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Author Topic: Fidelity brokerage account  (Read 2324 times)

Offline txtmax4

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Fidelity brokerage account
« on: August 08, 2010, 02:39:03 PM »
I got an offer on the mail to open a Fidelity brokerage account and earn bonus AA miles.
By depositing $100.000 they give 50.000 miles, $50.000- 25.000 miles or $25.000- 15.000 miles.

Has anyone done it and can you please share your experience? Is it hassle free?
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Offline danR

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Re: Fidelity brokerage account
« Reply #1 on: August 11, 2010, 10:00:45 AM »
i did a joint account with my wife for around 25k and got the 15,000 miles in a week or so. pretty straight forward
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Offline moish

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Re: Fidelity brokerage account
« Reply #2 on: August 11, 2010, 10:02:01 AM »
you could put the 50k in and after the miles post, take out most of the money
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Offline txtmax4

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Re: Fidelity brokerage account
« Reply #3 on: August 11, 2010, 10:44:15 AM »
How much is most? Is it a certain percentage?
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Offline moish

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Re: Fidelity brokerage account
« Reply #4 on: August 11, 2010, 10:49:02 AM »
check it out on flyertalk. i believe people have left as little as $50, but check there to be sure
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Offline Dan

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Re: Fidelity brokerage account
« Reply #5 on: August 11, 2010, 12:32:21 PM »
So fund 100K, get 50K miles, pull the money out, rinse and repeat for your SO's.
Sounds good to me.
Any minimum amount requires to avoid maintenance fees? How long does the account need to be open to avoid early-closure fees?
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Offline moish

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Re: Fidelity brokerage account
« Reply #6 on: August 11, 2010, 12:34:08 PM »
i believe its six months.
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