Update: Here is an alternative bonus for the Fierce app: a if you open a new account and deposit $250. The terms suggest you can’t combine this with the deposit bonus below, so I would just do this bonus if you don’t want to deposit $10,000+ for a larger bonus below. also has their own bonus (currently I see 3,000 SB for a $25 deposit).
After signing up for Fierce, I also received notice of two follow-up bonuses via app and e-mail. $10 bonus for your first $10+ stock purchase, and a separate $10 bonus for your first $10+ crypto purchase. Basically another easy $20. Here is the :
To qualify for the Trading Bonus, you are required to have a Fierce account in good standing that has not previously purchased stock or crypto. The customer must initiate cumulative new stock or crypto orders, according to the Trading Bonus table below, between the time the offer is received and 11:59 pm ET on October 31st 2023. The cumulative value or greater must remain in your Fierce Stock or Fierce Crypto account for a minimum of 30 days. The Trading Bonus will be credited directly to your Fierce Cash account at the end of the following month. Accounts must be kept open for 90 days from the time of qualifying. Normal account service charges and miscellaneous charges may apply to the Fierce account, which may reduce earnings. Limited to 1 Stock Trading Bonus payment per customer and 1 Crypto Trading Bonus payment per customer, or a total of $20 in bonus payment per customer.
Trading Bonus:
$10 cash bonus for stock purchases equalling $10 or greater.
$10 cash bonus for crypto purchases equalling $10 or greater.
Original post:
is another small fintech with big ambitions. Currently available as an (Android “coming soon”), it combines a checking account, stock trading, and crypto. Notably, the checking account pays 5.25% APY and has new customer bonus of up to $500 depending on deposit size. Additional details below.
Banking
- 5.25% APY (as of 9/12/23) on the Fierce Checking Account.
- No monthly fees, no minimum balance requirement.
- Banking services provided by Cross River Bank, Member FDIC.
- Uses the Allpoint ATM network of 55,000 surcharge-free ATMs worldwide.
- “Live Support via phone, email, or live chat.”
Investing
- It says “zero management fees”, I can only guess they also have zero stock commissions like nearly everyone else.
- Brokerage services provided by FIN2, member FINRA and SIPC.
- “Earn yield on your stocks” – I’m guessing this is also just .
- Regulated Crypto Trading in all 50 states.
Deposit Bonus details. If you open a new Fierce account and reach one of the deposit tiers below within 30 days of account opening, keep it there for 180 days, and keep your account open for 210 days, you can receive the following bonus amount:
- $25 for deposits of $1,000+
- $100 for deposits of $10,000+
- $200 for deposits of $30,000+
- $500 for deposits of $100,000+
If everything goes perfectly, the $100 for $10,000 deposit tier would add about 2% to your APY over that period (in reality probably a little less). As long as they maintain their currently competitive interest rate, it’s not a bad combined total return for 6-7 months.
Full terms and conditions from the App Store page:
The Deposit Bonus offer is only available to new customers that meet all current account opening requirements.
To qualify for the Deposit Bonus, you are required to open a new Fierce account and initiate cumulative new money deposits, according to the table below, within 30 days of account opening. The cumulative value or greater must remain in your Fierce account for a minimum of 180 days. The Deposit Bonus will be credited to your Fierce Cash account at the end of the following month. Accounts must be kept open for 210 days from the time of qualifying. Normal account service charges and miscellaneous charges may apply to the Fierce account, which may reduce earnings.
Deposit Bonus:
$25 for deposits of $1k+
$100 for deposits of $10k+
$200 for deposits of $30k+
$500 for deposits of $100k+The Deposit Bonus offer cannot be used in combination with any other Fierce promotional offer. For tax purposes, the value of the bonus will be reported to the IRS on Form 1099-INT. Fierce reserves the right to limit an individual to one account-related gift incentive per rolling 12-month period. Accounts closed at the time of bonus payment are not eligible. Offer is subject to cancellation without notice and cannot be combined with any other bonus offer. Fierce is not responsible for, and will not honor, promotional offers that appear on third-party websites that are not authorized by Fierce.
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