Icon Fidelity Bloom®: Save & Spend

Fidelity Bloom®: Save & Spend

  • Finance
View in App Store

Fidelity Bloom®: Save & Spend

  • Finance
4.7
1.4K ratings
Age Rating

4+

View in App Store

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User Reviews for Fidelity Bloom®: Save & Spend

4
Not Bad

Conceptually, it’s a step in the right direction. But, you’re better off getting a cash management account. Bloom doesn’t reimburse for cash withdrawals so it’s really a spending account.However, the app looks great and I love the idea of roundups. I think they should ingrain their CMA into Bloom to make it more useful.

Chrie89, Aug 11, 2022
1
Adding card to Apple Pay

Doesn’t work. Tried taking photo grab and app asked to confirm via text to a phone number ending in 9999 which isn’t mine. Then tried to add account info manually and get a error msg that info added is incorrect. Can’t reach Fidelity on a Sunday. Have four other debit/credit cards in Apple Pay and had no problems adding. Tried leaving feedback on Bloom site but can’t. Probably won’t use as too completed and hard to get through to someone. To good to be true. Not worth the headache of calling and being on hold for 45 mins.

ck675h, Jul 31, 2022
2
Could be amazing, but isn’t

Device: iPhone 13 Pro MaxHonestly its a super well designed app, but it has its flaws and they are very annoying. 1. I wish Face ID would automatically go off as soon as I open the app.2. The app literally forgets your account within less than 24 hours, I literally have to do initial 2 step verification every single day and set up Face ID everyday, its extremely annoying.3. As of today I can’t even use my password manager to log in, it simply stopped prompting me. So now every time the app forgets me, I have to manually type in my password manager generated password, which is kind of frustrating. Other than that its a super nice app once you’ve completely logged in, really just with I didn’t have so many login issues.

dhernandez97, Jul 07, 2022
4
Good App with slow transactions

I’d really like to switch over to this service as my primary account but I’m afraid because transfers from external accounts take almost 2 weeks. With that in mind Im skeptical as to how long a direct deposit from work would take.

disgruntled_investor, Nov 04, 2022
1
Very sketchy

I created an account and deposited $50 for the “deposit $50 get $100” promo. After checking my account a couple days later, it says theres only $5 in my account. When i try to contact customer support it says theres an error so i email them. I then see an immediate email saying that there was a transfer with the account i added so im not sure what is going on now but i feel compromised and now none of my information is safe, and i lost the money i deposited. I would be very careful using this app. 1/10

djensoncart, Sep 30, 2023
2
Not reliable

I downloaded the app and set it up , i must of missed that part about the type of account this would be , it was confusing on how it linked to 401k as a money market , I thought it was just a regular checking savings . As someone have said it takes long time for the transfer funds to be available . I never got my $50 either .

Fit2PharmD, Oct 18, 2022
2
Transfer take ages

Decided to switch to this account and use it as my main bank account. It took just couple days to change my mind. Transferred money from a non Fidelity bank account on September 12th and it settled on September 20th. It takes 1 day for Huntington and almost immediately for most apps like cash app and chime. Why bother using this app?

J24x, Sep 21, 2022
3
Needs real envelopes instead of paper-less

I love the idea of putting money in envelopes and I can put however much I wanted in each envelope. I thought that’s what this app was doing, but I was mistaken. The closest I found was PayPal savings. They have a “goal” you can set and automate how much you want saved every week, two-weeks, or every month. I have a goal for everything and I’m just automating my savings little at a time.I’d like to see something like that with this app, I think it’d be a really nice feature.Also, I’d like the app to stop telling me to connect a bank account, I’m using the app with my other Fidelity accounts, they’re all linked together already.

jimmy_lol, May 24, 2023
4
New to bloom

I’m interested in receiving $.10 on each transaction, as well as rounding up to the nearest dollar. I’m hoping to be able to invest in any cryptocurrency through this app, and I would like to exchange cryptocurrency for buying shares in my fidelity account. I would also like to receive cryptocurrency when selling shares on the markets fair value for the exchange of the cryptocurrency’s fair value.

John W NYS, Oct 01, 2022
4
Great but please add the following feature

Hello,I do like the app. However, I would use it more if I could automatically transfer to savings biweekly instead of “just once” or “monthly.” I don’t know what day my check will fall on next month, for example but if it is biweekly, I can be assured it will hit when my paycheck hits. Please add this functionality 👍

just_a_nice_review1111111, Jul 25, 2022

Description

For a limited time, Fidelity is offering a cash reward for funding your accounts. For complete offer terms, visit Fidelity.com/Bloom. Fidelity Bloom® is a free financial savings app.

It’s also a debit card. And it’s also 2 brokerage accounts: SPEND, for your spending money, and SAVE, for your savings stash.* Our mission? Take the sting out of saving money by rewarding good money moves, and teaching you new money habits to try out IRL. Always free to use.† No subscription fees. +A SAVING/SPENDING PLATFORM THAT PAYS YOU Keeping your spending money separate from where you’re saving can be an essential step toward healthy saving habits. You’ll earn cash rewards for spending and saving money using our finance app. –Saving: We’ll match 10%‡ of up to $300 of deposits to SAVE annually. –Spending: We’ll deposit 10 cents to SAVE with every Fidelity Bloom debit card purchase. And you’ll earn cash-back shopping rewards§ from more than 1,000 retailers with in-app shopping. +A SPACE TO GROW MINDFUL MONEY HABITS You’ll get money tips and practice new habits. –Fidelity Bloom was built by behavioral scientists, who study how and why people make decisions about money management. We use these insights to power every aspect of Fidelity Bloom. –Challenges are short, research-based activities that directly tackle the practical, psychological, and emotional reasons why people struggle to save. –Get helpful savings and budget tips, spending hacks, and opportunities to reflect on your own money habits. +COMMITTED TO YOUR SECURITY AND PROTECTION You’ll be protected from fraud, and your information is kept secure. –We’re offered by Fidelity Investments, rated #1 Overall Broker by StockBrokers in 2022 and most trusted wealth management company by the readers of Investor's Business Daily in 2020.» –Your data and privacy are safeguarded with strong encryption, firewalls, secure email, and proactive 24/7 system surveillance. –The Fidelity Bloom debit card includes transaction alerts, card locks, and fraud text alerts. 1028955.18.0

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