Contents
The Offer
- TD Bank is offering customers a bonus of up to $1,000 when they open a new TD Ameritrade account. Bonuses are tiered as follows:
- $1,000 bonus when you open a new account with $500,000 or more
- $600 bonus when you open a new account with $250,000-$499,999
- $300 bonus when you open a new account with $100,000-$249,999
- $150 bonus when you open a new account with $50,000-$99,999
Our Verdict
Significantly worse than the $1,500 bonus that has been on offer in the past. Because of that we won’t be adding this to the best brokerage bonuses.
Hat tip to reader Jim
Can someone please send me the most recent referral link?
chiaweichien AT hotmail
DP TD Ameritrade:
April 1: Opened account using link in DOC
April 7: $51k ACATs transfer taxable brokerage from Vanguard
May 17: $300 bonus posted as “rebate”
Call fidelity and merrill lynch, tell them offer of TD and they will give $200 to $300 more then these cheapies
what tier are you talking about? i am in 50-100k tier. thanks
I think Fidelity stopped their generous bonus policy about 5 yers ago. Merrill might match, but they will probably try to lowball you. Oh, and Merrill has a habit of going offline for hours during market meltdowns.
It says that: “Not valid with current TD Ameritrade accounts.” I have an IRA accounts with them, and I would like open a regular brokerage with them. Do I qualify for the bonus?
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Disconnect between article title and contents. Title says $1500 but mentions $1000 only in content.
Fixed
Do we need a referral or just open an account?
This is their regular referral link, does not seem like a tdbank customer link.
Looks like only $1,000 to me.
While it may be worse it’s better than zero, which will be the case when Schwab takes over.
Ironically I did a TD to Schwab transfer to get a bonus and I might do the reverse one soon to get another bonus again. Funny. Too bad I cannot get a Schwab Amex.
Apparently, there are some issues with Schwab actually taking over, not sure if/when that will happen.
Are you finding Schwab brokerage services the same as with TD? Free trades and all? I’ve considered doing as well, as currently with TD.
I like Schwab a bit better, just a couple of interface wrinkles and there is also a free checking account there. But I also like bonuses. I am not that impressed with Merrill at all but I like the platinum reward tier.