Fidelity Youth Account $50 Bonus

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Fidelity Investments : Fidelity Youth Account

$50

4.3

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Parent or guardian opens the Fidelity Youth Account on behalf of their teen.
  2. Teen activates their new account by downloading the app, creating a login, and agreeing to the T&C.
  3. Bonus will be deposited within 3-5 business days.

Available in Your Area?

Yes

Monthly Fees?

No

Open Online?

Yes

Credit Pull?

Unknown

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at Fidelity

Fidelity is offering a $50 welcome bonus to teens who open a new Youth account. These accounts are one-stop shops for saving, spending and investing. They'll earn 5¢ every time they use their debit card, can automate their savings, invest in US stocks and Fidelity mutual funds – and parents can oversee it all, getting notified of their teen's trades and transactions.

A parent or guardian needs to first have their own Fidelity brokerage account in order to open the youth account for their teen, but if you're new to Fidelity, you can not only open both accounts at the same time, but you'll also earn $100 bonus yourself once you fund your new account.

How To Earn The Bonus

The Fidelity Youth Account promotion requires you to complete the following in order to earn the $50 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • Parents or guardian of the teen must have their own Fidelity brokerage account to start the account opening process. Both accounts can be opened at the same time, if you don't already have an account.
  • Eligible account types include retail accounts, such as The Fidelity Account (brokerage), the Fidelity Cash Management Account, Fidelity retail IRA accounts, and managed accounts. Workplace accounts, such as 401(k)s and 403(b)s do not qualify to open a Fidelity Youth Account.
  • Offer is limited to one Youth Account per teen.

How does this investment offer from Fidelity compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

J.P. Morgan

Self-Directed Investing

Bonus
up to $700
Account Type
Investment
Expires In
32 days
Requires
  • Min Balance

M1

M1 Invest

Bonus
up to $500
Account Type
Investment
Expires In
197 days
Requires
  • Min Balance

Tradestation

Brokerage Account

Bonus
up to $3500
Account Type
Investment
Expires In
Limited Time
Requires
  • Min Balance

Why Fidelity Investments?

Fidelity Youth Account

The Fidelity Youth Account is a place where teens 13 to 17 can learn to spend, save, and invest most US stocks, ETFs, and Fidelity mutual funds. This account comes with a free debit card and no account fees or minimums. Parent or guardian is required to have or open an account for this account to be opened.

Fees

Fidelity Youth Account does not charge a monthly maintenance fee.

Share Your Thoughts or Questions

There have been 1 comment about the Fidelity Youth Account $50 Bonus.

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Nicholas

November 15, 2023

It's neat that Fidelity has an account for teens like this. I might suggest this to some of my coworkers who have children. Of course, if you don't need an account for someone under 18, you can get a bigger bonus for a regular Fidelity brokerage account or the Fidelity Bloom account.

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