TD Ameritrade – Up To $2,500 Brokerage Bonus

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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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.

Louis David
Louis David

Contact info@fundrecoverydesk.com they will direct you to a registered broker without withdrawal issues

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

Charles Bindler
Charles Bindler

Why would anyone do this? I mean if you’re already moving your money there, take the free bonus but this should convince no one.

mark atwood
mark atwood

Plenty of people who have ETFs or mutual funds do this all the time. Nothing to buy or sell, just park your funds at another brokerage and get free money

pedrostee
pedrostee

why not move some funds there you trade with anyhow? free $ is not bad..

Johnny
Johnny

If you make gains then it’s a good deal. But must maintain balance over 12 months. If lose money on the investment/trades, then it may wipe out the bonus.

lorem ipsum
lorem ipsum

You’re going to lose the same money whether it’s with TD Ameritrade or some other brokerage (assuming equal fees).