Fidelity Transfer Fee Reimbursement
Fidelity may reimburse another firm’s account transfer fee when you move assets into a Fidelity brokerage account, but reimbursement is not an automatic cash promotion. Fidelity does not charge a fee to move assets in from another institution; however, the outgoing firm may charge a transfer or account-closing fee. Fidelity generally reviews reimbursement requests case by case, especially for larger transfers or customers who already have significant assets at Fidelity.
Read on for more details.
Key Takeaways
•
Fidelity’s account transfer reimbursement may be available for transfers of more than $25,000 in assets or for investors with more than $25,000 in personal investment assets at Fidelity.
• Robinhood offers an alternative to Fidelity’s reimbursement policy for those with less than $25,000 in their account or planning smaller transfers.
• Robinhood requires
only a $7,500 transfer in eligible assets to unlock a reimbursement of up to $75.
How Fidelity’s ACAT Reimbursement Works
Fidelity’s ACAT reimbursement policy is designed to help cover another firm’s asset transfer costs when moving an investing account into Fidelity.
To request reimbursement, you’ll need to complete the transfer first and then contact Fidelity customer service. If your transfer qualifies, Fidelity may reimburse the outgoing firm’s transfer fee after reviewing the request.
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Fidelity’s ACAT (TOA) Transfer Rebate Requirements
The main eligibility requirements are tied to the existing account balance and the value of the transferred assets.
The asset transfer requirement is generally to transfer more than $25,000 in assets. Similarly, you may qualify
for reimbursement if your personal investment assets at Fidelity are more than $25,000. Fortunately, it’s not necessary to satisfy both requirements at the same time. You may be able to take advantage of the transfer reimbursement if you can meet either of the thresholds.
Is Fidelity’s Transfer Rebate Good?
Fidelity transfer-fee reimbursements may appeal to investors with the necessary capital for several reasons.
For one thing, Fidelity is a top-rated broker that has been in operation for decades. The firm is well-established, offers low-cost trading, and provides investors with several valuable tools and services to help them make the most of their investing experience.
Despite the broker’s many positive attributes, investors with less than $25,000 in their account or those planning to make an account transfer lower than $25,000 may not benefit from Fidelity’s account transfer reimbursement policy.
If you are looking for a more accessible transfer rebate offer at a broker that offers the services you need, you’ll need to consider the other options.
Robinhood is a popular alternative to Fidelity, as it offers low-cost trading, cash management, credit card options, cryptocurrency access, and a stellar IRA match program.
Robinhood’s Transfer Rebate Promotion
At Robinhood, you can get a very similar transfer rebate with a much lower transfer threshold. All it
takes is
$7,500 in eligible assets to unlock a refund of up to $75.
You can unlock Robinhood’s transfer rebate with any eligible ACAT transfer (partial or full), but the transfer must come from a compatible account type. If you transfer from an individual or joint brokerage account, a traditional IRA, a Roth IRA, or an eligible custodial account, you may be able to move your assets to Robinhood.
On the other hand, the transfer will not go through if you are transferring from an unsupported account type, such as a trust account, business account, 401(k), or certain other employer-sponsored retirement plans.
Robinhood’s ACAT Rebate Timeline
Getting Robinhood’s ACAT rebate is also straightforward. Once the ACAT transfer is complete, you can contact Robinhood and provide proof of the transfer fee charged by the outgoing firm. Additionally, there is no need to keep the minimum threshold of $7,500 in your account after the rebate has been paid.
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Updated on 6/1/2026.
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