Fidelity has a promotional offer where customers can earn up to 50,000 SkyMiles. The bonus is based on the amount of money deposited with Fidelity. The promotional offer is valid through February 14, 2014 so there is plenty of time to consider the offer and benefits to you.
How To Earn 50,000 With Fidelity
Promotion Bonus
The bonus is tiered based on the amount of money deposited with Fidelity.
- Deposit $25,000 – $49,999 – Earn 15,000 bonus miles
- Deposit $50,000 – $99,999 – Earn 25,000 bonus miles
- Deposit $100,000 + – Earn 50,000 bonus miles
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 February 14, 2014, and it 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 miles to be credited to your SkyMiles account. Your Fidelity account must remain open with the qualifying funding for six months from the date 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 cumulative new assets meet or exceed the next eligibility tier (up to a maximum of 50,000 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.
Bottom Line
I haven’t used this promotion in the past based on not needing Delta miles. But it could be useful for some.
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This isnt limited to Delta, United & American have the same offer. No more cycling kills this deal though.
I wish I had $100,000 to spare, so that I could take advantage of this deal. Unfortunately, I don’t have enough money to do this. Would it be possible to withdraw the money from your account as soon as the miles post? Or do you have to leave the money in the account for the whole year?
1 Sky peso per $2? What a deal.
You’d have to be a fool to take the Skypesos over the UA or AA offer.