TD Ameritrade – Up To $2,500 Brokerage Bonus

Update 3/7/21: Deal has been extended until June 30, 2021.

The Offer

Direct link to offer

  • Get a bonus of up to $2,500 open a new TD Ameritrade account. Bonuses are tiered as follows:
    • $2,500 bonus when you open a new account with $2,000,000+
    • $1,500 bonus when you open a new account with $1,000,000+
    • $700 bonus when you open a new account with $500,000
    • $350 bonus when you open a new account with $250,000

The Fine Print

  • Offer valid for one new Individual, Joint, or IRA TD Ameritrade account opened by 12/31/2020 and funded within 60 calendar days of account opening.
  • To receive $350 bonus, account must be funded with $250,000- $499,999. To receive $700 bonus, account must be funded with $500,000- $999,999. To receive $1,500 bonus, account must be funded with $1,000,000-$1,999,999. To receive $2,500 bonus, account must be funded with $2,000,000 or more.
  • Offer is not valid on tax-exempt trusts, 401(k) accounts, Keogh plans, profit sharing plans, money purchase plans, accounts managed by TD Ameritrade Investment Management, LLC, TD Ameritrade Institutional accounts, or current TD Ameritrade accounts.
  • Offer is not transferable, is not valid with internal transfers, and is not valid in conjunction with certain other offers.
  • 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 Emargin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. TD Ameritrade reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.
  • Please allow 3-5 business days for any cash deposits to post to account. (Offer Code: EN2500)

Our Verdict

TD Ameritrade has removed commission on stocks ETFs and options like most other brokerages. You need to retain the balance for at least 12 months (minus any losses/gains). We recently saw a bonus of up to $1,000. That only require a deposit of $250,000, whereas with this new promotion that same bonus would only net you $350. There are much better brokerage bonuses out there so I’d recommend sticking to one of those until this offer improves again.

Hat tip to reader lilurbanachiever

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Fred
Fred

Not about the bonus, but this might be of interest to those who have a TD Ameritrade account: https://www.tdameritrade.com/why-td-ameritrade/satisfaction-guarantee.html

WJ
WJ

Will not receive anything if you EVER got anything from it or predecessors going back to Waterhouse years ago. Scottrade especially.

calwatch
calwatch

This is the worse version of the one that has a referral attached to it. You can get referrals off Twitter by searching for ameritrade bonus, since referrals aren’t allowed here.

Jim
Jim

The referral bonus does indeed look preferable — but it looks like one doesn’t need to use a referral link. TDA1000 offer code does the trick.

Full details here:
https://www.tdameritrade.com/client/referafriend/index.html

Tiers:
To receive $150 bonus, account must be funded with $50,000-$99,999. To receive $300 bonus, account must be opened with $100,000-$249,999. To receive $600 bonus, account must be funded with $250,000-$499,999. To receive $1,000 bonus, account must be funded with $500,000 or more.

Maybe William Charles should update the post to reflect these more lucrative bonus levels instead

Sammie
Sammie

Schwabs offers aren’t amazing but they do offer matches if you call them. Just had them match the Chase 2000$ brokerage bonus for bringing in 250,000 for a family member. Just moved his IRA and some cash. Worth trying if you want to go to Schwab instead.

Other brokerages might also match an offer if you find the link as proof. Worth calling around.

TD offering 350 for 250,000 is quite horrible in comparison.

Terp
Terp

How do you initiate a match? How long do they have to hold with Schwab?

K
K

Merrill probably has the best deposit requirement to bonus ratio with a $1000 for $200K. The rest of these other bonuses require a ridiculous amount of money.

DD
DD

. . . “when you open a new account with $2,000,000”. For sho’, Ima jump right on that, soon as I’m done claiming my “$5 off a purchase of $30 in gift cards” at Kroger.

TB
TB

Sorry you’re not rich

m0n1nd3r
m0n1nd3r

Looks like the bonus is renewed through June 30, 2021.

SamL
SamL

The TD payouts are a fair bit lower than others, though bonuses are getting more scarce.

calwatch
calwatch

Remember that if the Schwab/TD merger completes (and there’s no reason to doubt it wouldn’t) TD is off the table for bonuses. Unfortunately I’m already in the process of qualifying for the Merrill $900 on $200k bonus and don’t have added funds to do this one. Another pro point on this is that it includes IRAs, so if one has a 401k rollover, they could drop it in this one.

Neal
Neal

Used to have an account, closed it year or two ago. In Feb rep reached out to me with a “win-back” bonus offer – described it as higher than the standard offer and by invitation only. Offer was $500 for $100,0000-$249,999, $1000 to $499,999, $1500 to $999,999, $3,000 to $1,999,999, $7500 to $4,999,999 and $15,000 for $5,000,00+. Offer was open for a month or two, gone now – but point is if you have a previous relationship with TD Ameritrade can’t hurt to call and ask if there is anything unpublished.

Newbie
Newbie

TD Ameritrade is going to be merged with Schwab in 3-4 months.
So move money from Schwab to TD to get extra bonus

Evan
Evan

Smart man