A List Of Churnable Brokerage Bonuses

This post contains a list of brokerage bonuses that are/aren’t churnable (can be done more than once). As always look at the specific terms of each offer but this should be a good starting point. Remember to share your own datapoints as well in the comments below. 

Can churn

• Chase/JPM (CPC offer): 12 months from enrollment
• Chase self-directed: 12 months from enrollment
• Citi wealth management: 1 offer per year (brokerage or IRA)
• E-trade brokerage:
  • max 2 new account offers (brokerage and IRA)
  • Can do multiple, at least four
  • Can do multiple, one at a time
• Fidelity:
  • Yes
• Merrill:
  • can do multiples
  • At least three
• *Schwab brokerage: *can churn by matching other firms (brokerage and IRA)
• WellsTrade (WF Premier offer): 12 months from bonus (brokerage or IRA)

Cannot churn but has targeted offers:

• moomoo
• SoFi Invest
• TradeUP
• Webull

Cannot churn

• Ally Invest (sometimes there are targeted offers that can be churned)
• Tradestation: limit 1 cash bonus
• HSBC brokerage (HSBC Premier offer)
• TastyTrade

Hat tip to reader catcat for the initial datapoints