E*TRADE from Morgan Stanley has a great offer for new and current clients. New clients get cash bonuses from $50 to $5,000 when they open a new account and deposit within 60 days. Current clients can also get bonuses by opening a new account and depositing money.
The bonus amount depends on how much you deposit. This offer is only for E*TRADE self-directed brokerage accounts. There are some rules and limits to follow.
Key Takeaways
- E*TRADE offers cash bonuses for new and existing clients who open a new brokerage account and meet deposit requirements.
- Bonus amounts range from $50 to $5,000, based on the deposit tiers.
- Bonuses are available for new accounts opened within 60 days and are paid within 7 business days after the 60-day period.
- Larger deposits of $100,000 or more result in faster cash credit and potential for additional rewards.
- Certain account types, such as business and retirement accounts, are excluded from the bonus offer.
Understanding the E*TRADE Open New Account Bonus Tiers
The E*TRADE open new account bonus has different rules for new and existing clients. It also changes based on how many new accounts you open. Let’s dive into the details.
New Client Opening Only One Account
New clients opening one E*TRADE account get bonuses based on their deposit amount. Here are the tiers:
- Deposit $1,000 to $4,999: $50 bonus
- Deposit $5,000 to $19,999: $150 bonus
- Deposit $20,000 to $49,999: $200 bonus
- Deposit $50,000 to $99,999: $300 bonus
- Deposit $100,000 to $199,999: $600 bonus
- Deposit $200,000 to $499,999: $800 bonus
- Deposit $500,000 to $999,999: $1,000 bonus
- Deposit $1,000,000 to $1,499,999: $3,000 bonus
- Deposit $1,500,000 or more: $5,000 bonus
Existing Clients or New Clients Opening More Than One New Account
For those opening more than one account, the bonus rules are different. The bonus is split between accounts based on deposits. Here are the tiers:
| New Account Deposit | Existing Account Deposit | Bonus |
|---|---|---|
| $1,000 to $4,999 | $200,000 to $499,999 | $250 |
| $5,000 to $19,999 | $200,000 to $499,999 | $350 |
| $20,000 to $49,999 | $200,000 to $499,999 | $400 |
| $50,000 to $99,999 | $200,000 to $499,999 | $500 |
| $100,000 or more | $200,000 to $499,999 | $800 |
| $500,000 or more | $500,000 to $999,999 | $1,000 |
| $1,000,000 or more | $1,000,000 to $1,499,999 | $3,000 |
| $1,500,000 or more | $1,500,000 or more | $5,000 |
Knowing these E*TRADE new account bonus tiers and E*TRADE new account bonus requirements helps. This way, you can get the most from your E*TRADE bonus for new clients or E*TRADE bonus for existing clients when opening E*TRADE bonus for multiple new accounts.
Bonus Rewards for New E*TRADE Customers
New E*TRADE clients can get big cash bonuses. They just need to open a new account and deposit money within 60 days. The bonuses start at $50 for a $1,000 deposit and go up to $5,000 for deposits over $1,500,000.
The bonus goes straight into the new E*TRADE account. But, you must keep the deposited money for at least six months. If you don’t, you’ll lose the bonus.
| Deposit Amount | Bonus Reward |
|---|---|
| $1,000 – $4,999 | $50 |
| $5,000 – $19,999 | $150 |
| $20,000 – $99,999 | $300 |
| $100,000 – $199,999 | $600 |
| $200,000 – $499,999 | $800 |
| $500,000 – $999,999 | $1,000 |
| $1,000,000 – $1,499,999 | $3,000 |
| $1,500,000 or more | $5,000 |
This E*TRADE new account bonus is a great reason to start investing. It’s a chance to begin your investment journey with E*TRADE. And it could help you grow your savings faster.
“The E*TRADE new account bonus is a fantastic opportunity for investors to maximize their returns from the very start. It’s a win-win situation – you get rewarded for trusting us with your assets while also gaining access to our powerful trading platforms and research tools.”
E*TRADE Open New Account Bonus for Existing Customers
Existing E*TRADE customers can get great bonuses when they open a new account. They need to make a qualifying deposit. The bonus can be $50 for a $1,000 to $4,999 deposit, or up to $600 for deposits over $100,000. The bonus goes straight into the new account.
But there’s more. Customers can also get bonuses by depositing into both new and old accounts. The bonus is split based on the total deposit. It can be $250 for $200,000 to $499,999, or up to $5,000 for $2,000,000 or more.
Deposits into New Accounts
E*TRADE gives bonuses for opening a new account and making a deposit. Here are the bonus amounts:
- $50 bonus for deposits of $1,000 to $4,999
- $125 bonus for deposits of $5,000 to $9,999
- $300 bonus for deposits of $10,000 to $49,999
- $450 bonus for deposits of $50,000 to $99,999
- $600 bonus for deposits of $100,000 or more
Deposits into Existing and New Accounts
Customers can also get bonuses for deposits into both new and old accounts. The bonus is based on the total deposit. It’s split between the accounts. Here are the bonus amounts:
- $250 bonus for total deposits of $200,000 to $499,999
- $1,000 bonus for total deposits of $500,000 to $999,999
- $2,500 bonus for total deposits of $1,000,000 to $1,999,999
- $5,000 bonus for total deposits of $2,000,000 or more
“The E*TRADE open new account bonus offers are a fantastic opportunity for both new and existing customers to maximize their investment potential.”
Rules and Limitations of the E*TRADE Open New Account Bonus
The E*TRADE open new account bonus has rules and limits. It’s for E*TRADE self-directed (non-retirement) accounts. New funds or securities must come from outside E*TRADE within 60 days.
Funds must stay in the new account for six months. Some accounts, like business or retirement ones, don’t qualify. Morgan Stanley AAA accounts also don’t count.
Only one new account per customer gets the bonus. If you already have an E*TRADE account, you can’t get the bonus for a new one.
- The offer is valid for E*TRADE self-directed (non-retirement) brokerage accounts only.
- New funds or securities must be deposited or transferred from outside of E*TRADE within 60 days of enrollment.
- Deposited funds must remain in the new E*TRADE account (minus any trading losses) for a minimum of six months.
- Certain account types, such as business accounts, retirement accounts, and Morgan Stanley AAA brokerage accounts, may be excluded from the promotion.
- The offer is limited to one new E*TRADE self-directed brokerage account per customer.
Knowing the E*TRADE open new account bonus rules and E*TRADE open new account bonus limitations helps. This way, customers can enjoy the bonus offer from E*TRADE.
Conclusion
E*TRADE’s open new account bonus is a great chance for new and current customers. It lets them earn cash rewards for opening a new account and making deposits. The rewards can be from $50 to $5,000, helping investors a lot.
But, it’s key to know the rules and limits of the E*TRADE open new account bonus, E*TRADE brokerage account bonus, and E*TRADE deposit bonus. This ensures you qualify and don’t lose the bonus. By understanding the offer well, investors can get the most out of it and start with E*TRADE strong.
E*TRADE’s bonus is a big reason to check out their investment options. They offer free trades, many investment choices, and great trading tools. This bonus helps investors earn rewards and set up for financial success in the long run.
Frequently Asked Questions
Kuldeep Nirgude is a computer science student with a strong interest in finance and marketing. With a focus on analyzing industry trends, he writes articles that simplify complex concepts and empower readers to make informed decisions. Kuldeep is dedicated to bridging the gap between technology and business, and is committed to staying updated on the latest innovations shaping the economy.