2015 Updated Mileage Bonuses for Fidelity Brokerage Accounts
When it comes to earning points and miles, lucrative credit card sign-up bonuses aren't the only way to score big. Online brokerages frequently offer airline miles as incentive to earn your business.
I've personally been able to take advantage of two 50,000 mile bonuses offered by Fidelity Investments for new brokerage accounts, boosting both my Delta SkyMiles and United MileagePlus balances, and I'm going for it again this year.
Through March 31, 2015, Fidelity is awarding bonus American, Delta, or United miles when you open and fund a non-retirement brokerage account or add to an existing one.
| Deposit Amount | $25,000+ | $50,000+ | $100,000+ |
|---|---|---|---|
Miles Earned | 15,000 | 25,000 | 50,000 |
The terms are similar for each offer, and you can use the links below to earn bonus miles in whichever program you prefer:
- American Airlines AAdvantage Fidelity Offer
- United MileagePlus Fidelity Offer
- Delta SkyMiles Fidelity Offer
My Thoughts
If you've got cash to invest, you can rack up a ton of frequent flyer miles by opening Fidelity Brokerage accounts; however, I recommend reading through the complete rules first. Going for 50,000 miles could be worth it, especially since the miles have posted quickly when I've done this before, however you do have to keep the money in the account for 9 months, so keep that in mind.
Using my most recent monthly valuations, 50,000 Delta SkyMiles is worth $650, 50,000 United MileagePlus Miles is worth $750, and 50,000 American AAdvantage miles is worth $850, so there's value to be had with these offers.
Check out this Flyertalk thread for more anecdotal evidence from others who have participated in these offers from Fidelity before.
Terms and Conditions
This offer is valid for new or existing Fidelity customers. In order to receive miles, you must open and fund or deposit net new assets into an eligible joint or individual nonretirement Fidelity Account®. Deposits of $25,000 to $49,999 will receive 15,000 miles, deposits of $50,000 to $99,999 will receive 25,000 miles and deposits of $100,000 or more will receive 50,000 miles. Net new assets means external new money in minus money out, including distributions and transfers, during the qualification period.
This offer expires March 31, 2015, 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, or eligibility criteria, may apply. Offer is limited to one per individual per rolling 12 months and may not be combined with other offers.[card card-name='Chase Sapphire Preferred® Card' card-id='22125056' type='javascript' bullet-id='1']
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1X | Choose to earn up to 1X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases |
Pros
- Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Designed primarily for members seeking a premium, all-in-one card
- Earn points on housing with no transaction fee
- Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.