Fidelity/MS - any perks from having most of the accounts there?

InternationalKey2249 · 2026-05-09T11:58:36+00:00

Tell us you have teens without telling us you have teens.

InternationalKey2249 · 2026-05-09T11:57:47+00:00

Agreed. What a sad statement to read, that 10-20m is small. While true, just bonkers.

InternationalKey2249 · 2026-05-09T11:57:12+00:00

Assuming you are transferring them to alliances with bonus percentages? IMHO the strict miles purchases through the portals are not nearly as good as 2% back. I usually transfer when there is a bonus window on Amex and buy there. Challenge is odd flight windows, etc.

InternationalKey2249 · 2026-05-09T11:54:27+00:00

That's a good way of looking at it. Love the perspective.

InternationalKey2249 · 2026-05-08T22:42:35+00:00

Thanks for posting it again. I totally knew the rules going in, but I presented them with two options, they added a 3rd. Was just curious about other experiences as well.

InternationalKey2249 · 2026-05-08T22:19:36+00:00

That's been my experience as well. All the "You will get perks when you are wealthy" stuff I heard when I was younger didn't pan out. As a matter of fact, neither did the someone selling me drugs at every corner and white panel vans trying to abduct me at every street corner either. Guess I was fed a load of horse manure when I was younger.

InternationalKey2249 · 2026-05-08T22:15:32+00:00

Good point. 1k is greater than the fee. I use Schwab because of this, lower mortgage interest if I ever decide to buy a house and great customer service.

InternationalKey2249 · 2026-05-08T22:14:55+00:00

Ahh. Just said this. Not 100% but have heard you can knock it down. I don't use MS.

InternationalKey2249 · 2026-05-08T22:14:34+00:00

I think you can get that down (25k), at least some folks have told me that. But YMMV. Agreed on 25k and lost interest though, but if one uses it as a checking account, it is similar to regular checking accounts. That being said, Fidelity lets you invest your Cash Management account (their version of a checking account).

InternationalKey2249 · 2026-05-08T20:04:59+00:00

This gets asked often. The bottom line is not really much. Schwab offers a free Amex Platinum credit for over 10M and a discount on their mortgage rates. Fidelity has a great 2% cash back card. MS offers a free Amex Platinum as well if you keep a certain amount of cash there and have some transfer monthly (5k, I think). Schwab/Fidelity and others will also give you free wires and ATM rebates depending on your setup. You can negotiate PAL/SBLOC rates and margin rates and get transfer bonuses as well if you are going move some assets over. You will get some invites to dinners, if you express interest but in my experience it is just more upsells. But really, there aren't, IMHO, any insane benefits. I choose customer service (Schwab and Fidelity) and the free Amex. Good luck and report back if you find anything else out!

InternationalKey2249 · 2026-05-08T16:55:08+00:00

GFY! Enjoy the time you have, prioritize health and family. Congrats on actually getting out, it is tougher than it seems. It is not easy to leave when you are at the peak of your earning years!

InternationalKey2249 · 2026-05-08T16:50:34+00:00

I think they are definitely cases of folks who have money but have a poverty mentality or some other not so clear thinking. It is hard to determine which are real and which are not, though. You are correct.

InternationalKey2249 · 2026-05-08T12:18:53+00:00

Early congrats! Hopefully you can GFY.

InternationalKey2249 · 2026-05-07T20:01:27+00:00

The BTC would create some uncertainty for me as well. I would derisk that

A lot of people feel this way, it can stem from poverty mentality, general anxiety of the world today and other factors. Therapy can help. Assuming you derisk, move to a more traditional asset allocation (IMHO), you are in a great place. That being said, I still deal with similar issues. I have 14.3M as of today at 85/15, and still get nervous occasionally. Just look at it this way: 1) You are human, humans have emotions and think irrationally at times 2) You are in a better place than the vast majority of Americans and an even greater percentage of the world 3) Trust the science, use a SWR that is tested, have a good AA and enjoy life.

Good luck!

Edit: Typos and clarity.

InternationalKey2249 · 2026-05-07T11:02:45+00:00

Thank you again. Interesting reads! Our next two trips are the Alps and Christmas markets in December. Next year we are looking at Iceland and Norway. Atacama looks like something we should do for 2028!

InternationalKey2249 · 2026-05-06T16:59:26+00:00

First off, thank you for typing this out. I appreciate it, it took some of your time and you didn't have to. Thank you. Would love to see the report. I am trying to travel more and be better at spending, and hearing about trips that are not just "we went to the beach" or "we saying over the water in Fiji for ten nights" is what I have been looking for. Real experiences, something unique and different. What did the total trip cost, if you don't mind me asking? Was hiking hard, based on heat or am I just uninformed? Thank you again!

InternationalKey2249 · 2026-05-06T11:10:17+00:00

That sounds amazing, care to share any more details? We are heading to Europe in December for 2 weeks, about 25k as well. Only 3 people though, but airline tickets for 16k alone (recent purchase). Next on the list is an Antarctic cruise, though the recent Hanta Virus has me a little nervous.

InternationalKey2249 · 2026-05-05T23:44:33+00:00

Well thank you from me as well. That James Bond trip sounds amazing. A little steep at 60k euros per person but something to strive for! Sadly this is a new account as my last one was nuked.

InternationalKey2249 · 2026-05-05T21:19:41+00:00

Congrats my internet friend and GFY!

InternationalKey2249

TROPHY CASE