E*Trade Brokerage Bonus
E*Trade is offering a bonus for those who open a new brokerage account. You can earn up to $2,500, but you also need to make huge deposits, up to $1M. Offer is valid until 01/06/2020.
Offer
Get up to a $2,500 cash credit with a qualifying deposit or transfer. You need to deposit a certain amount within 60 days and keep it in the account for 6 months. Here’s the breakdown of the bonus options:
| Bonus | Deposit/Transfer Required |
|---|---|
| $100 | $5,000–$24,999 |
| $200 | $25,000–$99,999 |
| $300 | $100,000–$249,999 |
| $600 | $250,000–$499,999 |
| $1,200 | $500,000–$999,999 |
| $2,500 | $1,000,000+ |
At the end of the 60-day window, your account will be credited in the aggregate for new funds deposited or transferred into your new enrolled account within one week of the close of that window in accordance with the table below. So, for example, if you deposit $5,000 when you open your account, you will receive $100 within 7 days and if you have deposited a total of $25,000 at the end of the 60 day window from account opening, you will receive another $100 (for a total of $200).
Offer Terms
- Offer valid for one new E*TRADE Securities non-retirement brokerage account opened by 01/06/2020 and funded within 60 days of account opening with $5,000 or more.
- New funds or securities must be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of twelve months or the cash credit(s) may be surrendered.
- Excludes current E*TRADE Financial Corporation associates, non-U.S. residents, and any jurisdiction where this offer is not valid.
- You must be the original recipient of this offer to enroll.
- This offer is not valid for E*TRADE Securities retirement, E*TRADE Futures, E*TRADE Bank, or E*TRADE Savings Bank accounts.
- One promotion per customer.
Guru’s Wrap-up
Not a huge bonus when compared to the deposit amounts required. But this could be an added bonus if you have the fund to move around and especially if you are looking for a brokerage account. But make sure you do your research and see what each account offers and pick the one that best fits your needs.
HT: DoC
