Update 4/1/23: Extended until 5/31.
Update 2/15/23: Bonus has been increased to $250, valid through 3/31/23. (ht Luke)
The Offer
Axos Bank is offering a $200 $250 bonus when you open a new Axos invest account when you deposit $2,000 within 60 days and maintain an average balance of $2,000+ for 90 days. Self-Directed Trading accounts will need to additionally make two trades to qualify; Each trade requires a $25 minimum.
The Fine Print
This offer is valid for one new Non-Qualified Axos Invest Self-Directed Trading account per person and only open to U.S. residents.
Current and former Axos Invest clients who have received a promotion within the last 365 days or who have closed an account within the last 365 days are not eligible for this offer.
This offer is non-transferrable.
Other restrictions may apply.
This offer is not valid anywhere Axos Invest is not authorized to offer services.
Accounts must be opened by 12/31/21 and funded within 60 days of account opening to qualify for the cash bonus.
You must open a new account and have qualifying deposit(s) that total at least $2,000.00 within 60 days to qualify for a $200 bonus, the bonus will be deposited into your account within 10 days following the 90-day waiting period.
Accounts will be reviewed after this 90 day period to determine whether all terms have been satisfied. If all terms have been satisfied,
The cash bonus will be credited to the account within a 10-business day processing period.
Our Verdict
Seems like a very easy brokerage bonus, although it’s not a huge bonus. We will add this to our list of the best brokerage bonuses.
Hat tip to ShawntheShawn
Post history:
Update 11/21/22: Bonus has been increased to $200.
Update 8/30/22: Bonus has been decreased to $150.
Update 7/13/22: $200 brokerage offer is now public, but with different requirements. Now you need to open both a new Axos Invest Self-Directed Trading account and an Axos Rewards Checking account to get the $200
Update 6/10/22: Looks like you can get $200 by calling in.
Update 5/30/22: Bonus back to $150.
Update 5/4/22: Back down to $100 now
Update 3/3/22: Bonus is back to $150.
Update 2/13/22: Bonus is back but down to $100.
Update 11/27/21: Bonus increased to $150 from $100.