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E*TRADE Promotions of 2024

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Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Terms may apply to offers listed on this page.

E*TRADE is known to offer hefty bonuses to customers who transfer from other banks or brokers from time to time. Find out how much you could earn and if you qualify.

E*TRADE Brokerage Account Bonus: Earn $50 to $6,000 by depositing into a new account with promo code OFFER24

E*TRADE
Learn More for E*TRADE

On E*TRADE's Secure Website.

Ratings Methodology
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E*TRADE

E*TRADE

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Our Rating:

Rating image, 4.5 out of 5 stars.
4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Bottom Line

E*TRADE offers low fees and tons of account types. If you need it, chances are, E*TRADE has it. You can access advanced features through its popular Power E*TRADE platform. Open an E*TRADE account to trade fee-free mutual funds and do all your investing in one place.

Fees:

Commission-free; other fees apply

Account Minimum:

$0

Special Offer Circle with letter I in it. Open a new eligible E*TRADE brokerage account, fund your account within 60 days of opening, and earn a cash bonus of up to $1,000, depending on the size of your deposit. Offer good for one use per customer, on a single account.

Open and fund and get up to $1,000

Learn More for E*TRADE

On E*TRADE's Secure Website.

How you earn it:

New E*TRADE customers:

  1. Open a new brokerage account.
  2. When opening the account, enter code OFFER24.
  3. Deposit at least $1,000 worth of cash or stock into your account within 60 days of opening.
  4. Leave deposits in your account for at least six months.

Current E*TRADE customers:

  1. Open a new brokerage account.
  2. When opening the account, enter code OFFER24.
  3. Deposit at least $1,000 into your new E*TRADE account. Optionally, you can deposit into your existing linked E*TRADE account for additional bonuses.
  4. Leave deposits in your accounts for at least six months.

How you qualify: Open a new E*TRADE Self-Directed Brokerage account. (Not a retirement account.) If you're already an E*TRADE customer, you can still earn a bonus by opening a new eligible account.

Details: The more you deposit, the more you earn. But how earnings are paid is a little different for new and existing customers. For new customers opening one account, it's straightforward.

New customer deposit tiers:

Deposit Amount Cash Bonus
$1,000 to $4,999 $50
$5,000 to $19,999 $150
$20,000 to $49,999 $200
$50,000 to $99,999 $300
$100,000 to $199,999 $600
$200,000 to $499,999 $800
$500,000 to $999,999 $1,000
$1,000,000 to $1,499,999 $3,000
$1,500,000 to $1,99,999 $5,000
$2,000,000+ $6,000
Data source: E*TRADE.

Existing customers still earn bonuses from depositing money into new accounts. Below is what you would earn for depositing into your new account.

Existing customer, new account deposit tiers:

Deposit Amount Cash Bonus
$1,000 to $4,999 $50
$5,000 to $19,999 $150
$20,000 to $49,999 $200
$50,000 to $99,999 $300
$100,000+ $600
Data source: E*TRADE.

Existing customers can also get bonuses for depositing into existing accounts linked to new accounts. These bonuses can be quite substantial, though they require bigger deposits. At a minimum, you must deposit $200,000 into existing accounts to earn the additional bonuses.

Existing customer, total deposit tiers:

Deposit Amount Into Existing Linked Accounts Cash Bonus
$200,000 to $499,999 $200
$500,000 to $999,999 $400
$1,000,000 to $1,499,999 $2,400
$1,500,000 to $1,999,999 $4,400
$2,000,000+ $5,400
Data source: E*TRADE.

To earn the maximum $6,000 bonus, you must deposit at least $2 million across your new and existing accounts. For deposits this large, E*TRADE splits the bonus between your accounts based on how much you put in each one.

Example deposits:

  • If you deposit $100,000 into your new account and $150,000 into your existing linked account, you'll earn $600 in your new account and $0 in your existing account.
  • If you deposit $200,000 into your new account and $250,000 into your existing linked account, you'll earn $600 in your new account and $200 in your linked account.

The exact split of the bonus depends on how much you put in each account, but the total bonus won't go over $6,000 for deposits of $2 million or more.

Cash bonuses are paid to the accounts that earn the bonus. If your new account earns a $100 bonus, E*TRADE credits that $100 to your new account. If your existing account earns a $200 bonus, E*TRADE credits that $200 to your existing account.

FYI, any money you shuffle between accounts doesn't count toward this promo. Deposits must come from outside of E*TRADE.

Offer expires: Jan. 31, 2025.

What else should you know about E*TRADE bonuses?

Online brokers frequently update promos, so check in every so often. We keep track of the latest E*TRADE promotions here.

Are E*TRADE promotions worth it?

The E*TRADE deposit bonus is worth considering if you like what the broker has to offer investors. This broker is known as a one-stop shop for investing. If you like low fees and mutual funds, it could be worth opening an account.

When offered, E*TRADE's deposit bonus is generous compared to its competitors'. See the best brokerage promos to do your own comparisons.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.

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4.0/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Low mutual fund fees. $0 per trade
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Rating image, 4.5 out of 5 stars.
4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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FAQs

  • New customers: You get your cash bonus within seven business days of your first deposit. If you deposit more within the 60 days, qualifying for more cash, you get it at the end of the 60 days.

    Current customers: You get your cash bonus by the end of the 60 days.

  • You can only get the E*TRADE Brokerage Account Bonus once. But you can make multiple deposits during the 60-day promo period to hit higher reward tiers.