Fidelity 100,000 Miles Offer

Update: You can only get 50,000 miles per year.  The 100,000 deal is dead.  Oh well, you can still pick up an easy 50K without pulling your credit.

This doesn’t require applying for a credit card, which is nice, but it does require you to have some cash laying around, which might not be a possibility for everyone.  I saw a post from ThePointsGuy who talked about getting 50,000 United Mileage Plus miles and 50,000 SkyMiles from Delta from a Fidelity promotion.  I was very intrigued and couldn’t wait to give this a shot.

For some crazy reason Fidelity has an offer that will give you 50,000 United Mileage Plus miles if you deposit $100,000 in a trading account with them.  Before you click to navigate away from the page you’ll be shocked to learn that you don’t have to add all $100,000 at a time.  You can add and take away to account for the entire $100,000.  If you have $10,000 laying around then you still might be able to make this offer happen.  It will require some time, but could definitely pay off if you have the patience.

Fidelity’s 100,000 miles offer

Use this link to apply for this offer:

United Airlines
Delta Airlines

Here are the steps to getting this amazing offer:

  1. Use the above links to apply and open the United Airlines offer first.
  2. Fund the account with $100,000 however you can within the first 90 days of having the account open.  Maybe you have a rich parent who has some money laying around, who knows, but find some money and deposit and withdraw until you have it done.
  3. Wait until your 50,000 total miles and celebrate by taking a trip.

Once you have gotten your 50,000 miles from United Airlines you can open a new account under the Delta link above.

  1. Apply for the Delta Offer
  2. Fund the account however you can.
  3. Celebrate with your 50,000 Delta miles that won’t get you anywhere.  JK

Just maybe a couple hours work and you get 50,000 Mileage Plus miles and 50,000 SkyMiles.  That is easily worth $2000 and puts you that much closer to your next vacation.  You can’t beat $500 per hour.  Not too many people can claim that.

We’ve written before about great TD Ameritrade offers that help you to accrue Starwood Preferred Guest points and I’m a benefactor of those 20,000 points.  I have yet to do this offer, but I’m working on opening my account after I finish this post.  I’ll definitely have to deposit and withdraw a few times to hit the magic number, but I’ll get there.

I have been rather cautious lately because I might be needing a loan in the next few months so I haven’t been applying for many credit cards.  It has been depressing watching other people score great deals and having to sit on the sidelines.  This is a great option for anyone who is in that boat.  Keep in mind that I haven’t scored these miles yet, but ThePointsGuy already got his 100,000 and has been mighty satisfied.  You can also read a slew of information on the Flyertalk post that has the information of many other people who have scored this deal.

Here are the Terms and Conditions for the deal:

This promotional offer is only available to new or existing Fidelity brokerage account customers opening or depositing new assets into a joint or individual nonretirement Fidelity Account®. This offer expires October 1, 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, 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 and estate accounts); college investment trust accounts; 529 college savings plan accounts; annuities; Fidelity accounts managed by Strategic Advisers, Inc. (for example Portfolio Advisory Services); Institutional Weath Services (IWS) clients; and clients of registered investment advisors working with Fidelity Investments. Offer not valid for government officials, candidates for federal, state or local office, as well as state employees and employees of municipalities, commissions, agencies, public universities and health care programs, or any other public entity that can influence decisions involving Fidelity as a service provider to that public entity; union officials or employees, non-U.S. residents or persons and members of their immediate families and households affiliated with or employed by FINRA or its member firms, Fidelity or its affiliates, a securities exchange or its members, or the media. Public officials or candidates for office may be subject to state or local gift laws.

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.). Your Fidelity account must remain open with the qualifying funding for six months from the date that 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 the cumulative 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 90 days of Fidelity account opening. For new money deposited into existing accounts, all deposits must be made within 90 days of registering for the offer.

Make sure you pick up some hotel points to go with your 50,000 United miles.  With the Starwood Preferred Guest® Credit Card you can earn up to 25k bonus Starpoints®: 10K after your first purchase and another 15k after you spend $5K in purchases on the card within the first 6 months.

 

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