Charles Schwab offers
New Schwab Investors: Charles Schwab Investing 101 Starter Kit when you open a Schwab account and
fund the account with a minimum of $50 (within 30 days), get
$101 cash bonus to purchase stock slices (fractional shares of the top five stock by market cap in the S&P 500).
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Note: Offer is valid for new Schwab Members only who enroll/fund their accounts w/ a minimum of $50 to receive $101 in cash bonus to purchase stock slices. Fractional share (stock slice) is when you own less than one whole share of a company.
Thanks to community member
devilZ for finding this deal.
Deal Instructions- Open an account with Charles Schwab.
- Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
- Once funded/verified, Charles Schwab will deposit $101 in cash bonus to your account to purchase your stock slices.
Schwab Starter Kit- $101 of Schwab Stock Slices: Get $101 and an easy way to buy fractional shares of the top five stock by market cap in the S&P 500
- Note: Top five stocks will change from time to time. Fractional share (stock slice) is when you own less than one whole share of a company.
- Investing Education: Unlock short videos and step-by-step guides to get the 101 on investing.
- Tools and Resources: Easy-to-use tools and budget planners, plus investment professionals on standby 24/7 if you ever have a question.
Top Comments
Based on...? Source please.
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
104 Comments
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Is it good idea to do this before account migrates ?
According to Terms, bonus is deposited at 8pm and orders are queued up in the account. Customer has time until next day market hours to cancel if they wish to and keep bonus instead.
Uncertain what happened in your case, maybe they revised the process now?
Good for you I guess, it gives privilege to buy what you want, than someone else order for you.
My bad
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Is it good idea to do this before account migrates ?
There is no fee for buying stock or etf. There could be some fees if doing more advanced trading.
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You have to wait 2-3 business days before trying to transfer funds. You have 30 days to complete the $50 deposit to earn $101.