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frontpage Posted by devilZ • Apr 2, 2024
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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

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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

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"Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime"

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

103 Comments

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Apr 2, 2024
135 Posts
Joined Dec 2018
Apr 2, 2024
FanFanFan1
Apr 2, 2024
135 Posts
Quote from Mishya :
Can I have this account with an investor checking account? I want to have their ATM fee reimbursed ATM card. TIA.
I'm also curious to know the answer
Apr 3, 2024
101 Posts
Joined Nov 2012
Apr 3, 2024
Nolimit167
Apr 3, 2024
101 Posts
Quote from EfficientKite :
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.
Ah ok thanks ! I tried it again but selected deposit date of 4/6 and that worked !
Apr 3, 2024
992 Posts
Joined Jan 2008
Apr 3, 2024
Armaan1
Apr 3, 2024
992 Posts
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
1
5
Apr 3, 2024
1,201 Posts
Joined Nov 2011
Apr 3, 2024
Wulfrax
Apr 3, 2024
1,201 Posts

Our community has rated this post as helpful. If you agree, why not thank Wulfrax

From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
2
1
Apr 3, 2024
1,060 Posts
Joined Oct 2009
Apr 3, 2024
enforcer2133
Apr 3, 2024
1,060 Posts
Quote from Mishya :
Can I have this account with an investor checking account? I want to have their ATM fee reimbursed ATM card. TIA.
I believe that's how I signed up. Got the ATM/debit card and fees are waived. Got the stock and profited, also.
Apr 3, 2024
419 Posts
Joined Jun 2019
Apr 3, 2024
CleverChicken951
Apr 3, 2024
419 Posts
Quote from Wulfrax :
From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
Typical with any new account signup bonus, nothing new.
Apr 3, 2024
419 Posts
Joined Jun 2019
Apr 3, 2024
CleverChicken951
Apr 3, 2024
419 Posts
Quote from Armaan1 :
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
Cannot agree more, hoping for those to catch-up soon!
1

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Apr 3, 2024
23 Posts
Joined Feb 2023
Apr 3, 2024
ScarletMustang4542
Apr 3, 2024
23 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.
Same thing happened with me. Never got the slices, but got the $101. Opened last year for same promo.
Apr 3, 2024
10 Posts
Joined Jul 2020
Apr 3, 2024
JollyBanana2146
Apr 3, 2024
10 Posts
Their trading app sucks .. it is not at all user friendly
Apr 3, 2024
10 Posts
Joined Jul 2020
Apr 3, 2024
JollyBanana2146
Apr 3, 2024
10 Posts
Quote from Nolimit167 :
Tried to deposit $50 but met with "This feature is temporarily unavailable. Please try again later.
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
6
Apr 3, 2024
7 Posts
Joined Apr 2017
Apr 3, 2024
Aurum_Alchemist
Apr 3, 2024
7 Posts
Quote from JollyBanana2146 :
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
we are just here for the $101-tax bonus. CS can collapse all they want after the bonus is deposited. they do have great debit card for travelling that waived all atm/foreign fees.
1
Apr 3, 2024
1,035 Posts
Joined Dec 2011
Apr 3, 2024
Olafur
Apr 3, 2024
1,035 Posts
Quote from Aurum_Alchemist :
they do have great debit card for travelling that waived all atm/foreign fees.
Please correct me if I'm wrong but I think that debit card is only for Schwab Bank, not Schwab Brokerage. This deal is for Schwab Brokerage, which provides a different debit card without that benefit. Is that correct?

Edit: Actually, the Schwab Brokerage may have the same benefits after all...
Last edited by Olafur April 15, 2024 at 05:35 AM.
Apr 3, 2024
1,490 Posts
Joined Sep 2014
Apr 3, 2024
bootymonger
Apr 3, 2024
1,490 Posts
If you are moving big bucks into Schwab (you can buy T-bills thru them if you aren't into stocks), they have their potentially larger new customer referral bonus depending on how much to move there within 45 days (don't ask me for a referral code or link b/c that's against SD policy even tho the person sharing the code gets nothing):

https://www.schwab.com/refer-a-friend
Apr 3, 2024
2,138 Posts
Joined Sep 2022
Apr 3, 2024
norcal007
Apr 3, 2024
2,138 Posts
Quote from Armaan1 :
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
I moved all my $ to Schwab 4 years ago and have been very pleased. The use any ATM no fee is bonus. I also use Schwab Bank and it's been good.

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Apr 3, 2024
2,138 Posts
Joined Sep 2022
Apr 3, 2024
norcal007
Apr 3, 2024
2,138 Posts
Quote from JollyBanana2146 :
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
LOL..what makes them unethical? Is it because you don't like the fact that Mr Schwab is not a biden supporter?
11

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