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frontpage Posted by devilZ • Apr 2, 2024
frontpage Posted by devilZ • Apr 2, 2024

Charles Schwab Starter Kit Offer: New Investors Open/Fund Account w/ $50+, Get

for 5x S&P 500 Stock Slices

$101 Cash Bonus

104 Comments 91,947 Views
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Deal Details
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).
  • 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
  1. Open an account with Charles Schwab.
  2. Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
  3. 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.

Editor's Notes

Written by megakimcheelove | Staff
  • See full Terms & Conditions here 
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion. 

Original Post

Written by devilZ
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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).
  • 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
  1. Open an account with Charles Schwab.
  2. Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
  3. 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.

Editor's Notes

Written by megakimcheelove | Staff
  • See full Terms & Conditions here 
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion. 

Original Post

Written by devilZ

Community Voting

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Top Comments

"Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime"

Based on...? Source please.
What a bunch of nonsense.
From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.

104 Comments

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Apr 2, 2024
417 Posts
Joined Jun 2019
Apr 2, 2024
CleverChicken951
Apr 2, 2024
417 Posts
Current TDAmeritrade customers are being migrated to Schwab in groups
Is it good idea to do this before account migrates ?
2
Apr 2, 2024
982 Posts
Joined Apr 2013
Apr 2, 2024
gcrack
Apr 2, 2024
982 Posts
My bonus was not placed as a fractional order for those top 5 stocks but just deposited in the account. Dunno if something was just missed but either way, it did come through and it did give me the money.
Apr 2, 2024
417 Posts
Joined Jun 2019
Apr 2, 2024
CleverChicken951
Apr 2, 2024
417 Posts
Quote from gcrack :
My bonus was not placed as a fractional order for those top 5 stocks but just deposited in the account. Dunno if something was just missed but either way, it did come through and it did give me the money.

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.
Last edited by CleverChicken951 April 1, 2024 at 09:06 PM.
4
Apr 2, 2024
694 Posts
Joined Dec 2007
Apr 2, 2024
ChaChing23
Apr 2, 2024
694 Posts
Quote from CleverChicken951 :
Customer has 1.5 hours to cancel if they wish to and keep bonus instead.
Customer has all night until just before market open, the next morning. Approximately 13.5 hours.
Apr 2, 2024
417 Posts
Joined Jun 2019
Apr 2, 2024
CleverChicken951
Apr 2, 2024
417 Posts
Quote from ChaChing23 :
Customer has all night until just before market open, the next morning. Approximately 13.5 hours.

My bad
Apr 2, 2024
9 Posts
Joined May 2013
Apr 2, 2024
peoplesd57
Apr 2, 2024
9 Posts
Once the $101 is deposited in your account can you just withdraw all your money?
8
Apr 2, 2024
3,916 Posts
Joined Jul 2007
Apr 2, 2024
qwertyaas
Apr 2, 2024
3,916 Posts
Quote from gcrack :
My bonus was not placed as a fractional order for those top 5 stocks but just deposited in the account. Dunno if something was just missed but either way, it did come through and it did give me the money.
Mine weren't either. It came through as $101 in their sweep when i did it a year ago or so.

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Apr 2, 2024
55 Posts
Joined Nov 2015
Apr 2, 2024
mrdealhunter13
Apr 2, 2024
55 Posts
Quote from CleverChicken951 :
Current TDAmeritrade customers are being migrated to Schwab in groups
Is it good idea to do this before account migrates ?
In the same boat. Thinking $100 is bad for my troubles
Apr 2, 2024
262 Posts
Joined Feb 2014

This comment has been rated as unhelpful by Slickdeals users.

Apr 2, 2024
1,069 Posts
Joined Feb 2006
Apr 2, 2024
Mishya
Apr 2, 2024
1,069 Posts
Can I have this account with an investor checking account? I want to have their ATM fee reimbursed ATM card. TIA.
Apr 2, 2024
141 Posts
Joined May 2011
Apr 2, 2024
Shagwell
Apr 2, 2024
141 Posts
Are there any fees associated to this? Such as trade fees, etc.
Original Poster
Pro
Apr 2, 2024
142 Posts
Joined May 2009
Apr 2, 2024
devilZ
Original Poster
Pro
Apr 2, 2024
142 Posts
Quote from Shagwell :
Are there any fees associated to this? Such as trade fees, etc.

There is no fee for buying stock or etf. There could be some fees if doing more advanced trading.
Apr 2, 2024
101 Posts
Joined Nov 2012
Apr 2, 2024
Nolimit167
Apr 2, 2024
101 Posts
Tried to deposit $50 but met with "This feature is temporarily unavailable. Please try again later.
Apr 2, 2024
859 Posts
Joined Aug 2009
Apr 2, 2024
Formless
Apr 2, 2024
859 Posts
My tda account had already migrated months ago and I never bothered to log in yet. I found the old email, created my ID, came back to this thread and made the new account on my login, seems like everything was still accepted for the promo but won't know until my transfer completes Friday.

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Apr 2, 2024
20 Posts
Joined May 2021
Apr 2, 2024
EfficientKite
Apr 2, 2024
20 Posts
Quote from Nolimit167 :
Tried to deposit $50 but met with "This feature is temporarily unavailable. Please try again later.

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.

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