Extended to 6/30/26 with code OFFER26, tiers have been improved.E.g $20,000+ is now $300 (was $200).
The Offer
Direct link to offer
E*Trade is offering a bonus of up to $6,000 for E*Trade customers when you apply the promo code during signup.Bonus is tiered depending on how much you deposit in cash or securities within 60 days of enrollment.$1,000+ will receive $50;
$5,000-$19,999 will receive $150;
$20,000-$99,999 will receive $300;
$100,000-$199,999 will receive $600;
$200,000-$499,999 will receive $1,000;
$500,000+ will receive $1,500;
$1M+ will receive $3,000;
$1.5M+ will receive $5,000;
2M+ will receive $6,000
5M+ will receive $10,000
The Fine Print
If you deposit $250,000-$499,999, you will receive a cash credit within seven business days
.If you have deposited at least $250,000 in the new account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60-day window.
For example, if you deposit $300,000, you will receive a cash credit of $1000 within seven business days, then if you deposit another $200,000 you will receive an additional cash credit of $500 at the end of the 60-day window for a total reward of $1,500
If you deposit $1,000,000 or more, you will receive a cash credit within seven business days.
All other reward tiers ($5,000-$24,999; $25,000-$99,999; $100,000-$199,999; $200,000 – $249,999; $500,000-$999,999) will be paid following the expiration of the 60-day period.
In addition, if you deposit $500,000 or more into your new account, deposits made in eligible linked accounts during the 60 day period will be aggregated for purposes of the reward and the credits will be paid pro-rata to all accounts where deposits were made during the 60-day period.For example, if you have deposited $500,000 in your new account during the 60 day period, and during the same period you deposited $100,000 into another eligible account you have linked to the new account you will receive $1,250 in your new account and $250 into the other eligible account.
Account holders must maintain the funds (minus any trading losses) for at least six months one year or credit may be surrendered.
Each client is limited to a lifetime maximum of two new account offers, across all client accounts
Our Verdict
Definitely one of the better brokerage bonuses that is currently available.Do not share your referrals in the comments below, instead you can share them on this linked page.
There’s also a similar type of tiered brokerage bonus for existing E*Trade users – see details in this post.