Banking

Fidelity: Open a youth account and earn a $50 bonus

Right now at Fidelity, teens can get a $50 reward when they open a Fidelity Youth account.

Fidelity Youth is a free app that allows teens ages 13 to 17 the ability to begin making their own money moves while letting their parents stay involved. The best part is, this account has no subscription fees, account fees or minimum balances!

Additionally, teens can earn money by completing lessons on financial basics, setting them up for a brighter financial future. They also earn five cents per debit card use, as well as $10 for each friend they refer! Fidelity will automatically invest your teen’s cash allowing it to earn 4.99%. They can also begin learning how to invest with as little as $1 in US stocks and Fidelity mutual funds.

See more details here. This $50 offer expires on January 31, 2024, but can change at any time.

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