Are you wanting to help but not sure how?
How does this differ from a charitable contribution?
These are not charitable contributions. Charitable contributions are made to qualified tax exempt organizations, which is not a category a local business would typically fall under. As such, these are not charitable gifts, but a way for patrons to show their support for local businesses, particularly for small businesses that desperately need support during these unprecedented times.
Is there a fee applied with these contributions?
No. There are no service fees applied with these gifts.
What if I don't have BillPay set up on my account?
You can easily add the feature to an account on Fidelity.com by selecting BillPay from the Accounts & Trade tab and then enrolling in to an eligible brokerage or cash management account.
How long will it take for my gift to be processed and/or arrive?
BillPay checks are set to arrive by the Deliver By date, which defaults to 3–4 business days from the current date, unless a later date is specified.
PayPal® transactions are processed according to the funding source (e.g., debit card, credit card, bank, or Fidelity account), but it should not take more than a couple of days.
Square gift cards are delivered instantly to the email address provided.
Will Fidelity introduce additional options to help your community?
We are considering that at this point and will let you know when and if other options become available.
If making a donation, should I expect that the small businesses reimburse me or provide goods and services of an equivalent amount?
While this may in fact be the case after this crisis has passed, there really cannot be a guarantee the businesses in question will reciprocate in such a manner. Instead, you should view this as a way to show your support for local businesses during a time of need.