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.
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Top Comments
Based on...? Source please.
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
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But appears promotions run only during Fall, Aug or after
Basically got paid $101 to deal with all that frustration. Thanks Schwab.
Someone informed me that Schwab Brokerage's debit card actually does have identical benefits as Schwab Bank's, including the reimbursement of all ATM fees. They pointed to a discussion in this thread [bogleheads.org] in the Bogleheads investing forum. I have no reason to believe that multiple people in that thread would lie about the benefits of the Brokerage debit card. But the strange thing is that I cannot find the Brokerage debit card agreement so I can't verify the claims being made in that thread. The Bank debit card agreement I found easily with an internet search.
If anyone has a copy of the Schwab Brokerage debit card agreement, could you share a link to it?
There's also a Reddit thread [reddit.com] where a Schwab Brokerage user claimed to have suddenly received that card without asking for it. That's a little worrying.
I was reading all the terms and couldn't find anywhere mentioning you had to keep any money in the account for this deal. Seems like you should be able to just do the deal and take it all out right away if you want.
I was reading all the terms and couldn't find anywhere mentioning you had to keep any money in the account for this deal. Seems like you should be able to just do the deal and take it all out right away if you want.
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Edit: Nevermind. It's showing on mobile not on PC
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