American Airlines AAdvantage Members Who Open a New Fidelity Brokerage Account Can Now Earn Miles Toward Award Travel
FORT WORTH, Texas and BOSTON. – American Airlines and Fidelity Investments announced Fidelity’s participation in the AAdvantage ® program. AAdvantage program members will be able to earn thousands of miles toward award travel when they become a new customer and open a brokerage account at Fidelity.
“We strive to provide valuable offerings that benefit AAdvantage members,” said Kurt Stache, President of American’s AAdvantage Program. “We are pleased to work with Fidelity Investments, and this new offering further enhances what is already the industry’s largest travel rewards program.”
By becoming a new Fidelity customer and opening a first brokerage account, AAdvantage members can earn the following miles:
- 5,000 miles for a deposit of $2,500 – $9,999
- 15,000 miles for $10,000 – $49,999, and
- 25,000 miles for deposits of $50,000 or more
“We see a great synergy between American’s customers, who lead active lives, and our own customer base,” said Claire Huang, Executive Vice President of Marketing at Fidelity Investments. “Through this alliance, AAdvantage members now have the opportunity to earn additional AAdvantage miles, while also receiving Fidelity’s comprehensive financial guidance and retirement planning, product and service offerings.”
This agreement is the latest in a series of major agreements of this type for Fidelity. The company recently announced a new agreement with Amazon Services, an Amazon.com, Inc. company, which includes premier sponsorship of leading online retailer Amazon’s first financial services “store,” as well as advertising throughout the Amazon.com site.
The new arrangement will be promoted through the AAdvantage program, on-board American Airlines flights, through direct mail and online channels. To obtain more information, log on to www.aa.com/aadvantage or call 800-882-8880.
About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with custodied assets of more than $2.6 trillion, including managed assets of $1.3 trillion as of July 31, 2006. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 22 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, one of the largest mutual fund supermarkets and a leading online brokerage firm. For more information about Fidelity Investments, visit www.Fidelity.com.
About The AAdvantage Travel Awards Program
Throughout 2006, American Airlines is celebrating the 25th anniversary of the AAdvantage ® program – the world’s first frequent flyer program. The program launched in 1981, and is now the largest travel awards program with more than 50 million members. Members can earn miles with more than 1,000 participating companies, including airlines, hotels, car rental companies, financial-service providers and retailers. Members can also earn miles with one of more than 60 affinity card products in 41 markets around the globe. In 2005, members redeemed approximately 145 billion miles to claim in excess of 4.5 million awards to over 800 AAdvantage award destinations worldwide. For more information and a listing of AAdvantage program participating companies, visit www.aa.com/aadvantage.
About American Airlines
American Airlines is the world’s largest airline. American, American Eagle and the AmericanConnection® airlines serve 250 cities in over 40 countries with more than 4,000 daily flights. The combined network fleet numbers more than 1,000 aircraft. American’s award-winning Web site, AA.com, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve more than 600 destinations in over 135 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE: AMR)
2 Offer available only to new Fidelity brokerage customers.