United Airlines has partnerships with Fidelity and ShareBuilder that allows MileagePlus customers the opportunity to earn miles for signing-up and investing money with these companies. The amount of miles you can earn is determined by the amount of money you have to invest. The good new is between the two companies there is an option for people at all investment levels.
For those who have $25,000+ to invest, Fidelity's offer is better.
Fidelity currently offers MilagePlus customers the opportunity to earn up to 50,000 Mileage. The current offer is tiered with those investing $25,000 to $49,999.99 earning 15,000 miles, $50,000 to $99,999.99 earning 25,000 miles and $100,000+ earning 50,000 miles.
The terms and conditions state that you must open a new non-retirement account or add new money to an existing brokerage account. Those opening a new account have 60 days to transfer the funds to earn money; while those adding new money to an existing account have 30 days to make the transfer to qualify for the miles.
For those with significantly less money to invest, like me,
Sharebuilder is the offer to look at.
The current offer from ShareBuilder is 2,000 miles after opening a new account and making your first trade.
The offer does not have restrictions on the type of account, other than it being an investment/brokerage. You can open up general investment, retirement or custodial accounts.
Also, unlike the Fidelity offer, there is no minimum investment required. However, you will need enough money to complete your first trade; therefore, you could call that the minimum investment.
I would be remiss not to give a warning here. Investing money comes at a cost. Each of the companies charges to make trades on your behalf. Please look at the cost sheet before making the decision to sign-up for either promotion. If, like me, you are in the market to start investing money, these are good (not great - I have seen better) offers to use.
Happy Investing!
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