Fidelity Youth Bonus: $50 Bonus For Ages 13 - 17 With Account Opening (No Requirements)

Offer at a glance

Maximum bonus amount: $50
Availability: Nationwide
Direct deposit required: No
Additional requirements: None
Hard/soft pull: Soft pull (make sure not to opt in for margins on the brokerage account)
ChexSystems: Unknown
Credit card funding: None
Monthly fees: None
Early account termination fee: None mentioned
Household limit: None listed
Expiration date: None listed

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
4 Our Verdict

The Offer

Fidelity is offering a $50 bonus when you open a Youth account for your teen ages 13 – 17.

Parent must have an account with Fidelity in order to open a Youth account for their child. The Fidelity Youth account is an account where teens 13 to 17 can learn to spend, save, and invest. Your teen will get a free debit card.

The Fine Print

No further investment or trading is required to qualify for the offer.
Parent or guardian of the teen must initiate the application process and once completed, the teen will receive instructions on how to activate their account.
Cumulative bonus awards credited to taxable accounts associated with your teen’s social security number or tax identification number, as applicable, including those held at an affiliate of Fidelity, totaling $600 or more within a calendar year will appear on their consolidated Form 1099.