Posted by William Charles on April 20, 2019
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Published on April 20th, 2019 | by William Charles

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TD Ameritrade – Up To $1,000 Bonus

The Offer

Direct link to offer

  • Get a bonus of up to $1,000 open a new TD Ameritrade account. Bonuses are tiered as follows:
    • $1,000 bonus when you open a new account with $250,000+
    • $500 bonus when you open a new account with $100,000-$249,999
    • $200 bonus when you open a new account with $50,000-$99,999
  • 90 days of commission free trading when you deposit $3,000

The Fine Print

  • Offer valid for one new Individual, Joint or IRA TD Ameritrade account opened by 6/30/2019 and funded within 60 calendar days of account opening with $3,000 or more.
  • To receive $100 bonus, account must be funded with $25,000 – $49,999 within 60 days of account opening.
  • To receive $200 bonus, account must be funded with $50,000-$99,999 within 60 days of account opening.
  • To receive $500 bonus, account must be opened with $100,000-$249,999 within 60 days of account opening.
  • To receive $1000 bonus, account must be funded with $250,000 or more within 60 days of account opening.
  • Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan.
  • Offer is not transferable and not valid with internal transfers, accounts using the Amerivest service, TD Ameritrade Institutional accounts, current TD Ameritrade accounts or with other offers.
  • Qualified commission-free Internet equity, ETF or options orders will be limited to a maximum of 300 and must execute within 90 calendar days of account funding.
  • Contract, exercise, and assignment fees still apply. Limit one offer per client. Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. (Offer Code 277)

Our Verdict

This is similar to the offer we’ve posted about yesterday, except you don’t need to be a TD Bank customer. In addition the top and bottom tiers ($1,500 bonus and $50 bonus) aren’t available and the $150 transfer fee rebate isn’t offer. Still I know some people were interested in that deal but didn’t have a TD bank account, so they will be eligible for this bonus.



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nyc
nyc

Here’s another similar offer that does offer $1200 for depositing half a million dollars and $2500 for a million: https://www.tdameritrade.com/offer/2500/index.html.

nyc
nyc

There’s also a fairly similar offer from E Trade: https://us.etrade.com/what-we-offer/how-it-works/brokerage

A M
A M

I don’t see anything here about existing TD Ameritrade customers (I have an old IRA) being not eligible. Can anyone confirm?

Jim
Jim

Yeah, it’s not exclusive to new customers. TDA is very liberal with their bonuses.

But they likely won’t extend the offer onto an existing account. Easiest thing is likely to just transfer your account out for a few weeks, then reopen as a new account with the offer code attached. I’ve done this for a few brokerages successfully.

For example, Schwab has great service and reimburses for transfer fees, so I’ve done temporary transfers into Schwab for a few weeks, then opening up a new account with another firm

Mark
Mark

My plan is to deposit $3k, buy a “can’t miss” penny stock, then watch it grow to $300k so I can get the bonus $1000. Anyone see any flaws in my plan?

Parts Unknown
Parts Unknown

Yeah, if you bought a 2 penny stock it would take half the time.

Ann
Ann

By the time a stock is truly “can’t miss”, it is no longer a penny stock. 😉

And it’s “account must be funded” with the stated amounts, not “account must grow to”.

El Guapo
El Guapo

In other words, less than a 0.5 percent return on a minimum 12-month investment. Better off just rebalancing your portfolio with your current brokerage/fund family.

RD
RD

> Please allow 3-5 business days for any cash deposits to post to account. (Offer Code: 277)

Does this mean it posts as soon as you transfer in the required assets?

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