referral process at Fidelity?
The Fidelity referrals page offers Fidelity customers a convenient method to refer others to Fidelity, enabling them to share the exceptional value and service provided by Fidelity in just a few simple steps.
3. How can I refer someone to Fidelity?
To refer someone to Fidelity, visit the Referrals page on Fidelity.com and click the “Refer Friends and Family” button. Subsequently, copy your unique referral link and share it on your preferred platform. Your referral can click on this link to discover the benefits of everything Fidelity has to offer. Alternatively, you can enter the email address of the person you wish to refer. Once you input your referral’s email address, click “Send,” and Fidelity will directly email the invitation to your referral.
4. What if my referral doesn’t receive the email invitation?
There are several reasons why a referral may not receive the email invitation sent through our referral form. Your referral may have opted out of receiving marketing communications from Fidelity, their email filters may have hindered delivery, or their email address may no longer be valid or could be blocked due to account-related issues.
5. How can I share my link?
You can easily share your link by selecting the “Copy” button and sending it from your accounts or device. For instance, you may choose to send the link via your email, or text message, or by posting it on one of your social media accounts.
The Fidelity referral bonus program is a win-win for both existing and new clients. It goes beyond the traditional client-provider relationship, fostering a sense of community and collaboration in the realm of finance.
So, if you’re considering diving into the world of Fidelity investments, why not do it with a referral and unlock a bonus that adds extra value to your financial journey?