Bloom is a financial app from Fidelity. It is currently offering a bunch of “easy” offers that add to a decent sum of money for the amount of time and effort it requires.
Signup Link: https://www.fidelity.com/mobile
$50 Signup Offer
You get $50 for signing up. Yes, you are still eligible even if you have a Fidelity account. This signup offer of $50 is limited to one per customer. You can open an account for as low as $25.
Here is the quick terms and condition:
- Most Fidelity Bloom customers are eligible to receive the $50 offer. Customers who already have an account at Fidelity are still eligible for the $50 offer, provided they meet the necessary requirements.
- Some individuals may not be eligible, including Fidelity employees, non-US residents, and persons employed by FINRA or a securities organization in a regulatory capacity.
- The $50 offer is limited to one per customer.
$30 Offer for Depositing $300 in Save Account
Fidelity will match 10% on your first $300 in Save account. So that is an easy additional $30 for $300 deposit into your saving account.
$5 for Checking Out in-app Shopping
Bloom gives you additional $5 (see 2nd screenshot above) for checking out in-app shopping (no purchase required), so this is an extremely easy offer.
I ended up getting $5 twice for cash-back shopping (see 1st screenshot below). Also, Bloom gave me a $1 for free (posted several days before I even got the $50 offer or even used the card).
10 Cent on Each Purchase with Bloom Debit Card
Fidelity Bloom typically offers 10-cent reward for each eligible purchase transaction made using Fidelity Bloom debit card.
Until the end of the year (12/31/22), $1 cashback for every debit card purchase at or over $10 with a maximum reward of $50. Essentially, if you can split a $500 bill into 50 bits (uff) then this is 10% cashback on $500. Purchases under $10 still still get 10 cents.
Overall Thoughts
Great offer. Worth signing up.
