Gaming Fidelity’s Mileage Offers

Fidelity offers miles for opening and funding brokerage accounts, up to 25,000 United, Delta, or American miles for $50,000 deposited.

That’s a pretty good tax free return in a market where making a decent taxable return is iffy at best. (And via Free Frequent Flyer Miles, Delta is offering a 25% bonus on miles earned through their financial partners until July 15.)

But the real trick is this: a Flyertalk thread suggests that you don’t really need to deposit $50,000 to earn the 25,000 miles … you can deposit, withdraw, and re-deposit the same money to reach $50,000 in total deposits (eg the same $10,000 deposited 5 times).

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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