The Offer
E*Trade is offering a bonus of up to $6,000 for existing E*Trade customers who enroll. Bonus is tiered depending on how much you deposit in cash or securities within 60 days of enrollment.
$5,000+ will receive $125;
$25,000+ will receive $250;
$100,000+ will receive $625;
$200,000+ will receive $1,000;
$500,000+ will receive $2,000;
$1M+ will receive $4,500;
$2M+ will receive $6,000
The Fine Print
Note: terms state ‘You must be the original recipient of this offer to enroll.’ But it might work for everyone. Certainly if the system allows you to enroll I’d think that would mean that you are eligible.
Funds must remain in the account for six months after transferred.
Offer expires April 30, 2024.
Each customer is limited to a maximum of two new account offers.
Our Verdict
There’s also an offer available for new users. I suppose anyone can signup without any promo, and then enroll in the existing users promo. (Or maybe you can even do both as a stack? but I doubt that will work.)
It’s nice to see an offer for existing users. We might add this to our list of best brokerage bonuses.
Hat tip to reader TJ