Merrill Edge Brokerage Bonus, Get Up to $1,000

Merrill Edge is offering a bonus of up to $1,000 in cash when you add new assets to an existing or new account. The bonus varies on the qualifying assets that you deposit. For the maximum bonus you would need $250,000 or more in assets. Check out the details of this Merrill Edge Brokerage bonus below.

Offer

Preferred Rewards members can get up to $1,000 when they invest in a Merrill Edge Self‑Directed account. Use offer code: 1000PR. Offer valid for new and existing individual Merrill IRAs or Cash Management Accounts (CMA) opened before May 22, 2022.

Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets. You must be enrolled in Preferred Rewards as of 90 days from meeting the funding criteria. After 90 days from meeting the funding criteria, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

OFFER PAGE

Offer Terms

• For purposes of this offer, qualifying net new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts, and subtracting assets withdrawn or transferred out of the account within the preceding 24 weeks.
• Offer valid for new and existing individual Merrill IRAs or Cash Management Accounts (CMA) opened before May 22, 2022.
• Cash bonus offers, in the aggregate, are limited to one CMA and one IRA per accountholder.
• Eligible Merrill IRAs limited to Rollover, Traditional, Roth and owner-only SEP IRA. 
• This offer does not apply to business/corporate accounts, investment club accounts, partnership accounts and certain fiduciary accounts held with Merrill, or to any types of accounts (including IRAs or CMAs) held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S). 

Guru’s Wrap-up

This offer is available for new and existing customers who can deposit at least $20,000 in new assets into an eligible Merrill Edge Brokerage account. The offer is public, so everyone should be eligible. 

This is a good brokerage bonus. But make sure to do your research and choose a brokerage service that aligns with your investing goals and needs.

HT: DoC